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Bitcoin (BTC) Testing Technical Resistance, Gold (XAU) Nudging Higher
Bitcoin (BTC) Testing Technical Resistance, Gold (XAU) Nudging Higher
Aug 9, 2024
Bitcoin (BTC) Testing Technical Resistance, Gold (XAU) Nudging Higher Bitcoin rally hits moving average resistance.Gold within $60/oz. of posting a fresh all-time high. Recommended by Nick Cawley Building Confidence in Trading For all high importance data releases and events, see the DailyFX Economic Calendar Bitcoin has recovered all this week’s losses and is back at levels seen just before last...
Japanese Yen Latest – USD/JPY Stable as Japanese Rate Hike Bets Pushed Back
Japanese Yen Latest – USD/JPY Stable as Japanese Rate Hike Bets Pushed Back
Aug 8, 2024
Japanese Yen Latest – USD/JPY USD/JPY trading on either side of 146.00Inflation has shown steady progress towards target.The ‘likelihood of achieving the inflation target has increased further’ and further upward pressure is expected, according to the latest Bank of Japan Summary of Opinions. ‘Assuming that the price stability target will be achieved in the second half of fiscal 2025, the...
Retail Sentiment Analysis – EUR/USD, GBP/USD Latest
Retail Sentiment Analysis – EUR/USD, GBP/USD Latest
Aug 7, 2024
Retail Sentiment Analysis – EUR/USD, GBP/USD Latest EUR/USD Retail Sentiment Analysis Recent data shows that more traders are betting against the Euro versus the US Dollar (EUR/USD) than for it. Specifically, about 38% of traders think the Euro will go up, while 62% think it will go down. Compared to yesterday, slightly more traders now think the Euro will rise....
​​​​​​​Nasdaq 100 and Dow struggle but Dax moves higher​​​​​​​
​​​​​​​Nasdaq 100 and Dow struggle but Dax moves higher​​​​​​​
Aug 8, 2024
​​​Nasdaq 100 fights to hold 200-day MA ​After rebounding on Tuesday the index fell back on Wednesday to the 200-day simple moving average (SMA), currently 17,831, and closed above this level. ​Early trading on Thursday has put further pressure on the price, though it is still above the 200-day SMA for the time being. A close below the 200-day would...
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Sector Update: Health Care
Sector Update: Health Care
Mar 21, 2024
03:42 PM EDT, 03/21/2024 (MT Newswires) -- Health care stocks rose late Thursday afternoon with the NYSE Health Care Index adding 0.2% and the Health Care Select Sector SPDR Fund (XLV) rising 0.3%. The iShares Biotechnology ETF (IBB) climbed 0.9%. In corporate news, Eledon Pharmaceuticals ( ELDN ) shares surged 12% after it said its tegoprubart monoclonal antibody was used...
Investor Optimism Improves Slightly; Dow Jumps Over 250 Points
Investor Optimism Improves Slightly; Dow Jumps Over 250 Points
Mar 22, 2024
The CNN Money Fear and Greed index showed a slight increase in the overall market sentiment on Thursday. U.S. stocks closed higher on Thursday, extending gains recorded in the previous session. The Fed kept interest rates unchanged Wednesday between 5.25% and 5.5% at its March meeting, as widely expected by investors, confirming intentions to lower the cost of money in the...
Sector Update: Financial
Sector Update: Financial
Mar 21, 2024
03:19 PM EDT, 03/21/2024 (MT Newswires) -- Financial stocks advanced late Thursday afternoon, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each rising 0.9%. The Philadelphia Housing Index climbed 1.8%, and the Real Estate Select Sector SPDR Fund (XLRE) was adding 0.4% Bitcoin (BTC-USD) dropped 4% to $65,176, and the yield for 10-year US Treasuries...
Japan's Nikkei ends at record high on Wall Street gains, weaker yen
Japan's Nikkei ends at record high on Wall Street gains, weaker yen
Mar 22, 2024
(Updates to closing prices) TOKYO, March 22 (Reuters) - Japan's Nikkei share average closed at an all-time high on Friday, underpinned by record gains on Wall Street overnight and strength in automakers' stocks on a weaker yen. The Nikkei rose 0.18% to end at 40,888.43, after hitting 41,087.75 earlier in the session to break an all-time intraday high. The index,...
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Update: CVS Health Names Insider David Joyner as President, CEO; Provides Q3 Earnings Guidance, Pulls 2024 Profit Outlook
Update: CVS Health Names Insider David Joyner as President, CEO; Provides Q3 Earnings Guidance, Pulls 2024 Profit Outlook
Oct 18, 2024
08:27 AM EDT, 10/18/2024 (MT Newswires) -- (Updates with 2024 profit guidance withdrawal in the headline and fifth paragraph, and stock move in the sixth paragraph.) CVS Health ( CVS ) said Friday it has named Executive Vice and CVS Caremark President David Joyner as president and chief executive officer, starting Oct. 17. Joyner was also appointed to the company's...
Procter & Gamble's Mixed Bag Q1: EPS Exceeds Estimates, Reaffirms Growth Outlook & More
Procter & Gamble's Mixed Bag Q1: EPS Exceeds Estimates, Reaffirms Growth Outlook & More
Oct 18, 2024
Procter & Gamble Co ( PG ) shares are trading lower after the company reported first-quarter sales of $21.74 billion (-1% Y/Y), missing the analyst consensus estimate of $21.91 billion. Organic sales, which exclude the impacts of foreign exchange and acquisitions and divestitures, increased by 2%. Organic sales growth was driven by a 1% increase in higher pricing and a 1% rise in organic volume, excluding the...
Red Violet Unit Forewarn to Provide Services to New Hampshire Realtors
Red Violet Unit Forewarn to Provide Services to New Hampshire Realtors
Oct 18, 2024
08:23 AM EDT, 10/18/2024 (MT Newswires) -- Red Violet (RDVT) unit Forewarn said Friday that its real estate data services will be available to members of the New Hampshire Association of Realtors. The group currently has more than 6,500 members who will benefit from Forewarn's services, Forewarn said. Financial details of the partnership were not disclosed. Red Violet shares were...
Valvoline Finance Chief Mary Meixelsperger to Retire
Valvoline Finance Chief Mary Meixelsperger to Retire
Oct 18, 2024
08:23 AM EDT, 10/18/2024 (MT Newswires) -- Valvoline ( VVV ) said Friday that Chief Financial Officer Mary Meixelsperger is retiring but will remain in her position until a successor is hired and through a subsequent transition period. The automotive products provider said it has retained an executive search firm to find a successor. Meixelsperger joined Valvoline ( VVV )...
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Ripple (XRP) Skyrockets 13% Daily to 3
Ripple (XRP) Skyrockets 13% Daily to 3
Jul 17, 2024
Amid the ongoing positive inflows toward the spot Bitcoin ETFs, the price of the underlying asset continues to recover and tapped $66,000 for the first time in roughly a month earlier today. The altcoins are also well in the green, with XRP leading the pack following a 13% daily surge. BTC Stopped at $66K Bitcoins price actions went through extreme...
Craig Wright Could Face Perjury Charges for Claiming to be Bitcoin Creator
Craig Wright Could Face Perjury Charges for Claiming to be Bitcoin Creator
Jul 16, 2024
Australian computer scientist Craig Wright’s claims to be Bitcoin’s pseudonymous creator, Satoshi Nakamoto, could lead British prosecutors to charge him with perjury and forgery of documents. A new ruling in the Crypto Open Patent Alliance (COPA) vs. Wright case revealed that High Court Justice James Mellor has referred Wright’s misconduct to the Crown Prosecution Service (CPS) for consideration on charging...
FTX and US CFTC Reach $12.7 Billion Settlement: Details
FTX and US CFTC Reach $12.7 Billion Settlement: Details
Jul 17, 2024
Bankrupt cryptocurrency exchange FTX and the U.S. Commodity Futures Trading Commission (CFTC) have reached a $12.7 billion settlement, pending approval from a Delaware judge. If approved, the entire $12.7 billion will be allocated to paying back FTX’s creditors, as the CFTC has decided against seeking a civil monetary penalty. $12.7 Billion Settlement The settlement, detailed in a July 12 filing,...
Ripple Contributes $1 Million to Unseat Elizabeth Warren
Ripple Contributes $1 Million to Unseat Elizabeth Warren
Jul 16, 2024
Ripple has contributed $1 million to back XRP advocate John Deaton in his campaign against Senator Elizabeth Warren in the Massachusetts Senate race. The funds are being channeled to the Commonwealth Unity Fund, a new super PAC created by attorney James Murphy, who contributed $50,000 on April 15 to the cause. Ripple’s Support For XRP Advocate Deaton In February, John...
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