forex news

This week could set long-term trend of USD/JPY

The USD/JPY has been one of the most interesting pairs to trade in 2022. The pair has had it all, including hitting record highs and central bank intervention. But the year is not over, and some more market events are...
Gold technical analysis shows possible upside

Fed rate hike doesn’t disrupt gold’s bullish trend

Gold has recovered almost half of the losses experienced after its March 2022 peak after creating a strong demand zone around $1,621.40. This support area made a strong triple bottom pattern. Since then, we can see a consecutive higher high,...

How many cryptocurrencies are there?

It only took less than a decade for cryptocurrency to explode onto the stage and grow at an astonishing rate. In 2013, there were only about 7 crypto projects available. Then, by the time 2014 came around, the amount grew...

EUR/USD: Calm before the interest rate storm

The central banks of the most traded currency pair are both making very important interest rate decisions this week in quick succession. On Thursday (8.00am NZDT) the US Federal Reserve will deliver its final interest rate decision for the year....
twitter nt musk

Twitter-Apple feud all in Elon’s head

Twitter owner and Chief Executive Officer Elon Musk told a Twitter Spaces conversation on Dec. 3 that Apple has fully resumed advertising on the social media platform. Musk noted that the iPhone and Mac manufacturer is Twitter's largest advertiser. Its...

Dogecoin’s December trajectory

Dogecoin has now made its way through a trend reversal, after its sharp rise and pullback in the back half of October and first half of November. In October, DOGE began a massive rally, gaining over +150% in just five...

FTX’s collapse raises concerns for crypto-related stocks

Bahamas-based cryptocurrency exchange FTX's filing of Chapter 11 bankruptcy on Nov. 11 have sent stocks of financial services companies dealing digital assets tumbling, further reducing the already dented confidence for the cryptocurrency industry....

The FIFA World Cup of forex

The biggest event in the world is occurring right now in Qatar. 32 national teams are contesting the FIFA World Cup, drawing in audiences in the billions. With so many eyes on the games, it could be argued that it...

Walmart, Target unveil diverging outlooks

Walmart and Target released diverging outlooks for the final quarter of 2022 as the companies' respective recent financial results show how rising inflation prompts consumers in the US to be extra mindful and plan their purchases instead of becoming abrupt...
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