Turkish crypto exchange boss goes missing, reportedly taking $2 billion of investors’ funds with him
A visual representation of the cryptocurrency Bitcoin on November 21, 2020 in London, England. Jordan Mansfield | Getty Images LONDON — A Turkish cryptocurrency exchange is offline and its CEO has reportedly gone missing, leaving thousands of investors worried that...
‘This is our generation’s moonshot,’ Energy Secretary Granholm says of fighting climate change
Secretary of Energy Jennifer Granholm speaks during the daily press briefing on April 8, 2021, in the Brady Briefing Room of the White House in Washington, DC. Brendan Smialowski | AFP | Getty Images Energy Secretary Jennifer Granholm on Friday...
Dollar in Fresh Selloff, Yen and Euro Strong
Fresh selloff in seen in Dollar as we enter into US session. Euro was lifted earlier today by strong PMIs. But it could be taken over by Yen before weekly close. Mild risk aversion in Europe is keeping Yen afloat....
Why a strong start to earnings season isn’t halting the slide for global stocks
The Wall Street sign is seen outside The New York Stock Exchange (NYSE) in New York, February 16, 2021. Brendan McDermid | Reuters LONDON — Corporate earnings season is off to a flying start, but the positive surprises have so...
US Stock Market Declined Because Of The Reports Of Biden’s Plans To Raise Taxes For The Wealthy People
On Thursday, the American stock market decreased by an average of 1% after the reports of US President Joe Biden’s plans to a capital gains tax from 20% to 39.6%. Last week, the number of initial jobless claims decreased by...
Oil Price Outlook: A Breakout Pattern Is Forming With Resistance Near $61.90
Crude oil price started a downside correction after it failed to settle above $64.00 against the US Dollar. The price broke the $62.50 support zone to move into a short-term bearish zone. The price even declined below $62.00 and tested...
USDJPY Warning Signs
The US dollar remains under downside pressure against the Japanese yen currency, as bears continue to hold the price below the 108.00 level. A bearish head and shoulders pattern is still in play and is a warning of a coming...
BTCUSD Breaks $50,000
Bitcoin has fallen below the $50,000 support as selling towards altcoins increases, and the decline in the top cryptocurrency shows few signs of stopping. A bullish inverted head and shoulders pattern has now been invalidated and is warning of a...
GBP/JPY Could Edge Higher
The British Pound declined by 128 pips or 0.95% against the Japanese Yen on Thursday. The GBP/JPY currency pair tested the 149.45 level during yesterday’s trading session. The exchange rate rebounded from the support line, as mentioned earlier, during the...
EUR/JPY Trades Above 129.60
The common European currency declined by 63 pips or 0.48% against the Japanese Yen on Thursday. The currency pair tested the support level at 129.66 during Thursday’s trading session. If the EUR/JPY exchange rate breaks the support line, as mentioned...
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