Crypto exchange Vauld had its bank and crypto assets frozen by the Enforcement Directorate (ED) in India worth almost INR 370 crore, or $46 million. The crypto exchange had halted withdrawals in…
Category: Covid-19
EUR/GBP Price Forecast – Is the Bearish Regime Over?
Briefly – EUR/GBP rebounded from its lows. ECB to end negative interest rates An inverse head & shoulders setup suggests more upside. The British pound (GBP) gained against the euro since the…
Boohoo Share Might Drop to 50p Soon: BOO Price Prediction
Boohoo shares noted price declines after reporting weak earnings. Boohoo has its revenue and profitability fading. The stock nears its YTD low. The Boohoo (LON: BOO) stock witnessed an 11% decline today…
Should You Purchase Gilead Sciences Stock in May 2022?
Gilead Sciences revealed massive Q1 results. Its management restructured financial guidance. The current support floor sat at $55. Gilead Sciences, Inc. witnessed its shares weakening to $57.19 from $72.27 in January 2022….
What Next for USD/JPY As it Explores 20-Year Highs
USD/JPY touches 20-year highs. Elliott Waves shows the rally might stall soon. USD/JPY sees an impulsive setup The Japanese yen’s collapse remains the dominant FX market story this year. Meanwhile, all JPY…
Nordstrom Stock (JWN) Gains 37% Today: Where to Purchase the Stock?
Nordstrom stock surged 37.82% today. It currently trades at $26.93. Here’s a guide on how you can purchase JWN stock. Nordstrom stock (JWN) surged 37% after the firm announced positive earnings. The…
USD/JPY Weekly Projections: The Omicron Variant And The Global Epidemic
At the most anticipated Federal Reserve meeting since November, the Fed pushed out the end of economic assistance from June to March and increased its rate hike prediction for 2022. In keeping…
BoE Raises Banks Rate To 0.25%, Sending GBP/USD To Monthly Highs
After the Bank of England (BoE) published its policy decision, the GBP/USD pair attracted aggressive wagers and surged to a new monthly high, surpassing the mid-1.3300s in the previous hour. The British…
GBP/USD Retreats UK CPI-Led Bullish Jump To Weekly Peak, Falls Below Mid-1.3200s
In response to higher-than-expected UK inflation numbers, the Pound rose to a new weekly high in the vicinity of 1.3260–65 before reversing course and falling a few pips after that. When we…
GBP/USD Remains Stable At 1.3200 Following The Release Of The UK Jobs Report
In the early European session, the Pound/Dollar exchange rate was trading in a reasonably narrow band around 1.3200. It was revealed in recent data from the United Kingdom that the ILO Jobless…
EUR/USD Outlook: Euro Begins Another Week On The Back Leg, Expected To Go Below 1.1270
The Euro-Dollar exchange rate is fluctuating at 1.1300, putting it on the defensive as the US Dollar recovers with yields and the market’s confidence in the Omicron COVID strain. The divergence in…
EUR/USD Weekly Projected: The Fed And The ECB Are Bracing For Market Turmoil
The EUR/USD remains unchanged for a third week, moving around 1.1300 as market players remain cautious due to the Omicron coronavirus strain and upcoming central bank announcements. Central Bank Responses Speculation interest…
USD/JPY Lacks Direction But Remains Above 113.00
The USD/JPY continued to trade in a horizontal consolidation pattern as the European day began to unfold. The relatively secure Yen was supported by cautious market sentiment, which worked as a headwind…
USD/JPY Has Risen To A One-Week Top, Hovering Near 113.70
Throughout the Asian session, the USD/JPY pair gained ground, eventually reaching a one-week high in the vicinity of 113.70 in the final hour of trading. On Tuesday, the pair built on the…
