Dow Jones futures are rising ahead of the important US inflation numbers scheduled for later today. The index is trading at $33,655, which is a few points below its all-time high. It has already risen by more than 10% this year. The fear and greed index, on the other hand, […]
The price of gold bounced recently from below $1,700, bringing hope to bullish traders. For many, the correction from the highs looks like a bullish flag, and every lower low that the market makes is viewed as an opportunity to add gold to the portfolio. However, the gold price remains […]
Ripple price (XRP/USD) has shot off to the moon after a US judge blocked the request by the US Securities and Exchange Commission (SEC) to access the bank records of Ripple’s co-founders Brad Garlinghouse and Chris Larsen. In denying the request, Judge Sarah Netburn declared that the SEC’s request for […]
The USD Index has shed off some weight this Tuesday following the release of the US Consumer Price Index data. According to data released by the Bureau of Labor Statistics, Consumer Price Index rose 0.6% monthly in March, which surpassed the previous number (0.4%) and the market expectation of 0.5%. […]
Litecoin (LTC/USD) continues to power to new highs, buoyed by today’s surge beyond the $63,000 mark by Bitcoin, its parent asset. Furthermore, the direct listing of Coinbase is scheduled to hold any time from now, and this is also driving demand on the Bitcoin analogue. The daily chart of Litecoin […]
EUR/USD is trading lower by 0.08% as the market reacts to the lower-than-expected German ZEW economic sentiment. The index measures the economic outlook of Europe’s largest economy over a span of six months. Analysts expected April’s reading to come in at 79.0; higher than the previous month’s 76.6. However, at […]
Dow Jones futures are rising ahead of the important US inflation numbers scheduled for later today. The index is trading at $33,655, which is a few points below its all-time high. It has already risen by more than 10% this year. The fear and greed index, on the other hand, […]
The EUR/GBP is down for the past two straight days as traders reflect on the mixed economic numbers from the United Kingdom (UK) and the European Union (EU). The pair dropped to 0.8653, which is slightly below yesterday’s high of 0.8698. What happened: The Office of National Statistics (ONS) published […]
The Dogecoin price has rebounded this week. DOGE is trading at $0.0735, which is 80% above its lowest level on February 23rd. Its total market cap has risen to more than $9.6 billion, making it the 16th largest digital currency in the world. The background: Dogecoin is a popular digital […]
The Algorand price has fallen for the second straight day ahead of the Coinbase listing. ALGO price is at $1.47, which is 18.65% below last week’s high of $1.8. Its total market cap stands at more than $4 billion making it the 37th biggest digital currency in the world. It […]
The German Dax index is on a tear higher recently. In 2021 so far, it has outperformed its U.S. peers, despite the lag in the vaccination campaign in Europe. However, Europe, and Germany in particular, has started the second quarter with record numbers of adults being vaccinated on a daily […]
Ripple price had a tremendous month so far. At the start of April, the price of one Ripple was 0.6, and in two weeks’ time, it almost tripled. Judging by the parabolic move higher, following two triangular patterns, we may say that more upside is possible as the two patterns […]
