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Archives by Year:
Ripple And Tron: Ripple Has The Chance For A New Weekly High Tron chart analysis
Ripple chart analysisThe price of Ripple has shown stability, managing to stay above the EMA200 moving average at the start of this week. This morning’s confirmation at the weekly open price is a positive sign. Now, we eagerly await an impulse to push us to the 0.4850 level, where we will test yesterday’s high. A break above […]
7-2-24 Interest Rates Are A Function Of Inflation And Economic Growth
Image Source: DepositPhotosInterest Rates have taken a big jump over the last few days, triggering an avalanche of emails, asking, ‘what’s going on?’ Answer: Nothing. It’s the end of the Quarter. There’s lots of rebalancing going on, and interest rates have gotten very, very over-bought. Rates are stuck in a downward trend, which does not […]
Sensex Today Ends 35 Points Lower; Nifty Below 24,150
After opening the day on a quiet note, benchmark indices remained muted on Tuesday and ended the day lower.Equity benchmark indices ended with marginal losses on Tuesday owing to selling pressure in banking shares.At the closing bell, the BSE Sensex stood lower by 35 points.Meanwhile, the NSE Nifty closed lower by 18 points (down 0.1%).TCS, Infosys, and Wipro are […]
The Energy Report: Falling Apart
Image Source: DepositPhotosThe Biden administration’s warped energy policy is continuing to fall apart as they lose in the courts and lose with scientific realties. This comes as hurricane risk and geopolitical risk factors are adding to the bullishness in the market. Fox Weather is reporting that Hurricane Beryl has been upgraded to a Category 5 […]
WTI Trades At Multi-Month High On Middle East, Hurricane Concerns
Hurricane Beryl strengthened overnight to a powerful Category 5 storm as it churned in the Caribbean Sea. The Cat. 5 storm is the earliest on record in the Atlantic hurricane season and has caused concern among energy traders about potential Gulf Coast disruptions. On Monday morning, Beryl made landfall on Grenada’s Carriacou Island in the Caribbean Sea with winds around 150 mph. According to […]
Japanese Yen Hits 38-Year Low Against US Dollar: What’s Driving The Trend?
The USD/JPY pair closed at 161.48 in New York trading, up 0.4% for the day. At one point, it surged to 161.72, marking its strongest level since 1986. Year-to-date, the yen has depreciated by over 12% against the dollar. Key Factors Behind the Yen’s Decline US Bond Yields: The primary driver of the yen’s one-sided movement […]
Polkadot Faces Backlash Over $37 Million Marketing Spend Despite Lower Returns
Following the launch of the PoKe initiative to onboard more mainstream Polkadot stakeholders, as reported in a previous CNF report, the Polkadot Forum facilitates a platform dedicated to comprehensive discussions about Polkadot and Kusama. Members are welcome to contribute, collaborate, or voice opinions, and are encouraged to read the Code of Conduct & Policy guide carefully.As highlighted by […]
Excess Demand Set To Drive Eurozone House Prices Up, Again
Image Source: Pexels Prior to the European Central Bank’s hiking cycle, one thing was certain: demand for housing exceeded supply, giving sellers significant pricing power and limiting buyers’ ability to negotiate. Over the past two years, supply and demand pressures have eased against a backdrop of higher mortgage rates. However, they are likely to make a comeback. Demographics and prosperity are key […]
Dogecoin And Shiba Inu: Dogecoin Breaks Below 0.12400
Dogecoin chart analysisOver the weekend, the price of Dogecoin managed to hold and gain support at the 0.12000 level. With another bullish consolidation on Sunday, the price climbs to 0.12500, crossing above the EMA200 moving average. Monday morning sees the formation of a new high at the 0.12750 level. We didn’t have the strength for further growth, […]
USD/JPY Analysis: Uptrend To Continue
As the start of a key trading week, the Japanese yen traded at 161 yen to the dollar, slightly below its 38-year low of 161.72 yen set last week. A downward revision to Japan’s first-quarter GDP kept the currency under pressure. According to the economic calendar, the second revision showed that the Japanese economy contracted […]
