Continued rate increases would “lock in” slowing inflation
The St. Louis Federal Reserve’s James Bullard recently commented on the current market-based expectations of inflation. He noted that the economy was growing faster than previously thought, with unemployment below the long-run rate and output above its potential. Bullard also said that inflation remains too high, but that it has come down recently and could […]
Bitcoin bulls aim to hold this week’s BTC gains leading into Friday’s $675M options expiry
Bitcoin bulls are aiming to hold onto this week’s gains leading up to the $675 million options expiry on Friday, February 17th. The U.S. Federal Reserve (FED) is continuing to monitor the overheated economy and is likely to take further action to curb inflation, such as raising interest rates. This has created a bullish environment […]
Gold futures give up early losses to finish higher
Gold futures ended Thursday’s trading session higher, recovering from earlier losses as the US dollar weakened. The US Dollar Index (DXY) decreased by 0.09%, and gold prices received support from this development. The strength of the US dollar had been putting pressure on gold earlier in the day, following the release of positive US Producer […]
Crypto Security 101: What You Need to Know to Protect Your Funds
Crypto Security 101: What You Need to Know to Protect Your Funds Cryptocurrency is a digital asset that can be used to buy goods and services or to store value. It is becoming increasingly popular as an alternative to traditional currencies and is gaining traction in the financial world. However, as with any other form […]
Get the Most Out of Your Investments with Fundamental Analysis
Get the Most Out of Your Investments with Fundamental Analysis Fundamental analysis is an important tool for investors who want to make informed decisions about their investments. It is a method of analyzing a company’s financial performance and prospects by looking at its financial statements, management team, industry trends, and other factors. By understanding the […]
XAG/USD trims its losses but remains exposed to sellers below the 200-DMA
Silver prices have been on a volatile ride over the past few weeks, with the price of the precious metal hitting a low of $21.44 and a high of $22.00. After a prolonged period of losses, silver prices have managed to stabilize and are currently trading at $21.71. Despite the recent stabilization, silver prices remain […]
TRU, CHIP top gainers as OKB hits ATH
The cryptocurrency market is still experiencing both gains and losses as investors closely watch global events that could impact the crypto market. Some altcoins have seen a remarkable increase in their prices, with the Chip token leading the list with a 157% increase over the past 24 hours. The Chip token currently trades at $0.00163 […]
Coronavirus tally: Moderna promises to keep COVID vaccine available and free for all Americans
Moderna Inc., a biotechnology company based in the United States, recently announced that their COVID-19 vaccines will remain available and free for all people in the United States, even after the public-health emergency has ended. This news comes after Senator Bernie Sanders of Vermont, the chair of the Senate’s health, education, labor and pensions committee, […]
Get an Edge on the Forex Market with Technical Analysis Strategies
Get an Edge on the Forex Market with Technical Analysis Strategies The forex market is the largest financial market in the world, with daily trading volumes of more than $5 trillion. It is a highly liquid and volatile market, making it an attractive trading opportunity for those looking to make profits from short-term price movements. […]
Altcoins: The Cryptocurrency Market’s Newest Opportunity
Introduction Altcoins, or alternative cryptocurrencies, are digital assets that are created to provide a different solution than the one offered by Bitcoin. These digital assets are created to offer a different set of features, such as faster transaction times, lower transaction fees, or different privacy protocols. Altcoins have become increasingly popular in recent years, as […]