Scope for a sizeable move lower towards 1.12 – Scotiabank
The British Pound (GBP) has been trading at a new low against the US Dollar (USD) since January 6, according to economists at Scotiabank. This is a cause for concern as the GBP/USD exchange rate is vulnerable to further losses. The economists at Scotiabank have warned that a break below 1.1845 could trigger a double […]
Comparing Forex Brokers: What to Consider
Comparing Forex Brokers: What to Consider When it comes to trading currencies, forex brokers are the go-to source for finding the best deals and the most reliable trading platforms. As the forex market grows and evolves, so too does the competition among forex brokers. With so many options available, it can be difficult to decide […]
Crypto 101: A Beginner’s Guide to Understanding Cryptocurrency
Introduction Cryptocurrency has become one of the most popular topics of discussion in the financial world. As with any new technology, there’s a lot of confusion surrounding it. What is it? How does it work? How do I use it? These are all questions that many people have, but few have the answers to. This […]
Overcoming Emotional Obstacles in Stock Market Trading
Introduction The stock market is a complex and ever-changing environment, and traders must be prepared to face a variety of emotional obstacles in order to succeed. From fear of loss to irrational exuberance, emotions can play a major role in the success or failure of a trader’s investments. In order to make informed decisions, traders […]
AI sets XRP price for the end of 2023
Investors in the cryptocurrency industry are eagerly awaiting the outcome of the United States Securities and Exchange Commission (SEC) lawsuit against Ripple, as the result of the case could significantly affect the price of XRP. In the meantime, the finance prediction platform CoinPriceForecast, which uses machine self-learning technology, is forecasting a significant increase for XRP […]
AMC Networks stock surges after profit more than doubles expectations
Shares of AMC Networks Inc. (AMCX) surged 7.3% towards a 3 1/2-month high in premarket trading on Friday, after the TV network and streaming services company reported a fourth-quarter profit that was well more than double what was expected. The company reported a net loss of $264.7 million, or $6.11 a share, compared to net […]
Crypto Mining: How to Make Money From Digital Currency
Introduction Cryptocurrency mining is a process by which new digital coins are created and transactions are verified and added to a public ledger, known as a blockchain. The process of verifying transactions is called “mining” because it resembles the process of mining for precious metals. Miners are rewarded for their work with cryptocurrency tokens. Crypto […]
United States Import Price Index (YoY) registered at 0.8%, below expectations (2.9%) in January
Investing in financial markets such as stocks, bonds, commodities, and currencies can be a great way to increase your wealth over time, but it also carries with it a certain degree of risk. Before investing, it is important to understand the potential risks and rewards involved in order to make an informed decision. To help […]
Xumm Launches QR Payment Feature for Retail Stores
Xumm and XRPL Labs have recently announced the launch of a new QR payment feature that allows users to make payments at retail stores using an XRPL wallet. This new feature was created in partnership with Frii, a loyalty program platform, and the first terminal was installed at 36aWay, a sandwich and pasta shop in […]
Coronavirus tally: Moderna flu vaccine trial falls short on one goal, sending stock down
Moderna Inc. (MRNA), a leading provider of COVID-19 vaccines, saw their stock drop 6.6% in premarket trading on Friday. This was due to news that one of their flu vaccine candidates had failed to meet the desired goal in a trial. Despite this news, Stephen Hoge, the President of Moderna, was optimistic about the future […]