GBP/USD Challenges: 1.2633 Resistance & Fed’s Hawkish Views
GBP/USD Challenges: 1.2633 Resistance & Fed’s Hawkish Views Quick Look: Neutral Intraday Bias: GBP/USD may rise if it holds above support at 1.2445 and could target 1.2708 if it breaches 1.2633. Impact of Fed’s Hawkish Stance: Fed’s reluctance to cut rates bolsters USD,
Expected 0.3% CPI Increase Hints at Inflation Slowdown
Expected 0.3% CPI Increase Hints at Inflation Slowdown Quick Look: Core CPI Expected to Moderate: Anticipated 0.3% rise month-on-month, possibly marking the first moderation in six months; Persistent Service Costs: Despite declines in core goods prices, high service costs continue to pressure overall
Bitcoin’s Volatility: Highs of $65,500 and Lows of $60,000
Bitcoin’s Volatility: Highs of $65,500 and Lows of $60,000 Quick Look: Rapid Fluctuations: Bitcoin hit $65,500, then dropped to $60,800, reflecting intense market volatility; Resistance Challenges: Efforts to surpass $62,000 were met with resistance, highlighting difficulties in maintaining gains; Investor Behavior: Shifts from short-term
Financial Advisors Reluctant to Discuss Crypto with Clients Due to Legal Concerns, Survey Finds
A mere 1% of financial advisors frequently engage in discussions about crypto with their clients due to concerns about potential legal liabilities and associated expenses if the investment goes awry. According to CoreData’s “Australia’s Crypto Investors” report, a staggering 89% of
El Salvador Launches Bitcoin Treasury Website For its $360 Million BTC Reserves
El Salvador, renowned for its move to adopt Bitcoin as legal tender in September 2021, has now introduced a cutting-edge online platform for tracking the country’s Bitcoin Treasury. The initiative, spearheaded by The Bitcoin Office, a Salvadoran government agency dedicated to
Turbo Token Rises 73.8%: A Market Resilience Study
Turbo Token Rises 73.8%: A Market Resilience Study Quick Overview Substantial Growth: Turbo token has risen by 73.8% in the past month despite recent daily dips; High Trading Volume: 24-hour trading volume reached $24.19 million, suggesting strong liquidity; Market Outperformance: Turbo has significantly outpaced
Blinken delivers strongest public rebuke of Israel yet: ‘Get out of Gaza’
Secretary of State Antony Blinken on Sunday delivered one of the Biden administration’s strongest public rebukes of Israel, amid its war with Hamas in Gaza. During a pair of TV interviews, Blinken said the United States wants Israeli forces to ‘get
Republican says Biden has ‘strengthened’ Hamas by withholding aid from Israel: ‘Completely incompetent’
A Republican senator hammered President Biden on Sunday for withholding weapons from Israel, which he claimed has inadvertently ‘strengthened’ the Hamas terror group. Sen. Pete Ricketts, R-NE, said the Biden administration’s decision to withhold high payload bombs from Israel ‘just demonstrates
Mother of Hamas hostage says US shouldn’t be considered ‘neutral negotiator’: ‘America was also a victim’
The mother of a 23-year-old American among the 132 hostages who remain held by Hamas militants said Sunday that the U.S. should not be considered a ‘neutral negotiator’ and ‘was also a victim’ on Oct. 7. On Mother’s Day, Rachel Goldberg-Polin,
Netanyahu’s legacy could be ‘a break’ in relationship between US and Israel, Democratic senator says
The legacy of Israeli Prime Minister Benjamin Netanyahu may be at a crossroads, Sen. Chris Coons, D-Del., said Sunday, as Israel looks to launch a direct assault on the Hamas stronghold of Rafah. Coons appeared on ABC’s ‘This Week’ and said