Vodafone’s share maintains a bearish price trend. Etisalat purchased a $4.4B stake in the firm. Vodafone to publish financial outcomes this week. The Vodafone share price witnessed pressure today as the market responded to the updates of Etisalat purchasing the company’s stake. The share trades under LON: VOD ticker. Meanwhile, VOD plunged towards 14.64p lows, … Read more
EUR/USD nears parity. Amundi believes the pair will do so within six months. ECB and Fed to diverge The United States dollar recorded rallies in the Forex space as the Fed Reserve adopted a new tightening series. The U.S central bank hiked the funds’ rate two times. It increased the rates by 50bp in May, … Read more
Payback Ltd Review Indeed, falling for online scammers is a devastating thing. The worst thing is that you might never recover your stolen/lost funds. However, should you give up? Or can you recover money scammed funds? Sure, you can seek help from financial companies such as PayBack Ltd. It is one of the companies that … Read more
Latest Santiment data shows whales actively dumping their Tether holdings amid de-pegging risks. Yesterday’s trading sessions saw USDT plummeting to $0.97 before recovering to its $1 value area. The decline sent shock across the market. Even large crypto wallets experience psychological pressure, whales selling USDT worth $710 million. The figure represented the highest 1-day USDT … Read more
The GBP/USD plummeted to its lowest levels since May 2020. Data showed the economy deteriorated in March. There are worries about increasing rates amid stagflation. The British pound witnessed a massive crash that saw it touching levels last seen in May 2020, as recent United Kingdom GDP complicated the Bank of England’s calculus. GBP/USD dropped … Read more
Coinbase Stock (NASDAQ: COIN) crashed today, dropping 12.60% (-10.52) to around $72.99. Coinbase noted a loss in its latest quarterly results and reported users declining. Here’s a guide to purchasing the Coinbase stock amidst a dip. The last five days had the leading U.S crypto exchange recording a more than 41% decline in the stock. … Read more
The past few days had Bitcoin on a free fall, completing six successive red weeks. Intensified bearishness saw BTC breaking beneath $37K, which offered a sturdy foothold within the previous months on several occasions. The price plummets emerged after Bitcoin encountered rejection while attempting to overcome the 50- and 100-day MA lines and triggered massive … Read more
USD/JPY trades beyond 131. The Japanese yen lost its safe-haven prestige. A decline beneath 127 would mean reversals. The Japanese yen witnessed a freefall, and the USD/JPY reflected the fall, with the exchange rate climbing beyond 131. That translated to the steepest drop in two decades. However, this isn’t the first time the Bank of … Read more
With the turmoil within the financial markets frightening market players, a massive economic crisis might be impending. The initial steps by Fed Reserve toward stiffening fiscal policy expose susceptibility within a high leverage economy. The Federal Reserve spent years deploying artificial stimulation to the economy. Meanwhile, it attempts to remove the stimulus without crashing the … Read more
Bitcoin and the altcoin market await the next catalyst after ending April on a bearish note. Though the current condition reflects an improved mood, market players remain worried due to the upcoming FOMC (Federal Open Market Committee) conference. Assets within the cryptocurrency marketplace have experienced substantial sideways actions over the past two days. That is … Read more