Author: FX
KuCoin Confirms Wallet Identity of User Behind Multiple Rug Pulls The crypto wallet responsible for thousands of rug pulls belongs to a KuCoin user.Coingurruu alerted the public about a wallet that launched thousands of memecoins over two years.A KuCoin community member accused KuCoin of being behind the multiple rug pulls. KuCoin exchange has confirmed that the crypto wallet responsible for thousands of rug pulls on its platform belongs to one of its users. The crypto exchange confirmed the information after a community member accused it of owning and controlling the same wallet. .@CoinGurruu the wallet that you claim has launched…
Earnings from the big technology companies may have boosted US equity indices but the bar for further gains is rising ahead of the US FOMC meeting next week. That said, the trend remains up and so far, there are no signs of a reversal of the uptrend on technical charts. Source link
Daily changes:Stoxx 600 +0.5%German DAX +0.7%UK FTSE 100 +0.4%French CAC flatSpain IBEX -0.9%Italy MIB -0.3%Weekly changes:Stoxx 600 -0.6%German DAX +0.1%UK FTSE 100 -0.7%French CAC -1.3%Spain IBEX -2.0%Italy MIB -2.4%A decline this week ends a run of five straight weeks higher in the Stoxx 600. Source link
GOLD PRICES FORECAST:Gold prices were subdued on Friday, but losses were limitedTraders appear to be avoiding large directional bets ahead of important economic events in the coming daysThe Fed May meeting’s monetary policy decision and the U.S. labor market report will steal the limelight next week Recommended by Diego Colman Get Your Free Gold Forecast Most Read: US Core and Headline PCE Diverge, Employment Costs Rise, US Dollar Nudges HigherGold prices (XAU/USD) retreated on Friday, weighed down by a stronger U.S. dollar, but the pullback was modest as falling U.S. Treasury yields capped the downside. In late morning, bullion was…
It’s time for the folks over at the RBA to announce their policy decision very soon! Will they decide to keep rates unchanged for another month? And what do the latest inflation figures imply for their policy plans? Here’s what you need to know if you’re planning on trading this central bank announcement. Event in Focus: Reserve Bank of Australia Monetary Policy Statement When Will it Be Released: May 2, Tuesday: 4:30 am GMT, 5:30 am London, 12:30 am New York, 1:30 pm Tokyo Expectations: RBA to keep interest rates on hold at 3.60% Potential revisions to inflation and rate…
Share: US Dollar gathers bullish momentum on Friday as markets assess the latest US data. USD is up more than 1% against the Japanese Yen following the Bank of Japan’s policy meeting. US Dollar Index technical outlook points to a bullish tilt in the short term. The US Dollar (USD) has gathered strength in the second half of the week and the US Dollar Index climbed above 102.00 for the first time in a week on Friday. The risk-averse market atmosphere helps the USD find demand as a safe haven while hawkish Federal Reserve (Fed) bets provide an…
US Dollar (DXY) Price, Chart, and AnalysisHeadline inflation at 4.2% vs a prior reading of 5.1%Core inflation at 4.6% vs 4.5% expectations and a upwardly revised prior reading of 4.7% Recommended by Nick Cawley Get Your Free USD Forecast Core inflation in the US remained elevated, and sticky, in March, while headline inflation dropped the best part of 1 percent in March, leaving the overall picture mixed. Employment costs, both benefits, and wages, rose by 1.2% in March compared to 0.8% and 1% respectively in February. The overall take from today’s data suggests that the Federal Reserve will hike rates…
Have you ever gone through a rough patch in your trading performance and couldn’t seem to figure out what was going wrong? You have probably encountered a few losing streaks here and there but you eventually made it back on your feet by making the necessary adjustments. But unless you’re able to pinpoint the root of the problem, you’ll likely have an even tougher time bouncing back. If you are going through this situation, chances are that the pressure to get back in the black is making it difficult for you to assess what the problem is. Instead of letting yourself get…
USD/JPY PRICES, CHARTS AND ANALYSIS: Recommended by Zain Vawda Get Your Free JPY Forecast Most Read: Japanese Yen Drops as BOJ Keeps Policy Settings Unchanged: Where to for USD/JPY?USD/JPY FUNDAMENTAL BACKDROPThe Yen suffered overnight as comments from Bank of Japan (BoJ) Governor Kazuo Ueda following hist first monetary policy meeting struck a dovish tone. USD/JPY rallied higher in the Asian session from a low around 133.30 to a European session high (at the time of writing) of 135.85.All eyes were focused on BoJ Governor Ueda in his first monetary policy meeting with many market participants hoping for a pivot or…
JaysonPhotography Stock index futures pointed to a lower opening Friday but inflation data before the bell will likely influence sentiment. Nasdaq 100 futures (NDX:IND) -0.3%, S&P futures (SPX) -0.3% and Dow futures (INDU) -0.2% were lower. Amazon weighed as it fell premarket, erasing a post-earnings pop with caution on cloud growth. For the week, the S&P 500 (SP500) is flat, the Nasdaq Composite (COMP.IND) is up 0.6% and the Dow (DJI) is little changed. Rates were lower. The 10-year Treasury yield (US10Y) fell 6 basis points to 3.47%. The 2-year yield (US2Y) fell 7 basis points to 4.03%. On the…