July 3, 2024
Over 50% of US hedge funds have exposure to Bitcoin
Over half of the top American hedge funds have disclosed exposure to newly launched spot Bitcoin ETFs, as BTC/USD has significantly outperformed major stocks and indexes. 13 out of the top 25 United States hedge funds had owned Bitcoin ETFs by the end of Q1 2024. The Bitcoin-Dollar pair plummeted 1.4% in the last session. […]
Read More
July 3, 2024
Amazon’s stock rose 1.3%
Amazon shares gained 1.3% in the last session. The MACD is giving a positive signal.Amazon’s stock rose 1.3% in the last session.The MACD is giving a positive signal.Support: 190.6767 | Resistance: 201.5167
Read More
July 3, 2024
GBP/USD gained 0.3%
The Aussie got a slight bump of 0.1% against the Dollar in the last session. The Stochastic-RSI indicates an overbought market.The Aussie-Dollar pair gained a moderate 0.1% in the last session.The Stochastic-RSI points to an overbought market.Support: 0.6618 | Resistance: 0.6709
Read More
July 2, 2024
Apple, Tesla lifts stocks to higher close in light pre-holiday trading.
U.S. stock index futures edged higher on Monday ahead of manufacturing PMI data, with focus also on U.S. labor market numbers later in the week. Apple shares gained 2.2% in the last session. The ROC is giving a positive signal.Apple’s stock gained 2.2% in the last session.The ROC is currently in the positive zone.Support: 206.6433 […]
Read More
July 2, 2024
Forex Today: All the attention shifts to Powell and Lagarde.
The USD Index left behind two consecutive sessions of losses and refocused on the key 106.00 barrier. The Fed’s Chair J. Powell will participate at an event at the ECB Forum in Portugal.
Read More
July 1, 2024
Global stocks dipped as investors digest inflation data
U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months, drawing the Federal Reserve closer to start cutting interest rates later this year. Global stock indexes edged lower, reversing early gains, while Treasury yields rose and the […]
Read More
