New Zealand Dollar Talking Points NZD/USD approaches the monthly high (0.6601) despite signs of crowding behavior in the US Dollar, but the Relative Strength Index (RSI) undermines the resilience in the New Zealand Dollar as the indicator appears t...
After the bell on Monday, we received second quarter results from technology and service giant IBM (IBM). Expectations were not that high as you might expect, given both the coronavirus situation as well as the company’s recent negative reporting h...
A recent report by blockchain tracking and analytics provider, Whale Alert, revealed that the miner known as Patoshi mined over $10.9 billion or 1,125,150 BTC during Bitcoin’s infancy in order to protect the network from a 51% attack. Patoshi has b...
Widespread Dollar weakness helped Gold regain positive traction on Friday. A further decline in US bond yields continued to support this positive development. The bulls appeared to be relatively unaffected by the positive mood in global equity mark...
China controls much less Bitcoin (BTC) mining power than people think, according to a new survey. Released on July 16 by asset manager Fidelity and crypto research firm BitOoda, the survey reveals that China is actually responsible for around 50% o...
Reuters By Yasin Ebrahim Investing.com – The EUR appeared poised for a four-day winning streak on Thursday after the European Central Bank left its monetary policy unchanged, but the single currency could face a tough weekend as the EU prepares to...
Netflix Inc. logged another blockbuster quarter Thursday with the addition of 10.1 million new paid subscribers and a significant jump in revenue, and rewarded one of its most important executives with a promotion, but shares declined in after-hour...
For the industry’s bitcoin miners, 2020 is not the year they had hoped for. With the mining reward cut in half and the price still well below $10,000, an increase in the price of the centerpiece would be a welcome change. However, saying this could...
Reuters. The spread of coronavirus disease (COVID-19) in New York City By Medha Singh and Devik Jain (Reuters) – Wall Street won Wednesday with the S&P 500 reaching its highest level in more than four months, following strong quarterly earnings...
Reuters By Peter Nurse Investing.com – The EUR was in high demand in Europe’s early trading on Wednesday, hitting its highest level in four months after Federal Reserve Governor Lael Brainard hinted that an even easier monetary policy in the U.S. w...
