EUR/USD rises near 1.0750 as Le Pen’s National Rally leads the first round. The pair continues its winning streak as the latest inflation data increase the chances of Fed rate cuts this year. Core inflation in the US rose to 2.6% in May, down from 2.8% in April. Meanwhile, the euro received support as Marine […]
Stablecoins: The Bridge Between Traditional Money and Cryptocurrencies?
It has been 15 years since the creation of cryptocurrencies in 2009, and by 2024, cryptocurrencies are well established in the financial markets and familiar to millions of people worldwide. As with any innovation, the cryptocurrency industry is rapidly expanding and evolving. Gone are the days when Bitcoin was the only offering available in the […]
When is the Best Time to Trade? Understanding Trading Sessions Around the World
The global expansion of markets has enabled people to trade various asset classes, including stocks and cryptocurrencies. For example, the forex market is open 24 hours a day, although trading volumes and opportunities can vary significantly across different global trading sessions. Understanding these sessions is crucial for determining the best times and assets to trade. […]
Ethereum Foundation warns of phishing campaign following mailing list leak
The Ethereum Foundation, the entity in charge of providing technological and community support to the Ethereum network, reported that the mailing list held by the entity has been leaked, so they are alerting the community about possible phishing campaigns in progress. Ethereum Foundation mailing list leaked The information was confirmed by Tim Beiko, developer and […]
U.S. stocks rise, thanks to Nvidia earnings
U.S. stock indices were mostly higher on Wednesday, following a rally in the technology industry led by market favorite Nvidia. Wall Street experienced fluctuations on Tuesday, with the S&P 500 up 0.4% and the NASDAQ Composite up 1.3%, ending three days of declines, boosted by a rebound in Nvidia shares. In contrast, the 30-stock Dow […]
Limit Your Trading Risks: The Power of Stop Loss Orders
To limit your losses when trading, you need to learn what a stop loss is. This type of order can become your best ally to manage the risk of the operation and at the same time analyze the markets with greater peace of mind. Having tools to control the amount of money you can lose […]
Dollar rises on Fed’s remarks; key inflation data coming up
The U.S. dollar rose on Wednesday, supported by the Federal Reserve’s comments, while falling consumer confidence weighed on the euro. Fed comments support the dollar The dollar received support during Tuesday’s session after Fed Governor Michelle Bowman said the Federal Reserve is likely to hold interest rates steady for some time in an attempt to contain high inflation, […]
Daily technical analysis EUR/USD: On hold until the inflation reading is known
The EUR/USD has been moving higher, with most of the day’s trading around 1.0744 after two straight sessions of declines, as investors analyzed new economic data and monetary policy estimates ahead of the first round of the French legislative elections on June 30. Regarding the economic calendar, the most recent business survey from Germany’s Ifo […]
U.S. stocks rise; tech sector rebounds after heavy losses
U.S. stock index futures and equities were mostly higher on Tuesday, showing signs of recovery after the general sell-off in technology stocks earlier in the week. Wall Street shows signs of recovery after Nvidia losses The technology sector is showing signs of recovery Tuesday after taking a big hit last session, when the NASDAQ Composite […]
Dollar rises: inflation and political debate on the horizon
The U.S. dollar rose on Tuesday, benefiting from weakness on Wall Street, although gains are limited ahead of the release of key inflation-related data later in the session. The dollar, a safe haven for investors Diminished confidence in the technology sector on Wall Street has helped the U.S. currency to rise on Tuesday, although gains […]