Nasdaq falls 0.8% to today The major US stock indices are ending the session in the red for the day. The declines today also helped push/keep the week lower. The final numbers are showing: S&P index -14.72 points or -0.49% at 2992.07. NASDAQ index -65.20 points or -0.80% at 8117.68 Dow industrial average -159.72 points or -0.59% at 26935.07 For
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Square Crypto, the division of the publicly traded payments company that focuses exclusively on bitcoin, just announced three new hires to work on open source projects. Among them is Facebook and BitGo alum Arik Sosman, most recently a member of the social media giant’s Calibra subsidiary. He told CoinDesk: “My personal areas of interest are
There’s some bad news for Iranians who are now suffering the wealth-withering effects of hyperinflation and mass unemployment. Just because Iran’s beleaguered economy is a mess doesn’t mean that the end is in sight for the theocratic regime that has ruled the country since 1979. History shows that regimes that send their countries into economic armageddon
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Closing back below the 100 day MA… The GBPUSD last Friday at 1.2496. That was just below the 38.2% of the move down from the March high at 1.25009 and below the 100 day MA. On Monday, the price opened near the close but moved lower. On Tueday the price moved higher and extended above
Forex news for North American trade on September 20, 2019: Markets: Gold up $17 to $1516 WTI crude flat at $58.09 US 10-year yields down 6.6 bps to 1.72% S&P 500 down 15 points to 2992 JPY leads, NZD lags The session turned on vague headlines about Chinese officials canceling a hastily-planned trip to visit
Approaches 1.1000 level. Low for the week at 1.09894. The EURUSD has now moved below the 1.10135-176 area and is pushing toward the 1.1000 level. Below that is the low for the week at 1.09894. That was reached on Tuesday. Close risk for shorts looking for more downside is now on a move back above the 50%
Comments from Rosengren Trade impacts so far have been limited Rate cuts may increase financial risks US monetary policy is not needed in US He also took some shots at WeWork (without naming the company), saying co-working firms face a bigger risk of default in a downturn and that could hurt commercial real estate. ForexLive
When hundreds of entrepreneurs, investors and technologists descended on Tel Aviv Blockchain Week (TLVBW), few could have expected a better backdrop for exploring the lofty ideals and greedy impulses that drive today’s cryptocurrency industry. Duality is something Israelis know well. More than 430 people attended the D&DD Summit on Sept. 10, several dozen came to
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S&P unchanged. Nasdaq up marginally. Dow down. The major US stock indices are closing the day with mixed results. Each however had earlier gains taken away into the close. Looking at the three major indices, one ended unchanged, one was up marginally and one was down. The final numbers are showing: S&P index, unchanged at 3006.79. The high reach 3021.99.. The low
There has been demand for USD reported, a spillover from the funding stresses being seen in the US. It had held the USD steady early but the dollar is easing back a little now. EUR/USD has ticked 20 or so points higher against the dollar and even AUD is coming back from its earlier lows.
100 hour and 100 day MAs in play along with a trend line The USDCAD has moved lower today after the earlier day run higher could not sustain momentum above the 200 day MA (at 1.3302). A topside trend line also helped to stall the rally today. The steps lower from the high today has now