Bitcoin price breaks above $70k for the first time since July, driven by decreased OTC desk inflows. US spot ETFs see a surge in inflows, potentially linked to the upcoming US election and perceived pro-crypto stance of Donald Trump. Despite the pullback, bullish pressure remains, with the possibility of Bitcoin reaching new highs if inflows…
Investing.com — Raymond James downgraded Crocs (NASDAQ:) to Market Perform from Outperform in a note Wednesday, citing concerns over slowing growth and margin pressure. While the company beat third-quarter expectations, guidance for Q4 and 2025 has weakened, impacting investor confidence in potential EPS growth. “We think Crocs brand 4Q guide of +2% is conservative given International…
The mind-body connection in trading is often the secret ingredient behind long-term success. We focus heavily on chart analysis, economic data, and risk management, but we overlook something equally critical: our physical and mental health. The truth? Your well-being is a trading strategy in itself. Think about it. You can have the best trading strategies,…
Markets With central banks in full data dependence mode, every eco figure counts. It makes trading more volatile from one policy meeting to the next. A disappointing September PMI survey and confirmation of the disinflation trend convinced the ECB into conducting back-to-back rate cuts in October and convinced markets that a 50 bps December rate…
2024.10.30 2024.10.30 Top 10 Strongest Currencies in the World in 2024 Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ In times of global instability, currency markets face numerous factors influencing the value of national currencies. Variables like inflation, interest rates, and trade balance play a crucial role in shaping the exchange rate. The highest currency serves not only as a sign…
What, Again? Have you ever run into a friend more than once in a very short time? We have, and it was totally unanticipated and completely by accident. Scouts honor. But, it’s a good thing. But this time, the guy who came up with the idea isn’t putting his name on the indicator. I mean,…
Alphabet and Reddit exceed Q3 earnings expectations, driven by strong ad sales and cloud revenue. Microsoft’s Q1 FY2025 earnings will be a key indicator of broader AI demand, with Azure and AI services in the spotlight. Could Meta and Microsoft facilitate fresh highs on the Nasdaq 100? Nasdaq 100 remains range-bound ahead of Meta and…
At the end of Tuesday, the Dow Jones Index (US30) fell by 0.36%. The S&P 500 Index (US500) was up 0.16%. The NASDAQ Technology Index (US100) closed higher by 0.98%. The latest data from the JOLTs report showed that job openings are at their lowest level since January 2021, along with increased layoffs. In contrast,…
By RoboForex Analytical Department The Australian dollar remains under significant pressure, with AUD/USD extending its downtrend mid-week to reach 0.6539, the lowest since August. The decline, which began on 1 October, has been relentless, with the pair experiencing little to no respite from its downward trajectory. Recent data indicating that Australia’s annual inflation cooled to…
GBPUSD’s forecasted volatility jumps 24% over past week UK government set to issue most debt since 2020 US Treasury refunding announcement in focus Friday’s US NFP triggered GBPUSD moves of ↑ 0.5% & ↓ 0.6% over past year Bloomberg FX model: GBPUSD has 73% of trading within1.2836 – 1.3126 this week Here’s something GBPUSD traders…