The US Dollar navigated without a clear direction in a context dominated by the resurgence of Russia-Ukraine geopolitical concerns and the subsequent search for safe havens.
Feed from Fxstreet.com
Kansas City Fed Pres. Jeffrey will be speaking at 1:10 PM ET on the economy and monetary policy outlook.
The USD is mixed in trading today with modest changes vs the major currency pairs. The USD index (DXY) is trading unchanged.
US stocks are trading mixed with the NASDAQ index leading the way with a gain of 0.58%. THe S&P index is up 0.18%, while the Dow industrial average is down -0.30%.
Adam was not impressed the last time Schmid formally spoke back on November 13.
The
This article was written by Greg Michalowski at www.forexlive.com.
Feed from Forexlive.com
The Kansas City Fed Pres. Schmid is back on the wires saying:
Once again, not much . Meanwhile, US stocks extend their gains with the NASDAQ index now up 1% on the day. The index is up 187 points or 1.0% and 18980.00.
By the way the high closing level 19298.76 reached on November 11 . The price is still over 300 points away, but getting closer.
Shares of Nvidia are trading up $5.28 or 3.75% at $145.40.
Nvidia shares reached the all time high closing level back on November 7 at $148.88.
Nvidia announces earnings tomorrow after the close with expectations of EPS of $0.75 on revenues of $33.13 billion. Compared to the same quarter a year ago, the EPS at that time was reported at $0.40 on revenues of $18.12 billion. That represents an increase of 87.5% for EPS with revenues up by 82.6%.
This article was written by Greg Michalowski at www.forexlive.com.
Feed from Forexlive.com
Get the latest Alibaba Group stock forecast for 2024. Read technical and fundamental analysis of BABA. View a live chart of Alibaba stock.
The post Alibaba Stock Price Analysis 2024: Insight into Ma and Tsai's Share Purchase appeared first at R Blog – RoboForex.
Feed from Blog.roboforex.com
The Mexican Peso advanced against the US Dollar during the North American session on Tuesday, yet it recovered some ground after the USD/MXN hit a daily high of 20.34 due to risk aversion.
Feed from Fxstreet.com
The AUDUSD moved lower earlier in the day and that move to the downside tested a swing area between 0.6471 and 0.6479. The low price for the day reached 0.6481 before bouncing back to the upside.
The move to the upside did extend back above a swing area going back to mid July between 0.6505 and 0.65129. That area is now closed support for traders looking for more upside in the AUDUSD.
The price is approaching a swing area between 0.65357 and 0.65537. The falling 100 bar moving average on the 4-hour chart is also moving toward the high of that swing area which would increase that area’s importance on further upside momentum.
This article was written by Greg Michalowski at www.forexlive.com.
Feed from Forexlive.com
The US Dollar (USD) drifted a little lower in quiet trade to start the week yesterday but scope for significant USD losses is limited currently, not least because the rise in US term rates remains hugely USD-supportive, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
Feed from Fxstreet.com
The Japanese Yen registered solid gains versus the US Dollar in early trading on Tuesday, exchanging hands at 153.83 at the time of writing.
Feed from Fxstreet.com
This article was written by Greg Michalowski at www.forexlive.com.
Feed from Forexlive.com
The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, trades with mild gains around 106.20 on Tuesday, lifted by a combination of factors.
Feed from Fxstreet.com
Microsoft recently released its latest quarterly results, which beat expectations. Read here to find out more about the results and how to trade Microsoft!
Feed from Admiralmarkets.com
WhiteBIT crypto exchange is celebrating six years of rapid growth, solidifying its position among the leaders in the European crypto market. From its beginnings as an ambitious startup in 2018, the company has evolved into a key market player with 5.5 million users thanks to innovative solutions, a rapidly expanding ecosystem, a strong focus on security, and continuous enhancements to the user experience.
6 Key Achievements
1. WhiteBIT Surpasses 5.5 million Users, Strengthening Its Leadership in Europe
Ahead of its sixth anniversary, WhiteBIT crypto exchange has reached a milestone of over 5.5 million registered users. In the past year alone, the platform added more than 1.5 million new accounts, doubling its 2022 numbers. The platform’s 24-hour trading volume approaches $11 billion, while futures trading reaches nearly $40 billion as of November 13. Additionally, its B2B services now cater to over 1,000 business clients. These impressive achievements are driven by the continuous enhancement of the user experience and significant investments in security.
2. WhitePool: $1.2 Million in a Single Day
In October 2024, WhitePool, the crypto exchange’s dedicated mining pool, set a new record. On October 8, it successfully mined 6 blocks, generating over $1.2 million in one day. With a hashrate surpassing 7 EH/s, this milestone highlights strong user engagement and support. Since its launch, WhitePool participants have collectively mined over 320 blocks, showcasing the platform’s efficiency and the computing power of its users. Despite being launched only in August, WhitePool has secured a spot in the top 15 global mining pool rankings.
3. WhiteBIT Coin (WBT) Has Nearly Doubled in Value Since the Beginning of October
WhiteBIT’s native coin has demonstrated its growth, with its rate nearly doubling to $22.42 as of November 13. This surge was propelled by the token’s ongoing integration into the platform’s ecosystem and additional rewards for users actively engaging on the exchange.
4. Strategic Partnerships on Local and Global Levels
WhiteBIT and FC Barcelona have launched an innovative educational program on blockchain technology and cryptocurrency titled “Game-Changing Tech: Mastering Blockchain” through the Barça Innovation Hub platform. The exchange also signed a memorandum of cooperation with the global Visa payment system to integrate crypto assets into fintech products.
5. PCI DSS Certification and Hacken Award for High Level of Security
This year, WhiteBIT received the highest level of Payment Card Industry Data Security Standard (PCI DSS) certification for payment data security and a prestigious award from Hacken for achievements in cybersecurity. The crypto exchange is constantly improving its security systems, guaranteeing high standards of security of users’ data and assets. In addition, according to the audit of the certification platform CER.live, WhiteBIT is among the five most secure crypto exchanges.
6. Since the beginning of the full-scale invasion, the company has donated over $11 million to support the Ukrainian army and civilians.
Thanks to Whitepay’s solution, major charitable organizations can now receive cryptocurrency donations. This enables transparent transactions and attracts international donors who prefer crypto transfers. To date, over 100 million USDT in crypto donations have been collected through Whitepay’s crypto-processing solution.
Celebrating Six Years
To celebrate its sixth anniversary, WhiteBIT has launched the new Bull Run Telegram app, where users can compete throughout November for a prize pool of up to ~30,000 USDT in various cryptocurrencies. Participants can test their intuition by predicting market movements and challenging other players in real-time. The game has already attracted over 640,000 users actively vying for the top prizes, with 15,400 USDT already awarded in various assets.
The founder and CEO of WhiteBIT, Volodymyr Nosov, shared: “Six years ago, we embarked on our journey with a clear goal — to make cryptocurrency accessible to everyone. Since then, we’ve continuously invested in innovation, expanded partnerships with leading brands, and implemented cutting-edge solutions to integrate cryptocurrency into the daily lives of millions. But despite our achievements, we are far from done. Looking ahead, our focus is on further developing the WhiteBIT ecosystem, expanding our product offerings, and creating even more opportunities for our users.”
About WhiteBit
WhiteBIT (https://whitebit.com) is one of the largest European centralized crypto exchanges founded in 2018. The exchange offers 600+ trading pairs, 300+ digital assets, and 9 state currencies. The company is an official partner of the Ukrainian national football team, FC Barcelona, FC Trabzonspor, FACEIT. The goal of WhiteBIT is the mass implementation of blockchain technology worldwide.
This article was written by FM Contributors at www.financemagnates.com.
Feed from Financemagnates.com