Breaking: Paid Network potentially hacked, price drops by 76% instantly Someone minted around $100 million worth of PAID tokens and sold most of it. PAID price dropped by 75% instantly but it’s not clear if it was a hacker or the team. The attacker could have potentially accessed the private keys of the team. PaidNetwork...
Category: FX Street
Gold Weekly Forecast: XAU/USD remains vulnerable unless it manages to reclaim $1,760
Gold Weekly Forecast: XAU/USD remains vulnerable unless it manages to reclaim $1,760 XAU/USD closed the third straight week in the red. Near-term technical outlook remains bearish with a possible technical correction first. Strong support for gold is located at $1,680. The XAU/USD pair staged a technical rebound at the start of the week and advanced...
USD/JPY steadies above 108.00, set for best week since May 2020
USD/JPY steadies above 108.00, set for best week since May 2020 USD/JPY is off highs but remains comfortably above the 108.00 level. The pair is set for its best week since May 2020, having largely traded as a function of US government bond yields. USD/JPY has backed off from earlier session highs of above the...
United States Baker Hughes US Oil Rig Count: 403 vs 309
United States Baker Hughes US Oil Rig Count: 403 vs 309 Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Trading foreign exchange on margin carries a high level of risk and may not be...
John McAfee indicted by Manhattan Federal Court while imprisoned in Spain
John McAfee indicted by Manhattan Federal Court while imprisoned in Spain John McAfee was arrested in Spain facing up to 30 years in jail if he can be extradited. On March 5, the Department of Justice released an announcement about the indictment of John McAfee. The Anti-virus company founder is accused of Money Laundering Conspiracy...
WTI at multi-year highs above $66.00 in afterglow of bullish OPEC+ meeting
WTI at multi-year highs above $66.00 in afterglow of bullish OPEC+ meeting WTI has topped $66.00 for the first time since April 2019. The commodity continues to benefit in the afterglow of Thursday’s bullish OPEC+ outcome. But the demand outlook also continues to strengthen, adding further upward pressure to prices. Front-month futures contracts for the...
Fed's Bullard: Still need a lot of repair in the labor market
Fed's Bullard: Still need a lot of repair in the labor market “The 10-year US Treasury bond yield is just returning to the level consistent with the 6 months before the pandemic, it’s still quite a low level of yields,” St. Louis Fed President James Bullard said on Friday, as reported by Reuters. Additional takeaways “Something...
Fed's Kashkari: Not concerned about Fed's ability to deal with high inflation
Fed's Kashkari: Not concerned about Fed's ability to deal with high inflation “I hope we can make a lot of progress this year on jobs, it will depend on vaccines and the coronavirus,” Minneapolis Federal Reserve President Neel Kashkari said on Friday, as reported by Reuters. Additional takeaways “Would be great to get back to full...
NZD/USD struggles to stage a convincing rebound, looks to close around 0.7150
NZD/USD struggles to stage a convincing rebound, looks to close around 0.7150 NZD/USD remains on track to close third straight day lower. US Dollar Index clings to gains around 92.00. Nonfarm Payrolls in the US increased by 379,000 in February. Following Thursday’s sharp decline, the NZD/USD pair extended its slide on Friday and touched its...
Bitcoin Weekly Forecast: BTC bull rally remains strong in the long-term according to technicals
Bitcoin Weekly Forecast: BTC bull rally remains strong in the long-term according to technicals Bitcoin price has been extremely volatile in the past week. MicroStrategy has continued to accumulate even more BTC despite the fall in prices. Bitcoin’s rally remains strong as the digital asset continues to defend critical support level Bitcoin price has rebounded...
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