The US dollar soared last week on strong CPI data, geopolitical concerns and a spike in bond yields. So what does this mean for DXY, EURUSD, GBPUSD, USDJPY and XAUUSD next week? Find out with today’s weekly forex forecast! US Dollar Index (DXY) Forecast The US dollar soared late last week, gaining a staggering 1.8% in three days. The move comes a week after the yield on the 10-year U.S. Treasury rose back to 4.335%, its highest level since last year. In my opinion, this is just the beginning of a stronger US dollar as bond yields rise above critical…
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Estonia, Europe–(Newsfile Corp. – April 13, 2024) – In the rapidly evolving landscape of blockchain technology, M20 Chain is leading the way to a groundbreaking era of Web 3.0 innovation. His M20 Chain, announced as Platinum Partner at the upcoming world’s premier crypto event, Token 2049 Dubai, is set to redefine digital transactions, community engagement, and decentralized finance.”M20 Chain’s participation as a Platinum Partner at Token 2049 Dubai underscores our unwavering commitment to shaping the future of Web 3.0.” said CEO Dennis Sheff.We showcase our latest innovations and demonstrate how our native cryptocurrency, mCoin, is poised to captivate participants with…
Institutions sold $105 million worth of ETH during the latest correction On-chain data suggests the decline could be a buying opportunity before a new rally begins Four whales, including prominent institutional investors, participate in the sale of some Ethereum [ETH] Holdings decreased as altcoin prices collapsed on the charts. In fact, ETH has fallen by more than 7% in just 24 hours. According to Lookonchain, trading company Cumberland transferred a total of 17,206 ETH to the exchange. At the time of the transaction, the coin was valued at $57.3 million. FTX also deposited $8.33 million worth of ETH to Binance.…
Illustration by Mitchell Preffer of Decrypt. With just one week left until Bitcoin’s long-awaited halving event, the prices of the top coins are falling, and the decline is even worse. The price per coin is currently below $67,000, falling to $65,981 late Friday, according to CoinGecko. Just like last weekend, it ended well below its March high of nearly $74,000, down nearly 2% in seven days. This week, the virtual coin was close to $72,000, but by yesterday it had lost 5% of its gains on the day. Ethereum has also struggled this week. The second largest coin has fallen…
Rhonda Kimbrough/Getty Images/iStockphotoWhen the time comes RetireMany people automatically think of heading to sunny states like Florida or Arizona.With their warm climate, golf courses, and retirement communities, these states seem like an obvious choice. But when it comes to retirement, retirement planning experts say other states may be even better.check out: 8 tips for flying business class on economy faresRead next: 6 unusual ways to make extra money (that actually work)In recent years, there has been a shift away from states that traditionally attract retirees, such as Florida and Arizona. Rising housing costs, taxes, and crowding are causing some retirees…
Career and retirement planning used to be simple. Climb the career ladder before you retire and enjoy the twilight decades of retirement. It was a binary opposition. This means that he worked until he could no longer work.Those days are gone, just like the pension system. Demographic trends and aspirations are reshaping the very concept of what is involved in retirement, when and how. This is not your parents’ retirement plan. Society’s infrastructure and attitudes will need to adapt quickly to this new world of work.Most Americans still want traditional full retirement, but it’s a smaller majority than expected.according to…
FacebooktwitterpinterestwhatsapplinkedinEmailPrint GBP/JPY failed to break through the resistance at 193.51 and fell sharply, but rebounded after breaking through the support at 190.02. The initial bias remains neutral this week. On the upside, a breakout of 193.51 will resume a larger uptrend to the long-term resistance at 195.86. Nevertheless, a decisive break at 190.02 indicates at least a correction of the rally from 178.32, targeting the 38.2% retracement from 178.32 to 193.51 at 187.70. Looking at the bigger picture, the current rally is part of an uptrend from 123.94 (2020 low) and on track towards long-term resistance at 195.86 (2015…
2FA protectionSOPA Image/LightRocket (via Getty Images) Desperate Gmail and YouTube users are turning to official and unofficial Google support forums after hackers took over their accounts, bypassed two-factor authentication security, and locked them out. Many times, attackers have been seen engaging in crypto fraud by distributing Ripple’s XRP to responders. Updates for 04/13 are as follows. This article was originally published on April 12th. More from ForbesMillions of Google, WhatsApp, Facebook 2FA security codes leaked onlineby davie winder Google users take to support forums as 2FA hackers target Gmail and YouTube accounts If you take a quick look at the…
A widely followed trader said he is bullish on Dogecoin (DOGE), a leading meme coin, despite the market-wide correction. A trader known by the pseudonym Sherpa has told his 214,200 followers on social media platform X that he intends to accumulate Dogecoin. “Doge: In my opinion, the best bet is to buy down to $0.15 and leave this cycle alone. I am still very bullish on DOGE doing something stupid later this year. ” sauce: Altcoin Sherpa/X Dogecoin is trading at $0.167 at the time of writing, close to the accumulation level of altcoin Sherpa. Next, analysts say Bitcoin (BTC)…
The screenwriter mentions the “second act problem.” After the first act establishes the characters and the stakes of the story, things can get a bit muddled and confusing as the central conflict escalates before coming to a final resolution. Although the first quarter unfolded in an orderly manner and there were no complications in the rally, the market entered this chaotic mid-stage. The first act of 2024 will feature strong economic growth, a strong and rebalancing labor market, subdued inflation, rising earnings growth, repeated record high stock prices, and the Federal Reserve cutting interest rates. The consensus was to accept…
