Gold Dollar Pair's Decline
The gold-dollar pair plummeted 2.4% in the last session. The MACD is giving a negative signal.
Euro Dollar Pair's Movement
The pair traded sideways in the last session. The ROC is giving a negative signal.
Pound Dollar Pair's Movement
The pound-dollar pair saw a minor dip of 0.2% in the last session. According to the stochastic indicator, we are in an oversold market.
Bitcoin Dollar Pair's Movement
The Bitcoin-dollar pair exploded 2.3% in the last session. The stochastic indicator is giving a positive signal.
World Financial News
Wall Street stocks ended higher following a market selloff in previous sessions as investors eyed a busy week for quarterly results from key companies that would provide a glimpse of the US economy's health. Demand for the newest Bitcoin investment products is slowing down as the world's first cryptocurrency went through its fourth halving event. Spot Bitcoin exchange-traded funds became a benchmark for institutional investments in Bitcoin after launching in January 2024. Tesla is expected to report its lowest gross profit margin in more than 6 years after a chaotic week that included major layoffs, vehicle price cuts, and urgent calls by investors for clarity on product strategy.
Major Economic Events
Today's major economic events include:
• US Redbook Index at 12:55 GMT
• US New Home Sales at 14:00 GMT
• US 2-Year Note Auction at 17:00 GMT
• Japan's Jibun Bank Manufacturing PMI at 00:30 GMT
• Japan's Jibun Bank Services PMI at 00:30 GMT
• UK's Public Sector Net Borrowing at 06:00 GMT
Publication date:
2024-04-23 11:17:10 (GMT)
Challenges