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Solana And Ethereum Rallying, Furrever Token Marks Presale Success With $10,000 Competition
Article By:
Crypto Adventure
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Monday, May 6, 2024 1:28 AM EDT
In the wake of a challenging week for the cryptocurrency market, several prominent coins, including Ethereum (ETH) and Solana (SOL), are signalling a potential recovery, showing resilience with two consecutive days of surges.
Euro Stalls At Key Trendline Resistance Against US Dollar
Article By:
ForexCycle
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Sunday, May 5, 2024 11:51 PM EDT
The EURUSD currency pair has staged an impressive rally from the 1.0600 low, breaking above the 1.0752 resistance level and extending its upside move to test the falling trendline resistance visible on the 4-hour chart.
EUR/USD Holds Positive Ground Above 1.0750 Ahead Of Eurozone PMI, PPI Data
Article By:
Lallalit Srijandorn
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Sunday, May 5, 2024 11:20 PM EDT
EUR/USD extends the rally to 1.0765 amid the weaker USD on Monday. The US job growth slowed more than expected in April, boosting the odds of a September rate cut from Fed.
Asia Open : Investor View The NFP Through An Optimistic Lens
Article By:
Stephen Innes
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Sunday, May 5, 2024 10:17 PM EDT
Although a notable decrease in headline Nonfarm Payrolls (NFP) figures can sometimes foreshadow economic difficulties, the recent decline wasn't catastrophic by any stretch.
Asia Morning Bites - Sunday, May 5
Article By:
ING Economics
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Sunday, May 5, 2024 8:56 PM EDT
China’s Caixin PMI services and composite reports are set for release today. Indonesia reports growth data for the first quarter.
Stocks Hit Major Resistance As Rates And The Dollar Find Key Support - The Week Of May 6
Article By:
Michael J. Kramer
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Sunday, May 5, 2024 8:20 PM EDT
It was a volatile week of trading heavily influenced by hedging flows, as noted by sharp rises and declines in implied volatility measures such as the VIX. This makes grasping the underlying message in the market hard.
WMA: Bitcoin Back Above $64,000, CZ Gets 4 Months In Prison
Article By:
Crypto Adventure
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Sunday, May 5, 2024 7:48 PM EDT
The crypto market ends the week at a total market capitalization of $2,37 trillion. Bitcoin is up by about 1.5% to trade at around $64,500. XRP is up by 2%, Solana by 4%, and Dogecoin by 8%. Ethereum decreased by almost 5% to trade at around $3,100.
Solana Surges Through Pivotal Range; Can It Reach $160 Following A 10% Jump?
Article By:
Crypto Adventure
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Sunday, May 5, 2024 2:00 PM EDT
Ever since Solana price managed to rise above $100, the bulls have maintained a huge dominance over the rally. The price failed to sustain itself above $200, which formed a double top, resulting in a drastic plunge in the local support below $130.
In this article: SOL-X
Who Is Really Training Your AI? The Role Of SMEs In AI Data Annotation
Article By:
Shelly Palmer
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Sunday, May 5, 2024 1:00 PM EDT
At the moment, the process of building best-in-class models requires a heavy human hand. This rarely-discussed fact is probably worthy of deeper exploration.
Stagflation Embrace
Article By:
Monica Kingsley
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Sunday, May 5, 2024 11:20 AM EDT
The S&P 500 didn't look back following the underwhelming NFPs and the stark tech leadership coupled with meaningful enough retreat in yields provide for an inflection point in equities. Junk corporate bonds and Treasuries support more gains.
Gold Emerges Strong Buy Despite Short Term Challenges
Article By:
Muhammad Umair, PhD
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Sunday, May 5, 2024 9:10 AM EDT
While the market is bullish, gold will not ascend without facing corrections. These short-term and medium-term price adjustments should be considered investment opportunities for long-term investors.
In this article: GLD
Weekly Commentary: Instability
Article By:
Doug Noland
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Sunday, May 5, 2024 5:08 AM EDT
Powell is a dove which should not have surprised us. There was justification for market expectations of a more hawkish FOMC and Chair. Inflation has been sticky, and the current trajectory unclear.