L.A. fire victims face an impossible math problem: Sell their burned-down…
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Bitcoin or Ethereum? | Forexlive
The Crypto Battle Between Bitcoin and Ethereum For crypto investors, the debate between Bitcoin (BTC) and Ethereum (ETH) remains one of the most important decisions in portfolio allocation. Over the past two years, Bitcoin has significantly outperformed Ethereum, as seen in the BTC/ETH ratio, which has surged by over 221% in 763 days. However, with
German election preview: History will be made on Sunday, what to watch for
On Sunday, German voters go to the polls in a high-contested election. The first exit polls will land Sunday at 6 pm CET (noon in New York) and the first results will be from 30 minutes later with continued updates from there. The conservative CDU/CSU is leading the polls with 31%, followed by the far-right
Gold rally takes a breather, still heading for eight straight weekly advance
Gold touches all-time high of $2,954 amid trade policy uncertainty. Trump expands tariffs to lumber and soft commodities, adding market jitters. US data mixed: Manufacturing PMI improves, but Services PMI contracts. Gold price slides late on Friday, poised to end the week positively, accumulating eight straight weeks of gains that pushed the yellow metal to
Markets Weekly Outlook – US PCE, Japanese Inflation & Tariffs in Focus
US equity markets experienced a slight downturn due to concerns about inflation impacting consumer spending, highlighted by Walmart’s cautious outlook. The upcoming US PCE data is crucial as the Fed’s preferred inflation measure. Japanese inflation data will also be key this week as markets eye the Bank of Japans next move. German elections take place
UnitedHealth Group stock crashes as DOJ opens fraud probe
UnitedHealth Group stock slides hard as DOJ opens investigation. Government probe involves possible fraudulent overcharging of Medicare Advantage plans. UNH stock slides as low as 438.50, a 10-month low. Health insurer calls allegations “false” and “outrageous”. UnitedHealth Group (UNH) stock crashed on Friday morning in light of a new United States (US) Department of Justice (DOJ)
Euro Briefly Dips on Soft PMI, CAD Shrugs Off Robust Retail Sales
Trading is rather subdued in the forex markets today, with most major pairs and crosses stuck within yesterday’s range. Loonie failed to react to significantly stronger-than-expected retail sales data. Euro dipped earlier following weak PMI reports, but selling pressure quickly fizzled out. Yen saw some volatility during the Asian session, initially weakening alongside Japanese bond
XAU/USD: Elliott wave analysis and forecast for 21.02.25 – 28.02.25
2025.02.21 2025.02.21 XAU/USD: Elliott Wave Analysis and Forecast for 21.02.25 – 28.02.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 2725.20 with a target of 3100.00 – 3300.00. A buy signal: the level of 2725.20 is broken to the upside. Stop Loss:
EUR/USD: Elliott wave analysis and forecast for 21.02.25 – 28.02.25
2025.02.21 2025.02.21 EUR/USD: Elliott Wave Analysis and Forecast for 21.02.25 – 28.02.25 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above 1.0280 with a target of 1.0635 – 1.0940. A buy signal: the level of 1.0280 is broken to the upside. Stop Loss: below 1.0250, Take
USD/CAD Outlook: Dollar Slips as Trade War Fears Recede
The USD/CAD outlook shows easing fears of a trade war between the US and China. Trump said he would soon meet China’s president. Market participants are expecting retail sales data from Canada. The USD/CAD outlook shows easing fears of a trade war between the US and China which has boosted risk sentiment, weighing on the
GBPUSD tests 100 day MA/swing area. Key level for buyers and sellers.
The GBPUSD is trading to a new high and in the process is testing a key swing area up to 1.2670 and the 100-day MA at 1.2666. The high price just reached 1.2670. This is a key technical level for both buyers and sellers. Move above and stay above and traders will start to look
United States EIA Natural Gas Storage Change below forecasts (-188B) in February 14: Actual (-196B)
United States EIA Natural Gas Storage Change below forecasts (-188B) in February 14: Actual (-196B) Source link
USD/JPY Outlook: Investors Flock to Yen Amid Tariff, Geopolitics
The USD/JPY outlook suggests a scramble for safety in the yen. The US president announced a likely 25% tariff on automobiles. The FOMC meeting minutes revealed inflation worries due to Trump’s trade policies. The USD/JPY outlook suggests a scramble for safety in the yen as market participants worry about Trump’s tariffs. At the same time,
Trump’s tariff threats stress London gold market
The London gold market is facing a mounting structural crisis. Bullion banks that lend precious metals to producers and each other moved over 200 tonnes of gold to New York in January in response to US President Donald Trump’s tariff threats, leaving the London market desperately short of physical supplies. Dealers in London routinely borrow