Major Cryptos Head towards a Poor April, Cardano one of the Main Losers
ADA/USD runs its fourth straight losing week and heads toward a negative month, as other major cryptocurrencies are also downbeat
Senior Market Specialist
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. He has a long time presence at FXCM, as he joined the company in 2011. He has served from multiple positions, but specializes in financial market analysis and commentary.
With his educational background in international relations, he emphasizes not only on Technical Analysis but also in Fundamental Analysis and Geopolitics – which have been having increasing impact on financial markets. He has longtime experience in market analysis and as a host of educational trading courses via online and in-person sessions and conferences.
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ADA/USD runs its fourth straight losing week and heads toward a negative month, as other major cryptocurrencies are also downbeat
The retail and tech giant reported poor results on Thursday after market close and posted its first net loss in seven years, weighed by its stake in EV maker Rivian
The pair jumped to fresh twenty year highs today, after the Bank of Japan stayed dovish, running its eight straight profitable week
Gold covers earlier losses during the European session, in a backdrop of heightened Western-Russian tensions and persistent USD strength
Facebook parent company, Meta, released mostly mediocre Q1 results after market close on Wednesday, but there were some bright spots that lift the stock
The German index recovers form fresh monthly lows and shakes-off worries around the supply of gas to Europe
The pair comes under renewed pressure during the European hours and hits the lowest levels since April 2017, running its fifth straight losing day
The pair moves to the offensive, as today’s data showed a surge in the Consumer Price Index during the first quarter of the year
Elon Musk is a known proponent of Dogecoin, which moved higher on reports and the eventual announcement that Twitter has agreed to be acquired by Tesla’s CEO
The social media firm announced that it has agreed to be acquired by an entity wholly owned by Elon Musk and become privately held
Investors are in good mood today and BTC/USD extends its gains into the fifth straight day, trying to surpass key technical levels.
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