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EUR/USD extends gains to fresh April highs
The EUR/USD pair is approaching the 1.2000 as risk appetite took over financial markets. Powell repeats a well-known statement pushing Wall Street to record highs.
GBP/USD holds on to daily highs near 1.3800
The broad dollar’s weakness helps GBP/USD recover some ground, although the pound is among the worst performers. Britain's successful vaccination campaign supports sterling.
DOGE soars 80% on the day to become 10th largest crypto by market cap
Dogecoin (DOGE), the notorious meme-like cryptocurrency that continues to invite both affectionate hype and thinly-concealed derision, has posted some of the highest gains in the cryptocurrency market this week.
XAU/USD remains confined in a range above 100-hour SMA
Gold struggled for a firm direction and remained confined in a range on Wednesday. The subdued price action constitutes the formation of a rectangle on the 1-hour chart. A mixed technical set-up warrants some caution before placing fresh directional bets.
Coinbase (COIN) to be worth more than Nasdaq, NYSE and EuroNext combined! $360 indicated
The latest indicated price for COINBASE (COIN) is $360. Full trading is due to commence shortly. That valuation gets close to a market capitalization of $100 billion.