Bitcoiners and Wobblies: Labor Day Edition

اخیراً در مورد مبانی جنبش کارگری آمریکا مطالعه کرده ام. به طور خاص، تولد کارگران صنعتی جهان و گروهی به نام Wobblies، نام مستعاری که به اعضای IWW داده شده است. در اوج خود، IWW در سال 1917 بیش از 150000 عضو داشت، با عضویت جهانی و قدرت و نفوذ قابل توجه. در حالی که

Thanksgiving holiday to dull the market mood in the day ahead

And with Treasuries out especially, that’s not going to give too much for traders to work with in the sessions to come. US stocks ended the day higher yesterday but we could get more tepid trading on Friday as highlighted here yesterday. But keep in mind that the momentum right now is rather positive for

GBPUSD extends back up toward 200 day MA

The GBPUSD is trading below the 200H MA/38.2% retracement Like the EURUSD (see post here), the GBPUSD moved sharply higher on Tuesday helped by the weaker CPI data. That took the pair above its 200-day moving average currently at 1.2443, and 38.2% of the move down from the July high at 1.2458. The high price

Advances for the fifth day, secure 0.8700 as solid support

Share: EUR/GBP maintains its upward momentum, trading at 0.8731, as it solidifies the 0.8700 level as a crucial support. The pair shows a bullish bias, but a failure to surpass the 0.8755 high could invite bearish activity. Key levels to watch include resistance at 0.8800 and 0.8834, with support at the 200-DMA of

AUDUSD dips for 5th consecutive day, Testing key support levels

The AUDUSD is down for the 5th consecutive day. Recall on Friday last week, and then on Monday, the price of the AUDUSD was testing/moving above it’s key 100-day MA near 0.6515. The high price reached 0.65224, but ultimately stalled and started a run to the downside, leading to a move from 06522 to the

Israel will implement four-hour pauses in Gaza operations each day

Two humanitarian corridors will allow people to flee hostilities We need to see more trucks into Gaza soon US aims for no less than 150 humanitarian trucks per day US told there will be no military operations during the pauses We believe these pauses are a step in the right direction Israel today said it

Dollar rebound extends for third day before Fed’s Powell speech By Reuters

© Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Samuel Indyk LONDON (Reuters) -The dollar’s rebound extended for a third day on Wednesday after some Federal Reserve policymakers left the door open to further rate hikes, as traders looked to a speech from Chair

Major indices now lower on the day

As the day works toward the close, the major US stock indices have turned into negative territory: Dow Industrial Average is down 61 points or-0.18% at 34000.61 S&P index is down -9.36 points or -0.21% of 4349.01 NASDAQ index is down -22.71 points or -0.71% at 13455.90 All 3 major indices or trading between their

GBP/USD soaring into 1.24, set for its best trading day since March

Share: The GBP/USD is climbing into the 1.2400 handle to cap off a trading week that saw the pair mostly flounder around the averages. After US Nonfarm Payrolls (NFP) came in well below expectations the Pound Sterling (GBP) climbed 1.6% from Friday’s opening bids near 1.2190, and the GPB/USD is up almost 2.5%