December 27, 2022 - Prices Inn

1 Minute

Forex

GBP/USD Price Analysis: Stays defensive above monthly support near 1.2000

News December 27, 2022

GBP/USD struggles to keep the bounce off one-month-old ascending support line. Sustained downside break of 200-SMA, downbeat RSI conditions keep sellers hopeful. The 1.2080 resistance confluence restricts immediate recovery moves. GBP/USD stays defensive around...

3 Minutes

Forex

Reopening Rekindles Inflationary Spirits

News December 27, 2022

MARKETS Stocks are lower on Tuesday as US markets reopen after Christmas. At the same time, concerns over the well-entrenched 2022 wall of worry list, including Fed policy endgame, inflation, growth, and the prospect...

2 Minutes

Business

Tesla shares tumble as COVID-19 slams China

News December 27, 2022

Tesla shares continued to reel Tuesday amid investor concerns about a manufacturing slowdown at the electric car maker’s factory in China. The company’s stock fell 11.4% to close at $109.10, the lowest level since...

3 Minutes

Ethereum

Over 60% Of Ethereum Blocks Are OFAC Complaint, A Reason To Worry? | Bitcoinist.com

News December 27, 2022

When Ethereum finally moved from a Proof of Work (PoW) to a Proof of Stake (PoS) mechanism, it had been done to much fanfare in the community. Most celebrated the new promise of better...

3 Minutes

Business

IRS says it will delay requirement to report $600 in gig work on taxes

News December 27, 2022

The IRS said it is delaying a controversial requirement by one year that would have led to more online sellers and gig workers having income reported to the nation’s tax agency. The rule change would...

2 Minutes

Business

Minimum wage about to rise in 23 states and 41 cities

News December 27, 2022

Many of the nation’s lowest-paid workers are set to get a raise. The minimum wage is increasing on New Year’s Day in 41 cities — 28 of them in California — and 23 states....

2 Minutes

Bitcoin

Mark Cuban to Bill Maher: ‘If you have gold, you’re dumb as fuck… Just get bitcoin.’

News December 27, 2022

Arguments over whether gold or bitcoin is a better store of value continue to occur across the cryptocurrency space and in traditional investment circles. On the latest episode of Bill Maher’s podcast “Club Random...

4 Minutes

Business

Queen’s former chaplain warns ‘multicultural, multi-faith’ King Charles III threatens British monarchy

News December 27, 2022

The former chaplain to Queen Elizabeth II warned that the multi-faith multiculturalism of King Charles III threatens to destroy his own house and put an end to the British monarchy. “I think that if...

52 Minutes

Forex

Risk On or Risk Off in 2023: Looking to the Nasdaq – Dow Ratio

News December 27, 2022

Nasdaq 100, Dow Jones Industrial Average, Risk Trends Talking Points: The Market Perspective: Dow Bearish Below 32,000 Risk appetite is assessed in most of our trading to some extent, regardless of asset and whether...

2 Minutes

Bitcoin

Wife of Hal Finney announces Bitcoin charity event

News December 27, 2022

Fran Finney, the wife of crypto pioneer Hal Finney, has announced a charity event to benefit victims of amyotrophic lateral sclerosis (ALS). Discussing the event on Twitter, Finney encouraged Bitcoin (BTC) users to run...