cryptocurrencies Archives

Forex Today: CPI-inspired dollar selloff pauses ahead of mid-tier data

Forex Today: Markets turn cautious ahead of US PMI data

Here is what you need to know on Thursday, August 11: The US Dollar Index (DXY), which tracks the greenback’s performance against a basket of six major currencies, lost more than 1% on Wednesday after the data from the US showed that annual inflation declined to 8.5% in July from 9.1% in June. DXY stays… Read More »

Coinbase Global (COIN) Earnings Preview: Wall Street aims for 61% YoY revenue shortfall in Q2

Coinbase Global will unveil Q2 earnings after Tuesday’s market close. Wall Street expects adjusted EPS of $-1.23 on revenue of $868 million. COIN stock has rallied 78% in the past month. The question for Coinbase (COIN) as the market awaits the second quarter earnings release after Tuesday’s close is not whether earnings will be… Read More »