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U.S. home mortgage applications dropped last week while applications for refinancing also declined, reported the Mortgage Bankers Association. The MBA’s index of mortgage application activity, which tracks both home purchase demand and refinancing, plunged 7.3 percent for the week through Nov. 28. The seasonally-adjusted gauge ...
Amazon stocks might be in for more gains, as price just recently broke through a key resistance zone. Price just closed a few days above the 200 simple moving average, which had been acting as a dynamic resistance level for Amazon stocks. MACD is still heading higher, indicating that there’s buying momentum present and may be enough to sustain ...
The Dubai Gold and Commodities Exchange saw its trading volumes for October surge 28 percent from the previous year, and expanded its Emerging Markets portfolio through inclusion of four new products. Volumes in October were also the second highest this year, reaching 1,044,396 contracts. The DGCX’s currency category rose 31 percent ...
In times when Bitcoin is taking two-steps forward to reach mass adoption, a recent report from the Pennsylvania Department of Banking and Securities (PDBS) can single-handedly push the cryptocurrency four-steps back. The anonymous report, compiled by the North American Securities Administrators, listed a number of investing mediums that they consider as the most threatening to ...
Bitcoin Charts Analysis: Price to Hang between 350 and 365 After rallying from 320 to 453 at the start of this month, the Bitcoin price retreated last week to the month’s low at 351, after breaking through a number of key supporting levels. However there were some near-term bullish corrections during the 11/21 and 11/22 trading sessions, where price surged from 350 to 365 ...
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