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A Reuters poll shows that two-thirds of Japanese companies are concerned about Prime Minister Sanae Takaichis fiscal discipline.Dominic LeBlanc, Canadas Minister for Canada-US Trade: (When asked if Canada had discussed any contingency plans with Mexico should the US seek a bilateral agreement) No.Dominic LeBlanc, the Canadian Minister in charge of trade with the United States and Canada: I am reassured that the Mexican Minister of Economy has expressed his willingness to work with Canada and ensure that the review of the USMCA results in a trilateral trade arrangement.Conflict Status: 1. Ukraine reportedly recaptured 201 square kilometers of land in five days. 2. Russian troops have taken control of Krinichny in eastern Ukraine. 3. Russian Foreign Ministry: Dutch mercenaries flying Ukrainian aircraft will be legal targets. Peace Negotiations: 1. Russian media: No documents were signed at the Geneva talks. 2. Head of the Russian delegation: The negotiations lasted about two hours, difficult but pragmatic. A new round of talks on the Ukraine issue will be held soon. 3. White House Press Secretary: The latest round of trilateral contacts "made meaningful progress," and all parties agreed to continue negotiations. 4. Zelensky: Differences remain in current positions; European participation in peace negotiations is crucial. 5. Zelensky: The talks at the military level were substantive; political issues need further study. He hopes the next round of negotiations will be held in February. 6. Zelensky: Ukraine and Russia are "close" to forming a document on how to monitor the ceasefire; the United States will play a leading role in monitoring the ceasefire. 7. Russian Foreign Minister: Russia and the United States have agreed to establish a bilateral economic working group to discuss trade and economic issues separately. 8. Zelensky: The next round of talks with Russia will be held in Switzerland. Other developments: 1. Zelensky: Sanctions have been imposed on Belarusian President Lukashenko. 2. Hungary and Slovakia have announced a suspension of diesel exports to Ukraine. 3. The EU has adopted a comprehensive strategy to support member states bordering Russia and Ukraine. 4. Russian oil drilling activity is projected to fall to its lowest level in three years by 2025. 5. Data shows that India imported 1.1 million barrels per day of Russian oil in January, the lowest level since November 2022. February 19th - According to CBS News, citing sources familiar with the matter, senior U.S. national security officials have informed Trump that the military could launch a strike against Iran as early as Saturday, but the timeline for any action could be extended beyond the end of the week. Trump has not yet made a final decision on whether to launch a strike. Several officials stated that the Pentagon will temporarily evacuate some personnel from the Middle East over the next three days, primarily to Europe or back to the United States, in preparation for potential U.S. actions or a potential Iranian retaliation following a U.S. strike. One source stated that moving assets and personnel in the lead-up to potential military action is routine Pentagon practice and does not necessarily indicate that a strike against Iran is imminent.

DOGE Eyes a Return to $0.0850 to Aim for $0.090 as FTX Contagion Declines

Daniel Rogers

Nov 23, 2022 15:37

截屏2022-11-23 下午2.24.11.png 

 

On Tuesday, both Dogecoin (DOGE) and shiba inu coin (SHIB) snapped two-day losing streaks. FTX contagion risk diminished as word of FTX cash holdings and investor interest in FTX assets spread. However, technical indications remain gloomy, with exponential moving averages (EMAs) predicting additional declines.

 

On Tuesday, dogecoin (DOGE) gained 5.23 percent. Reversing Monday's loss of 2.99%, DOGE ended the day at $0.0785. Notably, DOGE closed the day below $0.0800 for the third session in a row.

 

The mid-morning low for DOGE was $0.0729. Avoiding the First Major Support Level (S1) at $0.0715, DOGE climbed to a high of $0.0796 in the early afternoon. At $0.0774, DOGE surpassed the First Major Resistance Level (R1) before retreating. However, a late surge caused DOGE to surpass R1 and close the day at $0.0785.

 

You should only trade with capital that you can afford to lose while trading derivatives. The trading of derivatives may not be suitable for all investors; thus, you should ensure that you fully comprehend the risks involved and, if necessary, seek independent counsel. Before entering into a transaction with us, a Product Disclosure Statement (PDS) can be received through this website or upon request from our offices and should be reviewed. Raw Spread accounts offer spreads as low as 0 pips and a commission rate of $3.50 per 100,000 USD traded. Spreads on standard accounts begin at 1 pip with no additional commission fees. CFD index spreads begin at 0.4 points. This information is not intended for inhabitants of any country or jurisdiction where distribution or use would violate local law or regulation.

 

On Tuesday, the price of Shiba inu coin (SHIB) increased by 4.76 percent. SHIB closed the day at $0.000000881, reversing Monday's decline of 4.21%.

 

In line with the larger market, SHIB reached a low of $0.00000817 during midmorning. Finding support at the First Major Support Level (S1) at $0.00000816, SHIB surged to a high of $0.00000883 by early afternoon. At $0.00000873, SHIB surpassed the First Major Resistance Level (R1) and closed the day at $0.00000881.

 

FTX contagion risk diminished on Tuesday, providing assistance to DOGE, SHIB, and the broader market. Updates on FTX's assets revealed a substantial cash position, which would mitigate the impact of the company's bankruptcy on its creditors.

 

Reports that Justin Sun of Tron and Brad Garlinghouse of Ripple are interested in FTX assets generated additional support.

 

Nonetheless, Twitter news remained unfavorable for DOGE. There was no new information on Twitter's resumption of the crypto integration project that would promote DOGE adoption.

 

However, investor sentiment increased significantly this morning. Risk of FTX contagion remains the primary motivator. Until the court reveals who FTX's creditors are, downside risks will persist. On Tuesday, the bankruptcy judge ruling over FTX decided to redact the identities of FTX's creditors.

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