PayPal is down about 6% for the day. PayPal paid $238 million for the Canadian-based TIO Networks in July. Today, the subsidiary admitted that hackers potentially stole personal information, and possibly financial data, for as many as 1.6 million of its customers. Think of today’s drop as a minor correction…
Day: December 4, 2017
Will There Be Yet Another Record Close for Bitcoin?
Bitcoin moved slightly higher today although it has not yet broken the all time high set yesterday. Yesterday, Bitcoin reached the all time high at $11,891, but closed at $11,290. Even at $11,290, it was still a record close. Today, it’s been fairly quiet. It inched up a little bit. …
The Euro Is Trending Quietly Lower
The euro is trading within a 60-pip range. The EUR/USD gapped lower on Monday when the Asian markets opened. After the initial rebound but it was unable to close the gap, it has been trading gradually lower since. However, there hasn’t been very much movement. As expected, the U.S. tax…