Bitcoin Rallies on Trump Support, How do BTC and ETH Shape up?
Crypto enthusiasts received a massive vote of confidence in the fight to further legitimise the digital currency as Donald Trump vows to create a bitcoin stockpile
Read More »USD/JPY remains on the defensive below 154.00, Fed/BoJ rate decision in the spotlight
The USD/JPY pair trades on a weaker note near 153.90 during the early Asian session on Tuesday.
Read More »British Pound (GBP) Latest – Will the Bank of England Cut Rates This Week?
Financial markets are predicting a 60%+ chance that the BoE will cut interest rates at this Thursday’s meeting. How will Sterling react in the run up to the meeting?
Read More »European equity close: Good start but a rough finish
Closing changes: Stoxx 600 -0.2% German DAX -0.5% UK FTSE 100 +0.1% French CAC -0.9% Italy MIB -0.5% Spain IBEX -0.4% European stocks opened at the best levels of the…
Read More »Pound Sterling rebounds with BoE policy meeting in focus
The Pound Sterling (GBP) posts a fresh two-week low near 1.2810 against the US Dollar (USD) in Monday’s North American trading hours.
Read More »USD/MXN rises to near 18.50; upside could be limited due to lower US yields
USD/MXN continues to gain ground for the fifth successive session, trading around 18.50 during the European hours on Monday.
Read More »Gold rises amid soft US Dollar as traders eye next week Fed meeting
Gold price makes a U-turn after diving to two-week lows of $2,353 edges higher some 0.80% as market participants seem secure the Federal Reserve will lower interest rates at the…
Read More »Weekly Market Outlook (29-02 August)
UPCOMING EVENTS: Monday: US Treasury Refunding Financing Estimates. Tuesday: Japan Unemployment Rate, Eurozone Flash Q2 GDP, US Job Openings, US Consumer Confidence. Wednesday: Japan Industrial Production and Retail Sales, Australia…
Read More »Japanese Yen’s Comeback: Analyzing the Recent Market Shift
USD/JPY bearish trend accelerates. Examine key support levels, BoJ meeting probabilities, and the yen’s resurgence in the forex market.
Read More »ECB’s Schnabel: Services inflation is proving stickier than expected
Executive Board member of the European Central Bank (ECB) Isabel Schnabel hit the wires late on Friday noting that a single cut from the ECB doesn’t necessarily guarantee follow-up cuts,…
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