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Month: May 2023

Cryptocurrencies

British Pound Drifts Lower, Markets Eye Bailey Testimony

BoE Governor Bailey to testify before Treasury Committee on Thursday Fed says remains open to rate hikes JP Morgan expects Fed to cut rates Will monetary hearings shake up British pound? The Bank of England Read more…

By , 2 years ago May 17, 2023
Cryptocurrencies

British Pound Drifts Lower, Markets Eye Bailey Testimony

BoE Governor Bailey to testify before Treasury Committee on Thursday Fed says remains open to rate hikes JP Morgan expects Fed to cut rates Will monetary hearings shake up British pound? The Bank of England Read more…

By , 2 years ago May 17, 2023
Cryptocurrencies

British Pound Drifts Lower, Markets Eye Bailey Testimony

BoE Governor Bailey to testify before Treasury Committee on Thursday Fed says remains open to rate hikes JP Morgan expects Fed to cut rates Will monetary hearings shake up British pound? The Bank of England Read more…

By , 2 years ago May 17, 2023
Cryptocurrencies

British Pound Drifts Lower, Markets Eye Bailey Testimony

BoE Governor Bailey to testify before Treasury Committee on Thursday Fed says remains open to rate hikes JP Morgan expects Fed to cut rates Will monetary hearings shake up British pound? The Bank of England Read more…

By , 2 years ago May 17, 2023
Cryptocurrencies

British Pound Drifts Lower, Markets Eye Bailey Testimony

BoE Governor Bailey to testify before Treasury Committee on Thursday Fed says remains open to rate hikes JP Morgan expects Fed to cut rates Will monetary hearings shake up British pound? The Bank of England Read more…

By , 2 years ago May 17, 2023
Cryptocurrencies

What Lies Ahead for the Crypto Market?

Here’s the latest scoop: Paul Tudor Jones, the billionaire hedge fund manager, seems concerned about Bitcoin’s appeal. He believes the growing unfriendly regulatory landscape in the United States makes Bitcoin less attractive. Additionally, the prospect Read more…

By , 2 years ago May 17, 2023
Cryptocurrencies

Sunset Market Commentary

Markets A summer lull is the well-known phenomenon of a short period of calm in which little happens. Afterwards, business picks up again. Lesser known is the spring lull. In case you wondered, we’re in Read more…

By , 2 years ago May 17, 2023
Cryptocurrencies

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.0844; (P) 1.0874; (R1) 1.0894; More… EUR/USD’s fall from 1.1094 short term top resumed after brief consolidations. Intraday bias is back on the downside. Current fall is seen as correcting whole up Read more…

By , 2 years ago May 17, 2023
Cryptocurrencies

What about the Dollar? Debt Default Hangs in the Balance as the US Tries to Garner Confidence

The US government is currently actively engaged in attempting to talk its way out of a potential default on its national debt as the ceiling which is imposed by US law is being reached to Read more…

By , 2 years ago May 17, 2023
Cryptocurrencies

Eurozone CPI finalized at 7% yoy in Apr, CPI core at 5.6% yoy

Eurozone CPI was finalized at 7.0% yoy in April, up from March’s 6.9% yoy. The highest contribution to came from food, alcohol & tobacco (+2.75%), followed by services (+2.21%), non-energy industrial goods (+1.62%) and energy Read more…

By , 2 years ago May 17, 2023

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