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Month: May 2023

Cryptocurrencies

Dollar Turns to US Employment Report for More Fuel

The US dollar has been firing on all cylinders lately, capitalizing on bets that the Fed will raise rates one final time this summer. Yet, Fed officials seem split on whether more tightening is needed. Read more…

By , 2 years ago May 30, 2023
Cryptocurrencies

Dollar Turns to US Employment Report for More Fuel

The US dollar has been firing on all cylinders lately, capitalizing on bets that the Fed will raise rates one final time this summer. Yet, Fed officials seem split on whether more tightening is needed. Read more…

By , 2 years ago May 30, 2023
Cryptocurrencies

Dollar Turns to US Employment Report for More Fuel

The US dollar has been firing on all cylinders lately, capitalizing on bets that the Fed will raise rates one final time this summer. Yet, Fed officials seem split on whether more tightening is needed. Read more…

By , 2 years ago May 30, 2023
Cryptocurrencies

Euro Touches 9 Week Low, German CPI Next

Spain’s CPI eases in May German CPI to be released on Wednesday Debt ceiling likely to be approved in Congress EUR/USD has edged higher on Wednesday. In the European session, EUR/USD is trading at 1.0737, up Read more…

By , 2 years ago May 30, 2023
Cryptocurrencies

WTI Oil: Oil Price Tumbles on Fading Risk Sentiment

Oil fell sharply on Tuesday, losing almost 4% until early US session, as risk sentiment soured on fresh concerns about the US debt ceiling deal, while supply outlook is unclear due to mixed messages from Read more…

By , 2 years ago May 30, 2023
Cryptocurrencies

BTCUSD Gets Rejected by 50-day SMA

BTCUSD (Bitcoin) had been generating a structure of lower highs and lower lows after peaking at the 10-month high of 31,064 in mid-April. Nevertheless, after two weeks of consolidation, the king of cryptos spiked to the upside, Read more…

By , 2 years ago May 30, 2023
Cryptocurrencies

BTCUSD Gets Rejected by 50-day SMA

BTCUSD (Bitcoin) had been generating a structure of lower highs and lower lows after peaking at the 10-month high of 31,064 in mid-April. Nevertheless, after two weeks of consolidation, the king of cryptos spiked to the upside, Read more…

By , 2 years ago May 30, 2023
Cryptocurrencies

Eurozone economic sentiment dropped to 96.5, EU down to 95.1

Eurozone Economic Sentiment Indicator fell from 99.0 to 96.5 in May. Employment Expectation Indicator dropped from 107.5 to 104.7. Economic Uncertainty Indicator dropped from 22.2 to 21.8. Eurozone Industry confidence dropped from -2.8 to -5.2. Read more…

By , 2 years ago May 30, 2023
Cryptocurrencies

Eurozone economic sentiment dropped to 96.5, EU down to 95.1

Eurozone Economic Sentiment Indicator fell from 99.0 to 96.5 in May. Employment Expectation Indicator dropped from 107.5 to 104.7. Economic Uncertainty Indicator dropped from 22.2 to 21.8. Eurozone Industry confidence dropped from -2.8 to -5.2. Read more…

By , 2 years ago May 30, 2023
Cryptocurrencies

GBP/JPY Daily Outlook

Daily Pivots: (S1) 172.99; (P) 173.48; (R1) 174.02; More… Further rally is expected in GBP/JPY as long as 171.26 support holds. Current up trend should target 100% projection of 148.93 to 172.11 from 155.33 at Read more…

By , 2 years ago May 30, 2023

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