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Month: May 2023

Cryptocurrencies

GBP/USD Ends Slide, Employment Report Next

Empire State Manufacturing Index plummets Markets await UK employment, US retail sales on Tuesday British pound rebounds after sharp slide GBP/USD has started the week in positive territory, after a two-day slide that saw the Read more…

By , 2 years ago May 15, 2023
Cryptocurrencies

GBP/USD Ends Slide, Employment Report Next

Empire State Manufacturing Index plummets Markets await UK employment, US retail sales on Tuesday British pound rebounds after sharp slide GBP/USD has started the week in positive territory, after a two-day slide that saw the Read more…

By , 2 years ago May 15, 2023
Cryptocurrencies

GBP/USD Ends Slide, Employment Report Next

Empire State Manufacturing Index plummets Markets await UK employment, US retail sales on Tuesday British pound rebounds after sharp slide GBP/USD has started the week in positive territory, after a two-day slide that saw the Read more…

By , 2 years ago May 15, 2023
Cryptocurrencies

GBP/USD Ends Slide, Employment Report Next

Empire State Manufacturing Index plummets Markets await UK employment, US retail sales on Tuesday British pound rebounds after sharp slide GBP/USD has started the week in positive territory, after a two-day slide that saw the Read more…

By , 2 years ago May 15, 2023
Cryptocurrencies

Crude Oil Price Continues to Fall

Oil continues to fall at the start of another May week. A barrel of Brent crude fell to 73.70 USD. The sell-off in the commodities market has been ongoing for several weeks. Investors tried to Read more…

By , 2 years ago May 15, 2023
Cryptocurrencies

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2415; (P) 1.2478; (R1) 1.2511; More… GBP/USD recovered ahead of 1.2434 support and intraday bias remains neutral for the moment. On the downside, firm break of 1.2434 will confirm short term topping Read more…

By , 2 years ago May 15, 2023
Cryptocurrencies

Fed’s Bostic indicates bias towards further hikes, no cut until well into 2024

In an interview with CNBC, Atlanta Fed President Raphael Bostic emphasized the importance of combating inflation, which he deems as “job No. 1”. He expressed his readiness to bear the cost necessary to achieve the Read more…

By , 2 years ago May 15, 2023
Cryptocurrencies

Bitcoin Attracts Buyers on the Dip to 200-Week MA

Market picture Bitcoin fell 6.9% last week to close at $26,900, while Ethereum lost 6.2% to $1800. Top-10 leading altcoins lost between 3.1% (Cardano) and 12.2% (Polygon). The total capitalisation of the crypto market fell Read more…

By , 2 years ago May 15, 2023
Cryptocurrencies

Bitcoin Attracts Buyers on the Dip to 200-Week MA

Market picture Bitcoin fell 6.9% last week to close at $26,900, while Ethereum lost 6.2% to $1800. Top-10 leading altcoins lost between 3.1% (Cardano) and 12.2% (Polygon). The total capitalisation of the crypto market fell Read more…

By , 2 years ago May 15, 2023
Cryptocurrencies

EU Spring Forecast: Upgraded GDP growth and inflation

In its Spring 2023 Economic Forecast, European Commission presented a cautiously optimistic outlook for the Eurozone, with GDP growth projections revised upwards to 1.1% and 1.6% for 2023 and 2024 respectively. This positive adjustment, credited Read more…

By , 2 years ago May 15, 2023

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