Bitcoin was unable to continue its bullish momentum from last week, and after touching a high of $29,829 on May 06, we can see a continuous decline in the bitcoin price, with immediate targets located Read more…
Bitcoin was unable to continue its bullish momentum from last week, and after touching a high of $29,829 on May 06, we can see a continuous decline in the bitcoin price, with immediate targets located Read more…
Events elsewhere have been stealing the headlines lately, but this week’s focus will almost entirely be on the UK as the BoE is holding its rate setting meeting on Thursday. Will the BoE decision provide another boost Read more…
ECB might need to keep raising interest rates for longer than initially anticipated, according to Governing Council member Peter Kazimir. His comments indicate an evolving stance within ECB as it grapples with stubbornly high inflation Read more…
In face of high inflation, ECB Governing Council member Martins Kazaks has voiced his belief that further interest rate hikes will be necessary to contain it. His remarks counter market expectations for borrowing costs to Read more…
Markets US yields yesterday rebounded further from the key support levels (10-y 3.25%/3.30% area, 2-y 3.60/3.65% area) that were at risk after the Fed hinted at a pause in its hiking cycle last week. However, Read more…
Daily Pivots: (S1) 1.3330; (P) 1.3358; (R1) 1.3402; More…. Intraday bias in USD/CAD stays on the downside at this point. Firm break of 1.3299 will extend the corrective pattern from 1.3976 lower to 100% projection Read more…
Daily Pivots: (S1) 1.3330; (P) 1.3358; (R1) 1.3402; More…. Intraday bias in USD/CAD stays on the downside at this point. Firm break of 1.3299 will extend the corrective pattern from 1.3976 lower to 100% projection Read more…
Australia’s retail sales volume declined by -0.6% qoq to AUD 96.17 billion in Q1 2023. Through the year, sales volume only managed to register a modest 0.3% yoy growth in the quarter. ABS’s head of Read more…