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Month: August 2023

Cryptocurrencies

Week Ahead – Focus Shifts Back to Data after Jackson Hole, NFP the Highlight

US Now that we heard from Fed Chair Powell at the Kansas City Fed’s Jackson Hole Symposium, the focus shifts back to the data. This week is filled with data that will outline how quickly Read more…

By , 2 years ago August 25, 2023
Cryptocurrencies

Week Ahead – Focus Shifts Back to Data after Jackson Hole, NFP the Highlight

US Now that we heard from Fed Chair Powell at the Kansas City Fed’s Jackson Hole Symposium, the focus shifts back to the data. This week is filled with data that will outline how quickly Read more…

By , 2 years ago August 25, 2023
Cryptocurrencies

Week Ahead – Focus Shifts Back to Data after Jackson Hole, NFP the Highlight

US Now that we heard from Fed Chair Powell at the Kansas City Fed’s Jackson Hole Symposium, the focus shifts back to the data. This week is filled with data that will outline how quickly Read more…

By , 2 years ago August 25, 2023
Cryptocurrencies

Market Treads Cautiously Ahead of Powell and Lagarde’s Speeches

As the financial world gears up for the much-anticipated remarks from Fed Chair Jerome Powell and ECB President Christine Lagarde, market participants are treading with caution. Dollar has started to retreat, shedding some of its Read more…

By , 2 years ago August 25, 2023
Cryptocurrencies

Market Treads Cautiously Ahead of Powell and Lagarde’s Speeches

As the financial world gears up for the much-anticipated remarks from Fed Chair Jerome Powell and ECB President Christine Lagarde, market participants are treading with caution. Dollar has started to retreat, shedding some of its Read more…

By , 2 years ago August 25, 2023
Cryptocurrencies

Crypto Market Tamed on the Lower Ladder

Market picture Thursday’s sell-off in the US stock market forced cryptocurrencies to bounce back from the previous day. As a result, the crypto market capitalisation is back at $1.05 trillion (-1.8% in 24 hours). Solana Read more…

By , 2 years ago August 25, 2023
Cryptocurrencies

USD/JPY Breaks Above 146, Tokyo Core CPI Dips to 2.8%

Tokyo Core CPI gains 2.8%, less than expected Powell and Ueda to speak at Jackson Hole symposium USD/JPY has posted small gains on Friday, enough to push above the symbolic 146 line. On the data Read more…

By , 2 years ago August 25, 2023
Cryptocurrencies

EUR/USD: Euro Falls to New Multi-Week Low Following Break of Key Supports

The Euro dips further on Friday and on track for the sixth consecutive weekly loss. Weak risk sentiment and growing expectations that the Fed and ECB would raise their interest rates again in November, add Read more…

By , 2 years ago August 25, 2023
Cryptocurrencies

EUR/USD: Euro Falls to New Multi-Week Low Following Break of Key Supports

The Euro dips further on Friday and on track for the sixth consecutive weekly loss. Weak risk sentiment and growing expectations that the Fed and ECB would raise their interest rates again in November, add Read more…

By , 2 years ago August 25, 2023
Cryptocurrencies

EUR/JPY Daily Outlook

Daily Pivots: (S1) 157.17; (P) 157.61; (R1) 158.11; More…. Intraday bias in EUR/JPY stays mildly on the downside at this point. Current decline from 159.47 short term top should extend to (now at 155.76) first. Read more…

By , 2 years ago August 25, 2023

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