Bitcoin prices topped the $47,000 mark Thursday following the approval of nearly a dozen investment products that will hold the world’s biggest cryptocurrency in what could be a watershed event for the $1.7 trillion digital Read more…
Market picture The US Securities Commission (SEC) has announced the approval of the Bitcoin-ETP. The initial fake announcement of this created a spike in volatility. This is a stark reminder of how short-term traders are Read more…
US CPI expected to edge higher to 3.2% UK GDP projected to rebound to 0.2% The British pound is unchanged on Thursday, trading at 1.2741 in Europe. We could see some movement from the pound Read more…
USDTRY breached psychological 30 barrier and hit new record high on Thursday, extending gains between two full figures (29 and 30) in less than a month. Steady and slow-paced ascend, interrupted by minor corrections, suggest Read more…
Check back for updates throughout the trading day U.S. equity futures edged higher Thursday, while Treasury yields and the dollar steadied, as investors prepped for a key inflation reading prior to the start of trading. Read more…
AUDUSD edged higher in early Thursday’s trading, underpinned by much better than expected Australian trade data and risk mode in stock markets. Strong rejection of the pullback from 0.6871 (Dec 28 peak) and pivotal Fibo Read more…
As the chart shows, this morning the Nikkei 225 price exceeded 35,700, its highest level in decades. The Nikkei 225 index reached its all-time high on December 30, 1989, at 38,957.44 points. This was against Read more…
The following ETFs can start operating today: Blackrock’s iShares Bitcoin Trust (IBIT) ARK 21Shares Bitcoin ETF (ARKB) WisdomTree Bitcoin Fund (BTCW) Invesco Galaxy Bitcoin ETF (BTCO) Bitwise Bitcoin ETF (BITB) VanEck Bitcoin Trust (HODL) Franklin Read more…
USDCHF retains a neutral pace ahead of US CPI inflation Encouraging signals detected, but rally above 0.8600 required USDCHF has been gently moving sideways, unable to post durable gains above the 0.8500 level after the Read more…
WTI oil holds beneath 20-day SMA 200-day SMA looks like significant resistance WTI crude oil futures with delivery in February have been developing within a descending channel since the end of September. Currently, the market Read more…