EURUSD holds within tight range in near term MACD and RSI were below their mid-levels EURUSD had another pullback off the lower boundary of the short-term trading range within 1.0450–1.0600, but the 20-day simple moving Read more…
The proposed policies of Trumponomics 2.0 may ignite a further uptick in inflationary expectations in the US. Market-transacted inflationary expectations gauge, the 5-year and 10-year US breakeven inflation rates have been trending higher since September Read more…
The British pound has moved higher on Monday, after declining 1% last week. In the European session, GBP/USD is trading at 1.2747, up 0.30% on the day. UK Services improves, manufacturing slips The UK Services Read more…
Market Picture The cryptocurrency market hit record highs in terms of capitalisation, reaching $3.73 trillion at the start of active Asian trading and is sitting at $3.71 trillion at the time of writing. The market Read more…
Micron Technology shares moved higher in early Monday trading after a top Wall Street analyst issued a bullish note on the memory chip market ahead of its quarterly earnings report later in the week. Micron Read more…
Check back for updates throughout the trading day U.S. equity futures nudged higher in early Monday trading, while Treasury yields and the dollar steadied, as investors enter the final full trading week of the year Read more…
The USD/JPY pair climbed to 153.77 on Monday, reaching a three-week high. This movement reflects growing investor sentiment that the Bank of Japan (BoJ) will maintain its current interest rate level and continue its pause Read more…
ECB President Christine Lagarde’s speech today marked a departure from previous guidance shaped by high inflation and significant uncertainty. Lagarde highlighted that the earlier approach, which aimed to maintain restrictive rates “for as long as Read more…
Analysing Bitcoin’s price on 6th December, we: → noted that more likely Trump’s victory in the presidential election and his plans to create a strategic reserve dedicated to Bitcoin were the primary driver of BTC/USD’s Read more…
Gold falls below $2,700 after double top Maintains neutrality within $2,540-$2,720 Gold came under renewed selling pressure after the bulls ran out of fuel marginally above the previous lower high of $2,721, unable to initiate a Read more…