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Month: February 2025

Cryptocurrencies

Australia’s monthly CPI holds at 2.5%, core measures edge higher

Australia’s monthly CPI was unchanged at 2.5% yoy in January, falling short of expectations for a slight uptick to 2.6%. However, underlying inflation pressures showed signs of persistence, with CPI excluding volatile items and holiday Read more…

By , 1 year ago February 26, 2025
Cryptocurrencies

Fed’s Barkin: Staying modestly restrictive until inflation risks clear

Richmond Fed President Tom Barkin highlighted the need for a “modestly restrictive” monetary policy stance until there is greater confidence that inflation is firmly returning to the 2% target. Speaking in a speech overnight, Barkin Read more…

By , 1 year ago February 26, 2025
Cryptocurrencies

Bitcoin Loses Ground—Falling Below $90K Sparks Panic

Key Highlights Bitcoin price declined heavily and even traded below the $90,000 support. BTC is now following a connecting bearish trend line with resistance at $91,600 on the 4-hour chart. Ethereum price also declined and Read more…

By , 1 year ago February 26, 2025
Cryptocurrencies

NASDAQ Elliott Wave Forecast – Identifying The Next Buying Opportunity

The NASDAQ (NQ_F) remains bullish from the all-time low despite the pullback from December 2024. The pullback could present a perfect opportunity for buyers in the coming days. This blog post will address key price Read more…

By , 1 year ago February 26, 2025
Cryptocurrencies

GBPCHF Technical Analysis

The Pound Sterling (GBP) rose 0.37% to 1.2669 after rebounding from a two-day low of 1.2605, as the US Dollar weakened due to falling US Treasury yields. Market sentiment turned negative following US President Trump’s Read more…

By , 1 year ago February 26, 2025
Cryptocurrencies

NZDUSD Technical Analysis

The New Zealand Dollar (NZD) is facing slight downward pressure against the US Dollar (USD) and could dip further, though it’s unlikely to fall clearly below 0.5715. If it does break that support, reaching 0.5790 Read more…

By , 1 year ago February 26, 2025
Cryptocurrencies

WTI Crude Oil Wave Analysis

WTI crude oil broke support zone Likely to fall to support level 67.00 WTI crude oil recently broke the support zone between the round support level 70.00 (which reversed the price multiple times from the Read more…

By , 1 year ago February 26, 2025
Cryptocurrencies

WTI Oil Falls Below $70 per Barrel as Tariff Concerns Further Sour Sentiment

WTI oil price fell below psychological $70 support on Tuesday and hit the lowest levels in two months. Oil was down nearly 3% on renewed fears about the global economy and lower demand after the Read more…

By , 1 year ago February 26, 2025
Cryptocurrencies

Iconic distressed baking company files for Chapter 11 bankruptcy

Commercial bakeries are some of the most beloved manufacturers of products. Whenever popular baking companies have financial problems that can lead to bankruptcies and possible shutdowns, consumers face the risk of losing some of their Read more…

By , 1 year ago February 26, 2025
Cryptocurrencies

Tesla rival offers salvation for EV owners fed up with Elon Musk

For someone who wears many hats, including—but not limited to—being the CEO of Tesla TSLA and SpaceX and the owner of social media platform X (formerly known as Twitter), the world’s richest man, Elon Musk Read more…

By , 1 year ago February 26, 2025

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