August’s US ADP Private Employment report showed a lower-than-expected gain of 177k jobs, falling short of the consensus forecast of 205k. The data, which is often viewed as a precursor to the official non-farm payrolls Read more…
EUR/USD started a recovery wave above the 1.0830 resistance. USD/CHF is showing bearish signs below the 0.8830 resistance zone. Important Takeaways for EUR/USD and USD/CHF Analysis Today The Euro gained pace after it broke the Read more…
Market picture As expected, the constricted crypto market is a compressed spring, which means more volatility ahead, not a lack of interest. On Tuesday, Bitcoin jumped above $28.3K, adding over 2K in less than a Read more…
Market picture As expected, the constricted crypto market is a compressed spring, which means more volatility ahead, not a lack of interest. On Tuesday, Bitcoin jumped above $28.3K, adding over 2K in less than a Read more…
This was facilitated by disappointing data on the US labor market. According to the Bureau of Labor Statistics, the number of new vacancies has fallen sharply: actual — 8.8 million, forecast — 9.4 million new Read more…
Daily Pivots: (S1) 1.3521; (P) 1.3580; (R1) 1.3609; More…. Intraday bias in USD/CAD is turned neutral first with current retreat. But further rally is expected as long as 1.3509 support holds. On the upside, decisive Read more…
Daily Pivots: (S1) 0.8753; (P) 0.8806; (R1) 0.8837; More…. USD/CHF’s retreat from 0.8874 extended lower but stays above 0.8758 support. Intraday bias remains neutral first and further rally remains in favor to continue. On the Read more…
In a notable development for cryptocurrency enthusiasts and investors, Bitcoin experienced a significant surge overnight, pulling other cryptocurrencies higher in its wake. This rally was triggered by Grayscale’s key legal victory against the US Securities Read more…
In a notable development for cryptocurrency enthusiasts and investors, Bitcoin experienced a significant surge overnight, pulling other cryptocurrencies higher in its wake. This rally was triggered by Grayscale’s key legal victory against the US Securities Read more…
BoJ board member Naoki Tamura offered insights into the timeline for potentially phasing out the central bank’s ultra-accommodative stance. he signaled that by the first quarter of 2024, BoJ could gather sufficient data to evaluate Read more…