The dollar index is holding firm tone in early Tuesday, following 0.8% advance on Monday (the biggest one-day rally since Oct 27. Better than expected US data on Monday (services PMI, Factory orders) improved the sentiment and lifted the greenback, as signals that the economy remains robust despite strong rise in borrowing cost, counter recession […]
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Summary United States: Data Came in Like a Butterball Anyone who has ever gobbled until they wobbled can tell you it can be challenging to digest too much at one time. In the financial world, Read more…
Bitcoin rebounds after hitting support near 90,600 This could mean that the bearish correction is over A break above 100,000 could signal uptrend continuation For the picture to turn bearish, a dip below 66,700 may Read more…
The Reserve Bank of New Zealand (RBNZ) cut its key interest rate by 50 basis points to 4.25%, bringing the total number of cuts in this cycle to 125. The move was in line with Read more…