Cryptocurrencies are mostly in demand this week Ethereum rallies but fails to overcome the 2,667 level Momentum indicators are mostly bullish Following Monday’s strong upleg, ethereum is experiencing a few quiet sessions by trading in a tight range. It is in the green today, but it remains stuck below the mid-September 2021 low of 2,667. […]
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The Bank of Canada is expected to accelerate the pace of interest rate cuts with a 50-basis point reduction to the overnight rate to 3.75% from 4.25% on Wednesday. An underperforming Canadian economy had already Read more…
Bank of Canada meets; may opt for bigger 50-bps cut October flash PMIs to set the mood amid some growth concerns A relatively quiet week otherwise, with mostly second-tier releases BoC to likely cut by Read more…
ECB’s widely anticipated 25bp rate cut did not end up rocking the markets, as Lagarde delivered little concrete guidance on what the central banks’ next steps will be. Markets saw her remarks slightly on the dovish side, Read more…