Dollar ended as the worst performer, followed by Yen and Swiss Franc. The US stock markets traded with risk-on sentiment, on talks that Fed would start slowing down tightening pace after one more 75bps hike. But it should be noted that such sentiment was not seen everywhere in the world, in particular China. Thus, rally […]
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AUD/CAD is rapidly moving toward parity as multiple macro forces suddenly align in favor of the Aussie at the same time. The shift from Middle East war fears toward peace optimism is simultaneously boosting risk Read more…
Key takeaways Global risk appetite surged on US–Iran peace hopes: Reports of a potential peace memorandum between the US and Iran drove a sharp rally in global equities and a steep decline in oil prices, Read more…
Key Highlights Bitcoin started a fresh increase above $78,000 and $80,000. A bullish trend line is forming with support at $80,200 on the 4-hour chart of BTC/USD. Ethereum remained in a range below $2,400. Gold Read more…