Gold price looks to extend the correction toward weekly lows of $1,911. Eyes on Federal Reserve’s preferred inflation data after United States Gross Domestic Product beat. Gold price rally falters amid a rebound in the US Dollar and US Treasury bond … [Continue reading]
Japan Tokyo CPI ex Food, Energy (YoY) below forecasts (2.8%) in January: Actual (1.7%)
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Crypto.com Price Prediction: CRO poised for a 50% rally if these conditions are met
Crypto.com consolidates after rallying 50% in January. A 50% spike toward $0.12 is possible if bulls maintain support. The health of the uptrend depends on the $0.054 remaining untagged. Crypto.com price is worth keeping a close eye on. After an … [Continue reading]
ChainlinkPrice Forecast: LINK at risk of dropping 10% under inflated tail risk pressures
Chainlink price sees bulls unable to pop above the $7.20 level. LINK price shows signs of weakness with lower highs for a fourth consecutive day. The decline comes with the green light for deliveries of heavy tanks from the US and Germany to Ukraine, … [Continue reading]
Gold Price Forecast: XAU/USD retreats from multi-month top amid modest USD recovery, ahead of US GDP
Gold price pulls away from a fresh multi-month top amid a modest US Dollar strength. Bets for smaller rate hikes by Federal Reserve, recession fears should help limit losses. Traders now look to the Advance GDP report from the United States for some … [Continue reading]
NZD/USD Price Analysis: Volatility squeezes as focus shifts to US GDP
NZD/USD is displaying back-and-forth action ahead of US GDP data. The USD Index is aiming to build a cushion around 101.20 despite the risk-on market mood. The Ascending Triangle formation is indicating a squeeze in volatility. The NZD/USD pair is … [Continue reading]
CFTC commissioner calls for enhanced authority over crypto as Senator Warren backs SEC and Gensler
CFTC Commissioner, Kristin Johnson, is looking to introduce and establish new cryptocurrency rules. Johnson also suggested the agency should have the authority to engage in due diligence to fulfill customer protection and market integrity. Senator … [Continue reading]
Bitcoin price eyes $25,000 as Goldman Sachs ranks BTC as the best-performing asset of 2022
Bitcoin price is hovering at the cusp of critical support, trading at $22,640. According to Goldman Sachs, Bitcoin emerged as the asset with the highest risk-adjusted return of 3.1. The ranking placed Bitcoin above the likes of Gold, the US 10-year … [Continue reading]
Russia Producer Price Index (YoY) dipped from previous -1.9% to -3.3% in December
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
USD Index Price Analysis: Upside capped by 103.00 so far
The index remains within a range bound theme around 102.00. Bullish attempts face immediate hurdle near the 103.00 mark. DXY extends the side-lined mood for yet another day near the 102.00 zone on Wednesday. Further range bound should not be ruled … [Continue reading]