USD/CAD regains some positive traction amid some follow-through USD buying interest. Subdued Crude Oil prices undermine the Loonie and further lend support to the major. Traders now look to BoC Governor Macklem's speech ahead of the US CPI on … [Continue reading]
New Zealand Manufacturing Sales up to 0.6% in 2Q from previous -0.4%
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]
What’s next for Ripple after XRP reserve on Binance declines by 167 million tokens
XRP token reserve on Binance is down 167 million from August through the time of writing. Ripple CEO Brad Garlinghouse discussed blockchain technology potential with Japanese lawmaker Taira Masaaki on XRP community day, September 6. XRP … [Continue reading]
Crypto Today: Bitcoin hashrate hits all-time high as BTC, Ether and XRP hover near support
Bitcoin’s hashrate hit a new all-time high on Sunday. Bitcoin and Ethereum hover around support at $56,486 and $2,383 on Monday, respectively. XRP trades at $0.5325, up slightly on the day. Bitcoin, Ethereum and XRP updates … [Continue reading]
USD: Holding pattern into tomorrow night’s presidential debate – ING
The August US jobs report has failed to resolve the debate over whether the Federal Reserve will cut rates by 25bp or 50bp on 18 September. There's no doubt that it will cut at this point; Christopher Waller delivered one of his … [Continue reading]
USD/INR extends losses, downside seems limited due to risk aversion
Indian Rupee may face challenges following the risk aversion sentiment over a potential slowdown in the US economy. Traders expect potential RBI interventions to prevent the INR from falling below the 84.00 mark. The US Dollar remains stable as … [Continue reading]
Japan Gross Domestic Product Deflator (YoY) came in at 3.2%, above forecasts (3%) in 2Q
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]
Colombia Consumer Price Index (MoM) came in at 0% below forecasts (0.22%) in August
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]
Colombia Consumer Price Index (YoY) dipped from previous 6.86% to 6.12% in August
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]
Ethereum dips below $2,300 following August NFP data, JP Morgan weighs in on ETH ETF performance
Ethereum dives nearly 6% after August NFP miss. Based on the AUM ratio to market cap, Ethereum ETFs have performed more or less in line with Bitcoin ETFs one month after launch. ETH needs to bounce around $2,100 to maintain the bull market thesis. … [Continue reading]