Share: EUR/USD drifts higher to the highest since July above 1.1100 on Thursday. The evidence of cooling inflation helped to convince policymakers about the rate cuts next year. Lagarde added that the ECB should not lower the guard and central … [Continue reading]
Optimism Price Prediction: OP price could crash as $82 million worth of tokens due to flood markets
Share: Optimism price is up 94% in a week and could face a buy the rumor sell the fact event. OP could drop 25% as 24.16 million tokens worth $81.90 million are due to flood markets on December 30. A break and close above $4.500 level would create … [Continue reading]
Gold price eyes more upside as Fed rate-cut bets deepen
Share: Gold price is set to extend upside as the Fed is expected to cut rates sooner than anticipated. The core PCE price index declined more than expected to 3.2% in November. Action could be limited due to a thin-trading week. Gold price … [Continue reading]
USD/JPY faces pressure near 143.00 as Fed’s rate cut bets soar
Share: USD/JPY struggles for a firm recovery as the Fed is expected to start lowering interest rates in early 2024. The USD index refreshes five-month low amid risk-on mood. The BoJ will reduce bond-buying operations in 2024. The USD/JPY pair … [Continue reading]
Japan Construction Orders (YoY) up to 33.6% in November from previous 4.2%
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]
Solana price nearly crashes 15% in 24 hours; analyst says not to expect a new ATH anytime soon
Share: Solana price crossed the $100 mark over the weekend to imbue optimism in investors of further gains. The altcoin, however, corrected by 7%, nearly extending the dip to 15%, suggesting that the market is overheated. Analyst have noted that … [Continue reading]
United States 2-Year Note Auction declined to 4.314% from previous 4.887%
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]
United States Dallas Fed Manufacturing Business Index up to -9.3 in December from previous -19.9
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]
Turkey Manufacturing Confidence fell from previous 100.2 to 99.1 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]
Turkey Capacity Utilization declined to 77.5% in December from previous 78%
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]