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]
Aptos, Stark, XAI, Render prepare for $111 million cliff unlocks next week
Token Unlocks data reveals that the crypto market will witness $111 million of new unlocks next week. Aptos and Starknet will see the highest unlock volume, adding tokens worth $64 million and $25 million to their circulating supply. XAI, ENA, RENDER … [Continue reading]
NZD/JPY Price Analysis: Bears extend their control, aiming for 87.00
The NZD/JPY pair fell sharply on Friday and reaching a low of 87.85. The RSI has plunged to 36, indicating that the bears are in full control and the negative momentum is likely to persist. Bears have the 87.00 threshold on their sight. The NZD/JPY … [Continue reading]
Gold price falls and end week below $2,500 ahead of US inflation data
Gold tumbles after failing to break $2,531 resistance, closing at $2,493 as Fed rate cut speculation intensifies. US Nonfarm Payrolls missed estimates, but improved figures and rising hourly earnings fueled uncertainty over a 25 or 50 bps cut. … [Continue reading]
NZD/USD Price Analysis: Bearish bias emerges as pair plunges
NZD/USD falls 0.84% on Friday to trade at 0.6170. The RSI and MACD indicators align with the bearish outlook, signaling negative momentum. The 20-day SMA presents a strong barrier against the sellers. The NZD/USD pair has been trading lacklusterly … [Continue reading]
US Dollar held its ground after mixed NFPs
US Dollar recovers ground after mixed August Nonfarm Payrolls data. Fed official downplayed discussions of a larger rate cut in September than 25 bps. Markets are seeing 40% odds of a 50 bps cut in the next Fed meeting. The US Dollar Index (DXY), a … [Continue reading]