Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around … [Continue reading]
United States CFTC Oil NC Net Positions: 172.7K vs 141.3K
Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around … [Continue reading]
Eurozone CFTC EUR NC Net Positions fell from previous €174.5K to €156.9K
Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around … [Continue reading]
United Kingdom CFTC GBP NC Net Positions: £-57.1K vs previous £-42.4K
Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around … [Continue reading]
Ripple adjusts funding strategy as XRP struggles with weak retail demand
Ripple (XRP) declines for the second consecutive day, trading around $1.38 at the time of writing on Friday. The ongoing correction comes on the heels of a bullish reversal from a weekly low of $1.31 on Tuesday, which stalled at $1.49 on … [Continue reading]
Portugal Gross Domestic Product (QoQ) came in at 0.9%, above expectations (0.8%) in 4Q
GBP/USD struggles to build on the overnight modest bounce from the weekly low and oscillates in a narrow band below 1.3500 on Friday. The Gorton and Denton by-election, held on February 26, has become a focal point of political drama in the UK, … [Continue reading]
Spain Harmonized Index of Consumer Prices (YoY) came in at 2.5%, above expectations (2.3%) in February
GBP/USD struggles to build on the overnight modest bounce from the weekly low and oscillates in a narrow band near 1.3500 in European trading on Friday. The Gorton and Denton by-election, held on February 26, has become a focal point of … [Continue reading]
NZD/USD rises to near 0.6000 while investors seek fresh cues on Fed’s policy outlook
The NZD/USD pair is up 0.16% to near 0.5990 during the Asian trading session on Friday. The kiwi pair gains as the US Dollar (USD) ticks up, while investors seek fresh cues on the United States (US) interest rate outlook.During the press time, the US … [Continue reading]
AUD/JPY Price Forecast: Uptrend intact despite dip below 111.00
The rally on the AUD/JPY was halted on Thursday as the cross-pair retreated some 0.40% during the session on broad strength of the Japanese Yen. Hawkish comments by two officials of the Bank of Japan, weighed on the pair, which trades below the … [Continue reading]
AUD/USD declines on USD strength, hawkish RBA outlook sustains
AUD/USD trades with a negative bias on Thursday as broad-based US Dollar (USD) strength weighs on the Australian Dollar (AUD). At the time of writing, the pair is trading around 0.7078, down 0.60%.The pair has now trimmed most of the previous day’s … [Continue reading]