NZD/USD consolidates within a symmetrical triangle on the 4-hour chart, reflecting short-term indecision.A rising wedge pattern on the daily chart signals a potential bearish breakout below 0.6038.Kiwi tests critical psychological support at … [Continue reading]
Ripple Price Prediction: Could rising exchange balance hinder XRP recovery?
XRP offers bearish signals on short time frames despite steady interest in the derivatives market.Investors may be preparing to reduce their exposure as the balance on exchanges grows to 3.41 billion from 3.26 billion XRP in less than two weeks.The … [Continue reading]
US Dollar Weekly Forecast: ‘Big and Beautiful’ decline?
The US Dollar Index falls for the second week in a row.Firmer US jobs data and the Fed’s rate cut repricing lent some late support.The July 9 tariff deadline should keep markets’ unease in place.The week that wasThe US Dollar (USD) saw further … [Continue reading]
GBP/JPY retreats as safe-haven demand rises ahead of Trump’s tariff deadline
GBP/JPY edges lower as safe-haven demand rises ahead of President Trump's July 9 tariff deadline.UK Prime Minister Keir Starmer faces political pressure from the Labour Party, limiting upside potential for Sterling.GBP/JPY retreats as technical … [Continue reading]
Pi Network Price Forecast: Core team offloads 5.81 million PI tokens, risks further losses
Pi Network edges lower on Friday as it struggles to reclaim the $0.50 psychological mark.A surge in social dominance reflects increased chatter surrounding the Pi network.Investors are on a buying spree as CEX balances decline while PI Foundation … [Continue reading]
Italy Retail Sales n.s.a (YoY): 1.3% (May) vs previous 3.7%
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]
EUR/USD wobbles around 1.1760 amid holiday in US on account of Independence Day
EUR/USD trades sideways around 1.1760 in a holiday-thinned trade.Better-than-projected US NFP data has offered some relief to the US Dollar.Risks to inflation undershooting the ECB’s 2% target have escalated amid an appreciating Euro.The EUR/USD pair … [Continue reading]
South Korea Current Account Balance increased to 10.14B in May from previous 5.7B
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]
Breaking: US House passes Trump’s “Big, Beautiful Bill”
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]
US ISM Services PMI improves to 50.8 in June vs. 50.5 expected
ISM Services PMI for June came in better than expected.US Dollar Index stays in positive territory near 97.00.The business activity in the US services sector expanded at a modest pace in June, with the Institute for Supply Management's (ISM) Services … [Continue reading]