Ethereum price today: $2,150 Ethereum MVRV declines below 1, signaling ETH's retreat to the undervalued region. Developers will decide on the timeline for the Pectra mainnet upgrade after the successful recovery of the Holesky testnet. ETH … [Continue reading]
Colombia Consumer Price Index (MoM) came in at 1.14%, above forecasts (1%) in February
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) came in at 5.28%, above expectations (5.13%) in February
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]
Bitcoin fails to rally as macroeconomics and correlation with stocks outweigh crypto reserve tailwinds
The crypto market wiped out over 4% of its value following the inaugural White House Crypto Summit. Bitcoin's rising correlation with stocks and macroeconomic data may have hindered a rally. David Sacks stated that Trump initially mentioned … [Continue reading]
AUD/JPY Price Analysis: Bears extend control, but downside momentum weakens
AUD/JPY moved lower ahead of the Asian session, extending its losing streak to two days and trading near the 93.00 area. Selling momentum appears to be fading, with technical indicators suggesting that bulls might attempt a rebound or initiate … [Continue reading]
Australian Dollar falls after weak NFP data fuels risk aversion
Australian Dollar weakens as disappointing US labor data increases risk-off sentiment. US NFP report came in below forecasts, while wages slowed, raising concerns over economic resilience. China’s trade data revealed weaker imports, amplifying … [Continue reading]
Mexican Peso steadies on Friday as Finance Minister Ramirez de la O resigns
USD/MXN retreats as US trade policies overshadow economic data. Mexico’s inflation beats forecasts, but Banxico still expected to cut rates on March 27. USMCA four-week exemptions are secured, but tariffs on steel and aluminum remain in place. US … [Continue reading]
Gold price slips beneath $2,910 as US yields rebound
US Nonfarm Payrolls show steady job growth, but Fed remains in no rush to cut rates. Powell reiterates that inflation path will be "bumpy," keeping policy steady for now. PBoC adds 10 tonnes of Gold in early 2025, while Poland’s NBP purchases 29 … [Continue reading]
Fed’s Bowman: Rate decisions will look at jobs, economic activity
Federal Reserve Governor Michelle Bowman, regarded as one of the bank’s most hawkish policymakers, indicated that she might place greater emphasis on labour market indicators when considering future policy decisions. Key Quotes Labor market, … [Continue reading]
USD/CNH: Set to trade sideways between 7.2300 and 7.2600 – UOB Group
US Dollar (USD) is likely to trade sideways between 7.2300 and 7.2600 vs Chinese Yuan (CNH). In the longer run, downward pressure remains intact; should USD break below 7.2260, the next level to watch is 7.2000, UOB Group's FX analysts Quek Ser Leang … [Continue reading]