The Japanese Yen edges higher in reaction to an upward revision of Japan’s Q3 GDP. The recent decline in the US bond yields undermines the USD and also benefits the JPY. Doubts over the BoJ’s ability to hike interest rates further cap the upside for … [Continue reading]
Ripple week in review: Can XRP resume rally to hit a new all-time high?
XRP investors realized over $5.86 billion in profits during the week. XRP whales are slightly tilted toward accumulation despite holding an average profit of nearly 400%. XRP needs to overcome the $2.92 level to stage a rally to a new all-time high. … [Continue reading]
Ripple week in review: Can XRP resume its rally to hit a new all-time high?
XRP investors realized over $5.86 billion in profits during the week. XRP whales are slightly tilted toward accumulation despite holding an average profit of nearly 400%. XRP needs to overcome the $2.92 level to stage a rally to a new all-time high. … [Continue reading]
Colombia Consumer Price Index (YoY) above forecasts (5.13%) in November: Actual (5.2%)
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]
Colombia Consumer Price Index (MoM) came in at 0.27%, above forecasts (0.2%) in November
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]
SushiSwap DAO proposes strategy to improve liquidity through treasury diversification
Sushi DAO proposed a treasury diversification strategy aimed at improving its liquidity. The strategy includes adding stablecoins and blue-chip tokens as part of its treasury. Sushi DAO's proposal will be subject to a governance vote after a review … [Continue reading]
Ethereum Price Forecast: ETH nears its all-time high, sees record ETF inflows and high preference than Bitcoin
Ethereum price today: $4,030 Ethereum has become more attractive to investors than Bitcoin since the US elections, noted Bybit. Ethereum ETFs posted their highest single-day net inflows after raking in $428.5 million. Ethereum could soon reach a new … [Continue reading]
NZD/JPY Price Analysis: Pair retreats to 87.50 as losses resume
NZD/JPY fell to 87.48 on Friday, extending its weekly losses. Indicators are dangerously close to oversold conditions, signaling a potential correction. Bearish momentum remains intact, with risks of further downside. The NZD/JPY pair extended its … [Continue reading]
Amazon stock notches sixth straight gain on Friday
Amazon stock closes 2.94% higher at new all-time high. November NFP hits well above expectations on Friday. Amazon is still seeing positive vibes from its new AI chip. Amazon shares have risen in eight of last nine sessions. Amazon (AMZN) stock is … [Continue reading]
Dow Jones Industrial Average declines further on Friday
The Dow Jones shed another third of a percent to wrap up the trading week. US NFP jobs figures came in above expectations, but the US Unemployment Rate also rose. Steep losses in key stocks are dragging the Dow Jones lower. The Dow Jones Industrial … [Continue reading]