Amazon’s virtual assistant program due for release in October will be powered by Anthropic’s Clause AI model. Coinbase CEO witnessed the first AI to AI crypto transaction, the exchange offers free USDC transactions on Base for AI agents. … [Continue reading]
China NBS Non-Manufacturing PMI above forecasts (50) in August: Actual (50.3)
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]
China NBS Manufacturing PMI registered at 49.1, below expectations (49.5) 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]
Altcoins set for $2 billion cliff unlocks in September, IMX and TAIKO lead next week’s unlocks
The crypto market will witness another round of heavy unlocks in September worth $2 billion. The market will also witness a supply hike of over $82 million worth of tokens next week. IMX and TAIKO lead next week's unlocks with ENA and DYDX to … [Continue reading]
Ethereum tops crypto projects with high developer activity, key trendline suggests decline to $2000
Ethereum is the most actively developed crypto project, per Santiment data. Centralization of ETH within a few wallets not bearish but signals high staking activity. Ethereum crossed below a key trendline that suggests its price could decline toward … [Continue reading]
US Dollar extends recovery ahead of the weekend
US inflation, as measured by the PCE Price Index, remained unchanged at 2.5% YoY in July. The USD is gaining due to the strength of its economy while inflation is coming down The labor market is still the focus for September's decision On Friday, … [Continue reading]
US Dollar Weekly Forecast: The king is alive
The US Dollar Index (DXY) bounced off 13-month lows. Fed officials aligned behind the idea of a September interest-rate cut. Markets’ attention should rotate towards data and NFP. The US Dollar (USD) finally saw a bit of light at the end of the … [Continue reading]
USD/JPY Price Forecast: Trading in a messy range until a break one way or another
USD/JPY is stuck moving sideways on the 4-hour Chart used to analyze the short-term trend. It needs to break higher or lower to confirm directionality – otherwise it will continue oscillating. USD/JPY has been trading in a messy range … [Continue reading]
Japanese Yen holds minor gains ahead of US PCE data
The Japanese Yen appreciates as increasing Tokyo inflation figures strengthen the BoJ’s hawkish stance on its policy outlook. Tokyo's CPI rose to 2.6% YoY in August, up from 2.2% in July. The US Dollar holds its ground following … [Continue reading]
Australian Dollar holds ground despite stagnated Retail Sales
The Australian Dollar holds its position after Retail Sales reported no growth in July. Australia’s Retail Sales stagnated month-on-month in July, against the expected 0.3% increase. The US Dollar received support following stronger-than-expected US … [Continue reading]