AUD/NZD attracts fresh buyers following the previous day’s two-way price swings.The intraday uptick lacks follow-through amid the escalating US-China trade war.The RBNZ cuts its key policy rates by 25 bps, though it does little to provide impetus.The … [Continue reading]
AUD/JPY Price Analysis: Aussie drops sharply toward 87.00 as bearish pressure intensifies
AUD/JPY trades near the 87.00 zone after falling heavily during Tuesday’s session.Momentum remains bearish as sellers dominate, with price near the lower end of its daily range.Resistance stands around the 87.48 to 91.24 zone, while longer-term … [Continue reading]
United States 3-Year Note Auction fell from previous 3.908% to 3.784%
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]
Who is Satoshi? Crypto lawyer sues DHS to reveal Satoshi Nakamoto’s identity
Crypto attorney James Murphy, popularly known as "MetalLawMan", files a lawsuit against DHS to reveal Satoshi Nakamoto's identity.The lawsuit is based on Special Agent Rana Saoud's 2019 claim that the DHS had uncovered the creator of Bitcoin.Murphy … [Continue reading]
XRP price rebounds alongside Bitcoin as investors buy the dip
XRP rebounds after immense volatility in recent days, triggered by US President Donald Trump’s reciprocal tariffs.A negative MVRV ratio signals that XRP is significantly undervalued, calling on traders to buy the token.A noticeable decline in the … [Continue reading]
Japanese Yen sticks to intraday gains against a broadly weaker USD
The Japanese Yen attracts some dip-buyers and reverses a part of the overnight losses.BoJ rate cut bets and growing recession fears drive safe-haven flows towards the JPY.Dovish Fed expectations weigh on the USD and also exert pressure on USD … [Continue reading]
USD/CAD softens below 1.4250 as investors ramp up bets on Fed rate cuts
USD/CAD edges lower to around 1.4240 in Monday’s late American session.Goods from Canada that comply with the USMCA trade agreement will remain exempt from Trump’s tariff. Investors are stepping up bets that the Fed will cut interest rates … [Continue reading]
US Dollar attempts recovery as tariff pause rumors swirl
The DXY trades around the 103 zone on Monday, trying to extend Friday’s rebound amid volatile market conditions.A report suggesting Trump may pause tariffs briefly lifted sentiment, but a sharp White House denial reversed optimism.Resistance sits … [Continue reading]
USD/CAD trades higher around 1.4260 as Canadian Dollar underperforms
USD/CAD gains to near 1.4260 due to underperformance by the Canadian Dollar.Weak Canadian labor market data has prompted BoC dovish bets.Trump’s tariffs have exposed the US economy to a recession.The USD/CAD pair rises to near 1.4260 during North … [Continue reading]
Dogecoin shatters $0.15 support as ‘Black Monday’ bloodbath fears surge
Dogecoin tumbles over 10% on Monday, slashing $3.73 billion from its market capitalization to $19.78 billion.CNBC host Jim Crammer warns of global markets’ bloodbath if US President Donald Trump stays intrasigent.The MACD indicator sustains a sell … [Continue reading]