Ethereum whales boosted their balance by 1.12 million ETH in May, pushing its monthly performance above 46%.US spot Ethereum ETFs have recorded cumulative net inflows of $493 million so far in the month.ETH is testing the ascending triangle support … [Continue reading]
Mexico Fiscal Balance, pesos increased to 0.29B in April from previous -24.6B
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]
Dow Jones Industrial Average struggles under the weight of ongoing trade concerns
The Dow Jones tested lower on Friday after Donald Trump aimed at China once again.Equity markets remain hesitant following this week’s legal snag for Trump’s tariffs.US PCE inflation came in as expected, albeit with upside revisions to previous … [Continue reading]
Canadian Dollar lurches higher on upbeat quarterly GDP growth
The Canadian Dollar climbed 0.7% against the Greenback in Friday.Upbeat Canadian GDP growth figures sent Loonie traders scrambling for the buy button.The CAD is back in sight range of six-month highs.The Canadian Dollar (CAD) found some room on the … [Continue reading]
Bitcoin, crypto market slide as Trump resumes China tariff rhetorics amid in-line PCE data
The US core PCE data for April fell to 2.5%, in line with expectations, while the annual PCE rate came in at 2.1%, below expectations of 2.2%.Trump says China violated its trade agreement with the US.Bitcoin and Ethereum are down 1% and 2.5%, … [Continue reading]
USD/CHF Price Forecast: Flat as inflation cools, US-China tensions rise
USD/CHF stuck between 0.8180–0.8300 as buyers fail to sustain breakout above resistance.RSI remains bearish; a break below 0.8200 could expose the May 7 low and YTD trough at 0.8034.Bulls must reclaim 0.8250 to retest 0.8300 and challenge the 50-day … [Continue reading]
USD/CHF Price Forecast: Flat as inflation cools, as US-China tensions rise
USD/CHF stuck between 0.8180–0.8300; buyers unable to sustain breakout above 0.8300.RSI remains bearish; break below 0.8200 could expose May 7 low and YTD trough at 0.8034.Bulls must reclaim 0.8250 to retest 0.8300 and challenge 50-day SMA at … [Continue reading]
AUD/USD trades sideways as fundamental and technical factors weigh on price action
AUD/USD whipsaws on mixed economic data and expectations for monetary policy.Australia’s Retail Sales miss forecasts, but declining US inflation limits the losses.AUD/USD looks toward technical levels from historical moves for direction.The … [Continue reading]
Australia CFTC AUD NC Net Positions down to $-61.2K from previous $-59.1K
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 exceptionalism wanes as global investors pivot away – Rabobank
The concept of ‘US exceptionalism’ covers many specific themes. For academics it may have referred to the US’s ability to attract bright minds from around the world and generate cutting edge research. Combined with the country’s entrepreneurial … [Continue reading]