A Reuters poll revealed that on March 27, Banco de Mexico (Banxico) is expected to cut interest rates by 50 bps amid the evolution of the disinflation process and an ongoing economic slowdown. Economists expect rates to get as low as 8.25% in 2025 Of … [Continue reading]
Cardano’s Lace wallet integrates Bitcoin: ADA price reacts to 80M trading signal
ADA consolidates around $0.70 on Friday, remaining range-bound within a 5% margin over the last 10 days. Cardano's Lace wallet now supports Bitcoin trading, boosting adoption prospects for ADA. Trading volumes declined by 83 million ADA on Friday, … [Continue reading]
Toncoin traders take profits as crypto VCs invest $400M in TON
Toncoin price dipped to $3.6 on Friday, down 9% from the $4.1 peak recorded on Thursday. The correction follows profit-taking after a prominent crypto VC announced a $400M TON purchase. Coinglass derivatives data shows $10 million in short futures … [Continue reading]
NZD/USD Price Analysis: Kiwi slips as moving average cluster offers key support
NZD/USD was seen around the 0.5730 zone, posting modest daily losses ahead of the Asian session. The pair is testing a key confluence of the 20 and 100-day moving averages, with downside risks emerging below this area. During Friday’s session ahead … [Continue reading]
AUD/JPY Price Analysis: Aussie dips slightly as 20-day SMA offers support
AUD/JPY was seen trading around the 93.70 zone, recording its third consecutive day of mild losses. Despite the negative streak, the pair continues to hold above the 20-day SMA, suggesting downside may be limited. Momentum indicators remain soft; RSI … [Continue reading]
Australian Dollar weakens as AUD/USD remains pressured below 0.6300
AUD/USD trades near the 0.6270 region, failing to recover ground amid persistent USD strength. A soft Australian labor market report and safe-haven demand for the US Dollar continue to weigh on the Aussie. Technical indicators point to further … [Continue reading]
Dow Jones Industrial Average whipsaws but holds steady on Friday
The Dow Jones waffled near 42,000 as equities trim gains on Friday. Despite a lack of noteworthy data, equities are reeling under the pressure of expiries. President Trump hinted at “flexibility” in upcoming tariffs as the pivot begins anew. The Dow … [Continue reading]
Mexican Peso struggles as markets react to weak data, trade anxiety
Mexican Peso slips amid rising bets on Banxico rate cut and global uncertainty. Mexico’s economic data disappoints with private spending plunging and activity estimates pointing to contraction in February. Banxico expected to cut rates by 50 bps on … [Continue reading]
Silver Price Forecast: XAG/USD crashes toward $33.00, suffers worst daily loss since February
Silver plunges 1.6% as US Dollar and yields surge late Friday. XAG/USD hits weekly low of $32.66, pressured by a resurgent Greenback and elevated US Treasury yields. Sellers fail to breach $32.50 support, keeping downside capped for now, with key … [Continue reading]
US Dollar Weekly Forecast: Walking the tightrope amid tariffs and Fed policy
The US Dollar Index receded to five-month troughs.Trump's chaotic trade policy remains in centre stage.The Fed is unlikely to change its plans next week.The US Dollar (USD) staged a partial comeback from its steep March retracement, climbing back … [Continue reading]