DXY Index notes a slight uptick, currently trading near 106.00 mark. March Retail Sales exceed forecasts, bolstering bond yields and the US Dollar. Fed appears hawkish, adjustments to easing expectations produced Greenback rally last week. The US … [Continue reading]
EUR/USD Forecast: Extra weakness exposes a move to 1.0500
EUR/USD dropped to fresh YTD lows near 1.0620. The US Dollar accelerated its gains amidst higher yields. The ECB’s Simkus favoured 50 bps of rate cuts in the summer. For the fifth consecutive session, EUR/USD remained under pressure, sliding to … [Continue reading]
Pound Sterling struggles to recover ahead of UK Employment, Inflation data
The Pound Sterling faces pressure as geopolitical tensions improve the appeal for safe-haven assets. UK’s employment and inflation data will influence speculation over BoE rate cuts. The UK economy is on track to come out of a technical recession. … [Continue reading]
Gold price surrenders modest intraday gains amid reduced Fed rate cut bets
Gold price regains positive traction in reaction to Iran’s attack on Israel over the weekend. The upside remains capped amid hawkish Federal Reserve expectations and a bullish USD. The US Retail Sales and Empire State Manufacturing Index are eyed for … [Continue reading]
Gold price benefits from rising geopolitical risks, lacks follow-through buying
Gold price regains positive traction in reaction to Iran’s attack on Israel over the weekend. The upside remains capped amid hawkish Federal Reserve expectations and a bullish USD. The US Retail Sales and Empire State Manufacturing Index are eyed for … [Continue reading]
Japan Machinery Orders (YoY) rose from previous -10.9% to -1.8% in February
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]
Solana Price Prediction: SOL primed for recovery if bulls hold $130
Solana price is down 5% on the day, and over 20% over the last week. SOL could nurture a recovery if the bulls hold above $130.45. A break and close below $120 would invalidate the bullish thesis. Solana (SOL) price is nurturing a recovery rally … [Continue reading]
Blast-based Leaper Finance flagged as expert cites nearly $1 million bait
ZachXBT has flagged Leaper Finance, alleging project heads are associated with previous rugs. On-chain detective associates them with stolen funds on Magnate, Kokomo, Lendora, and Solfire, among others. Reportedly, scammers let TVL grow significantly … [Continue reading]
Bitcoin price tanks to $62K ascribed to geopolitical tension a week to BTC halving
Bitcoin price dipped to $62,000 range on Sunday, after Saturday’s $60,660 intra-day low. Geopolitical tensions between Iran and Israel pass as likely culprit for broader market dump. Global cryptocurrency market capitalization has dropped by 5% amid … [Continue reading]
Will Celestia price’s bounce trigger a 50% rally for TIA bulls?
Celestia price has been in an overall bearish trend, trading within a descending channel pattern. With TIA bouncing off strong support at $8.40, buyer momentum could see the altcoin rise 50% past $14.70 blockade. A break and close below $7.56 would … [Continue reading]