Mina Protocol’s devnet upgrade, the final test before Berkeley, is lined up for April 9. The upgrade will bring three key features to the community, likely to boost the protocol’s utility. MINA price is losing nearly 4% of its value on … [Continue reading]
Japanese Yen languishes near multi-decade low amid divergent BoJ-Fed expectations
The Japanese Yen hangs near a multi-decade against the USD amid the BoJ’s dovish outlook. The divergent Fed-BoJ expectations support prospects for a further JPY depreciation move. Intervention fears hold back the JPY bears from placing fresh bets and … [Continue reading]
Fed’s Kashkari: The bank cannot stop short on the inflation fight
Federal Reserve (Fed) Bank of Minneapolis President Neel Kashkari spoke at the University of Montana on Monday. Kashkari said that the US central bank cannot stop short' on the inflation fight. Key quotes “The inflation rate is running around 3% and … [Continue reading]
Gold climbs higher yet remains shy of all-time peak
Gold's ascent to $2,354 tempered amid evolving Fed rate cut expectations and resilient US jobs report. Citi analysts project potential further upside for Gold with forecasts reaching up to $2,500 in more bullish scenarios. Market recalibration on the … [Continue reading]
Gold price continues to rise despite mounting US bond yields
Gold price hovers near fresh highs around $2,350 as the US Dollar remains sideways. US yields rally as traders pare Fed rate cut expectations. US inflation could guide market expectations for Fed rate cuts ahead. Gold price (XAU/USD) falls slightly … [Continue reading]
Week Ahead: Crypto market outlook could set to change after stale weekend
Crypto markets are likely to see a spike in volatility this week after a silent weekend. The failed attempts from bulls and bears suggest that BTC could continue to move sideways. The US CPI could induce a short-lived volatility spike if the Fed's … [Continue reading]
Switzerland Unemployment Rate s.a (MoM) rose from previous 2.2% to 2.3% in March
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]
PBoC sets USD/CNY reference rate at 7.0947 vs 7.0949 previous
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 Foreign Exchange Reserves (MoM) registered at $3.246T above expectations ($3.21T) in March
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]
AAVE price climbs as founder talks of “fee switch” to redistribute fees to stakers and holders
AAVE founder discussed the redistribution of fees to the asset’s stakers and holders, in a “fee switch” move. The platform’s DAO earns approximately $50 million in net profits annually. The founder announced a temperature check to … [Continue reading]