Japan Chief Cabinet Secretary Yoshimasa Hayashi said on Friday that he expects the Bank of Japan (BoJ) to conduct appropriate monetary policy in close cooperation with the government. Market reaction At the time of writing, USD/JPY is trading … [Continue reading]
Silver Price Analysis: XAG/USD dips below $27.00 after hitting multi-year high
Silver pulls back from $27.33 amid geopolitical concerns, market caution. Bullish trend holds, with supports at $25.91, $25.08. Rebound above $27.00 may target recent high, with eyes on $28.00, subject to market shifts. Silver’s retreats after … [Continue reading]
Pendle Finance hits nearly $4 billion in TVL amid novel-yield structure
Yield-bearing methods on Pendle trading volume reach $10 billion. Restaking protocols are fueling the TVL rise on Pendle. Pendle price may take off following growth in on-chain metrics. Pendle Finance's total value locked (TVL) skyrocketed to $3.97 … [Continue reading]
US Dollar is weakening vs commodity FX; strengthening against safe-havens – BBH
The US Dollar (USD) is showing divergent behavior against counterparts depending on their risk profile, according to Strategists at BBH. Whilst it is mostly falling against commodity currencies due to an improved outlook for global growth, it … [Continue reading]
Spain HCOB Services PMI registered at 56.1 above expectations (55.5) 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]
Near Protocol price poised for a strong rally if history rhymes
Near Protocol price has made a good retest, precipitating an explosive move if bulls hold support. NEAR could rally 50% to $10.24 with a successful bounce like it happened after January’s retest of $2.76. The bullish thesis would be invalidated upon … [Continue reading]
Gold steady near $2,300, supported by lower US yields and weaker US Dollar
Gold price soars, supported by weakening US Dollar in face of high Treasury yields. XAU/USD was boosted by Fed Chair Powell hinting at rate cuts within the year, contingent on sustained inflation decline. Despite a strong job market as shown by ADP … [Continue reading]
Dow Jones Industrial Average picks up as soft US data boosts risk appetite
Dow Jones bounces up as soft US services data eases concerns about a “higher for longer” monetary policy outlook. US Services activity softened against expectations in March with the Prices Paid sub-index posting its lowest reading in … [Continue reading]
Ethereum consolidates after decline as Coinbase analysts raise concerns about “hidden risks” of restaking
Ethereum's price has been consolidating since the recent crypto market correction weakened the bullish sentiments of traders. Coinbase analysts have warned of the risks that restaking protocols carry. Ethereum Foundation developers have been the … [Continue reading]
Pound Sterling pares gains ahead of Fed Powell speech
The Pound Sterling faces pressure above 1.2580 on cautious sentiment. The UK Manufacturing PMI signaled expansion in March for the first time in two years. Investors see the BoE kick-start the rate-cut cycle in June. The Pound Sterling (GBP) … [Continue reading]