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]
Colombia Consumer Price Index (MoM) came in at 0.7%, above expectations (0.67%) 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]
Bitcoin price tags $69K as BlackRock enhances Wall Street’s presence in BTC market
Bitcoin price remains above the November 2021 supply zone, extending from $58,375 to $65,518. BlackRock has expanded its list of authorized participants, drawing more players in the BTC ETF market. BTC’s 60-day correlation with altcoins has fallen to … [Continue reading]
Gold hits new all-time high amid solid US jobs data, geopolitical tensions
Gold hits record highs, defying US Nonfarm Payrolls spike and US Dollar gains, highlighting safe-haven status. Fed rate cut outlook adjusted after employment data, central bank remarks. Geopolitical tensions and strong demand from China bolster … [Continue reading]
GBP/USD Weekly Forecast: Pound Sterling struggles on fresh US Dollar strength
The Pound Sterling rebounded from seven-week lows against the US Dollar. GBP/USD recovery set to fade heading into the US inflation week. The Pound Sterling still targets 1.2400, as the daily RSI remains below 50.00. The Pound Sterling (GBP) failed … [Continue reading]
XRP price ranges below $0.60 despite Ripple stablecoin launch announcement
Ripple announced plans to release a USD-backed stablecoin on the XRPLedger and Ethereum blockchains in 2024. Ripple’s move is aimed at boosting the utility and liquidity on the XRPLedger, however XRP price continues to decline. XRP price is … [Continue reading]
USD/CAD gains traction above 1.3560, focus on US and Canadian labour market data
USD/CAD trades in positive territory for the second consecutive day around 1.3565 in Friday’s early European session. Fed’s Barkin noted disinflation is likely to continue, but the pace of that remains unclear. Canada’s trade surplus widened to … [Continue reading]
Japan’s Hayashi: Expects BoJ to conduct appropriate monetary policy
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]