Share: EUR/SEK is flying higher to 11.80. Economists at Société Générale analyze Krona's outlook. Riksbank’s room for manoeuvre is limited The Swedish CPI is finally coming back from double-digit territory, but is still the highest in G10 and very … [Continue reading]
AUD/USD nosedives 40 pips to 0.6650 on RBA inaction
Share: AUD/USD takes offers to reverse early-day gains, prod three-day uptrend, after RBA’s dovish surprise. RBA stays away from rate hike after two consecutive hawkish surprises, keeps benchmark rate unchanged at 4.10%. Yield curve inversion … [Continue reading]
The Graph price shoots up 30% in 24 hours, but the AI-token rally might be short-lived
Share: The Graph price rallied by more than 30% in a day, trading at a two-month high of $0.138. GRT leading the increase in the crypto market also led to realized profits hitting a monthly high. The MVRV ratio, along with price indicators, is … [Continue reading]
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC makes modest leap above $31,000
Share: Bitcoin price remains promising into the new week, toned by a modest foray above $31,000. Ethereum price eyes the zone above $2,000 as correlation with the flagship crypto continues. Ripple price eyes a deepening correction unless buyer … [Continue reading]
Gold Price Forecast: XAU/USD to have little reason to move significantly higher anytime soon – TDS
Share: Gold fell last week as investors bet on further rate hikes by the Fed. Economists at TD Securities analyze XAU/USD outlook. High probability of another 25 bps in late-July Investors are worried that a lack of economic weakness in the US and … [Continue reading]
Dollar can find some support this week – ING
Share: The month of June saw the dollar weaken against all G10 currencies except for the Japanese Yen, but the greenback has been quite supported in the past few days. Economists at ING analyze USD outlook. Data in focus amid thin holiday volumes … [Continue reading]
Will Bitcoin price face negative effects from Federal Reserve’s two rate hikes?
Share: Bitcoin price is still stuck in a rangebound movement for the eleventh day with no directional bias in sight. Altcoins have seized the opportunity, rallying massively over the past few days. The US Federal Reserve's upcoming rate hikes could … [Continue reading]
Australia Building Permits (YoY) up to -9.8% in May from previous -24.1%
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]
Shiba Inu resists selling pressure from sale of 94 billion SHIB tokens by Poly Network hackers
Share: Shiba Inu price sustained above $0.00000759 despite mass SHIB token sale by hackers of DeFi platform Poly Network. Upwards of 94 billion SHIB tokens were sold by Poly Network hackers, increasing the selling pressure on the meme … [Continue reading]
Ethereum creator Vitalik Buterin believes staked Ether is at risk of being stolen
Share: Buterin shared his thoughts on how multisig wallets work and disclosed the biggest reason why he is staking only a small fraction of his Ether. According to the Ethereum co-founder Buterin, multisig for staking is fairly difficult and it is … [Continue reading]