Share: The Japanese Yen ticks higher on stronger Tokyo CPI, albeit lacks follow-through. The BoJ policy uncertainty is holding back the JPY bulls from placing fresh bets. Traders also seem reluctant and prefer to wait for the US macro data/event … [Continue reading]
Stock Market Today: Nifty and Sensex eye a negative start to Tuesday’s trading
Share: India’s Nifty and Sensex are set to open in the red on Tuesday after a modest end on Monday. Nifty and Sensex refreshed record highs on Monday amid India’s growth story and the global rally. The focus shifts toward Fed Chair Powell and US … [Continue reading]
Bitcoin price nears all-time high as BTC market cap surpasses $1.3 trillion
Share: Bitcoin price is trading within the upper range of the November 2021 supply zone as crypto markets rally. BTC could reclaim its $69,000 peak, a level last seen in November 2021, with the potential for an extension to $70K. The pioneer … [Continue reading]
AUD/USD Forecast: Next on the upside comes 0.6560
Share: AUD/USD met some selling pressure and revisited 0.6500. Next support of note emerges at the 2024 low near 0.6440. Final Services PMI in Oz and Chinese PMI take centre stage on Tuesday. AUD/USD started the new trading week on the back foot, … [Continue reading]
Weekly Forecast: Powell’s testimony, the ECB and a full Nonfarm Payrolls buildup promise fireworks
Share: Fed Chair Powell testifies twice, setting the stage for the upcoming rate decision. The ECB is set to leave rates unchanged, but new forecasts may rock the boat. Top-tier US data releases culminate in the all-important Nonfarm Payrolls … [Continue reading]
Spain Unemployment Change fell from previous 60.404K to -7.452K 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]
Japanese Yen remains on the back foot against USD amid divergent BoJ-Fed expectations
Share: The Japanese Yen ticks lower in the wake of the BoJ policy uncertainty and the risk-on mood. Friday’s disappointing US data keeps the USD bulls on the defensive and might cap USD/JPY. Traders look to the Tokyo CPI report on Tuesday ahead of … [Continue reading]
South Korea Service Sector Output dipped from previous 0.3% to 0.1% in January
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]
Singapore Purchasing Managers Index down to 50.6 in February from previous 50.7
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]
Dogecoin Price Prediction: DOGE refuses to let WIF have all the fun
Share: Dogecoin is leading meme coins north, even though Dogwifhat is outperforming it. With DOGE defending the gains, the upside potential remains alive and the meme coin could reclaim its March 2 peak. If Dogecoin price loses the $0.1356 support, … [Continue reading]