Share: UOB Group’s Senior Economist Alvin Liew and Senior FX Strategist Peter Chia review the latest MAS decision on its monetary policy conditions. Key Takeaways “MAS Apr 2023 MPS – The Monetary Authority of Singapore (MAS), in its scheduled … [Continue reading]
US: Drivers for the week ahead – BBH
Share: Analysts at BBH offer a sneak peek at what will be the key drivers and market-moving events from the US that will be closely eyed in the week ahead. Drivers as in events that influence financial markets, not as in scannable drivers … [Continue reading]
Gold Price Forecast: XAU/USD hesitates below $2,010 despite USD retreat, hawkish Fed concerns linger
Share: Gold price remains indecisive after luring bears the previous day. US Dollar tracks Treasury bond yields amid mixed concerns about recession, US debt ceiling talks. China-linked headlines, light calendar adds strength to the XAU/USD … [Continue reading]
US inflation expectations join the forces to support US Dollar Index rebound
Share: US inflation expectations, as per the 10-year and 5-year breakeven inflation rates from the St. Louis Federal Reserve (FRED) data, justify the market’s latest reassessment of the Federal Reserve (Fed) concerns by grinding higher in the last … [Continue reading]
Ethereum holders lose risk appetite, here’s what it means for ETH price
Share: Ethereum holders’ risk appetite is declining alongside a shift in behavior of large wallet investors. Analysts identified divergences in the crypto market that have resulted in a temporary pause in the altcoin’s growth. Ethereum … [Continue reading]
Bitcoin price likely to witness an explosive move to $50,000 on this condition
Share: Bitcoin veteran trader who predicted the 2023 crypto bull run predicted a massive BTC price rally to $50,000 on one condition. Bitcoin miners are still under pressure with rising hashrate, raising concerns of rising selling pressure on … [Continue reading]
Here’s what dYdX whales know about the token’s bullish potential
Share: dYdX whales holding between 100,000 to 1 million tokens have consistently accumulated the token since March. The accumulation of dYdX by whales has reduced the reserves of the token across exchanges, resulting in a decline in selling … [Continue reading]
Cardano whale activity signals this move in ADA price
Share: Cardano witnessed a massive uptick in whale activity, with a large volume of whale transactions, hitting a seven-day high. ADA price is currently in an uptrend and yielded 5% gains for holders overnight. Experts believe that … [Continue reading]
Ripple drops XRP from liquidity hub triggering FUD among XRP holders
Share: Ripple dropped XRP from its liquidity hub and explained that the altcoin will be evaluated alongside other tokens. XRP holders speculate that Ripple’s move is likely motivated by the SEC’s probable win in the lawsuit against the … [Continue reading]
Shiba Inu scaling solution Shibarium hits key milestone, SHIB price eyes recovery
Share: Shiba Inu’s Shibarium beta network Puppynet hit a key milestone as total transaction count tripled, crossing 3 million. The average block time on Puppynet is five seconds or less and the total number of wallet addresses on Shibarium … [Continue reading]