Trending
- USDJPY – Retreat gains momentum under pressure from a bull trap and a thick descending daily cloud
- US inflation increased less than anticipated in April, but economists forecast a stronger impact from tariffs in the upcoming months
- The Dow Jones soared as a fresh trade deal ignited investor risk appetite
- Crude oil prices extended gains as optimism around progress in US-China trade talks boosted market sentiment
- Gold prices plunge as renewed optimism dampens demand for safe-haven assets
- Bitcoin maintains its position above the 100K mark, with any downside likely to be limited before a potential push toward a new record high
- WTI Oil Reclaims Above \$60 as US-China Trade Talk Signals Ease Tensions
- Dollar Index – Maintains Bullish Bias Above Key 100 Level
- BTC/USD approaches the psychological \$100K mark as fading trade concerns fuel bullish momentum.
- The Bank of England lowers interest rates by 25 basis points, in line with expectations
Crude oil prices persist in their downward trend, putting pressure on a key support zone
WTI oil prices remain down for the third consecutive day, impacted by rising hopes of a ceasefire agreement in the Middle East and an increase in U.S. crude inventories.
Persistently high U.S. inflation continues to dampen expectations…
Read More...
Read More...
The dollar remains strong as expectations grow for the Federal Reserve to take a more hawkish stance
The dollar maintained its strong tone and reached new multi-month highs early on Wednesday, following a 0.56% surge fueled by stronger-than-expected U.S. data on Tuesday.
The U.S. employment cost index increased more than anticipated…
Read More...
Read More...
Gold prices continue to decline ahead of the Federal Reserve meeting and the release of non-farm…
Gold prices faced renewed pressure on Tuesday, losing around 1.5% so far and breaking through the pivotal $2,300 level, which aligns with key technical support levels such as the psychological barrier, the daily Kijun-sen, and the April…
Read More...
Read More...
Eurozone inflation remained stable in April, strengthening the argument for a potential rate cut by…
Eurozone inflation held steady at 2.4% in April, as anticipated, but core inflation, which excludes volatile items such as food, energy, alcohol, and tobacco, dipped to 2.7% from 2.9% in March, slightly above the expected 2.6%. The…
Read More...
Read More...
Economic activity in China across both manufacturing and services sectors declined in April –…
Recent data from China reveals a deceleration in growth across both the manufacturing and services sectors in April, indicating a loss of momentum for the world's second-largest economy at the start of the second quarter. Although strong…
Read More...
Read More...
Bitcoin remains under pressure and approaches a crucial support zone, with investors watching FOMC…
Bitcoin dropped 2.5% on Monday, maintaining a weak near-term outlook as the extension of the bear-leg from the April 23 lower top at 67,264 brings the key 60,000 support zone into focus.
A cluster of strong supports between 60,700 (daily…
Read More...
Read More...
USDJPY retreats from a fresh multi-decade high amid suspected market intervention
USDJPY surpassed the psychological 160 barrier and reached a new multi-decade high early Monday. This was followed by a sharp decline to the 155.00 area, possibly due to suspected market intervention.
The recent decline breached a key…
Read More...
Read More...
US inflation increased as expected in March – PCE
The Personal Consumption Expenditures (PCE) price index, a key inflation gauge favored by the Federal Reserve for its 2% target, increased by 0.3% month-over-month in March, matching the previous month's rate and…
Read More...
Read More...
USDJPY climbs above 156 as the Bank of Japan maintains interest rates
USDJPY reached a new 34-year high on Friday, driven by the Bank of Japan's decision to keep its ultra-low interest rates unchanged and the lack of clear guidance on the timing of the next rate hike, which further…
Read More...
Read More...
The Bank of Japan has maintained its ultra-low interest rates as anticipated
The Bank of Japan decided to keep its ultra-low interest rates steady, a widely anticipated move, and conveyed growing confidence in meeting its 2% inflation target in the coming years.
As expected, the BOJ maintained its ultra-low…
Read More...
Read More...