USD/JPY: Export surge and policy watch shape Yen – BNY
BNY’s Head of Markets Macro Strategy Bob Savage reports Japan’s exports posted their biggest rise since 2022, yet the Japanese Yen barely reacted, with USD/JPY slightly lower.
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XRP Price Signals Potential Upside Reversal After Prolonged Weakness
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance […]
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Silver recovers above $74.50 on safe-haven demand, FOMC Minutes loom
Silver price (XAG/USD) rises to near $74.75 on Wednesday at the time of writing, up 1.90% on the day. The white metal rebounds amid persistent tensions between the United States (US) and Iran, which boost safe-haven demand. Iranian Foreign Minister Abbas Araqchi said on Tuesday that the US and Iran reached an understanding on main […]
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Ethereum Price Anchors At $1,920 — Can Bulls Ignite A Fresh Upside Leg?
Ethereum price found support near $1,920 and recovered some losses. ETH is now consolidating and faces key hurdles near $2,020. Ethereum is attempting a fresh recovery wave above $1,965. The price is trading below $2,000 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $1,955 on the hourly […]
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Will RBNZ Governor Breman signal rate hikes are coming to fight stubborn inflation?
The Reserve Bank of New Zealand (RBNZ) remains on track to maintain the Official Cash Rate (OCR) at 2.25% after concluding its first monetary policy meeting of this year on Wednesday. The decision to keep its benchmark rate steady would follow three consecutive cuts, signaling a pause in the current easing cycle. The decision is […]
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Crypto Funds Bleed $173M As Outflows Extend To Fourth Week
Crypto exchange-traded products (ETPs) have extended their negative streak to a fourth consecutive week after US market weakness pushed global funds to over $170 million in weekly outflows. Related Reading Crypto Funds Outflows Extend Amid US Weakness According to the latest CoinShares data, crypto-based investment products recorded their fourth week of outflows amid the negative […]
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Gold dips as USD strength, risk-on sentiment weigh before FOMC Minutes
Gold (XAU/USD) attracts some follow-through selling for the second straight day and slides to the $4,922 area during the Asian session on Tuesday amid thin liquidity on the back of the Lunar New Year holidays in China. The commodity, however, lacks bearish conviction and holds above last week’s swing low as traders await more cues […]
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Bitcoin Capitulation Or Buy Zone? What On-Chain Data Shows
Bitcoin is sitting at a “critical point,” with traders split between two familiar scripts: a full capitulation event, or the early innings of a durable bottoming process. In a Feb. 15 video explainer, CryptoQuant analyst Maartunn argued the data is starting to line up for the latter, but with a clear caveat that any bottom […]
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Dips below 0.8700 with bulls losing steam
The Euro (EUR) extends losses below 0.8700 against the British Pound (GBP) on Monday, approaching the bottom of last week’s trading range, at 0.8685, after being rejected from the top of the broader downtrend channel, which now lies around 0.8720. The pair dropped 0.3% on Friday, despite the upward revision of the Eurozone Gross Domestic […]
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XRP Spotlighted In German Media With Bold $9 Projection
XRP has edged back above $1.40 after weeks of uneven trading, but some investors believe the quiet recovery could be the start of a longer story. Related Reading The token was changing hands near $1.43 at last check, still far from past highs. While the broader crypto market remains cautious, fresh comments from a European […]
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