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The US Dollar fals back to session’s low and is set for a more than 2% loss this week in Dollar Index. US President Trump delivered softer comments that tariffs on China might not finally be imposed. The US Dollar Index (DXY) falls below 107.50 and is testing more downside. The US Dollar Index (DXY), […]
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Este artículo también está disponible en español. The consistent retail demand for Bitcoin at the $100,000 mark, which indicates high investor confidence, has recently drawn notice. However, because short-term holders are driving the present accumulating trend, market watchers are warning of a possible fall to $95,000. Related Reading Retail Investors Accumulate At Record Pace Retail […]
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The Euro (EUR) has managed to push a little more decisively through the low 1.04 area overnight, with the help of easing, for now, tariff concerns and firmer than forecast PMI data, reflecting solid, German Services data, Scotiabank’s Chief FX Strategist Shaun Osborne notes. EZ PMIs and narrower spreads help Euro gains “Eurozone Manufacturing PMI […]
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Este artículo también está disponible en español. Hedera (HBAR) has emerged as a standout performer in the current market cycle, demonstrating resilience and strength even amid uncertainty and volatility. After reaching a multi-year high last Friday, HBAR experienced a sharp correction, dropping over 22%. Despite this pullback, the price action suggests that Hedera is gearing […]
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The Pound Sterling (GBP) is tracking its major currency peers higher against the USD on the session—but is lagging the EUR somewhat, Scotiabank’s Chief FX Strategist Shaun Osborne notes. PMI data and USD softness push GBP/USD upwards “UK PMI data was also supportive, however. Services PMI rose to 51.2 in January, ahead of forecasts of […]
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My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in […]
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Gold sees over 2.50% gains up for grabs for this week. President Trump commented that he might not impose tariffs on China after a phone call with China’s Xi Jingping. Gold is near an all-time high at $2,790 and is set to close off the week with a firm gain. Gold’s price (XAU/USD) is rallying […]
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The EIA released its weekly natural gas storage report in which US working storage was reported to have fallen by 223Bcf, less than the 248Bcf draw the market was expecting. The smaller-than-expected draw and forecasts for some warmer weather saw Henry Hub tick lower yesterday, ING’s commodity analyst Warren Patterson notes. Concerns over EU gas […]
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On-chain data shows the Bitcoin Network Value to Transactions (NVT) Golden Cross has plummeted recently. Here’s what this could mean for BTC’s price. Bitcoin NVT Golden Cross Has Plunged Into Bottom Zone Recently As explained by an analyst in a CryptoQuant Quicktake post, the BTC NVT Golden Cross has declined to the lowest level in […]
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President Christine Lagarde delivers remarks in Davos today after having reiterated the guidance for gradual cuts earlier this week, ING’s FX analyst Francesco Pesole notes. EUR/USD is a touch away from 1.050 “That echoed what we have heard from other ECB members – even the more hawkish ones – and next week’s expected rate cut […]
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