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Solana (SOL) could be facing one of its most critical technical tests in recent months, with crypto trader Jussy warning that a breakdown at a key level could trigger a collapse toward prices not seen since previous bear market cycles. With the cryptocurrency trading above this level and forming two bearish patterns across multiple timeframes, […]
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The Dow Jones Industrial Average fell 600 points, or 1.15%, tumbling back below 49,000 on Friday, capping off a turbulent final trading week in February. The S&P 500 dropped around 0.7% while the Nasdaq Composite lost roughly 0.9%. All three benchmarks finished February in the red, weighed down by a combination of sticky inflation data, […]
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It has been a rough stretch for Bitcoin. Prices have been pinned between $60,000 and $70,000 for weeks, and a brief dip below $67,000 on Thursday did little to ease investor nerves. Related Reading Now, a handful of analysts are saying the worst of the selling may finally be over — though what comes next […]
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ING’s Bert Colijn notes Eurozone inflation fell to 1.7% in January on energy base effects and is expected to stay just under 2% through 2026, with core at 2.2% and close to target. He says this leaves the European Central Bank in a good position, with little change expected in February data and unemployment still […]
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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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The USD/CAD pair trades with mild losses near 1.3675 during the Asian trading hours on Friday. US policy fog continues to weigh on the US Dollar (USD) against the Canadian Dollar (CAD). Traders brace for the Canadian Q4 Gross Domestic Product (GDP) and US January Producer Price Index (PPI) reports, which are due later on […]
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Bitcoin is now inching towards $70,000, but there is enough to worry about around $64,000. Crypto analyst Tara expressed concern that Bitcoin’s fifth wave may not be complete, with a prediction that further downside could still be ahead. In a recent post on X, the analyst noted that the current move could either be the […]
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Brown Brothers Harriman’s (BBH) Elias Haddad notes the Dollar is mixed within a multi‑month range while USD/CNH continues to grind lower, reaching its weakest level since March 2023. The bank sees further downside potential as a stronger Yuan supports China’s shift toward consumption-led growth. The PBOC is allowing appreciation but tempering expectations via a stronger-than-forecast […]
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Crypto analyst Austin is making a bold claim about XRP’s latest price action, and if he is right, the cryptocurrency could make history. Following a decline below $1.4 earlier this week, Austin believes XRP is now setting the stage for a move that could change its price trajectory, potentially ending its ongoing corrective phase and […]
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Nordea’s Group Chief Economist Helge J. Pedersen notes that Prime Minister Mette Frederiksen has called a Danish parliamentary election for Tuesday, March 24. The current three-party government of the Social Democrats, Venstre and the Moderates is unlikely to remain unchanged. Pedersen highlights that the Danish economy is sound and sees little risk of major economic […]
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