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US Dollar Technical Analysis: EUR/USD & GBP/USD Rebound, USD/JPY Flat
US Dollar Technical Analysis: EUR/USD & GBP/USD Rebound, USD/JPY Flat
Mar 25, 2024
US DOLLAR FORECAST – EUR/USD, GBP/USD, USD/JPY Most Read: US Dollar Forecast: PCE Data to Steal Show; EUR/USD, USD/JPY, GBP/USD Setups The dollar fell slightly on Monday, but losses were moderate and probably contained by rallying U.S. Treasury yields. Many traders decided to take profits after the greenback's strong performance last week, while others avoided taking large directional positions in...
US Dollar Forecast: PCE Data to Steal Show; EUR/USD, USD/JPY, GBP/USD Setups
US Dollar Forecast: PCE Data to Steal Show; EUR/USD, USD/JPY, GBP/USD Setups
Mar 23, 2024
Most Read: U.S. Dollar Outlook Market Sentiment: USD/JPY, USD/CAD, USD/CHF The U.S. dollar, as measured by the DXY index, strengthened this past week, closing at its best level since mid-February on Friday. Despite initial losses following the Fed’s dismissal of renewed inflation risks and indications that it was still on track for 75 basis points of easing this year, the...
Yen Update: USD/JPY Dips after BoJ Minutes, Concern over Volatile Moves
Yen Update: USD/JPY Dips after BoJ Minutes, Concern over Volatile Moves
Mar 25, 2024
Japanese Yen (USD/JPY) Analysis BoJ minutes extend the ‘carry trade’ as officials rule out rapid rate hikesLike clockwork, Japan’s top currency diplomat voices dissatisfaction with recent yen volatility, weaknessIG Client sentiment ‘mixed’ despite massive short positioningThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library BoJ...
Oil Update: Russia
Oil Update: Russia
Mar 23, 2024
Brent Crude Oil News and Analysis Over 150 missiles and drones fired in latest attack on UkraineOil prices ease into the weekend despite attacks on energy infrastructureIG client sentiment focuses on recent changes in positioning to arrive at bearish biasThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our...
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Crude Oil Prices Rise as Market Awaits Fed Decision, Weighs New Russian Sanctions
Crude Oil Prices Rise as Market Awaits Fed Decision, Weighs New Russian Sanctions
Dec 18, 2024
05:03 AM EST, 12/18/2024 (MT Newswires) -- Crude oil prices gained ground early on Wednesday as investors await the expected interest rate cut from the U.S. Federal Reserve and weigh potential impacts of additional Russian sanctions. A cautious tone persists as the market watches out for clues on interest rate moves for 2025, Reuters reported. The Federal Open Market Committee...
US STOCKS-Futures inch higher as markets await Fed decision
US STOCKS-Futures inch higher as markets await Fed decision
Dec 18, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures up: Dow 0.20%, S&P 500 0.24%, Nasdaq 0.18% Dec 18 (Reuters) - U.S. stock index futures were higher on Wednesday, as traders waited for the Federal Reserve's final rate decision of the year and signals on whether policymakers...
INDIA BONDS-India bond yields end flat, traders eye Fed rate decision, outlook
INDIA BONDS-India bond yields end flat, traders eye Fed rate decision, outlook
Dec 18, 2024
MUMBAI, Dec 18 (Reuters) - Indian government bond yields ended little changed on Wednesday, ahead of the monetary policy decision from the U.S. Federal Reserve and the accompanying guidance for 2025. The benchmark 10-year bond yield ended at 6.7465%, compared with the previous close of 6.7588%. Market is waiting for the Fed meeting, and guidance and dot plot projections would...
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Wednesday as Traders Await Fed Rate Decision
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Wednesday as Traders Await Fed Rate Decision
Dec 18, 2024
08:24 AM EST, 12/18/2024 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.3% and the actively traded Invesco QQQ Trust (QQQ) advanced 0.3% in Wednesday's premarket activity as traders anticipate another interest rate cut following the Fed's policy meeting later in the day. US stock futures were also higher, with...
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Will Solana Surge Back Above $200 Soon? Three Things to Watch This Week (SOL Price Analysis)
Will Solana Surge Back Above $200 Soon? Three Things to Watch This Week (SOL Price Analysis)
Mar 20, 2024
After an impressive rally that broke above $200, bears returned. Key Support levels: $164, $120 Key Resistance levels: $206, $260 1. Bears Return With Bitcoin and Ethereum falling lower, Solana could not hold on its own and sellers pushed it into a deeper pullback that reached the support at $164. As long as this key level holds, Solanas uptrend remains...
Ripple (XRP) Price Hits an ATH But It’s Not What You Think
Ripple (XRP) Price Hits an ATH But It’s Not What You Think
Mar 20, 2024
TL;DR XRP experienced a notable, though glitch-induced, spike in its price observed on a cryptocurrency platform. Analysts are optimistic about a potential bull run, closely watching the outcome of Ripples lawsuit with the SEC, which may significantly impact the tokens future valuation. Ripples XRP has been hovering between $0.60 and $0.70 in the past several weeks, currently standing at the...
Trezor’s X Account Compromised in Potential Swim Swap Attack
Trezor’s X Account Compromised in Potential Swim Swap Attack
Mar 20, 2024
The official X account of Trezor, a renowned hardware wallet manufacturer, fell victim to a devastating compromise, likely organized through a SIM swap attack. The breach resulted in fraudulent messages flooding the platform, promoting fake token sales and wallet scams. Trezor Account Breach The alarm was first raised by ZachXBT, an anonymous on-chain sleuth, who, on March 19, alerted users...
Bitcoin Spikes 4% After Federal Reserve Maintains Rates At FOMC
Bitcoin Spikes 4% After Federal Reserve Maintains Rates At FOMC
Mar 20, 2024
Bitcoin (BTC)’s price spiked on Wednesday following the latest Federal Open Markets Committee (FOMC) meeting, at which the Federal Reserve announced no changes to interest rates. The decision keeps the central bank’s benchmark rate between 5.25% and 5.50%, and pushes back investors’ hopes of a more dovish pivot for markets in the near term. Bitcoin traded for $62,000 one hour...
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