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Bitcoin is actually a store of energy, and that changes everything
Serving as a currency backed by energy of any source, bitcoin has solved problems that have been tied to money throughout history. Read Full Story The...
Gold, silver price today, june 20, 2023: yellow metal records hike, silver trades lower on mcx | check rates here
Gold is trading on the higher side of the Multi Commodity Exchange (MCX) while silver prices have recorded a dip on Tuesday, June 20. Gold futures, ma...
Cryptocurrency price today: bitcoin fails to rise above $27,000, ethereum remains below $1,800
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours: Read Full Story The post Cryptocurrency Price Today: Bitcoin F...
Dax set for a bullish open with fed chair powell in focus
It is a relatively busy day for the DAX. German producer price index numbers influence ahead of Fed Chair Powell’s testimony on Capitol Hill. The po...
Hang seng index, asx200, nikkei 225: pboc sends the hang seng south
This morning, the PBoC failed to impress, sending the Hang Seng Index into negative territory. Fed Chair Powell angst added to the bearish mood. The p...
China rate cuts not really lifting broader market mood for now
In case you missed the earlier headline:PBOC Loan Prime Rates (LPR) CUT: 1-year 3.55% (prior 3.65%) & 5 year 4.20% (prior 4.30%)It has been coming sin...
Bitcoin price prediction as btc starts forming bullish chart pattern – where is the next btc target?
Bitcoin (BTC) shows promising signs of a bullish trend as it forms a three-white soldiers pattern on the price chart. Read Full Story The post Bitcoin...
Rba bullock: economy needs to grow at a below trend pace for a while
In a speech, RBA Deputy Governor Michele Bullock noted the economy needs to “grow at a below trend pace for a while” to bring demand and supply in...
Shy datika's inx gets $5.25m investment with a buyout offer
The INX Digital Company (NEO: INXD), a New York-based digital asset broker-dealer partly owned and headed by the former Anyoption CEO Shy Datika, has ...
More signs of natural gas in bottoming process; sentiment points to upside in crude oil
Crude oil and natural gas trends appear to be converging. Sentiment in crude oil is quite bullish, raising the prospect of some gains in price. In con...
Vimeo announces the first end-to-end ai-powered video creation suite to dramatically simplify how video is made
The company’s latest AI tools, including its first integration leveraging generative AI, enable anyone to create a fully produced video in minutes b...
Gold price forecast: for how long will 100 dma guard the xau/usd downside?
Meanwhile, Gold buyers continue to find support at the flattish 100 DMA at $1,943. Therefore, the range play is likely to extend ahead of the mid-tier...
Aud/usd analysis: uptrend continuation from 0.6818-05 weekly support [video]
AUD/USD has come under renewed selling pressure and is challenging 0.6800 after the PBOC cut the Loan Prime Rate by the expected 10 bps while the less...
Eur/usd at risk of sub-$1.085 on german stats and fed chair powell
It is a busy day for the EUR/USD. German PPI numbers will kickstart the day. However, Fed Chair Powell testimony will have more influence The post EUR...
Chart art: gold (xau/usd) headed for triangle support again!
Remember that gold triangle we had been watching a while back? Well, it looks like the precious metal is ready for another test of support!......
Rba dep gov bullock says higher rates are the only tool the rba has to curb inflation
Reserve Bank of Australia Deputy Governor Bullock speaking, indicating there are further rate hikes to come from the Bank. The comment on 'need to slo...
Plenty of federal reserve speakers ahead - bullard, barr, williams
A heads up to for potential economic outlook/policy comments from these that could shift markets. Bullard and Williams are never shy of expressing opi...
Global equities outlook
The recovery of the equities market since the beginning of the year has benefitted from two factors. On the one hand, even though macro data remains w...
Pboc cuts two key lending rates
China’s PBoC executed cuts to two of its pivotal lending rates today, marking the first time such adjustments have been made in 10 months since last...
Citi cuts its china gdp forecast for 2023 to 5.5%, from 6.1%
Reuters conveying the headline that Citi cuts its China 2023 GDP growth forecast to 5.5% from 6.1%.To further details at this stage. There have loads ...
Gbp/usd analysis: trend continuation above 1.2679 weekly support [video]
AUD/USD has come under renewed selling pressure and is challenging 0.6800 after the PBOC cut the Loan Prime Rate by the expected 10 bps while the less...
Rba minutes: finely balanced arguments for hold and hike
Minutes from RBA’s June 6 monetary policy meeting reveal an active debate over whether to hold or raise the cash rate by 25bps. As stated in the min...
Rba dep gov bullock says employment and economy need to grow below trend for a while
Reserve Bank of Australia Deputy Governor Michele Bullock speechSummary Headlines via Reuters: Employment, economy need to grow below trend for a whil...
Xrp set for a choppy session with fed chair powell and the sec in view
XRP continues to fall short of $0.50, with a lack of progress in the SEC v Ripple case capping the upside. However, court rulings could come at any ti...
Usdcad daily analysis – june 20, 2023
The USDCAD currency pair has been in a persistent downtrend, remaining below a falling trend line on the 4-hour chart. This trend line resistance has ...
Usd/chf sticks to modest intraday gains above mid-0.8900s, lacks bullish conviction
USD/CHF scales higher for the third straight day, albeit lacks follow-through buying. A goodish pickup in the US bond yields boosts the USD and lends ...
(rba) minutes of the monetary policy meeting of the reserve bank board
Sydney – 6 June 2023 Members present Philip Lowe (Governor and Chair), Michele Bullock (Deputy Governor), Mark Barnaba AM, Ian Harper AO, Carolyn He...
Usdjpy daily analysis – june 20, 2023
The USDJPY currency pair has experienced a notable upside move, extending from 133.49 to reach a high of 142.24. This upward momentum suggests that fu...
Reserve bank of australia deputy governor michele bullock speech - live link
Reserve Bank of Australia Deputy Governor Michele Bullock speech begins at:0315 GMT/ 2315 US Eastern time/ 1.15pm Sydney timeI'll have the headlines, ...
Forexlive asia-pacific fx news wrap: the pboc cut rates, as expected
Bank of England's Hall speaks on Tuesday, 20 June 2023 - not on monetary policyJapan's Industry Minister says FX stability is importantAUD/USD lower a...
Audusd daily analysis – june 20, 2023
The AUDUSD currency pair experienced a significant development as it broke below the rising price channel on the 4-hour chart. This breach suggests th...
Gbp/usd: dips turn attractive in near-term
Key Highlights GBP/USD climbed above the 1.2750 and 1.2800 resistance levels. A major bullish trend line is forming with support near 1.2765 on the 4-...
Usd/cad climbs to 1.3230 area on weaker oil prices, modest usd strength
USD/CAD gains traction for the second straight day and recovers further from the YTD low. Weaker Oil prices undermine the Loonie and lend support amid...
Pound sterling price news and forecast: gbp/usd remains sidelined after reversing from 14-month high
GBP/USD regains upside momentum, after a downbeat start of the week, as it rises to 1.2800 amid the early hours of Tuesday’s Asian session. In doing...
Nzdjpy wave analysis
NZDJPY reversed from resistance level 88.00 Likely to fall to support level 87.20 NZDJPY currency pair recently reversed down after the pair failed to...
