Sunday, April 14, 2024
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Oil steadies after plunge to six-month lows

US crude oil output remained near record highs last week, adding to bearishness in the market Oil prices have steadied on Thursday after a solid four-day...

Bitcoin at fresh highs amid ETF approval anticipation

The coin derailed the $42,000 mark to find resistance around $42,300 that capped the ascent and triggered some retreat The price of bitcoin rallied to fresh...

Dollar bounces after another slide

On the data front, the US economy accelerated at a 5.2% annualized pace in the third quarter The US dollar bounce slightly on Wednesday after finding...

Euro clings to the upper end of extended range

EURUSD holds above the key SMAs, trying to confirm the recent break above the 1.0900 figure The euro came off local lows to turn positive on Thursday...

Oil steadies after climb, focus shifts to Fed, OPEC

The alliance is expected to consider additional production cuts Oil prices extended gains at the start of the week to add more than 2% on Monday....

Bitcoin rally pauses, overall bullish tone persists

The coin rallied despite the delay in the approvals of Hashdex’s and Grayscale’s spot ETF applications Bitcoin saw another solid rally during the previous session to...

Dollar at the crossroads ahead of inflation report

Weaker-than-expected figures would hurt the currency further and could trigger a deeper retreat The US dollar struggles for direction on Tuesday after the recent slide from...

Oil demand muted, market lacks momentum

In part, the bounce in oil prices is due to a weaker dollar that was pressured by a more dovish Fed Oil prices bounced on Thursday...

Bitcoin needs sustained impetus

Market participants are wondering whether it’s time to buy bitcoin or more attractive buying opportunities could be expected The price of bitcoin holds relatively steady these...

Dollar trims losses, volatility persists

Despite the recent sell-off, the downside potential looks limited at this stage The dollar tries to bounce after the recent plunge amid a retreat in US...