Wednesday, April 24, 2024
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Bitcoin steady but uncertain

To start a more sustainable recovery wave, the digital currency needs to settle above $26,600 Bitcoin holds steady this week, oscillating above the $26,000 figure, with bullish bias dominating...

Euro remains depressed by rallying USD

EURUSD dipped to 1.0570 for the first time since March before bouncing marginally The euro fell to fresh multi-month lows as the US dollar extended its ascent across the...

Gold pressured by Fed’s hawkish pause

Powell raised the possibility of at least one more rate hike this year The price of gold has been trending lower for the third session in a row on...

Dollar steady ahead of Fed meeting

The central bank’s decision will set the tone for the greenback later in the week The US dollar looks steady on Tuesday after a modest three-day slide. The greenback keeps...

Oil at 10-month highs despite firmer dollar

Traders will soon shift focus to China that will reveal industrial production and retail sales data on Friday Oil prices have been trending north for the third week in...

Buyers pull bitcoin off the edge of a breakdown

The question now is whether the digital currency manage to extend the bounce and refrain from another sell-off After four days of losses, the price of bitcoin bounced on...

Gold keeps refreshing local lows

The metal is further pressured by the rallying dollar amid risk aversion Gold prices look relatively steady on Thursday after a three-day slide triggered by a stronger US dollar....

The yen needs BoJ intervention

The Japanese currency struggles to attract safe-haven demand as traders prefer to buy US dollars instead The Japanese yen has been on weak footing these days, struggling around November...

Oil looks steady due to supply worries

The bullish tone in the market could be capped by China of the upcoming economic figures continue to disappoint Oil prices have been relatively steady these days, oscillating around...

Dollar capped by upbeat risk sentiment

Fresh economic data out of the US that could provide more clues about the Fed’s next steps The US dollar keeps trending lower these days, as Treasury yields retreated from...