Central bank

  • Cryptocurrencies

Bitcoin Retreats to Mid-$57K Post-Fed Rate Decision

Quick Look: Bitcoin price currently consolidates around $57,000, down by 5%; Fed maintains high interest rates; reduces balance sheet contraction;… Read More

5 days ago
  • Forex

EUR/USD Faces 3.4% Drop Amid US and EU Economic Shifts

Quick Look: EUR/USD faces a pivotal week with key US and EU economic indicators. Resistance and support identified: Resistance at… Read More

2 weeks ago
  • Forex

USD/CAD Market Trends: Key Financial Events

Quick Look: USD/CAD nears key resistance at 1.36840-1.36860; support at 1.36720-1.36750. This week's key events include US economic reports, Bank… Read More

2 weeks ago
  • Forex

Chinese Yuan Trends: Economic Impact in 2024

Quick Look: Chinese Yuan is expected to depreciate to 7.35 by Q2 2024 and 7.45 by Q3. PBOC set the… Read More

2 weeks ago
  • Forex

Euro Wavers: ECB Rate Signals and Mixed Global Indicators

Quick Look: ECB Vice President hints at June rate cut, influencing EUR/USD exchange rates. Mixed PMI data presents a complex… Read More

2 weeks ago
  • Economy

IMF Forecasts 3.2% Global Growth in 2024

Quick Look:  IMF revises the 2024 global growth forecast by 0.1%, maintaining a stable outlook amidst global challenges. Advanced economies… Read More

3 weeks ago
  • Forex

GBP/USD Down 3.7%, Tests Key Support at 1.2430

Quick Look:  GBP struggles at 1.2430 against USD, down 3.7% from March highs. CPI, retail data influence GBP/USD amid Fed… Read More

3 weeks ago
  • Forex

EUR/USD Eyes 1.0665 Amid Mixed Central Bank Signals

Quick Look: EUR/USD shows potential for a minor rebound, facing mixed market sentiments. Key support at 1.0600-1.0605, with resistance near… Read More

3 weeks ago
  • Forex

NZD/USD Nears 0.5840 Amid Economic Slide

Quick Look: NZD falls to 0.5950. The bearish trend suggests a drop to 0.5840. Business NZ PSI contracts; BNZ forecasts… Read More

3 weeks ago
  • Forex

March CPI Rises 3.5% YOY, Strengthening USD

Quick Look: US CPI rose by 0.4% month-over-month, with an annual increase of 3.5%. March's Producer Price Index grew by… Read More

3 weeks ago
  • Forex

NZD/USD Dips Ahead of RBNZ Decision Amids Global Uncertainty

Quick Look: RBNZ is on a path to hold OCR at 5.5% amidst recession and falling inflation. NZ is in… Read More

4 weeks ago
  • Forex

Volatile Path of Euro: Key Levels and Economic Data

Quick Look: Euro faces resistance at 1.0880, with the 100 SMA at 1.0870 providing an additional barrier. Support levels were… Read More

4 weeks ago
  • Commodities

Aluminium’s Green Revolution: 5% Premiums Lead Change

Quick Look: Green premiums are rising, with a 5% premium for low or zero carbon emissions aluminium products. Middle-Eastern aluminium… Read More

1 month ago
  • Forex

USD/CHF Stalls at Key Support: What’s Next?

Quick Look:  Neutral intraday bias for USD/CHF, with key support at 0.8964. Eyes on resistance levels at 0.9070 and 0.9243… Read More

1 month ago
  • Commodities

Gold Hits Record $2,265 Amid Fed Cut Speculation

Quick Look: Gold (XAU) scores record high as prices soared unprecedentedly on Monday. U.S.-China economic health and Fed rate cut… Read More

1 month ago