Forex News and Market Analysis
Asian Markets Trade Higher In Thin Holiday Trades
Asian stock markets are mostly higher in thin trading on Friday when most of the markets are on Good Friday holiday, following the mixed cues from Wall Street overnight, as traders were reluctant to m... Full Article
European Economic News Preview: France Inflation Data Due
Inflation figures from France and Italy are the only main news due on Friday while several other major markets remain closed for a public holiday. At 3.45 am ET, France's statistical office INSEE pu... Full Article
Tokyo Core Inflation Softens In March
Core inflation in Japan's capital softened in March but continued to remain above the 2 percent target adding to the dilemma of the Bank of Japan as to how to steer the monetary policy after exiting n... Full Article
Yen to USD Rate Looking for New Highs After Tokyo Core CPI
We have seen increased weakness in the Yen to USD rate, which has pushed USD/JPY close to the record highs at 152 for the third time Full Article
Forex Signals Brief March 29: Locked and Loaded for Core PCE Inflation
After the Tokyo core CPI this morning, later we have the US PCE which will be the highlight of the week Full Article
Bitcoin Is Firm Amid A Mega Accumulation By Spot ETF Issuers
Bitcoin is stable when writing but has resistance at around the $71,700 zone. A bullish breakout might propel BTC to all-time highs Full Article
Ethereum Struggling Despite Institutional Interest: What’s Going On?
Ethereum is in a tight range, oscillating below $3,700. Any ETH close above this mark might see the coin rallying to $4,000 Full Article
XRP Under Pressure And Ranging: Has XRPL Failed As Claimed?
XRP is under pressure and ranging horizontally, looking at the performance in the daily chart. Key resistance is at $0.66 Full Article
Gold (XAU/USD) Hits $2233 Amid Fed Cut Rumors and Middle East Tensions; Buy Now?
On March 29, Gold (XAU/USD) advanced to $2233.12, marking a 1.74% increase, as investors gravitated towards safe havens Full Article
Ethereum (ETH) Grapples with Regulatory and Technical Hurdles Amidst Busy Week
Ethereum (ETH) is navigating a multifaceted environment this week, with developments in regulation, technical analysis Full Article
Bitcoin (BTC) Faces Options Expiry, Google Indexing, and B3 Futures Launch
Traders should be aware of several key factors influencing Bitcoin (BTC) today: A large options expiry on Deribit worth Full Article
S&P 500 Approaches 5,250 on Good Friday, Set for Best Quarter Since 2019
The S&P500 is maintaining its upward trend and set to end the week on a bullish note, trading near the 5,250 level. It has shown robust... Full Article
Dogecoin Price Forecast: Hits $0.221 Amid Social Media Integration Buzz
Dogecoin (DOGE) maintained its upward trend and hit the intra-day high around the 0.2210 level. The reason for its upward trend Full Article
U.S. Stocks May Show A Lack Of Direction In Early Trading
Stocks may show a lack of direction in early trading on Thursday following the strong upward move seen late in the previous session. The major index futures are currently pointing to a roughly flat op... Full Article
UK Confirms Q4 Recession
Confirming a mild recession in the UK, official data showed that the economy contracted as initially estimated in the fourth quarter. Gross domestic product fell by an unrevised 0.3 percent after a 0... Full Article
German Unemployment Rises Less Than Expected
Joblessness in Germany increased less than expected in February despite the economy undergoing severe downward pressures, official data revealed Thursday. The number of people out of work increased o... Full Article
U.S. Weekly Jobless Claims Unexpectedly Edge Slightly Lower
First-time claims for U.S. unemployment benefits unexpectedly edged slightly lower in the week ended March 23rd, according to a report released by the Labor Department on Thursday. The report said in... Full Article
U.S. Economy Unexpectedly Grew Faster Than Previously Estimated In Q4
The U.S. economy unexpectedly grew by more than previously estimated in the fourth quarter of 2023, the Commerce Department revealed in a report released on Thursday. Revised data showed real gross d... Full Article
Chicago Business Barometer Unexpectedly Indicates Faster Contraction In March
A report released by MNI Indicators on Thursday showed Chicago-area business activity unexpectedly contracted at an accelerated rate in the month of March. MNI Indicators said its Chicago business ba... Full Article
Biotech Stocks Facing FDA Decision In April 2024
World Health Day, observed annually on April 7th, provides an opportunity to focus on key public health issues. This date also commemorates the founding anniversary of the World Health Organization (W... Full Article