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Where is the U.S. Rate Going? CPI Data Ahead

Feb. 12, 2024

EUR/USD: Bears Still in Charge Amid Signs of Bullish Pressure The U.S. interest rate remains the hottest topic in the Forex markets and although just a few weeks ago, its path was somewhat certain, now things are looking blurry again. The majority of market participants expected a rate cut at the March meeting but it […]

Bitcoin Blows Past $45K in a “Buy the Dip” Frenzy

Feb. 09, 2024

BTC/USD – Retest of Broken Level or Flawless move to $49,000? After spending 8 days in a very tight range below $45,000, the Digital Gold – Bitcoin – has jumped above this key resistance and is currently trading at $46,200. We’ve talked many times about the possible/probable drop that followed the spot Bitcoin ETF approval […]

Dollar Peaks After NFP Surprise. Rate Cuts Pushed Back?

Feb. 05, 2024

EUR/USD Support Threatened as the Greenback Gains Traction. The Dollar has been on fire after the double main events of last week, namely the Fed Chair’s Press Conference and the Non-Farm Payrolls report that blew expectations out of the water. During the press conference, Fed Chair Jerome Powell pushed back bets about a rate cut […]

ETFs Are Yesterday’s News… The Halving Is Upon Us!

Feb. 02, 2024

Bitcoin Bulls Win the $40K Battle. Is $45K Next? Things are moving fast in the world these days and even faster in the crypto trading world. People are eager to jump on the next piece of news and the next potential market mover. But it’s a world where the anticipation, the rumor, almost has a […]

Fiscal Fireworks: NFP & Rates Rock U.S. Outlook

Jan. 29, 2024

Charting the Course: EUR/USD Amidst Market Shifts U.S. inflation data offered mixed signals last week, as the Core PCE Price Index showed an increase for December (previous 0.1%; actual 0.2%) but decreased from a yearly perspective (previous 3.2%; actual 2.9%). The greenback had a mixed week, with the US Dollar Index (DXY) opening at 103.23 […]

Buy the Rumor, Sell the News – It Worked Once Again

Jan. 26, 2024

BTC/USD: The Battle for $40K Is On! Ever since the rumors about spot Bitcoin Exchange-Traded Funds (ETF) started to spread, the crypto market has been on fire, with rallies happening all over the place. Every hint that the U.S. Securities and Exchange Commission (SEC) would likely approve the Bitcoin ETFs was met with a bump […]

Forex Focus: European Central Bank Rate & US PCE Index

Jan. 22, 2024

Technical Perspective: EUR/USD at Crossroad The greenback staged a comeback last week, boosted by rate speculation and a strong rebound in Treasury yields. Just last week, Wall Street pundits were predicting close to 160 bps of rate cuts during 2024, but this forecast has now changed to roughly 124 bps of cuts for 2024. According […]

Bitcoin ETFs: A Tale of Caution and Optimism

Jan. 19, 2024

BTC/USD – Buy the Rumor, Sell the News? Ever since it caught the public’s eye, Bitcoin has been a polarizing subject, with harsh critics on one side and vocal adopters on the other. Now that Bitcoin ETFs are approved, the bickering will continue, despite the nod of approval that the Crypto King just received. Jamie […]

Persistent Inflation: Will It Deter a March Rate Cut?

Jan. 15, 2024

EUR/USD Technical Overview: A Choppy Start to 2024. Although last week was relatively lackluster in terms of economic releases, two indicators made the headlines and gave mixed signals regarding inflation in the U.S. The yearly Consumer Price Index (CPI) jumped from the previous 3.1% to 3.4%, while the monthly figure increased by 0.3% (previously 0.1%). […]

2024’s First Major Financial Shift: Spotlight on Bitcoin ETFs

Jan. 12, 2024

A Wild 2024 Begins: The Good, The Bad and The Ugly. On Wednesday, the financial world witnessed a significant shift as the SEC approved 11 spot Bitcoin ETFs. The greenlighted funds hail from notable firms like Bitwise, Grayscale, Hashdex, BlackRock, Valkyrie, BZX, Invesco, VanEck, WisdomTree, Fidelity, and Franklin Templeton. The Good U.S. investment app Robinhood […]