News
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U.S. Inflation Subsides, Labour Market Still Going Strong
EUR/USD Pushes Higher, Overbought RSI Comes Into Play. Last week’s PCE Price Index showed that inflation in the U.S. is starting to recede, which weakened the greenback and…
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Bitcoin Sees Short-Term Revival, Reclaims $17K
The Markets Are Getting Ready for NFP. Volatility on the Rise. Macroeconomic conditions continue to improve and the Fed is getting ready to slow the pace of the…
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The Dollar Backs Off as Fed Policy Shift Nears
Weekly Round-Up: Inflation, Non-Farm Payrolls, and More. The greenback is trading at multi-month lows, weighted by speculation that the Fed is preparing to slow the pace of its…
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Fed Pivot Becomes Imminent. How Will It Affect Crypto?
Bitcoin Continues the Grind. Where Are the Bulls? Earlier in the week, major cryptocurrencies and altcoins surged as the FOMC minutes revealed that the pace of rate increases…
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FOMC and ECB Meeting Minutes Eyed for Rate Clues
Dollar Boosted by Safe-Haven Demand. As inflation in the U.S. seemed to cool off, the greenback retreated and allowed its major counterparts to rally, weakening the long-term downtrend.…
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El Salvador & Bitcoin: The Love Story 1 Year Later
Fresh Breakout or the Downtrend’s Swan Song? Approximately 1 year ago, El Salvador decided to make Bitcoin legal tender but the value of the country’s holdings has dwindled…
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The Mighty Dollar Falls as Inflation Slows
Euro Bulls Run Into Heavy Resistance The U.S. CPI finally dropped below expectations last week and the US Dollar was quick to answer, allowing most of its counterparts…
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Binance – FTX Deal Falls Through. Bitcoin Takes the Blow.
CPI Below Forecast. Is the Fed’s Plan Working? Bitcoin traded below $16,000 for the first time since November 2020, following the demise of the FTX exchange and…
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US Dollar Slows After Mixed Jobs Data. CPI Ahead.
EUR/USD Below Parity Again but Bottoming Signs Are in Place Last week the Fed added another 75 bps to the interest rate and Chairman Powell suggested that the…
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Bitcoin Bounces at $20K. NFP Eyed for New Direction
Crypto Is Not Scared by Powell. Altcoins Surge. As widely expected, the Fed decided to add 75 bps to the interest rate, while Chair Powell emphasized the continued…
