SNB Slashes Policy Rate In Half
Image Source: Overview: The US dollar is mostly softer today, but the tone is mostly one of consolidation. The Swiss National Bank surprised with a 50 bp cut and the franc …
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Bitcoin Surges Past $100,000 Once Again Amid Shifts In Regulatory Landscape
Bitcoin () recaptured the vital on Wednesday, following weeks of consolidation below it. This rebound has been attributed to rising confidence in the digital currency sector’s future regulatory environment under President-elect …
Read More AUD/USD Rebound Halts At 0.6425 And Keeps The Bearish Trend Intact
The Australian Dollar accelerated its rebound from year-to-date lows following stronger-than-expected Australian employment data seen earlier today. The pair, however, has met resistance at 0.6430. which keeps the broader negative …
Read More EUR/USD Forex Signal: Drops Before ECB Decision
Bearish view Sell the EUR/USD pair and a take-profit at 1.0400. Add a stop-loss at 1.0600. Timeline: 1-2 days. Bullish view Buy the EUR/USD pair and set a take-profit at …
Read More AUD/USD Forecast: Aussie Jumps As Jobs Data Surprises
The AUD/USD forecast made a sharp bullish turn on Thursday after a surprise jump in Australia’s employment. Meanwhile, the greenback dropped after inflation figures met expectations, raising the likelihood of …
Read More BTC/USD Forex Signal: Eyes $106K Amid Recovery
Bullish view Buy the BTC/USD pair and set a take-profit at 106,000. Add a stop-loss at 97,000. Timeline: 1-2 days. Bearish view Set a sell-stop at 99,000 and a take-profit …
Read More EUR/USD Under Pressure US Inflation, France, And ECB Rate
Image Source: The EUR/USD pair declined to 1.0504 on Thursday, influenced by investor reactions to the latest US inflation data. The November US Consumer Price Index (CPI) showed a rise …
Read More The Bank Of Canada Cut The Rate Again By 0.5%
Image Source: At the end of Wednesday, the Dow Jones Index (US30) fell by 0.22%. The S&P 500 Index (US500) is up 0.82%. The Nasdaq Technology Index (US100) jumped 1.85% …
Read More CPI Was On The Screws: The Fed Has The Green Light
Yesterday’s CPI report was seemingly the last hurdle for the Fed to cut interest rates. With the CPI index matching Wall Street forecasts, the Fed Funds futures market now implies …
Read More What Should We Expect? What Should We Do?
Image source: With the election behind us, both sides are marking their territory. Last week Chuck Butler and I began discussing what to expect. I’m a believer that those who …
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