Bitcoin continues its downward trajectory, slipping below the $97,000 level on Thursday amid mounting selling pressure. The recent outflow of over $568 million from U.S. spot Bitcoin Exchange-Traded Funds (ETFs) underscores a waning demand for the...
The main events by the morning: February 6 Saudi Arabia increased the price of Arab Light oil for Asia by $2.40 per barrel in March, reaching the maximum price increase since August 2022. This is due to higher premiums for Middle Eastern raw...
I observe that the USD/CHF pair has rebounded sharply from recent losses, climbing over 0.36% to trade at 0.9048, a move that suggests renewed bullish momentum. I attribute this recovery to the pair finding strong support near the 50-day Simple...
The NZD/USD currency pair is currently navigating a period of consolidation, trading within a defined range between the 20-day and 50-day simple moving averages (SMAs). Resistance is observed at the 0.5725 level, while support lies at 0.5740....
Market expectations surrounding Donald Trump's economic policies, including stricter immigration measures, tax reductions, and increased import tariffs, have fueled speculation about stronger growth and rising inflation in the U.S. economy. This, in...
