Since the beginning of this week, the NZDUSD pair has been moving within a white price triangle, which lies between price channels representing the last two weeks' movements. It generally indicates an upward trend with varying extensions. The price...
Analyzing the current state of the EUR/USD pair, it's evident that the exchange rate at 1.0684 reflects ongoing market dynamics. The current bearish trend indicates a decline in the value of the euro relative to the U.S. dollar. This downward...
The USD/JPY is trading slightly below the critical 160 level at a moderate pace reported overpurchase situations; Sellers are waiting below 158.35-159.00 BoJ intervention is possible; U.S. core PCE inflation is due at 12:30 GMT Friday After a...
Date: 26th June 2024. Market News – European Stocks Follow US Gains, Inflation Pressures Rise in Australia. Financial Markets Performance: * The USDIndex firmed but off its 105.78 peak. * USDJPY held just below the critical 160 per Dollar level,...
Asset Tokenization: What should you know? One of the fast-growing trends in the crypto industry is that of asset tokenization. The tokenization of real-world assets is proving to be a revolutionary concept that boosts the liquidity and...