DXY: US Dollar Index. Trump's statements weaken the dollar The U.S. dollar index ( DXY ) is down for a second straight day, hitting a new monthly low, down nearly 0.40% on the day and remains on track for a second straight week of losses. Markets...
Bitcoin, as of January 26, 2025, continues to exhibit notable volatility, reflecting its position as a leading cryptocurrency in the global market. Currently trading near $102,500, Bitcoin is navigating a delicate balance influenced by macroeconomic...
The Bank of Japan raised rates to the highest since 2008 On Friday, the Bank of Japan increased interest rates by 25 basis points, bringing them to 0.5%. This was the highest discount rate level since 2008. This decision is due to the regulator's...
The AUD/USD pair is entrenched in a persistent downward trend, with the pivotal resistance level of 0.6550 remaining unbroken despite multiple recovery attempts. This failure to breach a key technical level has cemented the bearish outlook, as...
The AUD/USD pair continues its descent within a firmly entrenched bearish trend, reflecting a confluence of technical and fundamental factors working against the Australian Dollar. A pivotal resistance level at 0.6550 serves as a psychological...
