Bitcoin (BTC) held steady during Friday's Asian hours after Bank of Japan (BOJ) lifted the benchmark borrowing cost to the highest in 17 years while raising inflation forecasts.If the outlook presented in the January Outlook Report will be realized,...
The spot price faces notable headwinds as crude oil prices remain subdued. Canada, being the largest crude oil exporter to the United States, is particularly sensitive to fluctuations in oil prices. West Texas Intermediate (WTI) crude has hovered...
The EUR/NZD currency pair continues to trade with a bearish bias, with a potential downside of 58 to 84 pips if the critical resistance at 1.8404 remains intact. This level acts as a decisive barrier, determining whether sellers can maintain control...
The GBP/AUD pair remains in a robust uptrend, with a projected rise of 85 to 127 pips, contingent on its ability to stay above the key support level at 1.9710. This support level serves as the linchpin for the pair’s bullish momentum and will be...
The Australian Bureau of Statistics revealed that the Australian economy expanded at a slower-than-anticipated pace, growing by 0.8% year-on-year compared to 1% in the prior quarter. Economists had forecast annualized Q3 GDP growth of 1.1%. Every...
