AUD/JPY drops to near 102.00 after RBA’s decision to keep its policy rate unchanged
AUD/JPY struggled after the RBA decided to keep the policy rate unchanged at 4.35% on Tuesday. Analysts from Commonwealth Bank and Westpac forecast that the RBA's interest rate could have reached its ...
Pound Sterling holds positive ground around 1.2560
The GBP/USD pair trades in positive territory for the fifth consecutive day near 1.2560 during the Asian session on Tuesday. The weaker US Dollar (USD) provides some support to the major pair. The ...
The impact of economic indicators and global dynamics on the US Dollar
The expectation of a softer stance on monetary policy could give US dollar bears a reason to rally. However, the currency might see some consolidation in the short term, especially with pivotal US ...
RBA set to keep key interest rate on hold, turn hawkish as inflation remains high
But much water has passed under the bridge since then. On the one hand, the Monthly Consumer Price Index (CPI) rose 3.5% YoY in March, while on the other hand, the latest wage growth figure indicated ...
Australian Dollar remains firmer ahead of RBA interest rate decision
The Australian Dollar rises due to the hawkish sentiment surrounding the RBA’s policy decision. The Australian central bank is anticipated to keep the cash rate unchanged at 4.35% during its May ...
Gold price extends its upside as markets react to downbeat jobs data
Investors will keep an eye on Fed’s Kashkari’s speech later on Tuesday.
EUR/USD edges lower to near 1.0750 due to the upward correction in the US Dollar
On Monday, Bloomberg report, European Central Bank (ECB) Chief Economist Philip R. Lane stated that recent Eurozone data have increased his confidence in inflation returning to the 2% goal, ...
Cryptocurrencies Price Prediction: Ethereum, Ton & Bitcoin — Asian Wrap 07 May
Ethereum's (ETH) price movement on Monday is leaning toward short traders following investors' uncertainty in the wider crypto market. However, Ethereum in centralized exchanges (CEXs) has been on a ...
Elliott Wave expects new all time high in Nvidia (NVDA) [Video]
Short term Elliott Wave View on Nvidia (NVDA) suggests the stock ended correction on 4.20.2024 at 756.06. From there, the stock starts a new impulsive rally. Up from 4.20.2024, wave 1 ended at 846.07 ...
Bitcoin miner Marathon Digital stock gains ground after listing by S&P Global
Marathon saw its stocks rise by 18% on Monday after being announced by S&P Global in its SmallCap 600 index. Following Bitcoin miner Marathon Digital's inclusion as an upcoming member of the S&P ...
PBoC sets USD/CNY reference rate at 7.1002 vs 7.0994 previous
The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1002 as compared to the previous day's fix of 7.0994 and 7.2143 Reuters estimates.
Ethereum traders show uncertainty, SEC delays decision on Invesco's ETH ETF application
Ethereum holdings on centralized exchanges continue to decline despite recent whale sales. With Robinhood Crypto as the ...