Yen Weakening on WednesdayGBPJPY is on the move today with the pair breaking out above the 184.40 level. JPY has weakened materially in recent days alongside an improvement in global risk appetite....
AUDUSD: Potential U-Turn at the Start of the New Year Fueled by Continued CPI Slowdown
The EURUSD's mid-term uptrend has hit the pause button, chilling in a tight range of 1.09-1.10 for the sixth day straight, hugging the lower edge of the trend channel:Last Friday's...
AUDUSD Testing Support Following Aussie CPI
Aussie CPI Falls AgainAUDUSD is testing key support today on the back of a weaker-than-forecast set of Aussie CPI figures overnight. Domestic CPI was seen printing 4.3%, year-over-year, last month,...
Today's The Day for Bitcoin
SEC Decision DueTraders are bracing for plenty of volatility across crypto markets today with the SEC due to decide on the current batch of spot-Bitcoin ETF applications. Yesterday, the market was...
Bitcoin Breaking Out As Traders Await SEC Decision
Bitcoin Rally ContinuesBitcoin prices broke out to their highest levels yesterday since early 2022. The driver behind the move is ongoing optimism ahead of the upcoming SEC deadline tomorrow. The SEC...
Copper Price Plunge Deepens
Copper Fall DeepensCopper prices are coming under fresh selling pressure on Tuesday as the correction lower continues. The futures market is now down around 5% from last year’s highs as geopolitical...
EURJPY Caught Between ECB/BOJ Outlook
Dovish ECB ViewEURJPY remains under pressure today with the market back below the 158.50 level after a failed attempted breakout last week. The pair has been capped by the level since early December...
Crude Dropping on Saudi Price Cuts
Saudi Arabia Cuts Selling PriceOil prices came under pressure on Monday as traders digested news of fresh price cuts from de-facto OPEC leader Saudi Arabia. The kingdom slashed the official selling...
Bitcoin Rallying Ahead of SEC Deadline
BTC Higher on MondayBitcoin prices are on the rise today as optimism over expected SEC approval of ETF applications continues to build. The SEC currently has until January 10th to decide on the...
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