Analysis

Resting Bitcoin

Resting Bitcoin

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Resting Bitcoin
FxPro | 446 days ago
FX Daily: EUR, USD & NZD

FX Daily: EUR, USD & NZD

A fall in US job openings yesterday put recessionary fears back in focus. Today, I think USD is highly vulnerable to sub-consensus readings in the ISM services index.
ACY Securities | 446 days ago
Disappointing US data fuel downturn concerns

Disappointing US data fuel downturn concerns

Asian equities fell following US declines on recession concerns after disappointing services activity. China's Caixin services PMI rose to Nov 2020 levels due to eased COVID restrictions. UK PMI construction update expected for rebounds in commercial activity and civil engineering, but housing activity dropped for the third consecutive month.
Moneta Markets | 446 days ago
What is happening on AUD?

What is happening on AUD?

The main macro event yesterday afternoon has been the RBA’s latest policy meeting. The Australian Dollar has weakened modestly initially following the RBA’s policy decision by around -0.3% against the US Dollar and -0.4% against the New Zealand Dollar. It does though follow strong gains yesterday for the Australian Dollar that have only been partially reversed so far.
ACY Securities | 447 days ago
March service sector indicators in focus

March service sector indicators in focus

New Zealand's central bank raised interest rates by 50 basis points, surprising markets. German factory orders for February rose 4.8%. Today, the US ISM services index is released, with strong services activity casting doubt on interest rate cuts. US Treasury yields fell, while the dollar fell against the euro and sterling.
Moneta Markets | 447 days ago
Ethereum’s overtaking

Ethereum’s overtaking

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Ethereum’s overtaking
FxPro | 447 days ago
What will be the Ueda BOJ's first moves?

What will be the Ueda BOJ's first moves?

Rate hikes by the Fed have entered a final phase due to financial system instability caused by bank failures. The Fed's hawkish stance of raising rates for ‘higher and longer’ has softened, sapping momentum from the USD/JPY's swing back toward 140.
ACY Securities | 448 days ago
Bitcoin’s intense shake-up

Bitcoin’s intense shake-up

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Bitcoin’s intense shake-up
FxPro | 448 days ago