Analysis

Altcoins’ reverse traction

Altcoins’ reverse traction

Expert market comment from senior analyst Alex Kuptsikevich of the FxPro Analyst Team: Altcoins’ reverse traction
FxPro | 503 days ago
USD/JPY Hanging Around Intervention Point at 105.000 - Will BoJ Hike Rates?

USD/JPY Hanging Around Intervention Point at 105.000 - Will BoJ Hike Rates?

The USD/JPY pair has re-entered the intervention zone, crossing the 150-level for the first time since November, driven by robust US inflation data this week. Despite being the weakest G10 currency year-to-date, the yen's underperformance against non-dollar currencies reflects a renewed appetite for carry positions, as market participants perceive a reduced risk of a near-term rate hike from the B
ACY Securities | 503 days ago
Chinese Consumers Experience a Bustling Lunar New Year

Chinese Consumers Experience a Bustling Lunar New Year

During this year's Lunar New Year (LNY) holidays, China experienced an unprecedented surge in population migration, setting new records across road, rail, and air travel. The two weeks leading up to the LNY witnessed a remarkable increase in total passenger traffic, surpassing previous years' figures.
ACY Securities | 503 days ago
Dollar in wait and see mode, kiwi extends gains

Dollar in wait and see mode, kiwi extends gains

Dollar trades mixed as traders await tomorrow’s Fed minutes - Kiwi extends gains on bets that the RBNZ could hike again - Aussie remains unimpressed by hawkish RBA minutes - China announces biggest ever cut in 5-year LPR
XM Group | 504 days ago
Daily Global Market Update

Daily Global Market Update

Explore today's market highlights: gold stagnates, Euro holds steady, Pound dips slightly, and Bitcoin faces a 0.4% decrease. Global stocks face challenges, Chinese markets gain post-Lunar New Year, and ARK Invest sells Coinbase shares. EU targets a €500 million fine for Apple.
Moneta Markets | 504 days ago
Weekly Technical Outlook – USDJPY, EURUSD, GBPUSD

Weekly Technical Outlook – USDJPY, EURUSD, GBPUSD

Will USDJPY find its next bullish catalyst this week to resume its uptrend? EURUSD stays victim to the dollar; needs significant gains to violate downtrend.GBPUSD supported, but not bullish yet; focus on 1.2700 region.
XM Group | 505 days ago
DXY Holds Strong Ground – Eyeing the 105+ Level!

DXY Holds Strong Ground – Eyeing the 105+ Level!

The resurgence of the US dollar in 2024 persists, driven by robust jobs data and resilient inflation. Expectations for a full Fed rate cut have shifted to June, leading to the USD reaching three-month highs against currencies like AUD and JPY. The upcoming post-holiday sentiment in China will be crucial for AUD, but if the market sentiment leans towards stable Fed rates in the first half of the ye
ACY Securities | 505 days ago