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The US dollar is falling sharply, causing the EUR/USD pair to rise. The dollar's weakness has fueled dovish comments from Fed officials, especially on the gradual approach to interest rate cuts.This sentiment is supported by recent US…

US government Over 10,000 Bitcoins Moved Recently (BTC) from a government-linked wallet, a transaction worth about $600 million, to a Coinbase Prime-linked wallet. The move follows a previous $2 billion transfer in late July. The U.S.…

The People's Bank of China sets the medium-term lending facility rate on the 15th of each month. The rate is currently 2.3%, after the People's Bank of China made a surprise interest rate cut on the 25th of last month!There is a widespread…

the US Dollar The Australian dollar fell against major currencies today as signs of easing inflation emerged, further supporting the possibility of a Federal Reserve interest rate cut in September.The U.S. consumer price index, a key…

the Japanese Yen The pound fell against the US dollar on Monday, after a strong run last week. Markets, especially Japanese ones, were rocked last week by the end of the once-popular yen carry trade, which involves borrowing yen at a low…

In the opening video for August 9, I take a look at three major currency pairs, EURUSD, USDJPY, and GBPUSD from a technical perspective.For the EUR/USD pair, the pair is trading up and down during today’s trading, but has found resistance…

Major US stock indexes are trading mixed in early trading. The Nasdaq and S&P were little changed. The Dow Jones Industrial Average was down.A picture of the market 11 minutes after opening, showing:The Dow Industrial Average fell…

The AUD/USD pair fell to its lowest level since November 2023 on Monday as Japanese stocks tumbled. However, after breaking below the 2024 low at 0.63614, the price only managed to reach 0.6348 before retracing and starting to recover.…

The NZD/USD pair fell to its lowest level this year on Monday on the back of a sharp decline in the Nikkei 225 (-12.4%). However, this new low was only a few pips above the April 2024 low, and the price rose sharply. The momentum stalled…

Cryptocurrencies It has seen a recovery from Monday's massive sell-off, with Solana (SOL) leads the charge.Solana (SOL) has emerged as a strong competitor in the cryptocurrency market, often referred to as the “Ethereum Killer"."…