Bitcoin Price Hovers Under $100K: Is Momentum Fading?
This article is also available in Spanish.
Bitcoin price is struggling to test the $100,000 level. BTC is consolidating and may attempt another surge from the $95,000…
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Ethereum Struggles Below $3,659 Resistance: Is Momentum Fading?
This article is also available in Spanish.
Ethereum It is grappling with a critical resistance level at $3,659 as momentum appears to be waning. After a period of steady…
Spot Bitcoin ETFs Witness Persistent Negative Outflows, A Sign Of Fading Confidence?
This has turned out to be a bleak week for Bitcoin spot trading funds (ETFs) as the historical products have seen consistent negative outflows in the past few days in light of recent price volatility.
Spot Bitcoin ETFs record…
Is the Bullish Momentum Fading?
This article is also available in Spanish.
Ethereum price continued its decline below the $2,450 level. ETH is now consolidating and may have difficulty recovering above the…
UBS cuts US dollar targets; recommends fading any strength By Investing.com
Investing.com - UBS has cut its long-term targets for the U.S. dollar, looking to outpace the currency's rally as early as September.
At 08:45 ET (12:45 GMT), the dollar index, which tracks the greenback against a basket of six other…
Retail sales miss in May indicative of fading consumer momentum
Investing.com - Analysts from Wells Fargo (NYSE:) noted on Tuesday that weaker-than-expected May data indicated a decline in consumer spending.
Retail sales data for May came in slightly lower than expected, rising just 0.1%.…
Why is the fiscal impulse fading despite ‘unsustainable’ deficits? BofA discusses By…
In a note issued earlier in the week, economists at Bank of America explored why fiscal impetus has faded despite persistently large deficits.
The bank's latest US weekly economic review noted that the slowdown in private and public…
US stocks pare gains as spiking yields on fading rate-cut bets offset Nvidia rally By Investing.com
Investing.com -- U.S. stocks gave up gains on Tuesday, after Treasury yields rose as data pointing to signs of steady inflation dampened interest rate cut hopes, offsetting Nvidia-led charges in technology stocks.
At 14:28 ET (18:28…
US stocks fall as Treasury yields ride fading rate-cut hopes higher By Investing.com
Investing.com -- U.S. stocks fell Monday, pressured by rising Treasury yields after data pointing to underlying strength in the U.S. economy cooled investor expectations for sooner rather than later Federal Reserve rate cuts.
At 13:25 ET…
Long AUD/USD Downtrend May Be Fading at Last
This article focuses on the fundamental outlook for the Australian dollar. If you would like to learn more about technical forecast and price action analysis, download DailyFX’s complete second-quarter forecast by clicking the link below.…
