March

As usual with the first week of every month, the FX calendar was packed with top tier events, including the monthly U.S. jobs updates, and the markets reacted accordingly. Our strategists focused largely on very short-term setups, with a…

UPCOMING EVENTS:Tuesday: Japan PPI, UK Labour Market report, US NFIB Small Business Optimism Index, US CPI.Wednesday: UK GDP, UK Industrial Production, Eurozone Industrial Production.Thursday: US PPI, US Retail Sales, US…

Over the weekend we got the news that OPEC+ will extend the voluntary output cuts for another quarter. Saudi Arabia will extend its voluntary cut of 1 million bpd through the end of June as well with cuts to be reversed 'gradually',…

TL;DR Achieving a $100,000 Bitcoin price is speculative, influenced by regulatory and technological changes, along with market sentiment and investor actions. The current rally is seen as more stable, supported by the introduction of spot…

© Reuters. A U.S. Dollar note is seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration/File photo By Amanda Cooper LONDON (Reuters) - The yen was set for its biggest daily rally versus the dollar this year…

FOR IMMEDIATE RELEASEMarch 6, 2024The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening.Global economic…

Federal Reserve Chair Powell is heading to Congress on Wednesday and Thursday to present one of his twice-a-year testimonies. First up will be his appearance before the House Financial Services Committee on March 7:at 10 am Washinton time…

TL;DR Analysts predict a bullish future for XRP, expecting a substantial price increase to nearly $2 by July due to technical indicators and market factors. Optimism is fueled by Ripple’s legal developments and the Bitcoin…

UPCOMING EVENTS:Monday: Switzerland CPI.Tuesday: Tokyo CPI, China Caixin Services PMI, Eurozone PPI, US ISM Services PMI.Wednesday: Australia GDP, Eurozone Retail Sales, US ADP, BoC Policy Decision, US Job Openings, Fed…

London’s Mayor, Sadiq Khan, has officially announced today that a groundbreaking trial will kick off next Friday, 8th March.This initiative will see Tube and rail fares on pay as you go with contactless and Oyster cards set to off-peak…