Weekly

Shifting rate hike and recession odds moved the major currencies around this week, mainly sparked by U.S. reports that pointed to a less hawkish Fed.Meanwhile, talks of higher interest rates in the Eurozone while the region is still…

UPCOMING EVENTS:Monday: UK Bank Holiday, Australian Retail Sales.Tuesday: Japan Unemployment Rate, US Consumer Confidence, US Job Openings.Wednesday: Australia CPI, US ADP.Thursday: Japan Retail Sales, Chinese PMIs, ECB…

After the late-business week pump and dump that drove BTC to a six-day high, the cryptocurrency has returned to $26,000 as it did during the last weekend as well. Most altcoins are also calmer today, with XRP and SHIB…

Risk sentiment tossed and turned throughout the week leading to a mostly choppy market as traders balanced broad recession fears with major economic & central bank event updates. The market spotlight was on Chinese stimulus updates…

This week kicked off with an underwhelming PBOC announcement, before the spotlight turned to mostly downbeat PMI readings and the Jackson Hole Symposium. A bit of risk-taking and anti-dollar sentiment lifted the commodity currencies…

UPCOMING EVENTS:Monday: PBoC LPR.Wednesday: NZ Retail Sales, AU/JP/EZ/GB/US PMIs, Canada Retail Sales.Thursday: US Jobless Claims. Friday: Fed Chair Powell speaks at the Jackson Hole Symposium (24-26 August).MondayThe PBoC is…

After a prolonged period of silence near the critical $30K threshold, the price has encountered significant rejection, resulting in a swift and rapid decline. However, the current scenario shows the price consolidating…

As the global economic downturn continues, especially with headwinds in China, the Nikkei 225 recorded a big weekly loss as stocks fell. The Japanese Nikkei 225 index has seen its largest weekly loss in eight months. On Friday, the…

Bitcoin’s troubles continue as the asset has returned below $26,000 after exceeding that level yesterday following the price flash crash. Most altcoins have also seen daily declines, with ETH and BNB dropping by 1.5% once…

Stronger-than-expected U.S. and U.K. data releases supported hawkish biases for the Fed and BOE, boosting both the U.S. dollar and British pound to the top of this week’s rankings. Meanwhile, China’s growth concerns kept a lid on the…