Market News & Analysis

Market Analysis and News

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BTC displays caution as the markets are getting ready for US CPI release.
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15 May 10.26

BTC displays caution as the markets are getting ready for US CPI release.

Higher than expected inflation may contribute to the Fed's potential decision to keep interest rates higher for longer. High interest rates can have a negative impact on riskier assets, including crypto.

USDInd rebounds ahead of Fed Chair Powell’s speech
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14 May 10.39

USDInd rebounds ahead of Fed Chair Powell’s speech

The USD Index continues to consolidate within 105.093-105.827 range ahead of Fed Chair Powell’s speech today (May 14) and key U.S. macroeconomic data scheduled for release today and tomorrow (May 14-15).

LATEST ANALYSIS
BTC displays caution as the markets are getting ready for US CPI release.
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15 MAY clock 10:26

BTC displays caution as the markets are getting ready for US CPI release.

Higher than expected inflation may contribute to the Fed's potential decision to keep interest rates higher for longer. High interest rates can have a negative impact on riskier assets, including crypto.
USDInd rebounds ahead of Fed Chair Powell’s speech
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14 MAY clock 10:39

USDInd rebounds ahead of Fed Chair Powell’s speech

The USD Index continues to consolidate within 105.093-105.827 range ahead of Fed Chair Powell’s speech today (May 14) and key U.S. macroeconomic data scheduled for release today and tomorrow (May 14-15).
GBPUSD bulls are trying to move closer to 200-period SMA
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13 MAY clock 11:49

This Week: GBPUSD bulls are trying to move closer to 200-period SMA

Stronger than expected wage data could push cable up to its 50-day simple moving average at ~1.2599, while softer numbers might see the major pull back towards 1.24.
Oil heads toward $85/bbl on Increasing Odds of US Rate Cuts
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10 MAY clock 13:14

Oil heads toward $85/bbl on Increasing Odds of US Rate Cuts

Oil bulls are pushing the BRN upwards towards $85/bbl after the higher-than-expected U.S. initial jobless claims report, which could contribute to the highly anticipated interest rate cuts by the Fed.
Gold is on the way to reach $2400 again?
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10 MAY clock 10:24

Gold is on the way to reach $2400 again?

XAUUSD is moving higher towards the psychological level of $2400 after the latest US jobless claims data, which increased bets for a Fed rate hike.
Roblox tests $40 psychological mark ahead of Q1 2024 earnings release
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09 MAY clock 13:49

Roblox tests $40 psychological mark ahead of Q1 2024 earnings release

The markets imply a 13.8% move in the stock during the day following the release of the report.
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