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Market Analysis and News
Your updates of the most important trading news, insights and analysis.
Get the latest news and insights straight from Alpari's in-house market analysts.
With easy-to-follow explanations and expert sentiment on news, events and potential price movements of the global markets, you'll have the in-depth knowledge you need to harness the next opportunity with confidence.
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![Ethereum touches below $3000 psychological level again](/s3-static/2024-05/drawkit-illustrations-8iIUDnRq87o-unsplash_2.jpg)
08 May 10.22
Ethereum touches below $3000 psychological level again
The drop comes amid the Grayscale's decision to withdraw its ETH futures ETF application. A diminishing chance of ETH spot ETF approval by the SEC is also taking a toll on the current price action.
![AUDUSD edges lower towards 100-period SMA following the RBA commentary](/s3-static/2024-05/aussie_dollar_coin_drop_fall.jpg)
07 May 10.53
AUDUSD edges lower towards 100-period SMA following the RBA commentary
According to Bloomberg's forex model, there is a 73.2% probability that the AUDUSD pair will trade within a range of 0.65070 - 0.66840 in the next 7 days.
LATEST ANALYSIS
![Brent to drop the most on the weekly basis since February?](/s3-static/2024-05/david-thielen-R5Ob28wpWzo-unsplash.jpg)
03 MAY
13:57
Brent to drop the most on the weekly basis since February?
Yesterday oil prices managed to slightly rebound after a 3-day slide. Support came in the form of market expectations that the US may replenish its strategic reserves.
Now Brent bulls are fighting hard to stay above yesterday’s close at ~83.50.