June 20, 2023 7:40 am
Key points AUD/USD extends pullback from Friday’s 4-month peak RBA policy makers fret over upside inflation risks, June Minutes showed China disappoints with smaller LPR cut AUD/USD extended losses from the prior trading day on Tuesday, retreating almost 0.6%, after the Reserve Bank of Australia noted in its June policy meeting minutes that the decision […]
Read moreJune 19, 2023 9:35 am
Key points GBP/USD trades in proximity to Friday’s 60-week peak UK CPI numbers for May, Bank of England’s policy meeting outcome in focus Dollar eyes Fed Chair Powell’s testimony GBP/USD was mostly steady on Monday, being not far from recent 60-week peak, as market players were expecting congressional testimonies by Fed Chair Jerome Powell later […]
Read moreJune 19, 2023 7:24 am
Key points USD/INR trades just above a five-week low Rupee tracks weakness in other Asian currencies Markets await key congressional testimonies by Fed Chair Jerome Powell for rate path clues USD/INR edged higher on Monday, with the rupee tracking a drop in other Asian currencies, while market players were on the lookout for clues regarding […]
Read moreJune 16, 2023 9:32 am
Key points EUR/USD trades in proximity to 1-month peak European Central Bank delivers 8th consecutive rate hike, deposit facility rate at 22-year high ECB flags more policy tightening to bring inflation back down to 2% target US Dollar Index gains restrained after soft US data string EUR/USD scaled a fresh one-month peak on Friday, after […]
Read moreJune 16, 2023 7:23 am
Key points USD/JPY trades within area near recent 29-week peak of 141.504 The Bank of Japan keeps short-term interest rate intact at -0.10%, maintains 0% cap on 10-year bond yields BoJ move in sharp contrast to ECB policy decision US Dollar gains limited after soft US economic data USD/JPY gained ground decisively on Friday, while […]
Read moreJune 15, 2023 1:54 pm
The price of Bitcoin fluctuated considerably during the course of the last 24 hours, peaking at $26,017.77 and falling to $24,902.15, respectively, from a starting price of around $25,984.32. These price ranges suggest a moderate level of market volatility. Key Points: Bitcoin’s value falls under $25,000 Opening at $25,984.32, the price ranged between $24,902.15 and […]
Read moreJune 14, 2023 8:44 am
EUR/USD traded not far from recent three-week peak, as surprisingly soft US CPI inflation report reinforced prospects that the Federal Reserve would probably abstain from raising interest rates later on Wednesday. US consumer price inflation slowed down to 4% in May, or the lowest annual level since March 2021, data by the Bureau of Labor […]
Read moreJune 11, 2023 1:42 pm
According to digital assets data provider Kaiko, Bitcoin traded at a slight discount on Binance.US during the June 9 trading hours. The drop followed the exchange’s decision to suspend fiat trading channels beginning June 13. #BTC now trades at a slight discount on https://t.co/pup2WYms9R after news broke that the exchange may halt USD withdrawals 🚨 […]
Read moreJune 11, 2023 11:30 am
*Mysterious Bitcoin whale moves over $36 million in BTC after 10 years of dormancy, revealed in a tweet Ki Young Ju, CEO of CryptoQuant. *On-chain data reveals that 1,400 BTC was sent to a Pay-to-Taproot (P2TR) address. *P2TR transaction provides enhanced privacy and flexibility for users. *In 2023, several long-dormant Bitcoin wallets have suddenly become […]
Read moreJune 6, 2023 9:07 am
AUD/USD registered a fresh three-week high on Tuesday after the Reserve Bank of Australia delivered an unexpected rate hike, which brought borrowing costs to their highest level since April 2012. The RBA raised its cash rate by 25 basis points to 4.10% at its June policy meeting earlier on Tuesday, while confounding market expectations of […]
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