BTC Slips Despite Inflation FallIt continues to be a frustrating time for Bitcoin bulls with the market still caught in flux around the $68k mark roughly. BTC futures came under heavy selling pressure...
EUR/USD Surges Above 1.0800 Amid Softer US Inflation Data
The EUR/USD pair broke through the key 1.0800 level during Wednesday’s New York session, spurred by unexpectedly mild US inflation figures for May. The latest Consumer Price Index report indicated...
Major Two-Way Risk For USD Today
Inflation & FOMC On WatchAll eyes are on the US Dollar today. The release of May CPI and the June FOMC falling on the same day creates powerful volatility risk which has the potential to drive...
Gold Sitting on Key Support Ahead of CPI & FOMC
Gold Traders Brace for FireworksGold prices are trading just above key support as traders brace for major volatility ahead of today’s US CPI report and June FOMC. On the back of stronger-than-forecast...
Is Bitcoin Poised For A Big Reversal Lower?
BTC Slipping From HighsPrice action in Bitcoin today is looking precarious with Bitcoin futures having turned lower through the bullish trend line off the May lows, pushing back below the 69,355...
Softer UK Jobs Data But Wages Hold Steady
UK Jobs Market WeakensThe near-term outlook in the UK remains muddy on the back of the latest labour market data this morning. The unemployment rate was seen rising to 4.4% from 4.3% prior with the...
Euro Slips as Political Turmoil in EU Shakes Markets
The EUR/USD pair is teetering on the edge, hovering near its support zone of 1.07-1.0720 during Tuesday's American session. The Euro finds itself in a downward spiral as political upheaval in...
Crude Recovery Hinges on Fed Tomorrow
Crude Attempting to RecoverCrude prices are looking a little softer through the European morning session on Tuesday, but remain well up off last week’s lows. Crude futures are currently sitting just...
Make or Break Week For Gold
Gold Heavily Sold on NFP PopGold prices are trading very tentatively on the back of Friday’s sell-off. Gold futures fell more than 4% in response to the upside surprise in Friday’s US jobs data which...
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