Bitcoin Blindsided by Ban Warning from Dalio, BTC Near Key Support
BTC posed an aggressive pullback after Ray Dalio mentioned the elephant in the room. But Bitcoin bulls are nearing a big test at the 50k marker.
Dow Jones, Russell 2000 Probing Key Support as Reopening Trade Unwinds
The unwinding of the reopening trade in the face of a wave of fresh lockdowns and rising cases in Europe has weighed on the Russell 2000 and Dow Jones. However, this may prove short-lived given the…
NZD/USD Selloff May Continue as Vaccine Rollout Issues, Geopolitical Risks Rise
NZD/USD may continue to push lower as vaccine rollout issues continue to stress market sentiment. US equities fell after strong Treasury auction demand pushed yields lower.
US Dollar to Four-Month-Highs: EUR/USD, USD/CAD
The US Dollar has set a fresh four-month-high, even with rates softening as the Fed has sought to soothe some nerves over the past few days.
US Dollar (DXY) Price Forecast: Demand for Havens to Fuel USD Rebound
The tightening of coronavirus restrictions in several European nations has notably soured market sentiment in recent days and may open the door for the haven-associated USD to extend its rebound hi…
AUD/USD Drops as Vaccine-Induced Worries Plague Economic Reopening Hopes
The Australian Dollar fell as concerns over the AstraZeneca vaccine raised by US regulators injected a sense of fear through markets on Tuesday. Meanwhile, Australian PMI data crossed the wires bet…
Crude Oil Price Forecast: CL Snaps Back – Pullback or Reversal?
Crude oil prices have snapped back and taken out a big level of support along the way. Is a bigger reversal brewing in oil prices?
Euro Price Outlook: EUR/USD Holds Range Amid Covid-19 Third Wave Fears
The recent resilience of the EUR/USD exchange rate may begin to fade in the face of renewed lockdown measures in Germany and a cumbersome rollout of coronavirus vaccines.
NZD/USD May Fall on Technical Signal as APAC Markets Look for Direction
US markets moved higher to start the week, as Treasury yields fell across the curve. Meanwhile, Asia-Pacific markets will trade with a light economic calendar, and this week’s chip-manufacturer fir…
Bitcoin (BTC/USD) Backs Down, Ethereum (ETH/USD) Sets Range
Crypto currencies are on their back foot, with Ethereum sticking to what’s been a consistent range as Bitcoin bulls take a step back.