Subdued upward momentum associated with the recent jump suggests Bitcoin’s rally is showing some signs of fatigue as it tests a tough hurdle. What’s next for Bitcoin and the key signposts to watch?
The Dollar’s attempt to forge a true reversal from the past four months’ bear trend will likely need to shift its source of strength from rising Fed rate expectations to its discounted role as a safe haven. That means a focus on the VIX rather than Treasury yields.
Upside momentum is fading on Wall Street, with the Dow Jones, S&P 500 and Nasdaq 100 in a neutral state heading into the new week. Will key support levels hold?
The Australian Dollar slid last week as the US Dollar found firmer footing on the prospect of more aggressive Fed rate hikes coming down the pipe. Will AUD/USD turn around?
Gold prices experienced further losses, driving XAU to a new 2023 low of $1,827.7. As GC fell into oversold territory, bulls rushed in driving prices back toward $1,850.
Both UK retail sales and inflation data printed better than expected and yet the local currency showed no improvement, reinforcing the negative sentiment around sterling
US equity markets are battling against a strong US dollar and higher US bond yields. Monthly option expiry and Monday’s US bank holiday will increase volatility.
A rise is US 2-year yields has weighed on gold’s hopes of clawing back recent losses. Yields and the dollar remain central to gold valuations heading into CPI next week