Japanese Yen Surges as USD/JPY Dips in Response to US CPI Data; BoE Takes Center Stage Next
Over the last 24 hours, the Japanese Yen has been the top-performing major currency, with USD/JPY falling by approximately 0.7%. This represents the worst day for the pair in the past week. The focus was on the latest US CPI…
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WTI on the Rise: Assessing Crude Oil’s Gains Ahead of US CPI Release
WTI crude oil prices have remained steady just below the $73 per barrel mark today, recovering from last week's sell-off that saw it trade at its lowest level since late 2021. The market is now awaiting the release of the…
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EUR/USD DXY Index Goes Lower as Bears Regain Strength, While USD/JPY Recovers Slowly.
The US dollar continues to rebound, with the DXY index going high for the second day in a row, fueled by caution on Wall Street ahead of key inflation data and US debt ceiling talks. In response, EUR/USD plummets to…
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Bitcoin price and Liquidity Drains and Price Dip Below $28,000
Over the past few weeks, the Bitcoin price of Bitcoin has outperformed many other digital assets, indicating its domination in the market. However, despite favorable macro market conditions, Bitcoin price has not experienced a significant rally, possibly due to the…
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The Gold Market takes breather: Brief Cooling Off Period in Gold Market.
Gold Market Sees Pullback, but Still Promising for Investors: Economic Conditions Drive Wealth Preservation Interest. Gold markets experienced a sharp increase, but later pulled back during Monday's trading session, signaling the need for the gold market to cool off before…
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