Category: Supported
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Bitcoin Price Supported By All-Stablecoins Cash Inflow – Data Reveals Strong Correlation
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This article is also available in Spanish. Bitcoin has entered a period of calm after a turbulent decline from $99,000 to $90,000 in just three days. The leading cryptocurrency is currently trading at over $95,000, holding a pivotal level that will likely determine its next move. This key area will…
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Bitcoin Price Supported By All-Stablecoins Cash Inflow – Data Reveals Strong Correlation
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This article is also available in Spanish. Bitcoin has entered a period of calm after a turbulent decline from $99,000 to $90,000 in just three days. The leading cryptocurrency is currently trading at over $95,000, holding a pivotal level that will likely determine its next move. This key area will…
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Dollar remains supported ahead of Fed speakers; euro awaits ECB decision By Investing.com
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Investing.com – The US dollar rose on Monday, holding on to recent gains as traders digested more stimulus announcements from China ahead of comments from a number of Federal Reserve officials. At 04:00 EST (09:00 GMT), the dollar index, which tracks the greenback against a basket of six other currencies,…
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RBA’s “Hawkish Hold” Briefly Supported AUD During The Asian Session
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As expected, the Reserve Bank of Australia decided to The Reserve Bank of Australia kept official interest rates at a 12-year high of 4.35%. For its sixth consecutive meeting in August. The Central Bank confirmed that High inflation remains a concern.Inflation has “declined significantly” but is “persistently above” the 2%…
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Crude Oil Technical Analysis – Strong comeback supported by the US NFP report
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Basic overview Despite OPEC+’s recent extension of voluntary production cuts, crude oil was sold off as the price broke support in the May range. However, the decline may only be technical as it gained bearish momentum on the breakout. The price eventually bottomed around the $73 area and erased all…