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FxWirePro: USD/JPY grinds lower, dollar shows broad-based weakness as Fed drops some hawkish rhetoric

Mar 23, 2023 04:40 am UTC| Technicals

Chart - Courtesy Trading View USD/JPY was trading 0.59% lower on the day at 130.58 at around 03:40 GMT, Feds 0.25% rate hike failed to please bulls amid fears of policy pivot and banking turmoil. The Federal Reserve...

FxWirePro :GBP/ NZD loses momentum but outlook is bullish

Mar 22, 2023 23:11 pm UTC| Technicals

GBP/NZD retreated from daily high on Wednesday as the pair gains faded ahead of BoE interest rate decision. The pound trimmed earlier gains against the kiwi dollar , the pair was last trading at 0.02% at 1.9709 ...

FxWirePro:EUR/NZD steadies above 1.7400, retains bid tone

Mar 22, 2023 22:54 pm UTC| Technicals

EUR/NZD initially dipped on Wednesday but rebounded on as less-hawkish Fed hike lifted the pair. Federal Reserve raised its key rate by a quarter of a percentage point, as widely expected, and pointed to just one more...

FxWirePro :EUR/AUD extends gains, faces 23.6% fib resistance

Mar 22, 2023 19:49 pm UTC| Technicals

EUR/AUD strengthened on Wednesday as investors digested the hike by Federal Reserve and the accompanying statement. U.S. Federal Reserve delivered a widely expected 25 basis point policy hike, while hinting that it was...

FxWirePro:GBP/AUD bullish outlook with scope to target 1.8400 level

Mar 22, 2023 17:38 pm UTC| Technicals

GBP/AUD steadied on Wednesday after data showed UK price pressures picked up a lot more than expected in February. British consumer price inflation unexpectedly rose to 10.4% in February from Januarys 10.1%, figures...

FxWirePro- Major pair levels and bias summary

Mar 22, 2023 12:02 pm UTC| Technicals

Major pair levels and bias...

FxWirePro- Top altcoins for the day (Strength index) (ALGOUSD and ADAUSD)

Mar 22, 2023 11:31 am UTC| Technicals Digital Currency

Pair Value Recommendation ALGOUSD 398.19 Strong Buy ADAUSD 356.93 Strong Buy Trends and levels to watch Pair Short-term trend Long-term...

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Economy

FxWirePro- Major Economic Events for teh day

Date Time (GMT) Currency Event Forecast Previous Nov 8th2024 1:30 pm CAD Employment...

South Korea to Monitor Financial Markets Amid Growing Volatility

South Korea Expands Market Monitoring to Address Volatility South Koreas Finance Minister, Choi Sang-mok, announced on Friday that the government is prepared to respond swiftly to any excessive volatility in the...

Japan's Currency Intervention: A Strategic Response to Yen Volatility

Japans Currency Intervention Efforts In July 2024, Japans Ministry of Finance (MOF) reported significant currency interventions to address the volatility of the yen. On July 11, Japan spent 3.168 trillion yen ($20.69...

U.S. Judge Dismisses Fraud Claims Against Rio Tinto and Ex-CEO Over Oyu Tolgoi Mine Delays

Overview of Lawsuit Dismissal A U.S. District Judge, Lewis Liman, dismissed some claims in a lawsuit accusing Rio Tinto and its former CEO, Jean-Sebastien Jacques, of defrauding investors. The case relates to delays and...

UK Labor Market Shows Signs of Cooling Amid Weak Wage Growth and Tax Increases

UK Labor Market Slows Amid Weakest Wage Growth Since 2021 The UKs labor market showed further signs of cooling in October, with the weakest wage growth since early 2021, according to a survey by the Recruitment and...

Politics

Ether Targets $3,200 Surge as Trump’s Victory Spurs $132M ETF Inflows, Igniting Market Confidence

Following Donald Trumps re-election, Ether is on track to hit $3,200 as strong ETF inflows signal rising investor confidence. With $132 million in post-election inflows, analysts are eyeing a bullish trend for Ethereum,...

Trump Win Drives Bitcoin to Record $77K as Spot ETF Inflows Soar, Investors Bet on Fed Cut

Bitcoin is on the cusp of hitting a historic $77,000, with Trumps election victory sparking unprecedented spot ETF inflows and investor enthusiasm. The bullish sentiment comes amid expectations of a Fed rate cut and a new...

Texas AG Paxton Declares ‘Victory Against Biden’s Mass Amnesty Plan!’ After Court Blocks Immigration Policy in Major Blow to White House

A federal judge has delivered a significant ruling in favor of Texas Attorney General Ken Paxton and a coalition of conservative states, blocking a Biden administration immigration policy aimed at granting what opponents...

Robert F. Kennedy Jr. Pushes Back Against 'Neocon' Rubio for Secretary of State: ‘We Need Fresh Foreign Policy!’ Insider Claims

Robert F. Kennedy Jr. is reportedly making waves in Washington as he advocates against the potential nomination of Senator Marco Rubio as Secretary of State in Donald Trumps upcoming administration. According to sources...

Science

CDC Urges Second COVID-19 Vaccine for Seniors: ‘Protect Your Health This Season!’ Experts Say It’s Critical

In a recent public health announcement, the Centers for Disease Control and Prevention (CDC) recommended that individuals aged 65 and older receive a second dose of the 2024-2025 COVID-19 vaccine. This additional dose, the...

Breakfast Secrets: 'Fiber-rich Foods Are the Key to Weight Loss!' Experts Reveal Shocking Truth

Health experts often emphasize the importance of a balanced diet combined with regular exercise for weight management. However, for many, achieving these goals can be a daunting challenge. Instead of drastic food...

Scabies Surge Sparks Alarm: Doctors Warn Brits, 'Don't Ignore That Rash!'

Doctors in the United Kingdom are sounding the alarm over a dramatic rise in scabies cases, urging residents not to dismiss any signs of the itchy skin condition. Recent data shows that hospitals detected approximately...

Just 21 Minutes of Cycling a Day Is 'All You Need' for Total Health, Claims Expert

John Vinton, CEO of Aventon Bikes, insists that just 21 minutes of cycling each day can drastically enhance your health. This simple yet transformative practice can lead to a multitude of benefits, including reduced risks...

Technology

$145M Bitcoin Surge as New Wallets Signal Bold Moves—Is an $88K Breakout Next?

A surge of $145 million in Bitcoin transfers to new wallets hints at bullish momentum as the crypto hits new highs. With institutional interest peaking, analysts anticipate a potential breakout towards $88,000 amid the...

Shiba Inu’s Shytoshi Kusama Drops Bold Crypto Data from Gemini—Youth Surge Fuels SHIB’s Next Move

Shiba Inu leader Shytoshi Kusama stirred the crypto community by sharing Geminis data showing surging youth interest in digital assets. As nearly half of young investors engage with crypto, Kusamas latest proposal for a...

Shiba Inu Whale Netflows Skyrocket 7,429% Amid $0.000020 Price Breakout Hope, Bullish Surge Looms?

Shiba Inu (SHIB) saw a significant rise in whale netflows, spiking by 7,429%, indicating increased accumulation by major holders. This massive surge has fueled optimism that SHIB may soon break past the key $0.000020...

Italy’s Minister Open to Revising 42% Crypto Tax Amid Lawmaker Concerns

Italys proposed tax hike on cryptocurrency gains to 42% may face adjustments as the countrys economy minister considers alternate options amid pushback from lawmakers. The Treasurys plan aims to increase revenue but has...
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