Analysis
Technical Analysis

Bitcoin 8% Away From New All-Time-High!

Bitcoin Bulls Buy Back Bitcoin has maintained its position as the leading cryptocurrency in 2024, building on the momentum generated by the historic approval of spot Bitcoin ETFs in January. The digital asset, which started the year trading around $45,000, has rallied 58% since January. Wall Street’s traditional finance giants, including BlackRock and Fidelity, have Read More…

Fundamental Analysis

Dollar Ends Another Week Up, Pressuring Currency Futures

Currency futures extended declines as the dollar ended another week with gains due to upbeat data and increased bets for a Trump win. At the same time, downbeat economic data from countries like Japan and Canada weakened their currencies.  The greenback had another strong week as economic data showed a resilient economy. Last week, data Read More…

Interest Futures
Fundamental Analysis

Falling Yields Lift Interest Futures Despite Positive US Data

Interest futures rose on Thursday and Friday as Treasury yields dropped despite upbeat US economic data. Nevertheless, prices remained near recent lows and will likely end the week down due to a shifting Fed rate cut outlook and the looming US presidential election.  10-year US Treasury yield (Source: Bloomberg) Data on Thursday showed that the Read More…

Fundamental Analysis

Oil Rallies as Israel-Hezbollah Conflict Escalates

Oil prices rose 1% on Thursday, recovering from the 1% loss in the previous session. The rally came as Middle East tensions escalated. Meanwhile, the decline on Wednesday came after a bigger-than-expected increase in crude oil inventories.  The conflict between Israel and Hezbollah heated up on Thursday, raising fears of a broader war that would Read More…