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Every time you think the AI rally has topped out, it finds another gear. Yesterday was one of those days… Nvidia surged nearly 4% to a fresh ATH after reports that it will deepen its partnership with OpenAI to build massive new data centers and AI infrastructure. We’re talking about a capacity of around 10 […]

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07/02/2024

Bitcoin Price Eyes Fresh Rally Unless This Support Gives Way

Key Highlights Bitcoin price corrected lower and tested the $41,800 support. BTC is trading above a key bullish trend line with support at $42,400 on the 4-hour chart. The price could start a strong increase if it clears the $43,450 and $44,000 resistance levels. Ethereum is aiming for a fresh increase above the $2,440 resistance. […]
29/07/2024

Will BoJ Raise Rates at this Policy Meeting?

BoJ may shake the market with a rate hike The bank plans to unveil a strategy to roughly halve bond Yen recoups some losses with notable bullish correction Decision is due on Wednesday at 03:00 GMT Will BoJ hike rates on Wednesday? At its next meeting, the Bank of Japan (BoJ), one of the most important […]
29/11/2024

Week Ahead – Traders Lock Gaze on NFP after Thanksgiving Holiday

Will the NFP data corroborate bets of a Fed pause? Loonie traders await employment numbers as well Australia’s GDP to verify whether bets of May RBA cut are realistic Euro could take directions from ECB President Lagarde NFP and ISM PMIs to shape Fed expectations The US dollar took a breather this week, pulling back […]