Bitcoin Price Holds Steady as Bulls Set Sights on $100K

Key Highlights USD/JPY found support near 143.50 and corrected some losses. It cleared a key bearish trend line with resistance at 144.85 on the 4-hour chart. EUR/USD started a downside correction below the 1.1150 level. Gold remained stable near $2,500 and might aim for more upsides. USD/JPY Technical Analysis The US Dollar remained well-bid near […]

In focus today Today, Swedish Service PMIs for April are released at 8:30 CET. All its subindices were above the 50 marks in March. Although price index for raw materials and intermediate goods is lower compared to a year ago, it was still significantly higher compared to the manufacturing side. Composite PMI has been in […]

Investors continue to come back to their senses and the latter involves trimming the interest rate cut expectations that went ahead of themselves over the past few months. Yesterday, the Federal Reserve’s (Fed) Beige Book survey suggested that resilient consumer spending during the holiday season helped propel the US economy, and another solid rise in […]