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Is the pound poised for a long-term rally?
A week after the BoE meeting, while banking concerns are cooling down, BoE's Baily emphasized the need to control inflation—a day ahead of his testimony before parliament on issues related to the collapse of Silicon Valley Bank. In a speech at the Lo...
Will Shanghai upgrade & Shanghai Pudong Development lift the Ethereum?
With more than 46% gain in 2023, ETH proved itself one of the most trusted coins with a brighter future. Several factors can get attention to ETH, including the Shanghai upgrade and Hong Kong trying to become a crypto hub.Shanghai upgrade, supposed t...
Euro after mixed PMI data!
While the Manufacturing sector still suffers, the service sector growth is strong. According to the data published on Friday, S&P Global's flash rose to 54.1 from 52.0 in February, clearly above the 50 levels, indicating growth and challenging th...
Wall Street reversed yesterday's loss; what next?
After digesting data and announcements, investors thought long and concluded that we are close to the end of the rate hike cycle and read it as a positive sign to be happy. The question now is, how long can this optimism last?Fed forecast for the ter...
Can the USD Index breach under the 100 Mark?
Policy makers' decision in their last meeting was not hawkish, but it was not dovish as well to help the stock markets as well. More than anything else, it brought a feeling of disappointment for investors.Decision makers in the US Federal Reserve Op...
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