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Bitcoin rebound to persist?
Bitcoin’s price deepened the retreat last week but paired most of its losses! The price is below $22,100 currently. Bitcoin breached the Fibonacci 100 support last week but retraced back above it over the weekend. The RSI dipped into the oversold zon...
Weekly Economic Outlook | 13-17 March
Let us see what we expect from the week, which starts with the Eurogroup meeting. After last week's great employment numbers and ahead of next week's FOMC meeting, US inflation numbers and the ECB meeting will be at the center of the stage in the wee...
Doge and 22% loss in 7 days!
DOGE's 24-hour trading volume shows more than a 70% increase, about 23% loss in 7 days of trading. With increasing Doge supply in exchanges, these data also increase the market risk more than before. The overall cryptocurrency market has been un...
NFP Preview | March 2023
While we are waiting for NFP numbers on Friday, in recent days, market participants have been following the ADP and JOLTs data and Mr. Powell's semi-annual monetary policy testimony to the Senate Finance Committee.On Tuesday and Wednesday, Mr. Powell...
BoC and Oil sent the Loonie deeper!
On Wednesday, the Bank of Canada held its monetary policy and interest rate decision meeting. After eight straight months of rate hikes totaling 425 basis points, interest rates rose to 4.5%; this pause was read as a signal of the end of contractiona...
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