Latest Market News

ETH Edging Higher The rally in crypto assets is turning into one of the hottest stories in markets as we kick off Q2. Following the heavy liquidations which took place last year and a tricky start to the year around plenty of negative news flow, crypto is seeing a surge in demand currently. Along with […]

The BTC on Friday rose to 30,876 USD. The weekly growth already amounts to 10.7%. Good that the leading cryptocurrency has passed the interim resistance level at 30,500 USD and now aims at 31,150 USD. A successful attack on this level and securing above it should let the BTC reach the range of 34,000-35,000 USD. […]

EURUSD on Friday remains strong. The current quote is 1.1070. What happened that the USD slipped to its 12-month lows? In fact, there was nothing unusual. The macroeconomic statistics published yesterday confirmed a decline in inflation and gave the market a new argument supporting the upcoming end of the tight credit and monetary policy of […]

JPM Earnings Due US earnings season heats up today with JP Morgan, the biggest US bank by assets, due to report Q1 earnings. The bank’s earnings are always seen as a bellwether for the broader financial sector and on the back of recent banking stress in the US, today’s results will be closely watched. In […]

USDCAD Trend Line Break USDCAD is on watch today with the retail market holding a heavy long position in the pair.  The Canadian Dollar has emerged as one of the strongest performing currencies on Friday creating plenty of room for further downside in the pair as USD continues to head lower. Weaker-than-forecast CPI and PPI […]

UK Growth Stalls In Feb On the back of the IMF warnings earlier this week that the UK was at risk of being the worst performing economy in the G7 this year, today’s UK GDP figures for February offered little argument. GDP was seen at 0% on the month, a sharp drop from the  0.4% […]