Blogs

<p>The dip yesterday was bought back up late in the day, as price barely hangs on at the 100-day moving average (red line). That is the key technical level in play for Bitcoin now as price threatens a steeper drop under the $40,000 mark. The post-ETF fallout continues for the cryptocurrency and the downside pressure […]

<p>The dollar remains steady overall so far this week, after some back and forth action in the past few sessions. USD/JPY in particular has been a volatile one, running lower after BOJ governor Ueda's remarks yesterday before giving all of that back. The pair now trades in and around the 148.00 mark, still keeping above […]

<ul><li><a href="https://www.forexlive.com/news/goldman-sachs-says-a-trump-2024-election-win-will-likely-boost-bond-yields-and-us-dollar-20240124/">Goldman Sachs says a Trump 2024 election win will likely boost bond yields and US dollar</a></li><li><a href="https://www.forexlive.com/news/warning

<p>A piece from Dow Jones / Wall Street Journal on Goldman Sachs drawing implications of a potential Trump win in the 2024 Presidential election.</p><p>In brief from the article:</p><ul><li>Goldman Sachs looked to the market reaction seen from the results of last week's Iowa caucuses. In particular, they zer

<p>Analysts at Wells Fargo are wary of overly optimistic investors having sent stocks to record highs.</p><p>They say the hopes for lower interest rates and stronger corporate earnings are misplaced.</p><p>From a client note on Tuesday:</p><ul><li>“We believe the market’s disappointment upon realizing

<p>Reuters citing unnamed sources for the latest Chinese stock market manipulation effort:</p><ul><li>regulators have asked funds to restrict short selling of equity index futures</li></ul><p>Shanghai Composite update:</p><p>More added:</p><p>Two sources, spoke on condition of anonym

<p>Kim Jong Un is not happy with all the geopolitical attention focused not on him.</p><p>Fired off a few missiles early on Wednesday:</p><ul><li>a volley of cruise missiles into the Yellow Sea</li></ul><p>Info via South Korean media, Yonhap news agency, citing South Korean military.</p> T

<p>CNBC on a note from a Citi analyst on the benchmark US equity index. </p><ul><li>“Following the strong Q4 2023 rally, pullbacks should be expected, and bought into, as a shifting Fed narrative unfolds”</li><li>mid-year target of 4,800 for the S&amp;P 500</li><li>year-end target of 5,100</li&

<p>US political site Politico:</p><ul><li>Donald Trump has won the New Hampshire primary. </li><li> Nikki Haley just lost her best shot at toppling Trump. </li><li>The former president is now on a glidepath to the GOP nomination.</li><li>Trump’s back-to-back wins in Iowa and New Hampshire

<p>Headlines:</p><ul><li><a href="https://www.forexlive.com/news/cable-extends-gains-as-uk-pmi-reaffirms-economic-resilience-20240124/">Cable extends gains as UK PMI reaffirms economic resilience</a></li><li><a href="https://www.forexlive.com/news/lower-yields-add-to-the-drag-in-the-