Bitcoin (BTC) hit its highest price since December 2021, boosted by a record debut by U.S. exchange-traded funds. The cryptocurrency […]
Daily Technical Analysis on EUR/USD: Oversold levels may be present
Generally, the euro (EUR) is considered one of the weaker currencies when the U.S. dollar (USD) is trending towards strength. […]
Cocoa prices hit record highs, raising confectionery costs for this year
Cocoa futures extended their growth and reached record prices in New York as a deficit grips the market, and chocolate […]
China suffered the most significant drop in consumer prices in more than 14 years
In January, China recorded the most significant drop in consumer prices in more than 14 years, while producer prices also […]
Hong Kong wants to introduce a stablecoin backed by China’s Yuan
The Hong Kong General Chamber of Commerce (HKGCC) has applied to create a stablecoin pegged to the yuan (CNY). The […]
Reserve Bank of Australia keeps interest rates unchanged for the second consecutive time
The Reserve Bank of Australia (RBA) has left interest rates unchanged at 4.35%, a decision expected by the foreign exchange […]
Daily Technical Analysis on GBP/USD: Downtrend gains strength as pound enters difficult month
The most recent behavior of the British Pound (GBP) can serve as a warning that February is generally a difficult […]
Bitcoin miners in the United States consume the same amount of energy as the entire population of Utah
According to an analysis conducted by the U.S. Energy Information Administration (EIA), Bitcoin miners in the country consume the same […]
Daily Technical Analysis on XAU/USD: The trend continues to be supported
Recently, currency markets have been under pressure due to a much better performance by bonds, following a report that commented […]
Daily Technical Analysis on EUR/USD: Downtrend Gains Strength
Today, the EUR/USD will be affected by the Purchasing Managers’ Index reading for the services sector for both the Eurozone […]