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Ethereum (ETH) price climbed to $2,161 on Wednesday, March 4, while XRP rose 5.1% to $1.43 on Thursday, March 5, with the entire crypto market catching a bid as Bitcoin surged past $73,000 and extended its recovery from the Iran war lows near $63,000. The catalyst is a combination of deeply negative funding rates being…
USD/JPY Forecast. The yen is losing ground to the dollar – ForexNews.PRO
An event to look out for today: 17:00 GMT+3. USD – ISM Manufacturing Index USDJPY: The USD/JPY pair is building on an overnight good bounce from the 141.60 area, or near two-week lows, and gaining momentum for the second day in a row on Tuesday. The upward movement takes spot prices above 144.00 during the…
ChronoVolume: Advanced Volume Analysis for MT4
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European Currencies Decline Ahead of Key Data from Europe and the US
EUR/USD and GBP/USD extended their decline, revisiting recent extremes after last week’s corrective rebound. The recovery attempt was largely technical in nature and did not alter the broader structure of the move. Additional pressure on European currencies came from dollar strength following Wednesday’s release of the Federal Open Market Committee minutes, which signalled a cautious…
BoJ holds interest rates, prepares for bond purchase reduction plan in next month – Action Forex
BoJ left uncollateralized overnight call rate unchanged at 0-0.10% as widely expected. In addition, BoJ will continue its asset purchase program until the end of June. The central bank, by an 8-1 majority vote, has also decided to reduce its JBG purchase amounts afterward. The detailed plan for the reduction in JGB purchases, which will…
