Market News & Analysis

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This week: GBPAUD to recover from below 1.90 psychological mark?
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06 May 01.33

This week: GBPAUD to recover from below 1.90 psychological mark?

Depending on what the RBA and the BOE convey about their respective rates outlook, that could determine whether GBPUAD will enter the weekend above or below 1.9000.

Brent to drop the most on the weekly basis since February?
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03 May 01.57

Brent to drop the most on the weekly basis since February?

Yesterday oil prices managed to slightly rebound after a 3-day slide. Support came in the form of market expectations that the US may replenish its strategic reserves. Now Brent bulls are fighting hard to stay above yesterday’s close at ~83.50.

LATEST ANALYSIS
This week: GBPAUD to recover from below 1.90 psychological mark?
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06 MAY clock 13:33

This week: GBPAUD to recover from below 1.90 psychological mark?

Depending on what the RBA and the BOE convey about their respective rates outlook, that could determine whether GBPUAD will enter the weekend above or below 1.9000.
Brent to drop the most on the weekly basis since February?
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03 MAY clock 13:57

Brent to drop the most on the weekly basis since February?

Yesterday oil prices managed to slightly rebound after a 3-day slide. Support came in the form of market expectations that the US may replenish its strategic reserves. Now Brent bulls are fighting hard to stay above yesterday’s close at ~83.50.
XAUUSD’ fate is in the hands of NFP data?
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03 MAY clock 10:32

XAUUSD’ fate is in the hands of NFP data?

Gold prices have stabilized and are now consolidating within ~$2281-2336 range ahead of the US Non Farm Payrolls (NFP) reading.
Coinbase stock rebounds towards $210 ahead of the Q1 earnings release
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02 MAY clock 14:25

Coinbase stock rebounds towards $210 ahead of the Q1 earnings release

Coinbase will release its Q1 2024 earnings report after the markets close today. The implied 1-day potential move after the earnings release is 12.35%.
Bitcoin is under pressure ahead of FOMC meeting
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01 MAY clock 12:55

Bitcoin is under pressure ahead of FOMC meeting

Bitcoin has slid below psychologically important $60 000, briefly touching <$57 000, following its largest monthly drop since the collapse of the FTX exchange.
USDJPY is on the rise again, moving towards 157
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30 APR clock 14:55

USDJPY is on the rise again, moving towards 157

USDJPY has rebounded from a ~1.3% drop likely caused by the Bank of Japan's yen buying intervention.
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