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FTX receives court approval to liquidate crypto assets

September 13, 2023

Earlier this week, the fall in the price of bitcoin was tied back to bankruptcy disclosures from FTX showing that it had nearly $7 billion …

Central Banks

Fed’s Jefferson sworn in as vice chair

September 13, 2023

All three of the latest Fed appointees were sworn in, according to a Fed statement. They were confirmed by the Senate last week. This article …

Technical Analysis

Ethereum Technical Analysis – The bearish bias remains intact

September 13, 2023

Ethereum keeps on falling and making new lows as the outlook is turning more and more bearish given the headwinds from global growth and tight …

Technical Analysis

Bitcoin Technical Analysis – This key support is still holding

September 13, 2023

Bitcoin remains rangebound on a key support level as the outlook is turning more and more bearish given the headwinds from global growth and tight …

Technical Analysis

Copper Technical Analysis – The triangle is still in play

September 13, 2023

Copper rallied on Monday after the Chinese consumer and producer price inflation showed some improvement in the world’s largest Copper importer. Chinese authorities keep on …

Technical Analysis

GBPJPY Technical Analysis – Key trendline in focus

September 13, 2023

UK: The BoE hiked by 25 bps as expected at the last meeting. The central bank seems to be leaning more on the less hawkish …

Technical Analysis

WTI Crude Oil Technical Analysis – Key resistance in sight

September 13, 2023

Crude Oil keeps on surging to new highs as the supply side gets squeezed more amid resilient global demand. In fact, the OPEC continues to …

Technical Analysis

USDCHF Technical Analysis – Key support in sight

September 13, 2023

US: The Fed hiked by 25 bps as expected and kept everything unchanged at the last meeting. Fed Chair Powell reaffirmed their data dependency and …

Central Banks

PBOC says will support prices to rise moderately

September 13, 2023

Will pay close attention to the effect of financial policies Will strengthen guidance of expectations These are just some token remarks. The good news for …

Sentiment

AUD/JPY IG Client Sentiment: Our data shows traders are now net-long AUD/JPY for the first time since Sep 05, 2023 18:00 GMT when AUD/JPY traded near 94.15.

September 13, 2023

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUD/JPY-bearish contrarian trading …

Market Outlook

Asia Day Ahead: Eyes on US CPI ahead, Brent crude prices at new 10-month high

September 13, 2023

Focus for US CPI will be on whether a softer core inflation read will be sufficient for the Fed to keep rates on hold ahead, …