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Weaker dollar and higher stocks sends BTC surging above technical resistance
As noted here much earlier today, Bitcoin came close to busting above its 50 day moving average, at 61,408. That had shifted slightly lower following...
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GBP/USD touches 1.32 for the first time since March 2022
The slide in the dollar following the comments from Jerome Powell has sent the Pound charging higher and it has reached a high a short while ago, at...
Market news
BRNUS sanctions send Brent above $81 per barrel
Read moreEarlier today Brent hit its highest level since July 2024. Brent for March delivery had risen to $80.75 on Friday, but then fallen back underneath $79...
FDAXDAX 20k on the radar today- futures in the red this morning
Read moreIt will not be long now before the European stock markets reopen and that opening outlook is not positive right now, as you might expect following the...
USDXDollar index (USDX) eyeing that 110 handle again as European markets get underway
Read moreAs noted here on Friday the Dollar index (USDX) came very close to rising above the 110 handle for the first time since the end of 2022. The index...
BTCUSDA potential double top on Bitcoin?- BTC takes out weekend lows
Read moreOn Friday the rejection of a break below 91k on Bitcoin the day before was covered here in updates. Prior to that the significance of that level was...
GBPUSDGold mostly holds gains as European markets reopen
Read moreOn Friday the initial reaction to the US jobs report saw Gold slide by around $20, from $2,683 to $2,663. An update here at the time noted all that...
ESA broad based US sell-off may be significant- check out the S+P 500 futures this morning
The falls across the US stock markets on Friday was a clear cut reaction to the much better than expected US December jobs report. That saw the Dow...Read more
