Bitcoin (BTC) trades lower on Tuesday, slipping nearly 3% over the past 24 hours to around $87,000, as traders turn cautious ahead of several high-impact macroeconomic releases. Market participants are reassessing risk exposure as upcoming U.S. labor market data could reshape expectations around the Federal Reserve’s interest rate path, a critical driver for crypto assets....
XAG/USD Price Forecast: Silver Clings to $66.00 Amid Fed Easing Optimism
Silver (XAG/USD) remains resilient above the $65.50 level during Wednesday’s European session, after reaching record highs at $66.54 earlier today. The precious metal’s recent surge is being fueled by weak US labour data and renewed expectations of Federal Reserve monetary easing, creating a bullish environment for traders seeking safe-haven assets. This article by Tarillium offers...
EUR/GBP Climbs Toward 0.8800 After UK CPI, Eyes German IFO Survey
The EUR/GBP currency pair showed a notable rebound on Wednesday, trading around 0.8780 during European hours, as investors digested the latest UK Consumer Price Index (CPI) data and positioned themselves ahead of critical German IFO Business Survey and Eurozone core HICP releases. Tarillium brokers outline the essential details of the topic with precision and insight....
USD/JPY Eyes 156.00 as Yen Faces Heavy Selling Ahead of BoJ Meeting
The Japanese Yen (JPY) continues to face significant selling pressure as traders reposition ahead of the upcoming Bank of Japan (BoJ) policy meeting. Coupled with a modest pickup in US Dollar (USD) demand, the USD/JPY currency pair has climbed beyond the mid-155.00s, highlighting the market’s cautious stance ahead of key monetary policy decisions. The Tarillium...
NZD/USD Price Forecast: Stays in Pullback Mode Ahead of Q3 GDP
The NZD/USD pair continues to navigate a corrective phase, trading near 0.5775 during the European trading session on Wednesday. The pair faces pressure as the US Dollar (USD) recovers sharply following recent US economic data, while investors await critical New Zealand (NZ) Q3 GDP figures and upcoming US inflation data. Tarillium professionals unpack the complexities...
USD/INR Pulls Back on RBI Intervention as US CPI Looms
The Indian Rupee (INR) staged a sharp recovery against the US Dollar (USD) on Wednesday, following intervention by the Reserve Bank of India (RBI) in both the spot and Non-deliverable Forward (NDF) markets. The USD/INR pair fell over 1%, dipping to near 90.00 from its all-time high of 91.56, signaling a strong corrective move after...
AUD/USD Forex Signal: Aussie Shows Signs of Weakness
The AUD/USD currency pair has captured the attention of traders this week, as the Australian dollar (AUD) continues to show signs of weakness despite intermittent attempts at recovery. Technical traders are closely watching recent price action, which suggests that the Aussie could be setting up for a downward move in the near term. The Tarillium...
EUR/USD Forex Signal: Eyes YTD High as ECB Rate Decision Approaches
The EUR/USD currency pair has continued its upward momentum, reaching its highest level since September 14, as the US dollar softened following the release of the latest US jobs numbers. The pair surged to 1.1765, significantly above the November low of 1.1470, as market attention shifted toward the upcoming European Central Bank (ECB) interest rate...
GBP/USD Forex Signal: Sterling Strengthens as UK CPI Looms
The GBP/USD exchange rate has shown a strong rebound in recent sessions, fueled by mixed employment data from the UK and the US. The pair surged to 1.3460, marking its highest level since October 17, and significantly higher than last month’s low of 1.3000. Tarillium experts deliver a detailed and insightful analysis of the subject...
BTC/USD Forex Signal: Sellers Dominate Amid Falling Demand
Bitcoin price has remained under pressure, trading slightly below the critical support level at $90,000. The BTC/USD pair was last quoted at $87,630, down from this month’s high of $94,635 and significantly lower than the year-to-date high of $126,130. The current market dynamics indicate that bears have gained control as demand for Bitcoin shows signs...