PCE

Week Ahead: Bitcoin’s $100k dream close to reality

Fri, 22 Nov 2024 09:47:00 +0000

Week Ahead: Bitcoin’s $100k dream close to reality Lukman.Otunuga… Fri, 11/22/2024 - 11:47

/s3-static/2024-11/download%2838%29_2.jpeg

Bitcoin is trading within striking distance of the landmark $100,000 level. The “OG” crypto could hit this critical point within minutes, hours or even days.

Bitcoin: Waits on key risk event

Wed, 26 Jun 2024 09:51:50 +0000

Bitcoin: Waits on key risk event Lukman.Otunuga… Wed, 06/26/2024 - 12:51

/s3-static/users/user17/shutterstock_1292955472%20%281%29_1.jpg

Bitcoin’s extended losses have set off alarm bells for bulls, with prices sinking below $60,000 for the first time since early May!

Trade of the Week: USDInd set for rollercoaster ride?

Mon, 24 Jun 2024 10:33:07 +0000

Trade of the Week: USDInd set for rollercoaster ride? Lukman.Otunuga… Mon, 06/24/2024 - 13:33

/s3-static/users/user17/shutterstock_307600865_0.jpg

Watch this space because FXTM’s USDInd could be jolted by economic and political forces! It’s all about the Biden vs. Trump faceoff and US PCE deflators which may translate to heightened dollar volatility this week.

Trade of the Week: EU50 set for fresh 2024 high?

Mon, 27 May 2024 10:27:43 +0000

EU50 ↑ over 10% YTD

Germany/Eurozone CPI & US PCE in focus

2% away from 2024 high

Technical levels at 5110, 5050 & 50-day SMA

FXTM’s EU50 index, which tracks the benchmark Euro Stoxx 50 could be set for a volatile week. Read More

Week Ahead: USDJPY waits for fundamental spark

Fri, 24 May 2024 09:30:31 +0000

Week Ahead: USDJPY waits for fundamental spark Lukman.Otunuga… Fri, 05/24/2024 - 12:30

/s3-static/users/user17/yen_1_0.jpg

Despite the holiday-shortened week ahead for the UK and US, markets could remain volatile due to top-tier data across the globe. The USDJPY could end May with a bang, and here are 3 reasons why...

Week Ahead: EURUSD ready to resume downtrend?

Fri, 20 Oct 2023 09:53:14 +0000

Week Ahead: EURUSD ready to resume downtrend? Lukman.Otunuga… Fri, 10/20/2023 - 12:53

/s3-static/markets/field/image/Currencies/EUR/euro_fades_0_0.jpg

Get ready for another event-heavy week for global markets as the focus falls on central bank decisions, top-tier economic data, and corporate earnings from the largest companies in the world.

Week Ahead: Will EURUSD hit new 6-month low?

Fri, 22 Sep 2023 06:46:56 +0000

Week Ahead: Will EURUSD hit new 6-month low? han.tan@FXTM CY CA Fri, 09/22/2023 - 09:46

/s3-static/markets/field/image/Currencies/EUR/euro_50_notes_in_hand_SMALL.jpg

Find out the key events that could move EURUSD within the 1.0542 – 1.0770 range over the next week.

Markets Gripped By US Debt Ceiling Talks

Tue, 23 May 2023 07:27:56 +0000

Asian markets gave up earlier gains on Tuesday as investors adopted a cautious stance after US debt ceiling negotiations ended "productive talks" without a deal. However, President Joe Biden and House Speaker Kevin McCarthy both expressed optimism about reaching a breakthrough to avoid a default. European futures are pointing to a positive open ahead of the preliminary PMI figures for the eurozone in May. Wall Street closed mixed and remains influenced by the US debt ceiling developments. In the currency space, the dollar crept higher drawing strength from hawkish Read More