March 21 2023 🕓 3 min
EUR/USD approaches 1-mth highs amid USD weakness
Today's trading could be less volatile as market players might stay on the sidelines ahead of tomorrow's Fed decision.
Market Movers
March 21 2023
EUR gains on all fronts
The euro strengthened against all fiat currencies, supporting the ongoing trends. EUR/AUD jumped 1.5%, while EUR/JPY and EUR/GBP are up 1.2%.
March 21 2023
Texas introduces a Bitcoin bill
Texas introduced a bill that should protect Bitcoin miners, holders, and developers. The bill explains how Bitcoin made several technological breakthroughs, including blockchain and distributed ledger.
March 21 2023
FRC gains 30% amid banking mayhem
After a banking bloodbath for the past few weeks, First Republic Bank (FRC) gained 30%. The stock jumped from $12 to $16, but is still down from $120 three weeks ago.
March 20 2023 🕓 3 min
GBP/USD is on the rise – will the new macrodata elevate it even more?
Sterling is edging higher in the battle against the US dollar. New data from Fed and BoE may tip the scales towards the pound.
March 20 2023 🕓 3 min
Dollar index remains weaker ahead of Fed’s decision
The USD could continue heading lower as investors anticipate monetary policy tightening to be over.
March 17 2023 🕓 3 min
USD/JPY tests bullish trend, with focus on Fed and yields
The negative sentiment for the USD could drag the pair further lower as it looks like the Fed's tightening might be over.
March 16 2023 🕓 3 min
EUR/USD hardly moves after today’s ECB decision
Today's ECB decision brought not volatility to the markets, with investors completely ignoring it.
March 15 2023 🕓 3 min
AUD/USD fails at critical resistance
It looks like the recent optimism is over, pushing the AUD down from the critical resistance.
March 14 2023 🕓 3 min
GBP/USD corrects yesterday’s gains, awaits US CPI
Today's US inflation data could pave the way for future rate cuts by the Fed.
March 9 2023 🕓 3 min
EUR/USD pops as investors take profits after greenback’s rally
The greenback could come under selling pressure as bulls have been unable to achieve any progress in the chart.
March 8 2023 🕓 3 min
GBP/USD drops below key support, touches 3-mth lows
The greenback might continue moving higher as Tuesday's Powell speech killed pivot hopes.
March 7 2023 🕓 3 min
AUD/USD drops to 3-mth lows after RBA hike, Chinese data
The Australian dollar declined today as the rate hiking cycle could be over soon in Australia.
March 6 2023 🕓 3 min
Is the dollar index set to reverse lower?
Volatility could be lower today due to the lack of major economic releases.
March 2 2023 🕓 3 min
Euro stumbles ahead of EU inflation figures
Volatility will likely pick up after today's EU inflation numbers.
March 1 2023 🕓 3 min
AUD/USD surges after economic data and broad US dollar decline
Sentiment seems optimistic after today's Chinese data, pushing higher risk assets.