This site uses cookies to provide you with a great user experience. By visiting monetamarkets.com, you accept our cookie policy.
Allow all
This site uses cookies to provide you with a great user experience. By visiting monetamarkets.com, you accept our cookie policy.
Allow all
This website is operated by Moneta Markets Ltd, which is not authorised or regulated by the UK Financial Conduct Authority (FCA) and does not offer or promote services to UK residents. Access to this website is restricted in the UK and the content is not intended for distribution to, or use by, any person located in the UK. If you believe you have reached this website in error, please exit the page now
The GBP/USD pair rose by 0.3% in the last session. The Stochastic indicator is providing a positive signal, suggesting potential continued upward momentum.
The Bitcoin/USD pair surged by 1.6% in the last session. However, the Commodity Channel Index (CCI) indicates a negative signal, warranting caution.
US crude oil prices fell by 0.7% in the last session. The Relative Strength Index (RSI) is showing a negative signal, indicating potential further downside.
The AUD/USD pair saw a slight increase of 0.2% in the last session. According to the Williams Percent Range indicator, the market appears overbought.
US President Donald Trump signed an executive order to establish a cryptocurrency working group, fulfilling his campaign promise to support the sector. In the labour market, the number of Americans filing for unemployment benefits rose slightly, reinforcing expectations that the Federal Reserve will not cut interest rates at its next meeting. Oil prices declined by 1% following Trump's remarks at the World Economic Forum, urging OPEC to reduce prices and emphasising global energy market uncertainties.
Key economic events to watch include:
