Cardano Price Forecast: Bearish flag pattern in ADA signals 14% downside risk
Cardano hovers around $0.1700 on Wednesday, close to a local support trendline after two consecutive days of losses. Retail activity…
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Indices

NZX 50 Closes 0.3% Lower Ahead of GDP Data, Fed Decision
The NZX 50 fell 33 points, or 0.3%, to close at 13,393 on Wednesday, erasing gains from the previous session,…
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Forex

Eur sticks to positive bias above 1.1600 as bulls await Fed rate decision
EUR/USD attracts some buyers for the third straight day as the US-Iran peace deal undermines the USD. The ECB’s hawkish…
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Forex

Indian Rupee remains flat as risk-on mood weighs on US Dollar
The Indian Rupee holds ground as oil prices continue to ease. Indian shares opened higher but edged lower as caution…
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Forex

Japanese Yen gains ground as traders await Fed rate decision
USD/JPY weakens to around 160.25 in Wednesday’s early European session. Fed is set to leave its interest rate unchanged at…
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Metals

XAG/USD rises to near $70.50 as interest rate concerns ease
Silver advances as Friday’s interim US-Iran peace agreement in Switzerland is expected to restore global oil flows. US Vice President…
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Markets

US Dollar Index weakens to near 99.50 on US‑Iran peace deal optimism ahead of Fed rate decision
US Dollar Index softens to around 99.50 in Wednesday’s Asian session. A US-Iran peace deal will be signed at Switzerland’s mountainside…
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Forex

EUR/JPY – Could rebound toward 186.50 as bullish bias prevails
EUR/JPY cross may rise toward the all-time high of 187.95. The 14-day Relative Strength Index near 60 indicates solid upward…
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Economics

PBOC’s Pan: Will act if money market overnight rate persistently deviates from operation rates
The People’s Bank of China (PBOC) Governor Pan Gongsheng said on Wednesday that the central bank would act if the…
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Forex

AUD/USD – Consolidates above 0.7050; 100-day SMA holds the key ahead of Fed
AUD/USD remains on the back foot for the second straight day, though it lacks follow-through. The RBA’s hawkish tilt supports…
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