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Market picture The crypto market lost over 5% in 24 hours, to $1.52 trillion. Bitcoin has remained under pressure since the start of the week after pausing in the sell-off on Saturday and Sunday. The persistence of the sell-off has triggered a sell-off in many altcoins, losing with greater amplitude than BTC. The very nature […]

The post Crypto’s Decline Looks More Like a Sell-off than a Correction appeared first on Action Forex.

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NZ First Impressions: Consumers Price Index, December Quarter 2023

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26/03/2024

WTI Oil Outlook: Takes a Breather after Monday’s 1.40% Advance

WTI oil price is holding within a tight range on Tuesday and consolidating Monday’s 1.40% advance, sidelined by mixed fundamentals. Supply concerns following recent attacks on Russian oil installation, which may cause longer disruptions from one of world’s top oil producers and exporters, weigh on oil price, while weaker dollar underpins. Technical studies remain firmly […]
15/04/2024

NZ Dollar Slides to Five-Month Low

The New Zealand dollar has stabilized on Monday after as sharp decline of 1% on Friday. In the European session, NZD/USD is trading at 0.5945, up 0.14%. The New Zealand dollar dropped as low as 0.5927 earlier, its lowest point since November 14. NZ Services PSI declines New Zealand’s services sector had a dismal March, […]
08/04/2024

Will German Industry Continue to Look Weak

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