Bitcoin price: How rational is El Salvador’s move?

Bitcoin price remains under pressure amid growing skepticism over its efficiency as a medium of exchange and store of value. Investors are keen on US CPI data.

GBP/USD: What to Expect with UK GDP in Focus

GBP/USD is on a rebound, although it is experiencing resistance at 1.3800. Investors are focused on the UK GDP data and the Fed monetary policy report later in the day.

EUR/USD Forecast Ahead of FOMC Meeting Minutes

EUR/USD is on a decline ahead of the FOMC meeting minutes. The mixed economic data from Europe has exerted pressure on the currency pair.

Ripple price: It’s all about the technicals

Ripple price remains under pressure as investors focus on the technicals over the fundamentals. For a downtrend reversal, it has to move past the 200-day EMA.

Silver Price: Is a Breakout Imminent?

Silver price remains range-bound as the US bond yields rebound from Friday’s intraday low. In the new week, the focus will be on manufacturing PMIs from various countries.

Crude Oil Price Forecast Ahead of OPEC+ Meeting

Crude oil price remains on an uptrend ahead of the OPEC+ meeting scheduled for Thursday next week. Analysts expect the alliance to increase output modestly even as demand surges.

Silver price: Key levels to watch with Powell’s Testimony in focus

Silver price is trading sideways for the second consecutive session ahead of Powell’s testimony before the US Congress. The Fed Chair has maintained that price pressures are transitory.

GBP/USD Forecast with BoE Interest Rate Decision on the Horizon

GBP/USD is seesawing along 1.3800 ahead of the BoE interest rate decision. It is likely to be range-bound between 1.3800 and 1.3900 ahead of the event.

GBP/USD Forecast Ahead of the UK Retail Sales

GBP/USD has eased on its decline ahead of the UK retail sales data. The data comes at a time when UK government postponed reopening by a month.

Bitcoin: Key Levels to Watch in the New Week

Bitcoin surged by about 13% on Sunday after Elon Musk’s tweet on reintroducing the crypto as a mode of payment. Focus is now on Wednesday’s Fed decision.