Month: April 2023

The crypto space endured a series of unfortunate events in 2022, beginning with the Terra debacle and ending with FTX’s chaotic death spiral. These events heightened consumer skepticism and hesitancy toward crypto platforms; yet, the industry is holding steady today. The market is even trending upwards at the time of writing. Crypto’s current potential trajectory toward a
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Gold price rose by Rs 80 to Rs 60,660 per 10 gram in the national capital on Monday amid gains in rates of the precious metal internationally, according to HDFC Securities. In the previous trade, the yellow metal had settled at Rs 60,580 per 10 gram. Silver also climbed Rs 260 to Rs 76,040 per
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Asian trading remains relatively subdued today, with the exception of Yen’s ongoing selloff. Meanwhile, Dollar attempts a weak recovery, while Euro and New Zealand Dollar are softer for now. The focus may shift away from the greenback this week, as significant data releases from other regions take center stage. Specifically, CPI data from the UK,
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Oil prices rose on Friday after the West’s energy watchdog said it expected global demand to rise to a record high this year on the back of a recovery in Chinese consumption. The International Energy Agency (IEA) also warned that output cuts announced by OPEC+ producers could exacerbate an oil supply deficit and hurt consumers.
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Share: NZD/USD is holding near the 0.6200 psychological area. Fed sentiment remained the main driving force. NZD/USD dropped sharply on Friday as the US Dollar resurged as a hawkish narrative surrounding the Federal Reserve resurfaced. NZD/USD dropped to a low of 0.6195 from a high of 0.6314 and is stabilizing around 0.62 the figure currently.  On Friday,
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