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Market Analysis

The Australian Dollar thanks Waller's comments, which sink the USD

The Australian Dollar rises against the US Dollar on Thursday as Fed Governor Waller turns moderately dovish ahead of the September meeting, even as Oil prices rise due to a resumption of hostilities in the Middle East.…

3 min read

Banxico’s Heath says rate cuts can wait as core inflation persists

The Bank of Mexico (Banxico) Deputy Governor Jonathan Heath said that the central bank can wait to reduce interest rates, signaling that further easing is possible but in about a year or more, as he qualified the curren…

2 min read

USD/JPY Falls as JGB Yields Rewrite the Yen’s Long-Term Case

Last chance to short $OSE:NK2251! OSE:NK2251! formed top 73000 at 23 June, move downward and formed wave 1 & 2. The key point to confirm downtrend is 66500. If drop below, the 1st target is 63000 (wave 3) and rebound to…

42 min read

New XRP Ledger Tool Turns Amendment Testing Into Public Scorecard

XRPL developer Denis Angell launched a live dashboard this week that scores every amendment on the XRP Ledger for how much of its functionality has actually been exercised on devnet before it reaches mainnet.

2 min read

Nvidia strikes $12.9bn deal to buy AI platform Hugging Face

Nvidia has agreed to buy artificial intelligence platform Hugging Face in a deal valued at about $12.9bn (£9.5bn), one of the AI chipmaker's biggest acquisitions as it expands into software.

2 min read