Category: Price Analysis
A 100% Rise Expected in Polygon’s Value as Nubank Shows Interest in Network
It may come as a surprise for the entire cryptocurrency community but something big may happen with Polygon (MATIC). Suddenly, the Polygon network has become…
Treasury Yields Provide Strong Footing To USD While Hot Inflation Data Causes GBP To Decline
In Wednesday’s trading session, the trading value of the US dollar bounced from a low trading figure. The data shows that prior to the bounce,…
Tether Top Stablecoin Trade Volumes Amid Market Cap Decline
As the crypto market bloodbath continues, stablecoins are not exempted from the broader market correction. Amid the industry turbulence, Tether (USDT) stands tall as the…
US Dollar Falls After Reaching 32 Year High Against Yen
The US dollar sees a major fall in its prices following a major spike that was influenced by rising inflation. In the past week, the…
Ruble Is Looking At A Downtrend With Ukraine Escalations Causing Great Fears
The Russian rouble seems to have taken a huge hit in the recent trading session. In the latest trading session, the rouble’s value ended up…
Japan Wants To Support Value Of Yen Spending Almost $20 Billion
The Japanese Government has recently taken a step in order to help boost the value of the yen. The government passed an order where it…
Bank Of England (BoE) Expected To Go Big On Rate Hike In November
Even though the British pound has recorded massive declines, the Bank of England (BoE) is not expected to boost interest rates before its scheduled announcement…
UK Economy Still Below Pre-Pandemic Levels
On Friday, data published showed that the UK economy was still below its peak before the pandemic had hit, which left the country away from…
ECB Considering Jumbo Rate Hike For Battling Inflation
On Thursday, policymakers of the European Central Bank (ECB) added more support for a big interest rate hike, as data showed that inflation in the…
BIS Backs Rate Hike Despite Risk Of Recession
The Bank for International Settlements (BIS) is recognized as the umbrella body for the world’s central bank. The body recently urged all major economies to…
