Financial and Business News
The Turkish lira continues its free fall, down some 6% daily. The CBRT central bank
The People’s Bank of China (PBOC) set the USD/CNY reference rate at 6.3674 on Thursday
AUD/USD remains firmer after refreshing five-week high, picks up bids of late. Bull cross, firmer
USD/JPY struggles to keep the previous day’s upside momentum around five-week high. US Treasury yields
NZD/USD extends the previous day’s upside momentum, refreshes intraday high. Bullish MACD signals, successful trading
USD/CAD takes offers to refresh fortnight low, down for second consecutive day. Oil prices stay
XRP price action develops an effective bear trap. Short sellers and weak hands will experience
Avalanche Foundation distributed $180 million in incentives, leading the DeFi rally; however, price has plunged.
Cardano price action develops a bullish continuation pattern on its Point and Figure chart. Downside
Terra’s LUNA retracement is still in the works, further downside pressure likely – but limited.
