Analysis

Investing.com-- Asian currencies firmed on Friday, while the dollar retreated as markets bet that the Federal Reserve will kick off an easing cycle from next week, with focus squarely on the scale of a potential interest rate cut. 

In the last analysis, we discussed the chance of more gains in BNB price above the $525 resistance. The price outperformed Ethereum and Bitcoin. It surged above the $525 and $535 levels.

On-chain data shows the Bitcoin Active Addresses metric has plunged to very low levels recently. Here’s what this could mean for the asset’s price.

Investing.com-- More than 30,000 Boeing Co (NYSE:BA) workers will go on strike from Friday after the company’s West Coast factory workers voted to strike over demands for higher pay, presenting more challenges for the planemaker. 

The EUR/USD pair builds on the previous day's goodish recovery move from the 1.1000 psychological mark, or a nearly four-week low and attracts some follow-through buyers for the second straight day on Friday.

TradingKey - The European Central Bank (ECB) has cut rates by 25 bps, as anticipated. The market expects an additional 36 bps of cuts from the ECB this year, while the Fed is projected to lower rates by 100 bps. This raises the question: Is the euro more resilient than the dollar?

U.S. equities were higher at the close on Thursday, as gains in the Consumer Services, Technology and Basic Materials sectors propelled shares higher.

The market’s Fed-centric tilt continues unabated as the wait for rate cuts rolls on.

dYdX now incorporates Keplr Wallet, allowing users to access over 130 markets with just three clicks.

Geoff Kendrick, the Head of Crypto Research at Standard Chartered Bank, has put forth bullish predictions regarding the Bitcoin price trajectory in the event of the 2024 US presidential election. 

Nike Inc (NYSE:NKE) has a chance to reinvigorate investor sentiment as it gears up to report fiscal Q1 earnings, but UBS warns the sportswear giant's results and guidance is likely to show further weakness ahead.

Silver's price rallied sharply on Thursday and gained over 4.30% during the day, trading at $29.90 after bouncing off daily lows of $28.54.

TradingKey- UBS CEO Sergio Ermotti has urged the European Central Bank (ECB) to adopt a cautious approach and suggested that a "moderate" rate cut would be appropriate.

A report from Glassnode has revealed that the Bitcoin transfer volume has been losing momentum recently, a sign that may not be positive for BTC.

US stock futures edged up on Thursday following a tech-fueled rally on Wall Street in the previous session.

The European Central Bank is expected to cut key rates by 25 bps at the September policy meeting.

The Bitcoin derivatives market has reached a notable milestone, as the estimated leverage ratio for the asset has surged to its highest level of the year, latest data from CryptoQuant shows.

Japan equities were higher at the close on Thursday, as gains in the Construction, Power and Marine Transport sectors propelled shares higher.

USD/JPY breaks its two-day losing streak, trading around 142.90 during the European hours on Thursday.

The AUD/USD pair gains ground following soft Consumer Inflation Expectations from Australia released on Thursday. Additionally, the former Reserve Bank of Australia (RBA) Governor Bernie Fraser criticized the current RBA board for being overly focused on inflation at the expense of the job market.