Page 42 - Simple Moving Average News Today

The Mexican Peso (MXN) begins this week on the back foot for the third consecutive week against the US Dollar (USD) as traders remain cautious ahead of the US Federal Reserve’s (Fed) monetary policy decision.

Solana (SOL) price is making a comeback, indicated by a developing V-shaped recovery after a 25% fall that began on January 18.

Binance Coin (BNB) price has been consolidating within a descending parallel channel after recording a local top around the $338.3.

In today's crypto market, CFX, ENS, SPONGE v2, and Bitcoin Minetrix stand out as the top gainers, showcasing significant price increases. 

Polygon (MATIC) price is attempting a recovery rally after a prolonged downtrend.

US equity indexes climbed into fresh record highs on Thursday after US economic data beat the street with US Gross Domestic Product (GDP) growing faster than median market forecasts anticipated.

The GBP/JPY strung along the midrange on Thursday, trading on the low side of the 188.00 handle as markets gear up for Japan’s Tokyo Consumer Price Index (CPI) inflation print early Friday.

The Japanese Yen (JPY) ticks lower against its American counterpart during the Asian session on Friday after data showed that consumer inflation in Japan's national capital decelerated sharply in January.

EUR/USD tumbled back into the low side of 1.0850 as the pair resumes cycling within familiar levels on the week, with bearish flows forcing the Euro (EUR) further down against the US Dollar (USD) after the European Central Bank (ECB) held rates steady and US Gross Domestic Product (GDP) figures grew faster than expected in the fourth quarter.

Tesla (TSLA) stock plummeted 12.13% on Thursday, the electric vehicle (EV) company’s worst outing, percentage-wise, since January 3, 2023.