Gold now gives away some gains and disputes the key $4,300 zone per troy ounce following earlier multi-week highs. The move is being driven by expectations that the Fed will deliver further rate cuts next year, with the yellow metal climbing … [Continue reading]
Trump eyes Warsh and Hassett as top contenders to replace Powell in 2026 – WSJ
In an interview with the Wall Street Journal, the US President Donald Trump revealed that he is leaning on former Fed Governor Kevin Warsh and also on the National Economic Council Director Kevin Hassett to lead the Federal Reserve since May … [Continue reading]
Silver Price Analysis: Drops after hitting all-time high, retracement risk looms
Silver prices plunges after hitting an all-time high (ATH) of $64.65 losses 2.75% as investors book profits ahead of the weekend, as Federal Reserve officials remain divided about future monetary policy meetings. At the time of writing, XAG/USD … [Continue reading]
US Dollar Weekly Forecast: Sell-off done?
The week that wasThe Greenback retreated for the third consecutive week and remains well on track to end its second straight month of losses.That said, the US Dollar Index (DXY) remained well on the defensive, approaching the key 98.00 contention … [Continue reading]
Cheaper European Gas diverts Qatari LNG toward India – Commerzbank
Lower European Gas prices (TTF) are having an impact: according to an analysis of ship tracking data by Bloomberg, LNG shipments from Qatar have recently been diverted away from Europe to India, Commerzbank's Head of FX and Commodity Research Thu Lan … [Continue reading]
USD/INR holds onto US-India trade uncertainty-led gains, India’s CPI rises 0.7%
The Indian Rupee (INR) extends its decline against the US Dollar (USD) on Friday, with the USD/INR pair hitting fresh all-time highs at 90.86. The Indian currency continues to underperform its peers as investors remain anxious over whether the United … [Continue reading]
Meme Coins Price Prediction: DOGE, SHIB, PEPE stall amid warming retail demand
Meme coins, including Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), struggle to regain strength as the broader cryptocurrency market recovers. Derivatives data reveals fresh retail demand as Open Interest of DOGE, SHIB, and PEPE futures surge. … [Continue reading]
PBOC sets USD/CNY reference rate at 7.0638 vs. 7.0686 previous
On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 7.0638 compared to the previous day's fix of 7.0686. PBOC FAQs The primary monetary policy objectives of the People's Bank of China (PBoC) … [Continue reading]
New Zealand Business NZ PMI: 51.4 (November)
Broad US Dollar weakness helps the bright metal to extend weekly gains. The XAU/USD pair trades above $4,250, its highest for the week and not far from its record high in the $4,380 region. The Greenback came under selling pressure on Wednesday … [Continue reading]
XRP falters as retail interest wanes and Fed rate cut weighs
Ripple (XRP) is trading above $2.00 at the time of writing on Thursday, weighed down by increasing selling pressure in the broader cryptocurrency market. Short-term technical signals underpin the bearish outlook, which could accelerate the downtrend … [Continue reading]