Ethereum price today: $3,920Ethereum briefly reclaimed $4,000 as the US recorded a softer-than-expected CPI in September.ETH is showing signs of recovery, with investors projecting an 85% chance of two more rate cuts in 2025.The top altcoin has … [Continue reading]
Gold rebounds after softer US CPI data reinforces Fed cut bets
Gold price erases earlier losses, rises over 0.10% on Friday following the release of the September inflation report in the US, which showed that prices climbed but would not deter the Federal Reserve (Fed) from cutting rates next week. XAU/USD … [Continue reading]
XRP bulls tighten grip as CME Group futures volume hit $26 billion in 5 months
Ripple (XRP) increases in tandem with the broader cryptocurrency market, trading above $2.45 on Friday. Market participants anticipate volatility following the release of the US Consumer Price Index (CPI), which showed that inflation is rising, but … [Continue reading]
AUD/USD holds steady as mixed US data keeps traders cautious
The Australian Dollar (AUD) is virtually unchanged against the US Dollar (USD) on Friday after volatile two-way price action driven by a mix of US macro data. At the time of writing, AUD/USD trades around 0.6511, holding steady after earlier swings … [Continue reading]
Gold rebounds after soft US inflation data bolsters Fed rate cut bets
Gold (XAU/USD) stages a rebound on Friday, trimming intraday losses after softer-than-expected US Consumer Price Index (CPI) data. At the time of writing, XAU/USD is trading around $4,130, recovering from session lows near $4,044, though the metal … [Continue reading]
United States Baker Hughes US Oil Rig Count came in at 420, above forecasts (416)
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
US Dollar Weekly Forecast: Land of confusion
The week that wasThe US Dollar (USD) began the week on a firm footing, though its early momentum faded as the days went on. Even so, the US Dollar Index (DXY) managed to close with modest gains around the 99.00 mark, enough to erase the previous … [Continue reading]
Pump.fun Price Forecast: PUMP shows bullish signs despite falling revenue, DEX volume
Pump.fun (PUMP) edges higher, trading marginally above $0.0040 after pulling back from an intraday high of $0.0042 on Friday. The meme coin launchpad native token builds on a bullish wave in the broader cryptocurrency market, which … [Continue reading]
EUR/USD Weekly Forecast: Gearing up for Fed, ECB announcements
The EUR/USD pair ends the week with modest losses in the 1.1620 region, having shown little signs of life over the past few days. Financial markets got little to work with amid the continued United States (US) government shutdown and the subsequent … [Continue reading]
USD/JPY consolidates near 153.00 with US Inflation, PMIs on focus
The US Dollar holds previous gains, with price action steady, a few pips below the 153.00 line. Investors are biding their time ahead of the releases of September’s US Consumer Prices Index (CPI) data and October’s preliminary S&P Global … [Continue reading]