West Texas Intermediate (WTI) US Oil trades around $59.80 per barrel on Friday at the time of writing, up 1.60% on the day. The Crude Oil is recovering part of the ground lost over the previous two sessions as investors reassess geopolitical risks in … [Continue reading]
Ripple Price Forecast: XRP edges down amid rising exchange reserves, market weakness
Ripple (XRP) is edging lower toward the pivotal $2.00 level at the time of writing on Friday, marking three consecutive days of declines. The sell-off extends across the crypto market, with Bitcoin (BTC) falling toward $95,000 and Ethereum (ETH) … [Continue reading]
Silver Price Forecast: XAG/USD falls to near $91.00 due to risk-on sentiment
Silver price (XAG/USD) extends its losses for the second successive session, trading around $91.00 during the European hours on Friday. Silver price loses ground amid decreasing safe-haven demand, which could be attributed to easing concerns over … [Continue reading]
Silver Price Forecast: XAG/USD rally hits pause as US defers import tariffs on critical minerals
Silver price (XAG/USD) trades over 2% lower to near $90.40 during the Asian trading session on Friday. The white metal struggles to extend its rally after posting a fresh all-time high near $93.90 on Wednesday.The asset has come under pressure as the … [Continue reading]
Ethereum Price Forecast: ETH’s rise driven by spot investors amid drop in leverage exposure
Ethereum price today: $3,310The decline in Ethereum's estimated leverage ratio, alongside a drop in open interest, indicates ETH's recent rise has been spot-driven.US investors are leading buying activity again following a recovery in the Coinbase … [Continue reading]
WTI Price Forecast: Oil struggles below $60 as bullish momentum fades
West Texas Intermediate (WTI) edges lower on Thursday, giving back this week’s gains as geopolitical risk premiums fade after US President Donald Trump softened his rhetoric on Iran, easing fears of imminent military action. At the time of writing, … [Continue reading]
EUR/USD Price Forecast: Bears gain ground, lower lows ahead
EUR/USD Current price: 1.1607Increased uncertainty pushes the US Dollar marginally higher.EU and US upbeat macroeconomic data not enough to lift the market’s mood.EUR/USD gains downward traction, critical support at 1.1590The EUR/USD pair eases … [Continue reading]
EU: Mercosur trade deal a strategic geopolitical win – Standard Chartered
EU to sign a free trade agreement with the Mercosur bloc 25 years after first entering talks. The deal, still pending ratification, will reduce import duties on over 90% of exports over 15 years. Mercosur likely to see greater economic benefit; for … [Continue reading]
US Dollar Index strengthens above 99.00 on robust US Retail Sales
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a positive note around 99.15 during the early European session on Thursday. The weekly US Initial … [Continue reading]
Gold Price Forecast: XAU/USD climbs above $4,600 as geopolitical tensions escalate
Gold price (XAU/USD) climbs to near $4,615 and is set to retest a record high during the early Asian session on Thursday. The precious metal extends its upside as traders flock to safe havens amid geopolitical and economic uncertainties. Traders … [Continue reading]