The Dow Jones Industrial Average (DJIA) knocked sharply lower on Thursday following a week-long meandering period. The Dow tumbled into the 46,300 region after opening the American market session near 46,600, knocking the major equity index down … [Continue reading]
GBP/USD falls to two-week low as Dollar momentum strengthens
The GBP/USD tumbles during the North American session as the Greenback reaches a 9-week high as depicted to the US Dollar Index (DXY), hitting 99.39 as hedge funds increase bets on Dollar gains towards the year end, according to a Bloomberg article. … [Continue reading]
USD/CHF Price Forecast: Refreshes monthly high near 0.8040
The USD/CHF pair posts a fresh monthly high near 0.8040 during the European trading session on Thursday. The Swiss Franc pair trades firmly as the US Dollar (USD) trades close to its two-month high ahead of the speech from Federal Reserve’s (Fed) … [Continue reading]
Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $62.24 per barrel, up from Wednesday’s close at $61.92.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $65.81 price posted … [Continue reading]
Australian Dollar rises following Consumer Inflation Expectations release
The Australian Dollar (AUD) advances against the US Dollar (USD) on Thursday, extending its gains for the second successive session. The AUD/USD pair gains ground following the release of Australia’s Consumer Inflation Expectations for October, which … [Continue reading]
Ethereum Price Forecast: ETH reclaims $4,500 as Bit Digital expands treasury to 150,244 ETH
Ethereum price today: $4,520Bit Digital has expanded its Ethereum treasury to 150,244 ETH after closing a $150 million offering.US spot Ethereum ETFs have recorded seven consecutive days of net inflows, totaling $1.9 billion.ETH bounced off the … [Continue reading]
Gold extends record run above $4,000 as traders await Fed Meeting Minutes
Gold (XAU/USD) marks another milestone on Wednesday, smashing through the $4,000 level for the first time as investors flock to the precious metal amid global economic and political uncertainty, coupled with a dovish Federal Reserve (Fed) outlook.At … [Continue reading]
Solana Price Forecast: SOL bulls eye $250 breakout, but declining on-chain activity could delay move
Solana (SOL) offers subtle bullish signals, trading above $220 on Wednesday. The short-term outlook for the smart contracts token mirrors that of the broader cryptocurrency market, which is generally recovering after the correction experienced on … [Continue reading]
EUR/JPY Price Forecast: Rises to near 177.50, records fresh highs within overbought zone
EUR/JPY remains stronger for the fourth successive session, trading around 177.40 during the European hours, near 177.46, an all-time high reached on Wednesday. The technical analysis of the daily chart indicates that short-term price momentum is … [Continue reading]
XRP slides 4%, cedes to BNB as third-largest crypto
XRP declined 4% on Tuesday as growing fear, uncertainty and doubt (FUD) triggered increased selling pressure for the asset. The decline was accompanied by BNB overtaking XRP to become the third-largest cryptocurrency by market capitalization.XRP … [Continue reading]