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]
Canada S&P Global Manufacturing PMI climbed from previous 48.4 to 48.6 in December
Gold retreated sharply from the $4,400 area and trades flat for the day in the $4,320 price zone. Choppy trading conditions exacerbated the intraday decline, although XAU/USD bearish case is out of the picture, considering growing expectations … [Continue reading]
Singapore Manufacturing PMI increased to 50.3 in December from previous 50.2
Gold retreated sharply from the $4,400 area and trades flat for the day in the $4,320 price zone. Choppy trading conditions exacerbated the intraday decline, although XAU/USD bearish case is out of the picture, considering growing expectations … [Continue reading]
Brazil S&P Global Manufacturing PMI: 47.6 (December) vs previous 48.8
Gold retreated sharply from the $4,400 area and trades flat for the day in the $4,320 price zone. Choppy trading conditions exacerbated the intraday decline, although XAU/USD bearish case is out of the picture, considering growing expectations … [Continue reading]
GBP/USD dips below 1.3450 following final UK manufacturing PMI data
The Pound has been rejected at 1.3475 on the early London trading session on Friday, and retreated to session lows at the 1.3450 area at the time of writing. The pair has turned negative on the daily chart following the downward revision of the UK’s … [Continue reading]
Forex Today: Markets remain quiet to begin 2026
Here is what you need to know on Friday, January 2:Financial markets remain in holiday mood as the first trading day of the new year gets underway. The economic calendar will not offer any high-tier data releases on Friday and trading volumes could … [Continue reading]
GBP/USD gathers strength above 1.3450 on Fed rate cut bets, BoE’s gradual policy path
The GBP/USD pair gathers strength to around 1.3480 during the early Asian session on Friday. Expectations of the US Federal Reserve (Fed) rate cuts this year weigh on the US Dollar (USD) against the Pound Sterling (GBP). Philadelphia Fed President … [Continue reading]
Bitcoin Price Forecast: BTC hovers above $87,000 amid risk-averse New Year
Bitcoin (BTC) price hovers above $87,000 a press time on Thursday, holding steady after a 1% drop on the previous day. Institutional interest weakened by the end of last year, while corporate demand continues to accumulate. Derivatives data suggest a … [Continue reading]
Meme Coins Price Prediction: Dogecoin, Shiba Inu, Pepe struggle to recover
Meme coins, including Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), started the New Year under bearish pressure after Wednesday's decline of 2% to 4%. Large wallet investors, popularly known as whales, accumulate DOGE but lose confidence in … [Continue reading]
Terra Classic Price Forecast: LUNC recovers on the New Year amid steady burn rate
Terra Classic (LUNC) is down 1% at press time on Thursday, taking a breather after Wednesday’s 13% rise. A steady burn of LUNC supply, with over 124 million LUNC tokens wiped out on Wednesday, fueled short-term surges in Terra Classic. However, the … [Continue reading]