Chicago Federal Reserve (Fed) President Austan Goolsbee said in an interview with Fox Business that the labor market is steady and that “the inflation side of the Fed’s job is more important.”Goolsbee said he is open to seeing if there’s evidence … [Continue reading]
XRP breaks out above $1.50 as ETF inflows support recovery
Ripple (XRP) edges higher, trading around $1.54 at the time of writing on Friday as bullish pressure intensifies across the crypto market. This recovery from weekly lows of $1.47 underscores growing appetite for crypto assets and the shift in market … [Continue reading]
Crypto Today: Bitcoin, Ethereum and XRP gains reinforce bullish outlook
Cryptocurrency prices are broadly recovering on Friday, led by Bitcoin (BTC) moving above $86,000. Ethereum (ETH) has reaffirmed its bullish outlook, rising above $2,700 while the immediate area at $2,800 caps upside. Meanwhile, Ripple (XRP) hovers … [Continue reading]
US Dollar Index Price Forecast: Hawkish Fed pricing backs more upside above 102.20
The US Dollar (USD) trades marginally lower on Friday ahead of the United States (US) Nonfarm Payrolls (NFP) data for September at 12:30 GMT. In the early European trade, the US Dollar Index (DXY), which gauges the Greenback’s value against six major … [Continue reading]
United States Dollar Index sits near March 2025 highs, above 102.00 ahead of US NFP
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts buyers for the fifth straight day and climbs back above the 102.00 mark during the Asian session on Friday. The Index remains close to its highest level … [Continue reading]
Gold defies US Dollar surge as US yield slide revives Bullion demand
Gold price drifted higher, posting modest gains of over 0.40% on Thursday as US Treasury yields dove after Wednesday's inflation data, triggering a trimming of hawkish Fed bets for the October meeting. The XAU/USD trades at $4,175, up 0.4%.XAU/USD … [Continue reading]
Near Protocol slides below $5.00 after Near Intents $4M exploit
Near Protocol (NEAR) uptrend has been cut short, as the price slides below $5.00 on Thursday. The correction comes after an exploit on the network’s Near Intents services, which affected deposits and withdrawals across 11 crypto networks.NEAR is … [Continue reading]
Ripple Price Forecast: XRP risks deeper losses below $1.50
Ripple (XRP) shows signs of weakness as it slides below $1.50 on Thursday. The correction from September highs of $1.66 aligns with recent struggles faced by major assets Bitcoin (BTC) and Ethereum (ETH). BTC currently trades above $83,000 while its … [Continue reading]
WTI recovers strongly above $90 even as Middle East oil flows reach pre-war levels
West Texas Intermediate (WTI), futures on NYMEX, claws back its slight early losses after attracting significant bids slightly below $88.00. The oil price has recovered vertically and has reclaimed the $90.00, trading 1.7% higher near $91.00 in the … [Continue reading]
United States Dollar Index approaches yearly high near 101.80, US ISM PMI in focus
The US Dollar (USD) outperforms its major currency peers on Thursday. In the Asian session, the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, trades 0.13% higher to near 101.60. The DXY is little far from its … [Continue reading]