Gold sticks to modest intraday gains through the early European session and currently trades around the $4,465 area, just below a one-week high touched this Tuesday. The US military strikes in Venezuela, heightened political tensions between Saudi … [Continue reading]
Gold advances to one-week top amid flight to safety, Fed rate cut bets
Gold (XAU/USD) attracts dip-buyers near the $4,428-4,427 region and climbs to a one-week high during the Asian session on Tuesday amid a combination of supporting factors. The US military strikes in Venezuela, heightened political tensions between … [Continue reading]
United Kingdom BRC Shop Price Index (YoY): 0.7% (December) vs 0.6%
GBP/USD keeps rallying in the American session on Monday, trading at around 1.3530. The US Dollar accelerated its slump following the release of the December ISM Manufacturing PMI. The index contracted to 47.9 from the 48.2 posted in November, … [Continue reading]
Ethereum Price Forecast: BitMine continues accumulation as ETH flips 50-day EMA
Ethereum price today: $3,220Ethereum treasury firm BitMine Immersion acquired 32,977 ETH last week, pushing its total holdings to 4.14 million ETH.The move follows a rebound in ETH ETFs, which posted net inflows of $174 million on their first trading … [Continue reading]
Ripple gains momentum as ETF inflows and derivatives demand rise
Ripple (XRP) edges up above $2.13 at the time of writing on Monday, reflecting steady interest in risk assets across the cryptocurrency market despite geopolitical tensions.XRP is rising for the fifth consecutive day, supported by steady inflows into … [Continue reading]
ISM Manufacturing PMI set to tick up marginally in December, remaining in contraction area
The Institute for Supply Management (ISM) is scheduled to release the December Manufacturing Purchasing Managers’ Index (PMI) on Monday. The index is a trusted measure of the health of the United States (US) manufacturing sector, closely followed by … [Continue reading]
NZD/USD loses ground to near 0.5750 on Venezuela raid, geopolitical risks
The NZD/USD pair attracts some sellers to around 0.5755 during the early European session on Monday. The US Dollar (USD) edges higher against the New Zealand Dollar (NZD) on the global flight to safety, bolstered by rising geopolitical tensions. The … [Continue reading]
NZD/USD bounces off one-month low, down a little above mid-0.5700s after Chinese PMI
The NZD/USD pair rebounds from its lowest level since early December, around the 0.5725-0.5720 region, touched during the Asian session on Monday, and fills the weekly bearish gap opening. Spot prices, however, struggle to capitalize on the move up … [Continue reading]
Breaking: US Trump speaks about Venezuelan President Maduro’s capture
United States (US) President Donald Trump gave a press conference at his residence in Mar-a-Lago. Trump confirmed the capture of Venezuelan President Nicolás Maduro and his wife: “Maduro and his wife both will face US justice,” Trump said, adding the … [Continue reading]
Breaking: US Trump strikes Venezuela, claims President Maduro was captured and flown out of the country
United States (US) President Donald Trump has fulfilled his threats and finally struck Venezuela. Different media reports that explosions in Caracas began around 1:50 am local time on Saturday, leaving multiple areas of the city without power.As the … [Continue reading]