Bitcoin trades near $107,000 on Friday as the US core PCE data for May came in higher than expected.The core PCE rose to 2.7%, above expectations of 2.6%, which could further slow the Federal Reserve's decision to cut rates.The calm in the market … [Continue reading]
EUR/USD slips below 1.1700 as core PCE tops estimates, Eurozone data mixed
EUR/USD pulls back to 1.1695 after hitting yearly peak above 1.1750.US core PCE inflation rises above expectations; consumer sentiment improves, weighing on Euro.ECB’s Knot sees one more cut in 2025; French inflation cools, Spain’s HICP exceeds … [Continue reading]
Gold tanks as China deal and Mideast diplomacy spark market euphoria
XAU/USD falls over 1.5% as safe-haven demand wanes on global trade and geopolitical easing.US-China trade deal signed; more agreements expected before July 9, boosting sentiment.Iran signals diplomacy; Israel–Gaza war may end in two weeks, says Al … [Continue reading]
Dow Jones Industrial Average tests further highs as interest rate cut bets climb
The Dow Jones made a bullish push for the 44,000 region on Friday.Equities are on the rise as investors bank on US trade deals.Traders are hoping for three Fed rate cuts by the end of 2025, to begin in September.The Dow Jones Industrial Average … [Continue reading]
AUD/USD retreats from YTD highs as risk sentiment steadies, US Dollar firms
AUD/USD weakens after reaching a fresh YTD high of 0.6564 on Thursday.US-China trade lifts risk sentiment, but profit taking and a firmer USD limit gains.AUD/USD is heading toward 0.6500, with bullish momentum fading above 0.6550.The Australian … [Continue reading]
Eurozone CFTC EUR NC Net Positions increased to €111.1K from previous €101.6K
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]
Japan CFTC JPY NC Net Positions increased to ¥132.3K from previous ¥130.9K
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]
Dow Jones Industrial Average accelerates into the high end as interest rate cut bets climb
The Dow Jones made a bullish push for the 44,000 region on Friday.Equities are on the rise as investors bank on US trade deals.Traders are hoping for three Fed rate cuts by the end of 2025, to begin in September.The Dow Jones Industrial Average … [Continue reading]
United States UoM 1-year Consumer Inflation Expectations came in at 5%, below expectations (5.1%) in June
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]
Aave Price Prediction: AAVE surges over 10% this week as on-chain metrics and bullish bets soar
Aave price trades higher above $260 on Friday, having rallied over 10% so far this week.AAVE on-chain data presents a bullish outlook, with active loans and revenues reaching record highs.The technical outlook suggests a rally following a rebound … [Continue reading]