Bitcoin price today:$73,200 Bitcoin soars to a new all-time high of $75,407 on Wednesday as Trump wins the US presidential election. The technical outlook suggests that BTC’s next target could be the 141.40% Fibonacci extension level above $78,000. … [Continue reading]
USD/JPY Price Forecast: US election-led rally beyond 154.00 sets the stage for additional gains
USD/JPY jumps to a multi-month top as the Trump enthusiasm provides a strong boost to the USD. Surging US bond yields, the risk-on environment and the BoJ uncertainty weigh heavily on the JPY. The supportive fundamental backdrop and the … [Continue reading]
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC breaks all-time high of $73,777 as Trump takes the lead
Bitcoin breaks above its all-time high of $73,777 on Wednesday as Donald Trump leads in the presidential election. Ethereum approaches the $2,485 resistance level; a firm close above could signal a possible upward momentum. Ripple price finds support … [Continue reading]
USD/CAD softens below 1.3850 as traders brace for US election results
USD/CAD edges lower to around 1.3825 in Wednesday’s early Asian session. Election-related uncertainty weighs on the USD. Higher crude oil prices might support the Loonie for the time being. The USD/CAD pair weakens to near 1.3825 … [Continue reading]
Mexican Peso tumbles as US election, judicial reform stir market uncertainty
Mexican Peso depreciates against the US Dollar, as USD/MXN remains above 20.00 figure. Mexican Supreme Court debates judiciary reform amid rising domestic political tensions. US election in close race adds to Peso's depreciation as investors seek … [Continue reading]
US Election 2024: Exit polls awaited as voting begins
American voters have started casting their ballots to decide whether Vice President Kamala Harris or former President Donald Trump will become the 47th President of the United States. Latest election polls point to a tight race. The TIPP poll … [Continue reading]
USD: And now we wait – Commerzbank
In 1845, the US Congress decreed that presidential elections should always be held on the first Tuesday after the first Monday in November. The date was chosen to fall after the autumn harvest but before the onset of winter, which could make travel … [Continue reading]
Gold price recovers early lost ground to over one-week low amid US election concerns
Gold price slides to a one-week low amid some repositioning trades ahead of the US election. Fed rate cut bets, falling US bond yields and subdued USD demand help limit the downside. Middle East tensions also offer support to the XAU/USD and … [Continue reading]
RBA expected to extend the pause into the eighth straight meeting in November
Australia’s benchmark interest rate is set to stay unchanged at 4.35% in November. The focus remains on Reserve Bank of Australia Governor Michele Bullock’s comments and updated economic forecasts. The Australian Dollar could wilt if RBA Governor … [Continue reading]
Australian Dollar rises ahead of RBA decision and US election
AUD/USD surges higher in light of hawkish RBA and uncertainty over US election. US Dollar weakens on speculation of Kamala Harris victory and Fed's dovish rate cut bets. US Nonfarm Payrolls disappointed, missing estimates and casting doubt on Fed's … [Continue reading]