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]
United States CFTC Gold NC Net Positions: $266.7K vs $266.4K
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]
Gold stalls below record highs as softer Dollar and tariff concerns lend support
Gold breaks out above $3,760 and advances toward the recent ATH of $3,791.Fresh US tariffs and geopolitical tensions keep safe-haven demand for Gold underpinned.The core PCE Price Index rose 0.2% MoM and headline PCE rose 0.3% MoM in August, up from … [Continue reading]
Canada: GDP expanded by 0.2% MoM in July
Statistics Canada noted that the Canadian economy expanded by 0.2% in July, coming in above initial estimates of a 0.1% gain and reversing the previous 0.1% monthly contraction.According to the release: “Goods-producing industries rebounded with a … [Continue reading]
GBP/USD Forecast: Bears look to retain control
GBP/USD holds steady at around 1.3350 in the European session on Friday.The pair remains on track to end the second consecutive week in negative territory.The technical outlook points to oversold conditions in the short term.GBP/USD came under heavy … [Continue reading]
USD/CAD maintains position near 1.3950 ahead of US PCE inflation data
USD/CAD hovers near the four-month high of 1.3949, reached on Thursday.The US Dollar receives support as strong economic data may slow the Fed’s interest rate cuts.Canada has finalized its first Indo-Pacific trade deal under Prime Minister Mark … [Continue reading]
Ireland Consumer Confidence climbed from previous 61.1 to 61.7 in September
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]
Ripple Price Prediction: XRP price wobbles as US jobless claims tumble
XRP struggles around the 100-day EMA as volatility spreads across the cryptocurrency market.US Jobless Claims totaled 218K for the week ending September 20, significantly less than the 235K expected.XRP and the broader crypto market remain on edge, … [Continue reading]
Pi Network Price Forecast: PI remains flat as crypto market cools
Pi Network trades flat for the third consecutive day as risk-on sentiment declines in the cryptocurrency market.A scheduled network outage will temporarily disable signup and login features on Thursday.CEXs' reserves continue to decline, indicating … [Continue reading]
Gold Price Forecast: XAU/USD recovery might find resistance at $3.760
Gold has bounced from $3,715 lows, favored by cautious markets as geopolitical tensions remain Technical indicators in the daily chart suggest the possibility of a deeper bearish correction.XAU/USD's upside attempts are likely to find resistance at … [Continue reading]