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]
Australian Dollar maintains position as US Dollar holds losses ahead of Fedspeak
Australian Dollar edges higher as prospects for an RBA rate cut in November fade.RBA Governor Michele Bullock noted that labor market conditions have softened somewhat, with unemployment edging up.San Francisco Fed’s Daly said more rate cuts may be … [Continue reading]
Ethereum Price Forecast: ETH retest $4,000 as its funding rates flips negative
Ethereum price today: $4,150Ethereum funding rates have declined considerably, flashing negative for the second time over the past week.Ethereum ETFs have recorded two consecutive days of outflows, totalling $216 million.ETH continues to test the … [Continue reading]
Fed’s Goolsbee warns against series of rate cuts
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee broke away from the overarching narrative of consecutive Fed rate cuts heading through the end of the year, widening the narrative gap between Fed incumbents and Donald Trump's … [Continue reading]
Gold drifts lower from record highs as Fed caution and US Dollar strength weigh
Gold pauses its record-breaking run after setting a fresh all-time high at $3,791.Fed’s cautious stance and a firmer US Dollar cap upside, while geopolitical tension and rate-cut expectations cushion downside.Market focus shifts to upcoming US data … [Continue reading]
United States MBA Mortgage Applications: 0.6% (September 19) vs previous 29.7%
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]
Australian Dollar advances despite a stronger US Dollar amid Fed caution
Australian Dollar advances after the release of the Monthly Consumer Price Index on Wednesday.Australia’s Monthly Consumer Price Index climbed by 3.0% YoY in August, following the previous increase of 2.8%.Fed Chair Jerome Powell signaled that … [Continue reading]
NZD/USD holds positive ground above 0.5850 amid Fed uncertainty
NZD/USD trades with mild gains around 0.5855 in Wednesday’s Asian session.Fed’s Powell said the outlook for the labor market and inflation faces risks.The Reserve Bank of New Zealand names Anna Breman as new governor. The NZD/USD pair … [Continue reading]