Silver extends rally to a fresh 14-year high near $41.67 before easing towards $41.00.Friday’s weaker-than-expected US NFP data has made a September Fed rate cut almost certain, boosting demand for precious metals.CFTC CoT report shows speculators … [Continue reading]
Will Nonfarm Payrolls revisions hint at a 50 bps Fed cut next week?
The BLS will release the preliminary benchmark revision to employment data on Tuesday.Markets widely expect the Fed to lower the policy rate multiple times this year.Standard Chartered analysts think the Fed could opt for a 50 bps rate cut next … [Continue reading]
Solana Price Forecast: SOL steadies as adoption strengthens with USDG growth and Nasdaq listing
Solana price steadies around $207 on Monday after recovering nearly 3% in the previous week.Robinhood-backed USDG stablecoin supply on Solana has surged nearly 160% over the past month, overtaking Ethereum.SOL Strategies is set to become the first … [Continue reading]
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH, and XRP steadies as improving risk sentiment fuels recovery
Bitcoin price stabilized around $110,900 on Monday, having recovered nearly 3% over the previous week.Ethereum price consolidated between $4,232 and $4,488 for the last nine days, signaling indecisiveness among traders.Ripple’s XRP finds support … [Continue reading]
PBoC buys gold in August for 10th consecutive month
The People’s Bank of China (PBoC) added gold to its reserves in August, extending purchases of bullion into a 10th straight month, official data showed on Sunday.China's gold reserves stood at 74.02 million fine troy ounces at the end of August, up … [Continue reading]
China Foreign Exchange Reserves (MoM) rose from previous $3.292T to $3.322T in August
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]
Colombia Consumer Price Index (MoM) came in at 0.19% below forecasts (0.2%) in August
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]
Colombia Consumer Price Index (YoY) registered at 5.1%, below expectations (5.11%) in August
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]
USD/CHF Price Forecast: Sinks below 0.80 on weak NFP data
USD/CHF breaks under 50-day SMA at 0.8020, closing below 0.8000 with momentum favoring further downside.Bears eye 0.7950 and July 23 low at 0.7911, with path open toward year-to-date trough at 0.7872.Buyers must reclaim 0.8000 and 50-day SMA to … [Continue reading]
EUR/USD jumps to 1.1714 as weak US jobs data sinks Dollar
The Euro climbs as Nonfarm Payrolls show weak hiring, rising unemployment, and steady wage growth in August.US 2-year Treasury yield tumbles as markets fully price in September rate cut; DXY drops 0.70% to 97.57.Traders eye US CPI next week to … [Continue reading]