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 prices climb as US yields slide amid heightened Middle East tensions
Gold surges 1% as US Treasury yields retreat ahead of key CPI data, with the 10-year yield down to 3.902%. Ongoing tensions in the Middle East, with no ceasefire in sight, drive demand for Gold’s safe-haven status. Traders await critical US inflation … [Continue reading]
AUD/USD: A rally is still on the cards – ING
The AUD OIS curve still includes one rate cut by year-end, ING’s FX analysts Francesco Pesole and Chris Turner note. 0.68 still looks within reach for AUD “That is surely possible if Australian inflation eases and the Fed cuts big, but for now, the … [Continue reading]
US Dollar has soft start of the week with all eyes on inflation
The US Dollar is flat to marginally gaining against most major peers. All eyes are on the US inflation print for July being released on Wednesday. The US Dollar index resides near a key level, and a substantial move could be seen later … [Continue reading]
Australian Dollar advances as RBA may raise rates again if needed
The Australian Dollar appreciates as the RBA may increase rates again if needed. The safe-haven flows may limit the upside of the AUD amid escalated Middle-East tensions. Fed Governor Michelle Bowman suggested that the US central bank may not be … [Continue reading]
New Zealand Dollar gathers strength, RBNZ rate decision in spotlight
The New Zealand Dollar gains traction in Monday’s early Asian session. Diminishing odds of an RBNZ rate cut and hotter Chinese inflation data underpin the Kiwi. The RBNZ monetary policy meeting will take center stage on Wednesday. The … [Continue reading]
Arbitrum, Aptos, Starkware, SAND lead $220 million token unlocks next week
The crypto market will experience $220 million worth of token unlocks next week. ARB, APT, SAND, and STRK lead the unlocks with over $180 million combined unlocks. CYBER, ENA, and RENDER will see further unlocks, adding to previous hikes in their … [Continue reading]
$560 million Ethereum options expire amid weakening bearish momentum
Ethereum's recent decline could alter predictions of ETFs sending ETH to an all-time high of around $5,000. ETH options worth $560 million expired on Friday amid market crash. Ethereum could reclaim key support level as technical indicators … [Continue reading]
Key Bitcoin metrics to watch out for ahead of next week following market sell-off
Bitcoin's MVRV moving below its 365-day moving average indicates potential for further decline or start of a bear market. BTC short-term holders took in 97% of losses realized during Monday's market crash. Stablecoin exchange netflow has risen close … [Continue reading]
Australian Dollar saw red on Friday, fundamentals might limit the downside
AUD/USD slightly retreats, settling near 0.6575 on Friday. RBA reiterates its hawkish stance, contributing to a buoyant AUD. Investors digest Chinese inflation reported during the European session. The AUD/USD pair witnessed a minor setback at … [Continue reading]