US Payrolls were stronger than expected in September, and rose by 119k, private sector payrolls rose by 97k, and wage growth also rose a notch to 3.8%. On the surface, this suggests that the US labour market is stronger than feared, however, if … [Continue reading]
US Dollar Index (DXY) reaches resistance near 100.50 ahead of the NFP release
The US Dollar is trading higher across the board on Thursday as investors pare back bets of a Fed interest rate cut in December. The USD Index, which measures the value of the Dollar against a basket of peers, has reached the area between 100.35 and … [Continue reading]
Pi Network rises as MiCA whitepaper boosts sentiment and technical outlook
Pi Network (PI) is up 11% so far this week, underpinned by its whitepaper on the Market in Crypto-Assets (MiCA) regulations for the European Union (EU) markets. The technical outlook remains bullish as PI exceeds the long-standing dynamic … [Continue reading]
Top Gainers: Starknet, Zcash, Artificial Superintelligence Alliance drive crypto recovery
Starknet (STRK), Zcash (ZEC), and Artificial Superintelligence Alliance (FET) are outpacing the short-term recovery in the cryptocurrency market, posting double-digit gains over the last 24 hours. The privacy coins and Artificial Intelligence (AI) … [Continue reading]
Privacy coins Starknet, Zcash defy market decline, record double-digit gains
Starknet (STRK) and Zcash (ZEC) jumped 20% and 10%, respectively, on Wednesday as market confidence in the privacy trend shows signs of returning.Starknet ecosystem gains strength, eyes $0.32Starknet returned to the limelight on Wednesday, racking up … [Continue reading]
New Zealand Dollar declines amid risk aversion, RBNZ rate cut expectations
NZD/USD trades around 0.5600 at the time of writing on Wednesday, down 1.10% on the day, hitting a new eight-month low as disappointing New Zealand data and a broader deterioration in risk sentiment weigh heavily on the currency.The New Zealand … [Continue reading]
United States Goods Trade Balance down to $-85.6B in August from previous $-85.5B
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 Kingdom DCLG House Price Index (YoY) fell from previous 3% to 2.6% in September
Gold builds on the previous day's recovery from levels just below the $4,000 psychological mark, or a one-and-a-half-week low, and gains positive traction for the second straight day. The momentum lifts the bullion to the top end of its weekly … [Continue reading]
EUR/JPY softens to near 180.00 on intervention fears
The EUR/JPY cross loses ground to near 180.00 during the early European session on Wednesday. The Japanese Yen (JPY) strengthens against the Euro (EUR) amid speculations that Japanese authorities would step into the market to stem further weakness in … [Continue reading]
Australia Westpac Leading Index (MoM): 0.1% (October) vs -0.03%
Gold price attracts some buyers to around $4,070, snapping the three-day losing streak during the early Asian session on Wednesday. The precious metal rises amid the risk-off sentiment as traders brace for the long-awaited return of US … [Continue reading]