GBP/USD maintains its upside momentum in place, hovering around daily highs near 1.3650 and setting aside part of the recent three-day drop. Cable’s improved sentiment comes on the back of the Greenback’s irresolute price action, while recent … [Continue reading]
Australia CFTC AUD NC Net Positions increased to $33.2K from previous $26.1K
GBP/USD maintains its upside momentum in place, hovering around daily highs near 1.3650 and setting aside part of the recent three-day drop. Cable’s improved sentiment comes on the back of the Greenback’s irresolute price action, while recent … [Continue reading]
Gold reclaims $5,000 as US inflation data ignites Fed cut speculation
Gold (XAU/USD) price makes a U-turn on Friday and trims some of Thursday’s losses, rising nearly 2% following the release of a softer-than-expected inflation report in the US, which increased speculation that the Federal Reserve (Fed) could lower … [Continue reading]
XRP steadies above $1.35 as bulls attempt recovery amid mixed market signals
Ripple (XRP) edges up above the intraday low of $1.35 at the time of writing on Friday amid mixed price actions across the crypto market. The remittance token failed to hold support at $1.40 the previous day, reflecting risk-off sentiment amid a … [Continue reading]
Decred Price Forecast: DCR rebounds toward key resistance zone on volume spike
Decred (DCR) rebounds over 7% at press time on Friday after a three-day decline of almost 14%. Roughly 60% increase in trading volume over the last 24 hours supports the recovery, suggesting heightened spot-market demand. Technically, Decred remains … [Continue reading]
Gold: Sharp reversal after stellar rally – UOB
UOB Global Economics & Markets Research reports a steep selloff in Gold and other precious metals as AI-related risk aversion hit broader markets. They describe algorithmic trading and profit taking as factors behind the move, following a strong … [Continue reading]
WTI remains below $63.00 due to oversupply concerns
West Texas Intermediate (WTI) Oil price trades largely unchanged around $62.80 per barrel during the Asian session on Friday, after dropping more than 3% in the previous session. Crude Oil prices remain under pressure amid ongoing concerns about … [Continue reading]
New Zealand Business NZ PMI fell from previous 56.1 to 55.2 in January
Ripple (XRP) exhibits subtle recovery signs, trading slightly above $1.40 at the time of writing on Thursday, as crypto prices broadly edge higher. Despite the metered uptick, risk-off sentiment remains a concern across the crypto market, as retail … [Continue reading]
United States 4-Week Bill Auction remains at 3.63%
EUR/USD has given up its earlier intraday gains on Thursday and is now struggling to hold above the 1.1850 area. The US Dollar is finding renewed support from a pick-up in risk aversion, while fresh market chatter suggesting Russia could be … [Continue reading]
Aster Price Forecast: Demand sparks on Binance Wallet partnership for on-chain perpetuals
Aster (ASTER) is extending its recovery for the third consecutive day with roughly 9% gains at press time on Thursday, approaching the $0.750 mark. The perpetual-focused Decentralized Exchange (DEX) partnered with Binance Wallet for an on-chain … [Continue reading]