Share: XAG/USD retreated more than 1% towards the $24.20 area, still holding the 20-day SMA. USD is strong after the release of June’s JOLTS Job Opening and the ISM Manufacturing PMI. Rising US Treasury yields are not allowing metals to find … [Continue reading]
Australian Dollar drops on surprise RBA decision
Share: Australian Dollar reverses and declines as it continues ping-ponging up and down in a range. The latest leg down came after the Reserve Bank of Australia decided against raising interest rates, contrary to expectations. The … [Continue reading]
BALD rug pull wipes out 90% of value, hitting Base DEX LeetSwap: A timeline of events
Share: BALD meme coin reached $100 million market within 48 hours of launch, crossing $25 million liquidity in a LeetSwap-based pool. The BALD deployer exhibited malicious behavior and generated a net profit greater than 3,100 ETH … [Continue reading]
Gold Price Forecast: XAU/USD pullback eyes $1,952 retest and US data – Confluence Detector
Share: Gold Price prints first daily loss in three, reverses from short-term upside hurdle within immediate trading range. Firmer US Dollar, yields weigh on XAU/USD amid downbeat China PMI, fears of Sino-American tension. Gold bears eyed US ISM … [Continue reading]
New Zealand Building Permits s.a. (MoM) up to 3.5% in June from previous -2.2%
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]
Silver Price Analysis: XAG/USD rises and threatens $25.00
Share: XAG/USD rose more than 1% and jumped near $24.70. The USD trades flat, allowing precious metals to advance. JOLTs Job openings, ADP and NFP from the US from July reports are the week's highlights. On Monday, the XAG/USD saw significant … [Continue reading]
EUR/USD Price Analysis: Immediately to the upside comes 1.1150
Share: EUR/USD looks to add to Friday’s advance north of 1.1000. Extra upside faces the next barrier at the weekly top around 1.1150. EUR/USD climbs further and revisits the 1.1040 region, or daily highs, at the beginning of the week. In light of … [Continue reading]
Japan’s LDP senior official: BoJ policy tweak sends message to exit from easing finally
Share: Citing a senior official from Japan’s ruling Liberal Democratic Party (LDP) on Monday, Japanese media outlet – Jiji reported, “the Bank of Japan’s (BoJ) policy tweak sends a message to exit from easing finally.” The BoJ decision could throw … [Continue reading]
Netherlands, The Retail Sales (YoY) increased to 9% in June from previous 6.3%
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]
WTI retreats from a multi-week high and holds above $80.20, Chinese PMI eyed
Share: WTI retreats from a multi-week high of $80.50 ahead of Chinese data. The US Core PCE Price Index came in at 4.1% annually versus 4.6% prior and below expectations of 4.2%. Oil traders will focus on the Chinese NBS Purchasing Managers Index … [Continue reading]