Dogecoin edges lower after a 12% recovery last week, struggling to overcome $0.17 resistance. Shiba Inu ticks lower by 2% following a trendline breakout, targets $0.00001200 breakout. Pepe softens by 2% as it struggles to surpass an … [Continue reading]
Gold Price Forecast: XAU/USD extends downside to near $3,250 on better risk appetite
Gold price edges lower to near $3,265 in Monday’s early Asian session. US-China trade agreement diminished investors’ appetite for Gold. Safe-haven flows and optimism of a Fed rate cut might cap the Gold’s downside. The Gold price … [Continue reading]
SUI gains over 4% amid upcoming $119 million unlock
SUI network is set to add $119 million worth of its token into circulation next week.Optimism, FET, and Kamino Finance will also unlock $16 million, $2 million, and $12 million worth of tokens, respectively.SUI is up over 4% in the past 24 hours as … [Continue reading]
Ethereum Price Forecast: ETH dips slightly as Trump ends Canada trade talks, but equities show strength
Ethereum price today: $2,410Ethereum briefly dropped below $2,400, but equities fared well after President Trump terminated trade talks with Canada.The decline comes as Ethereum's funding rates and weighted sentiment have shown weakness.ETH could … [Continue reading]
Silver Price Forecast: XAG/USD dips below $36.20 after bearish reversal, US yields rebound
Silver retreats from a high of $36.83 and trades at $36.16 as the US Dollar and yields edge higher.A bearish engulfing candle forms; weekly close above $36.00 remains key for bullish structure.A breakdown below $36.00 exposes $35.68 and $35.29; bulls … [Continue reading]
Canadian Dollar snaps lower after Trump pulls the plug on trade talks with Canada
The Canadian Dollar sharply pared back near-term gains on Friday.US President Donald Trump has announced that his team is ending all trade talks with Canada.Canadian GDP growth contracted in April, adding further downside pressure to Loonie flows.The … [Continue reading]
Bitcoin holds steady amid higher-than-expected core PCE inflation and weakening futures volumes
Bitcoin trades near $107,000 on Friday as the US core PCE data for May came in higher than expected.The core PCE rose to 2.7%, above expectations of 2.6%, which could further slow the Federal Reserve's decision to cut rates.The calm in the market … [Continue reading]
EUR/USD slips below 1.1700 as core PCE tops estimates, Eurozone data mixed
EUR/USD pulls back to 1.1695 after hitting yearly peak above 1.1750.US core PCE inflation rises above expectations; consumer sentiment improves, weighing on Euro.ECB’s Knot sees one more cut in 2025; French inflation cools, Spain’s HICP exceeds … [Continue reading]
Gold tanks as China deal and Mideast diplomacy spark market euphoria
XAU/USD falls over 1.5% as safe-haven demand wanes on global trade and geopolitical easing.US-China trade deal signed; more agreements expected before July 9, boosting sentiment.Iran signals diplomacy; Israel–Gaza war may end in two weeks, says Al … [Continue reading]
Dow Jones Industrial Average tests further highs as interest rate cut bets climb
The Dow Jones made a bullish push for the 44,000 region on Friday.Equities are on the rise as investors bank on US trade deals.Traders are hoping for three Fed rate cuts by the end of 2025, to begin in September.The Dow Jones Industrial Average … [Continue reading]