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]
AUD/USD retreats from YTD highs as risk sentiment steadies, US Dollar firms
AUD/USD weakens after reaching a fresh YTD high of 0.6564 on Thursday.US-China trade lifts risk sentiment, but profit taking and a firmer USD limit gains.AUD/USD is heading toward 0.6500, with bullish momentum fading above 0.6550.The Australian … [Continue reading]
Eurozone CFTC EUR NC Net Positions increased to €111.1K from previous €101.6K
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]
Japan CFTC JPY NC Net Positions increased to ¥132.3K from previous ¥130.9K
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]
Dow Jones Industrial Average accelerates into the high end 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]
United States UoM 1-year Consumer Inflation Expectations came in at 5%, below expectations (5.1%) in June
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]
Aave Price Prediction: AAVE surges over 10% this week as on-chain metrics and bullish bets soar
Aave price trades higher above $260 on Friday, having rallied over 10% so far this week.AAVE on-chain data presents a bullish outlook, with active loans and revenues reaching record highs.The technical outlook suggests a rally following a rebound … [Continue reading]
Silver Price Forecast: XAG/USD falls to near $36.50 despite renewed risk aversion
Silver price struggles despite renewed concerns about the independence of the US Federal Reserve.President Trump may announce his preferred candidate to lead the Federal Reserve next year.Iranian Foreign Minister Abbas Araghchi refused to resume … [Continue reading]
NZD/USD gathers strength above 0.6050 amid concerns over Fed independence
NZD/USD attracts some buyers to around 0.6065 in Friday’s early Asian session.Trump is considering naming the successor sooner than expected.The upbeat New Zealand’s economic data reinforced the RBNZ to stand pat in July.The NZD/USD pair gains ground … [Continue reading]
Gold price stalls at $3,331 despite weak Dollar, strong US data caps gains
Gold fails to capitalize on Greenback’s slide to February 2022 levels and falling Treasury yields.Strong US Durable Goods and Jobless Claims data offset recessionary Q1 GDP revision.Trump may announce Powell’s successor by October, adding policy … [Continue reading]