Gold remains under pressure as risk-on sentiment continues to influence market trends.Fed Chair Powell and President Trump clash over the timing of interest rate cuts. A September rate cut is priced in but a rate cut in July could help drive Gold out … [Continue reading]
Top Made in USA Crypto Gainers Price Prediction: MOVE, XCN, KAS eye further gains as momentum holds
Movement posts double-digit gains after breaking a falling wedge pattern.Onyxcoin extends the weekly gains, aiming to surpass a multi-month resistance trendline.Kaspa maintains the streak of daily green candles this week as momentum points to a … [Continue reading]
Australian Dollar holds gains as US Dollar remains weaker, Q1 GDP Annualized eyed
The Australian Dollar extends its winning streak for the fourth successive session on Thursday.The Reserve Bank of Australia is expected to deliver a 25 basis point rate cut in July.The US and Iran may meet next week, but Trump expressed doubts about … [Continue reading]
US Dollar Index tumbles to near 97.50 as Trump considers candidates to replace Powell
The US Dollar Index slumps to multi-year lows around 97.60 in Thursday’s Asian session.Trump renews attack on Powell, considering naming the next Fed Chair. Traders brace for the final US Q1 GDP Growth Rate report, which is due later … [Continue reading]
EUR/USD hits 3-year high above 1.1650 as Fed cut bets grow, Dollar dives
EUR/USD hits 3-year highs as Iran–Israel tensions ease and Fed cut bets grow.Powell flags uncertainty on tariff-driven inflation, keeping focus on Fed policy direction.Eurozone data is mixed; markets eye ECB speeches and key US data, including Q1 GDP … [Continue reading]
Gold Price Forecast: XAU/USD extends its tepid recovery from weekly lows
XAU/USD Current price: $3,333.87An extended truce in the Middle East maintains financial markets optimistic.The United States will release the final estimate of the Q1 GDP on Thursday. XAU/USD holds on to familiar levels near weekly lows, resistance … [Continue reading]
USD/INR firms near 86.00 as US Dollar stabilizes
USD/INR steadies near 86.00, snapping a three-day losing streak after rebounding from 21-day EMA support near 85.80.The Indian Rupee weakens despite easing geopolitical tensions, as importer demand for the US Dollar and cautious risk sentiment cap … [Continue reading]
EUR/USD clings to gains on US Dollar weakness amid easing geopolitical tensions
The Euro remains steady near over three-year highs against the US Dollar, supported by a moderate risk appetite.Weak US data and higher hopes of Fed interest rate cuts are weighing on the US Dollar.EUR/USD maintains its positive tone with resistance … [Continue reading]
Top Crypto Gainers: SEI, SYRUP, APT eye further gains as investors focus on Made in America tokens
Sei extends the weekly run on Wednesday, hitting a new two-month high. Maple Finance records a new all-time high, nearing a channel breakout. Aptos ticks lower after two days of recovery, bouncing off the lower boundary of a falling … [Continue reading]
USD/CAD holds below 1.3750 on easing Middle East tensions
USD/CAD posts modest losses around 1.3725 in Wednesday’s early Asian session. Fed’s Powell said central bank will continue to wait and see how the economy evolves before deciding whether to cut its rate. Canada CPI inflation remained … [Continue reading]