The Australian Dollar advances against the US Dollar (USD) on Thursday, following the seasonally adjusted employment data from Australia, which strengthens expectations of tighter monetary policy from the Reserve Bank of Australia (RBA)The Australian … [Continue reading]
Australia Westpac Leading Index (MoM) climbed from previous -0.04% to 0.1% in December
Gold pushed its rally further on Wednesday, hitting a fresh all-time high near $4,900 per troy ounce earlier in the session. Risk appetite remains fragile, with investors staying cautious after President Trump delivered his speech in Davos, while … [Continue reading]
Forex Today: Markets on the verge as Trump chaos revolves around the same
Here is what you need to know on Thursday, December 22:United States (US) President Donald Trump was once again the main market mover on Wednesday, saying they are seeking immediate talks with Europe on Greenland. He added Greenland would not be a … [Continue reading]
US President Trump at WEF in Davos: Europe not heading in right direction
US President Donald Trump delivers a keynote speech at the World Economic Forum (WEF) held in Davos.US President Trump speech key takeaways"You all follow us down and you'll follow us up.""Certain places in Europe not recognizable any more.""Europe … [Continue reading]
EUR/USD Forecast: Bulls hesitate as focus shifts to Trump
Following a two-day rally that lifted EUR/USD to a fresh three-week high above 1.1750, the pair corrects lower toward 1.1700 in the European session on Wednesday. Investors adopt a cautious stance as they await US President Donald Trump's speech at … [Continue reading]
Japanese Yen bulls seem hesitant amid concerns about fiscal health, ahead of BoJ
The Japanese Yen (JPY) remains on the front foot against its American counterpart through the Asian session on Wednesday, although bulls seem hesitant amid mixed fundamental cues. Expectations that Japanese authorities would intervene to counter … [Continue reading]
Gold and Silver surge to record highs as Bitcoin and Ethereum slide lower
Following geopolitical tensions surrounding the US proposed acquisition of Greenland, Gold and Silver have surged to record highs while Bitcoin and Ethereum — often considered digital alternatives to the two traditional metals — are crashing … [Continue reading]
Ethereum Price Forecast: ETH falls below $3,000 as researcher suggests address poisoning is inflating activity
Ethereum price today: $2,980Ethereum's network activity surge is likely driven by large-scale address poisoning scams.The low-fee environment enabled by the Fusaka upgrade has reduced execution risk for scammers.ETH could test the $2,880 support … [Continue reading]
Gold rises above $4,700 amid geopolitical tensions and broad US Dollar weakness
Gold (XAU/USD) hits yet another record high on Tuesday, climbing above the $4,700 psychological mark as rising geopolitical tensions drive strong safe-haven demand. At the time of writing, XAU/USD trades around $4,720, holding just below the fresh … [Continue reading]
Bitcoin Price Forecast: BTC extends decline as tensions around Greenland mount
Bitcoin (BTC) price extends losses, trading below $91,000 at the time of writing on Tuesday amid escalating geopolitical tensions over Greenland. Investors are moving toward safe-haven assets, with Gold (XAU) hitting fresh all-time highs, while BTC … [Continue reading]