Equities tilted higher after steep US hiring revisions further bolstered rate cut bets.Rate markets now see nearly a one-in-five chance of a jumbo rate cut next week.Despite upbeat stock market reactions, serious economic concerns are growing … [Continue reading]
Ripple Price Forecast: XRP eyes record high as Ripple partners with Spanish bank on crypto custody
XRP nears breakout to $3.66 record high after reclaiming support $3.00 on Tuesday.Ripple partners with Spanish bank BBVA on digital asset custody technology.The agreement follows BBVA’s decision to offer crypto-asset trading and custody service for … [Continue reading]
Gold Price Forecast: XAU/USD shouts for a correction at fresh highs past $3,650
Gold extends its rally to all-time highs above $3,650 amid broad-based USD weakness.Investors' fears of a sharp downward revision of US jobs are hurting the Dollar on Tuesday.XAU/USD looks overstretched after rallying 10% in the last three weeks.Gold … [Continue reading]
Aptos Price Forecast: Token unlocks worth over $50 million set to test investor sentiment
Aptos price hovers around $4.43 on Tuesday, having recovered slightly the previous week.More than $50 million in APT tokens will be unlocked on Thursday, equal to 2.20% of the circulating supply.Traders should be cautious as token unlocks frequently … [Continue reading]
US Dollar Index softens below 97.50 as traders ramp up Fed rate cut bets
US Dollar Index declines to around 97.40 in Tuesday’s early Asian session.The US NFP report showed US job growth plunged in August, supporting the case for a Fed rate cut. The US August Producer Price Index (PPI) report will take center … [Continue reading]
EUR/USD tops 1.1750 as soft US jobs cement Fed cut bets
EUR/USD trades above 1.1750 after the US economy added just 22K jobs in August, the Unemployment Rate rises.Markets fully price 25 bps September Fed cut, with slim 12% chance for larger 50 bps move.The Euro is supported by the US Dollar retreat, … [Continue reading]
Silver Price Forecast: XAG/USD consolidates gains, momentum favors bulls above $41.00
Silver extends rally to a fresh 14-year high near $41.67 before easing towards $41.00.Friday’s weaker-than-expected US NFP data has made a September Fed rate cut almost certain, boosting demand for precious metals.CFTC CoT report shows speculators … [Continue reading]
Will Nonfarm Payrolls revisions hint at a 50 bps Fed cut next week?
The BLS will release the preliminary benchmark revision to employment data on Tuesday.Markets widely expect the Fed to lower the policy rate multiple times this year.Standard Chartered analysts think the Fed could opt for a 50 bps rate cut next … [Continue reading]
Solana Price Forecast: SOL steadies as adoption strengthens with USDG growth and Nasdaq listing
Solana price steadies around $207 on Monday after recovering nearly 3% in the previous week.Robinhood-backed USDG stablecoin supply on Solana has surged nearly 160% over the past month, overtaking Ethereum.SOL Strategies is set to become the first … [Continue reading]
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH, and XRP steadies as improving risk sentiment fuels recovery
Bitcoin price stabilized around $110,900 on Monday, having recovered nearly 3% over the previous week.Ethereum price consolidated between $4,232 and $4,488 for the last nine days, signaling indecisiveness among traders.Ripple’s XRP finds support … [Continue reading]