XRP extends rebound above $2.16 after Thursday’s 9% drop tested the crucial 200-day EMA support.US Unemployment rate steadied at 4.2% in May, with 139,000 jobs added, above forecasts.Multiple technical sell signals indicate that XRP is not out of the … [Continue reading]
EUR/USD rally rattled by NFP print, US Dollar bites back
Euro failed to capitalize on upbeat GDP and retail sales; ECB rate cut seen as nearing its limit.The US economy added 139K jobs in May, the second-highest in 2025, with the jobless rate steady at 4.2%.Hot labor data boosted US Dollar and Treasury … [Continue reading]
Gold sinks on solid US jobs report but clings to weekly gains
XAU/USD falls after strong NFP data cuts rate cut hopes, but holds weekly gain above 1.30%.US adds 139K jobs in May; Unemployment Rate steady at 4.2%, boosting US Dollar and Treasury yields.Fed cut expectations fade as traders reassess outlook ahead … [Continue reading]
Mexican Peso climbs to eight-month highs against the US Dollar despite upbeat US jobs data
The Mexican Peso extends its gains against the US Dollar as markets adopt a ‘risk-on’ sentiment following the easing of US-China tensions.USD/MXN remains in a short-term bearish trend below 19.20.US-Mexico tensions remain in focus next week as Mexico … [Continue reading]
USD/JPY Price Forecast: Soars to weekly high, near 145.00 on hot US jobs report
USD/JPY climbs 0.87% to 144.83, nearing breakout above the Ichimoku Cloud.Strong US jobs report and higher Treasury yields fuel Greenback’s rally.Bulls eye 146.00 and May 29 high at 146.28 as next upside targets.USD/JPY extended its uptrend for two … [Continue reading]
United States CFTC Gold NC Net Positions climbed from previous $174.2K to $187.9K
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]
Eurozone CFTC EUR NC Net Positions climbed from previous €79.5K to €82.8K
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]
Metaplanet announces $5.4 billion share offering to boost Bitcoin acquisition, targets 210K BTC by 2027
Metaplanet announced that it has issued a 555 million share offering, valued at $5.4 billion, to increase its Bitcoin holdings.The company also revealed an increase in its Bitcoin acquisition plan, now targeting 210,000 BTC by 2027.Strategy also … [Continue reading]
US Pres. Trump: Borrowing costs should be much lower
United States (US) President Donald Trump took to social media to call upon Federal Reserve (Fed) Chairman Jerome Powell to lower interest rates on Friday."There is virtually no inflation (anymore), but if it should come back, raise “rate” to … [Continue reading]
EUR: Lagarde provides support – ING
We were caught off guard by the main message from ECB President Christine Lagarde yesterday that the easing cycle was nearing its conclusion, ING's FX analyst Chris Turner notes.1.1330/1350 may be the limit of the EUR/USD sell-off"The terminal rate … [Continue reading]