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]
United States CFTC S&P 500 NC Net Positions rose from previous $-187.8K to $-161.1K
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]
US Treasury Secretary Scott Bessent says the Fed must re-establish its credibility
United States (US) Treasury Secretary Scott Bessent warned that the Federal Reserve (Fed) must re-establish its crediblity and trust with the American people during an interview with the Wall Street Journal, published on Friday. This comes on the … [Continue reading]
Breaking: Nonfarm Payrolls rise by 22,000 in August vs. 75,000 forecast
Nonfarm Payrolls (NFP) in the United States (US) rose by 22,000 in August, the US Bureau of Labor Statistics (BLS) reported on Friday.Join our NFP Live Coverage here Developing story, please refresh the page for updates.This section below was … [Continue reading]
Gold Price Forecast: XAU/USD bulls seem reluctant amid overbought RSI, ahead of US NFP report
Gold struggles to capitalize on modest intraday gains as traders keenly await the US NFP report.Rising Fed rate cut bets keep the USD bulls on the defensive and lend support to the commodity.Persistent trade-related uncertainties further act as a … [Continue reading]
EUR/USD rises above 1.1650 ahead of Q2 Eurozone GDP data
EUR/USD appreciates as the Euro receives support from a cautious tone surrounding the ECB policy outlook.Eurozone Gross Domestic Product is projected to hold steady at 1.4% YoY and 0.1% QoQ growth in Q2.The US Nonfarm Payrolls are expected to rise by … [Continue reading]
USD/JPY holds steady near 148.50, all eyes on US NFP release
USD/JPY trades flat around 148.50 in Friday’s early Asian session. ADP and Initial Jobless Claims data indicated a weakening labor market. The US August NFP report will be closely watched later on Friday. The USD/JPY pair flat lines … [Continue reading]
Gold slips below $3,550 as US Dollar rebound offsets Fed cut bets
XAU/USD pulls back as traders book profits ahead of NFPs, despite 98% probability of Fed rate cut this month.US Jobless Claims rise while trade deficit widens; ISM Services PMI posts strongest expansion in six months.Political turmoil, tariff rulings … [Continue reading]
GBP/USD consolidates as ADP jobs disappoint, ISM Services PMI tops forecasts
GBP/USD consolidates near 1.3430 after rebounding from a one-month low on Wednesday.US Dollar Index steadies above 98.00 following mixed US labor market data.US private payrolls increased by 54K in August, below the 65K forecast and sharply lower … [Continue reading]
Pump.fun’s new model revives the Solana-based meme coins culture
Pump.fun’s new creator fee model boosts revenue, surpassing Hyperliquid over the last 24 hours. SPL tokens created on Wednesday hit the highest level since mid-August, indicating an increase in meme coins on the network.Circle mints another 250 … [Continue reading]