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 Dollar Weekly Forecast: Don’t overprice a September rate cut
The US Dollar snapped a three-week negative streak.Trump’s attacks on the Fed’s independence remained unabated.Markets’ focus now shifts to the upcoming labour market report.The week the US Dollar tried to bounceThe US Dollar clawed back some ground … [Continue reading]
United States Michigan Consumer Sentiment Index came in at 58.2 below forecasts (58.6) in August
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]
Meme Coin Price Prediction: DOGE, SHIB, PEPE test key levels amid muted interest
Dogecoin holds at a symmetrical triangle’s support trendline amid increasing bearish pressure. Shiba Inu trend remains volatile but sustains above the $0.00001166 support level. Pepe tests support at the $0.00001000 psychological level amid … [Continue reading]
Silver Price Forecast: XAG/USD tumbles below $39.00 ahead of US PCE inflation data
Silver price attracts some sellers to around $38.80 in Friday’s early European session, down 0.52% on the day. US GDP expanded more than previously estimated in Q2. Mounting bets of a Fed rate cut might cap Silver’s downside. The … [Continue reading]
Japan Large Retailer Sales rose from previous 1% to 2% in July
Ethereum experienced $88 million in futures liquidations over the past 24 hours, comprising $63 million and $25 million in long and short liquidations, according to Coinglass data. Following a rejection just above $4,600, ETH is testing the support … [Continue reading]
EUR/USD edges higher as Fed turmoil and safe-haven flows pressure US Dollar
EUR/USD climbs 0.43% as traders discount upbeat US GDP and jobless claims, focusing instead on Fed turmoil.Trump–Fed clash and safe-haven flows into Euro, Yen and Swiss Franc weigh on the US Dollar momentum.French confidence vote looms, threatening … [Continue reading]
United States 4-Week Bill Auction: 4.245% vs previous 4.3%
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]
GBP extending recovery in quiet week – Scotiabank
The Pound Sterling (GBP) is steady against the US Dollar (USD), trading with modest support as it extends Wednesday’s bull reversal, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report. Markets eye Fed/BoE divergence"Movement has … [Continue reading]
BoJ’s Nakagawa says will make policy decisions at each meeting based on hard data
Bank of Japan (BoJ) monetary policy board member Junko Nakagawa said on Thursday that the central bank will gather information as much as possible ahead of every policy meeting to avoid falling behind the curve, given solid wage growth over the last … [Continue reading]