Meme Coins Are Feeling Heat and Major Ones Eye Key Support Levels
Major meme coins Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) declined due to the market mood shifting towards selling. The worst part is that it has continued even after a 4-day decline. Doge is hanging by at 0.18. This decrease is associated with a drop in futures Open Interest (OI), indicating that traders are […]
Gold Prices Up Due to Fed Cuts Despite Powell’s Caution
As the U.S. central bank lowered interest rates by 25 basis points, gold surged more than 1.5% on Thursday, reaching 3.75%–4.0%. Even though Chairman Jerome Powell seemed cautious about the message about the path ahead. In the meantime, bullion rose to $3,995 in early Asian trading hours amid softer Treasury yields. The Fed’s rate decision […]
GBP/USD Reaches 1.3150 as Markets Expect December Fed Cut
The British Pound showed strength versus the US Dollar on Friday, hitting the mark of 1.3160 in Asian trading sessions. Because of expectations, the FED may lower rates in December; the GBP got a lift—CME FedWatch now shows a 71% chance, compared to 66% a day earlier. On the other hand, sentiment across markets held […]
How the Best Forex Brokers Help You Diversify Your Forex and Indices Trading
In today’s connected world, traders have more choices than ever before. Many people begin their journey with forex trading, learning how currency pairs like EUR/USD or GBP/USD move in response to global news. But smart traders know that focusing only on one market can limit both opportunities and protection from risk. That is why the […]