Dow’s 3-Day Rally Rolls On as Hopes for December Rate Cut Build
Tuesday saw the Dow maintain its winning streak, rising more than 650 points as traders became increasingly confident that the Fed would lower interest rates in December. The index closed at 47,112.45 after rising 664 points, or 1.43%. The Nasdaq increased 0.67% to close at 23,025.59, while the S&P 500 increased 0.91% to 6,765.88. Things […]
Silver Rises Due to Fed Dovish Expectations: XAG/USD Rises to $52
Silver keeps climbing—XAG/USD is pushing toward $52, marking its third day in a row of gains. What’s driving this run? US Treasury yields are dropping, and traders are betting hard that the Fed’s going to cut rates again before the year wraps up. Fed President John Williams Dropped a Hint Right now, the 10-year Treasury […]
NZD/USD Goes Down Toward 0.5700 While Breaking the Short-term Barrier
On the last Wednesday in November, the NZD/USD gained momentum, going up more than 1%, sitting near 0.5690 in Asia’s session. This time, it climbed past the nine-day EMA, hinting at fresh short-term power. But let’s be real—the bigger trend still points down. The daily chart makes that obvious, so investors aren’t exactly piling in […]
Crypto Market Bounces Back After Steep Drop, Gains 5%
The crypto market clawed back some ground, ticking up about 5% after a sharp slide and inching closer to the $2.94 trillion mark. Even with this recovery, the total market cap still sits over 9% below last week’s level. Investors are nervous, no doubt about it, but the panic selling seems to be cooling off, […]
Gold Still Looks Strong Near $4,150 as Rate Cut Hopes Grow
Gold keeps climbing. For the second day in a row, XAU/USD is pushing higher, now sitting just below $4,150—a level it hasn’t touched in about a week. What’s behind the move? It comes down to the Fed. Traders are betting more heavily on a rate cut in December, and that’s weighing on the US Dollar. […]
EUR/JPY Slides Down as Investors Keep an Eye on German GDP Data
EUR/JPY is going down today, hovering in the mid-180s. Sellers are showing up as the Japanese Yen gets a little boost from talk about possible government intervention. Still, the pair isn’t dropping much—everyone’s just waiting to see what Germany’s latest GDP numbers have to say. Intervention Talk Puts Yen in the Spotlight There’s been a […]
How Forex Affiliates Can Earn Handsomely Online
Looking for a way to make a handsome amount of money online without putting up your own cash or learning complex trading skills? Have you heard the term “Forex affiliates“? It is an excellent option. You simply join a good trading affiliate program and spread the word about opportunities in currency trading so that people […]
US Stock Futures Jump as Markets Aim to Recover November Losses
US stock futures climbed Sunday night, giving investors a little hope after November’s rollercoaster. People are heading into the Thanksgiving-shortened week looking for some calm, especially after heavy selling earlier this month took the wind out of the big AI rally. Dow futures immediately saw a 200-point increase. Nasdaq futures and the S&P 500 both […]
Silver Stalls Below $50.00 as Sellers Take Control
Silver kicked off the week on the back foot, struggling to stay above $50.00 after Friday’s weak bounce. By early Monday in Asia, prices slipped to around $49.80, down 0.3%. Buyers aren’t showing up, and momentum looks shaky, so silver’s at risk for more losses right now. Technical Picture: Downside Pressure Builds Looking at the […]
US Dollar Index Stalls Near 100.00 as Traders Bet on December Rate Cut
The US Dollar Index (DXY) lost steam Monday, settling just under the 100.00 mark in Asian trading. The rally that lasted five days finally took a breather. Traders started turning their attention to the growing buzz about a possible Federal Reserve rate cut in December. Now, everyone’s waiting to see what Tuesday’s Producer Price Index […]
Bitcoin Plunges to $88,522 as Crypto Market Loses Over $1 Trillion
Bitcoin’s in rough shape. On Thursday, it crashed to $88,522—its lowest point in months—and pulled the entire crypto market down with it. In just a few weeks, more than $1 trillion vanished from the market. The total value dropped from more than $4.3 trillion to about $3.2 trillion, deepening a nasty six-week selloff. Bitcoin alone […]
Gold Prices Stuck as Fed Rate Cut Hopes Fade
Gold Prices are going down as it got evident on Friday, where XAU/USD slipped again as traders gave up on the idea of a Fed rate cut in December. All week, the metal’s been stuck in a narrow band—not much momentum either way. The market seems confused, honestly. Thursday’s US jobs report only stirred the […]
Australian Dollar Holds Steady as Manufacturing Picks Up in November
The Australian Dollar stopped its slide on Friday, getting a boost from new PMI (Purchasing Managers Index) numbers that point to a stronger economy. After two days in the red, AUD/USD ticked higher when Australia’s preliminary S&P Global Purchasing Managers Index came out. Manufacturing bounced back, moving up to 51.6 this month from 49.7 — […]
Stock Futures Rise as Nvidia Blows Past the Expectations
Stock futures shot up Wednesday night after Nvidia blew past expectations yet again. The chip giant posted record revenue and profit, and its stock took off in after-hours trading. That kind of performance really woke up the whole market—especially for investors who’ve been anxious about the AI boom running out of steam. Nvidia’s optimistic outlook […]
WTI Edges Toward $59.50 After Surprise EIA Inventory Draw
WTI crude pushed up toward $59.50 in Thursday’s Asian trading after the latest EIA data surprised the market. Traders jumped in when the report showed U.S. crude inventories dropped by 3.43 million barrels last week. That’s a much bigger draw than anyone expected—most were looking for just a 1.9 million-barrel decline. For context, the previous […]
EUR/JPY Stays Strong as Japan’s Fiscal Plans Weigh on the Yen
EUR/JPY keeps pushing higher, sitting around 181.20 through Thursday’s Asia session. The Yen just can’t catch a break these days. Traders expect Japan’s new government to roll out a massive spending plan, which likely means local interest rates stay low. The Euro is getting stimulus from it. Traders are keeping an eye on key data […]
Starknet, AB, and SPX6900 Spark a Comeback in the Crypto Market
If you’ve been waiting for some good news, here it is: the latest crypto market update shows real signs of life. Starknet (STRK), AB, and SPX6900 (SPX) just put in a strong performance, standing out as the day’s biggest risers. After weeks of sideways movement and some heavy pullbacks, these three tokens bounced back hard, […]
Gold Prices Persist High at $4,100 Ahead of Important Fed Decision
After rising from the mark of $4,000, gold continues to hold onto the gains it made, moving around $4,100. Right now, everyone’s glued to the upcoming FOMC minutes, hoping for some kind of signal on what’s next. There’s still a strong wave of safe-haven buying—nerves about the US economy aren’t going away, and Wall Street’s […]