Wall Street Continues Falling as Bank CEOs Warn of Market Pullback
Wall Street took a hit on Tuesday after some of the biggest names in banking sounded the alarm about overheated stock prices. The warnings set off a wave of selling across the major indexes. The Dow slid 0.53%. The S&P 500 dropped 1.17%. The Nasdaq tumbled 2.04%. That’s the worst single-day drop for all three […]
Gold Keep Pushing Higher to $3,950 as US Shutdown Drags On
Gold keeps climbing. Early Wednesday in Asia, it broke above $3,950, riding a wave of investors looking for safety as the US government shutdown inches toward a record 36th day. People are nervous—not just about Congress failing to get its act together, but about the overall economic scenario too. It’s a precarious, shaky economic situation, […]
US Dollar Index Slips Closer to 100.00 as Government Shutdown Drags On
The continued pressure from the US government shutdown is making the greenback weak and it hit the 100.15 mark on Wednesday. It appears that the shutdown is never-ending, as it has reached its 36th day. This is the second time such a lengthy shutdown has occurred under President Trump’s administration. Same duration shutdown took place […]
How Forex Copy Trading is a Boon for Modern Traders
If you are into trading foreign currencies, you know it is not easy and that you need time, expertise, and deep market knowledge to succeed. In the currency market, orders move quickly, and rates fluctuate significantly. Undoubtedly, it’s not for everyone; most people lack the time, know-how, or courage to trade on their own. But […]
EUR/JPY Goes Down at 177.00 Amidst Speculation of Rate Hike by the Bank of Japan
In early Asian trading on Tuesday, the EUR/JPY continues to decline, currently hovering around 177.20. As more people speculate that the Bank of Japan may soon raise interest rates, the Yen is strengthening. Following Governor Kazuo Ueda’s recent remarks, the market is beginning to consider December or January as viable options for a move. However, […]
WTI Crude Oil Hovers Around $60.50 Despite News of OPEC’s Production Pause
For the second day in a row, WTI crude oil is showing some weakness, hovering around $60.70 per barrel. Traders are on edge, partly because everyone’s waiting to see what the Federal Reserve does next. Last week, most people thought a rate cut in December was basically a done deal. Now? Not so much. Fed […]
Bitcoin Cash is Under Pressure Again and May Crash Even Further to $450
Right now, BCH (Bitcoin Cash) is stuck around $508, after getting knocked back from a key resistance line. Momentum just isn’t there. Both on-chain and derivatives data are painting a pretty gloomy picture for bulls. Let’s look at what’s happening under the hood. Santiment reports that BCH’s Social Dominance — basically how much people are […]
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 […]
Asian Stocks Edge Higher After Fed Cut as Traders Await Trump-Xi Meeting and BOJ Decision
Stocks in Asia moved slowly Thursday following a quarter-percent reduction in U.S. interest rates. Investors worldwide watched closely; meanwhile, metals and likewise currencies showed only slight responses. Folks started watching what the Bank of Japan might do, alongside talks happening in South Korea—President Trump from the U.S. was meeting with China’s President Xi. Japan’s central […]
Silver Price Forecast: XAG/USD Struggles Near Mid-$47.00s Amid Cautious Market Tone
Silver saw a slight decline in Asia on Thursday, remaining below $47.50. When it was unable to maintain its position over $48.00, it faltered. Nevertheless, silver remains well above the week’s low, and losses appear to be limited. Before making additional capital commitments, traders wait for stronger cues. Silver recovered from its 50-day EMA (Exponential […]
AUD/USD Marches Toward 0.6600 as Presidents Trump and Xi Hold Trade Talk
The Australian dollar rose on Thursday, hitting 0.6590 in Asia market hours. This shift occurred as the optimism bloomed when both American and Chinese leaders, President Trump and Mr. Xi, began discussions. Reports suggest discussions went well, covering topics like trade duties, soybeans, and specialized minerals, alongside TikTok. This good news gave investors confidence, so […]
Top Crypto Movers: Pi Network, Aerodrome Finance, and Official Trump Token Approach Key Breakout Levels
Wednesday saw Pi Network (PI), Aerodrome Finance (AERO), and the Official Trump (TRUMP) token climb higher, outperforming most cryptocurrencies. These three are approaching key price points – a signal that more increases could be on the way. Pi Network’s price kept rising for a week, jumping almost 5% back to $0.25. After moving to its […]
EUR/JPY Slides Below 177.00 as Traders Stay Cautious Ahead of BoJ Policy Decision
On Wednesday, the euro dipped against the yen—a two-day slide that saw prices fall under 177.00 while markets in Asia were open. With the Bank of Japan set to reveal its plans tomorrow, traders shifted toward safer bets, bolstering the yen. Most believe Japan’s central bank will hold steady on rates, yet conversations regarding when […]
Gold Price Forecast: XAU/USD Steadies Ahead of Fed Rate Decision Amid US-China Trade Optimism
After hitting a three-week low near $3,916 during Wednesday’s Asian session, gold prices recovered slightly. This modest rebound came as traders adjusted positions ahead of the US Federal Reserve’s policy statement later in the day. A 0.25% rate cut is widely expected, but the Fed’s guidance on future reductions remains the key market driver. The […]
How to Start Trading Precious Metals Like a Pro
When you’re thinking about online trading, there are lots of instruments available to traders—for example, forex, metals, stocks, indices, commodities, etc. However, when it comes to choosing the safest bet, precious metals are always considered the best option. But why is it so, and why shouldn’t one move to something like crypto, which has been […]