Australian Dollar Slides as RBA Keeps Traders Guessing
The Australian Dollar took another hit against the US Dollar on Wednesday. Investors didn’t like what they heard from the Reserve Bank of Australia. RBA Deputy Governor Andrew Hauser called their policy “restrictive” and admitted the board is still debating its next move. Bottom line: the RBA looks set to keep things tight for longer, […]
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Top Crypto Gainers: UNI, WLFI, and TRUMP Rally as Trump Backs Shutdown Deal
UNI, WLFI, and TRUMP crypto tokens all grabbed the spotlight on Tuesday, riding a wave of optimism after Donald Trump threw his support behind a bipartisan deal to end the US government shutdown. Traders jumped in, and it showed. Uniswap (UNI) led the charge. The token pushed toward $10, fueled by a fresh governance proposal—one […]
Gold at Two-Week High as Traders Anticipate Fed Rate Cuts
Gold price just keeps climbing. Early Tuesday, prices shot up to a two-week high, landing near $4,141 during Asia’s trading hours. What’s pushing it up? Investors are betting hard that the Federal Reserve will cut interest rates in December. There’s more behind the rally, too. Worries about a possible US government shutdown have people looking […]
EUR/JPY Goes Above 178.00 Ahead of Key Eurozone Sentiment Data
EUR/JPY pushed above 178.00 in Tuesday’s Asian trading, landing around 178.35. The Euro’s picking up steam against the Yen as global risk appetite comes back to life. Everyone’s waiting to see the German and Eurozone ZEW Economic Sentiment Index—that data could shake things up for this pair. As the funding bill passed, it put traders […]
Royal Account vs. Power-Up Bonus Account: Trading Accounts For Successful Traders
Do you happen to be an aspiring or experienced trader in stocks, commodities, forex, crypto, or other markets? Then you must be aware of the importance of a trading account. Let’s be honest—choosing a trading account isn’t easy. There’s no shortage of options, and it’s tough to know which actually matches up with your style […]
Oil Prices Increase for a Second Day Amid Hopes For Closing of US Shutdown
Oil prices went up for a second day on Monday, picking up steam as investors grew more positive about the end of the US government shutdown, which has already crossed the 6-week mark. Brent crude pushed above $64 a barrel. West Texas Intermediate sat close to $60. The mood across global markets shifted—people started buying […]
Silver Holds Above $49 Amid Improved Market Sentiment
The precious metal silver price is holding strong above $49 an ounce, still riding a two-day winning streak as of Monday. What’s keeping it up? The US Dollar softened a bit, and investors aren’t backing off just yet. Plus, there’s a brighter mood settling over the markets. That optimism picked up after the US Senate […]
EUR/USD Reaches 1.1550 Mark as US Shutdown May End Soon
As the US government shutdown finally appeared to be coming to an end, the EUR/USD currency pair reached 1.1550. During Monday’s Asian session, traders pushed the pair lower, with more folks betting that Washington’s political drama is almost over. Bloomberg reports that centrist Senate Democrats threw their weight behind a deal to reopen the government […]
Dow Falls as Tech Stocks Drop; S&P 500 and NASDAQ Futures Show Signs of Stabilizing
Wall Street had a rough Thursday. The Dow fell 399 points, dropping 0.84%. The S&P 500 lost 1.12%. Tech stocks took an even bigger hit—NASDAQ slid nearly 2%. Big names like AMD, Palantir, and Nvidia all stumbled. AMD plunged over 7%, Palantir slipped almost 7%, and Nvidia dropped 3.6%. Investors have been piling into these […]
Gold Gains Amidst Rising Fed Rate Cut Bets
Gold prices rose on Friday, driven by a wave of safe-haven buying and growing bets that the Federal Reserve will cut rates again in December. Investors, worried about all the uncertainty swirling around the US economy and politics, pushed gold close to the $4,000 level during the Asian session. The ongoing government shutdown isn’t helping […]
Japanese Yen Holds Steady as BoJ Rate Hike Uncertainty Persists
The Japanese Yen barely moved on Friday, holding onto its recent gains against the US Dollar. Momentum dried up after weak household spending numbers came in, putting fresh doubts on Japan’s economic recovery. That data just made traders even more convinced the Bank of Japan will keep its foot off the gas when it comes […]
How Demo Account Trading is Your First Step Towards Success
Just imagine a situation about yourself where you happen to be wandering into a busy city for the first time, no map in hand, no idea where you’re going. You’d probably get confused with directions, maybe even get lost entirely along the way. Honestly, online trading in stocks, indices, metals, and foreign currency pairs isn’t […]
Leading Cryptocurrency Gainers: Quant, Decred, and Internet Computer Rebound Toward Resistance
Today’s top crypto gainers—Decred, Internet Computer, and Quant—are bouncing back after taking a hit earlier this week. All three are showing solid rebounds, but now they’re running into some tough resistance. Their next movements will depend on whether they can break through those levels. Decred’s been on a tear, jumping more than 120% in just […]
Australian Dollar Goes Up as US Dollar Weakens Amidst Positive Trade Data
The Australian Dollar moved up on Thursday, boosted by upbeat trade data and a softer US Dollar. Right now, AUD/USD sits near 0.6500, adding to yesterday’s 0.25% climb. Fresh numbers from the Australian Bureau of Statistics show Australia’s trade surplus shot up in September, reaching 3,938 million. That’s not just above forecasts of 3,850 million—it’s […]
WTI Oil Price Hovers Around $59.50 Due to Oversupply Fears
WTI oil prices keep stumbling, sustaining near $59.50 a barrel after 3 straight days of losses. There was a small bounce during Thursday’s Asian hours, but honestly, the mood in the market is still pretty grim. Traders keep watching those growing crude inventories, and that’s just fueling more oversupply worries. US Energy Information Administration numbers […]
How to Make Money Consistently in Intraday Stocks Trading
If you buy/sell stocks, intraday trading can be attractive, as you can potentially profit from short-term price movements without waiting for weeks or months. However, this strategy of stocks trading success depends not only on luck or gut feeling. It requires strategy, attention, and a bit of nerve. Also, if you’re looking to grow your […]
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 […]