EUR/JPY Slides Down to 180.00 as Intervention Possibility from the Japanese Government
EUR/JPY keeps slipping, almost brushing up against 180.00 on Wednesday morning in Europe. The Yen’s picking up steam, and honestly, it all comes down to nerves—traders don’t want to get caught flat-footed if Japan’s officials suddenly step in to boost the currency. Finance Minister Katayama only added fuel to the fire. He said he’s “alarmed” […]
Top Crypto Gainers See Mixed Moves Amid Market Pullback
Aster, Starknet, and Zcash are still stealing the spotlight among crypto gainers over the last day, but it’s not all smooth sailing. The rest of the market’s pretty much in the red, and even these three can’t ignore the bumps ahead. Traders are flocking to them, sure, but there’s some tension in the air. Aster: […]
Dow Closes at Record High as Nasdaq Slips
Wall Street moved in two directions on 12th Nov as the Dow soared, climbing 559 points (up 1.18%) and closing at an all-time high of 47,927.96. Investors rushed into blue-chip names—Merck, Amgen, Johnson & Johnson—giving the index a strong push. The S&P 500 rose too, though not as dramatically, ending up 0.21% at 6,846.61. Tech […]
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 […]
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 […]
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 […]
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 […]
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 […]
Silver Extends Losses Below $47 as Optimism Over US-China Trade Deal Increases
Silver prices kept falling Tuesday, hovering around $46.80 an ounce as Asian markets opened. It’s been a three-day slide now—investors seem more hopeful about a U.S.-China trade deal, so they aren’t rushing to safer investments like silver. Following news of progress between US and Chinese officials during talks in Malaysia—a possible agreement to reduce trade […]
WTI Crude Oil Edges Higher on US-China Trade Optimism and Supply Risk Concerns
Oil costs edged up a bit at the start of the week in Asia trading hours; WTI traded around $61.45 a barrel. Positive signs are emerging for crude oil as a result of optimism about trade negotiations between the United States and China and the prospect of a stronger global economy. Talks between the nations […]
WTI Elevates to Two-Week High Above $60 as US Sanctions Russian Oil Companies
West Texas Intermediate (WTI) oil prices, in particular, have surged to about $60.10 by Thursday morning in Asia, the highest level in nearly fourteen days. This boost followed fresh US penalties against key Russian oil firms, which led many to believe worldwide oil supplies would shrink. Reuters reported that the Trump team sanctioned Lukoil and […]
Gold Slips as Traders Take Profits; Focus Shifts to US Inflation Data
Gold prices fell slightly on Wednesday, trading below $4,100 in the Asian session. The drop came after a strong nine-week rally, as traders booked profits following record highs. Despite the recent correction, many analysts believe gold’s long-term outlook remains positive. The easing tension between the United States and China also reduced demand for safe-haven assets […]
GBP/USD Remains Below 1.3400 as Uk Borrowing Rises More Than Expected
Wednesday saw GBP/USD struggle, hovering near 1.3380 as Asian markets opened. Clearly investors were hesitant, awaiting crucial UK inflation figures—September’s CPI alongside the RPI. The British pound dipped when figures revealed the UK government took on an additional £7.2 billion in debt during the first six months of the financial year. Overall borrowing hit £99.8 […]
Wall Street Jumps as Strong Earnings Boost Investor Confidence
Monday saw a robust surge in US stocks—investor spirits were buoyed by impressive company profits, so they readily embraced riskier investments. Specifically, the Dow jumped 515.97 points, reaching 46,706.58, a gain of 1.12%. Meanwhile, the S&P 500 rose 71.12 points (1.07%), hitting 6,735.13; additionally, the Nasdaq increased by 310.57 points—that’s a 1.37% climb to 22,990.54. […]
Gold Steadies as Markets Weigh Trade Uncertainty and Fed’s Next Move
Gold isn’t budging much these days, resting up following last Friday’s decrease from peaks. It still has appeal because it appears to be waiting for the market to move in the direction that global trade tensions, discussions of lower interest rates, and political unrest are likely to take. Gold and other market traders are once […]
Gold Hits Fresh Record High as Safe-Haven Demand Soars
Gold (XAU/USD) continued its unstoppable rally on Tuesday, climbing above the $4,100 mark and setting another all-time high. The metal remains strongly supported by renewed US-China trade tensions, ongoing geopolitical risks, and growing expectations of more Federal Reserve rate cuts—all factors that boost safe-haven demand. The recent US government shutdown and uncertainty around trade tariffs […]
Pound Steadies Above 1.3300 on Bank of England’s Careful Policy Approach
The GBP/USD pair is holding steady above the 1.3300 psychological level, trading near 1.3310 in Friday’s Asian session. After three days of small losses, the Pound Sterling (GBP) is regaining support, helped by the Bank of England’s (BoE) firm and careful approach to monetary policy. The BoE continues to focus on bringing down stubborn inflation, […]
Crypto Market Goes Down as Traders Take Profits Amid Uncertainty
The crypto market, which dipped slightly a day earlier, slipped further on Wednesday. Popular cryptocurrencies like Cardano (ADA), Ethereum (ETH), Ripple (XRP), Bitcoin (BTC), and several memecoins saw significant price drops. Over $680 million worth of leveraged trades were liquidated across exchanges over the past day, according to data from CoinGlass. Approximately 77% of them […]