EUR/JPY Pair Nears 180.70; Market Banks on Eurozone HICP Data
EUR/JPY rises near 180.70 as traders snap up the pair after three straight days of losses. Buyers stepped in once the price bounced off the 180.00 level, and now everyone’s watching for the latest Eurozone inflation numbers (HICP) to set the tone. The Expectation is that the ECB Will Keep Rates Steady Right now, the […]
Crypto Market Sinks as December Kicks Off; Yearn Finance “Incident” Sends Shockwaves
December didn’t start off well for crypto. Right out of the gate, big tokens tumbled. Bitcoin, Ethereum, and a bunch of altcoins all slid hard during the Monday morning rush in Asia. Why? Yearn Finance dropped news of an “incident” in its ETH liquidity pool, and that was enough to spook traders. The mood had […]
Australian Dollar Surges as Inflation Surprises
The Aussie dollar just won’t quit. Friday marked its sixth day in a row climbing against the US dollar, and the reason’s pretty clear—October’s inflation numbers came in hotter than anyone expected. Prices keep rising, now four months straight, and they’ve blown past the Reserve Bank’s 2–3% comfort zone. Traders see this and figure the […]
USD/CAD Is Above 1.4000 While Markets Await Crucial Information
USD/CAD is firm and holding onto mild gains this Friday in the Asia Market. It is holding near 1.4030. The US Dollar’s getting a little lift, but not much—everyone’s still betting on a Federal Reserve rate cut in December. All eyes are also on Canada’s Q3 GDP numbers, set to drop later today. That release […]
GBP/USD Rises Once More as Dollar Expectations of a Rate Cut
GBP/USD climbed higher this week, hitting above 1.3250 on Thursday—marking six days straight of upward moves. What’s driving it? Well, the dollar’s getting weaker because more traders now expect a rate cut from the Fed come December. Despite the recent mixed bag of US economic data, most people continue to hold a more dovish view, […]
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, […]
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 […]
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 […]