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 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 […]
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 […]
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 […]
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 […]
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 […]
Australian Dollar Strengthens as RBA Rate Cut Bets Ease and Trade Optimism Grows
On Tuesday, the Aussie dollar rose versus the greenback. This happened because people now think Australia’s central bank won’t lower interest rates anytime soon. Trading settled near 0.6560—a two-day winning streak for the pair. Expectations for lower interest rates have plummeted following comments from Australia’s central bank governor that the job market is strong, despite […]