HLP Loss Sparks Selloff as Retail Interest Fades
Hyperliquid (HYPE) prices just keep falling as the token slipped past key support levels this week, down almost 8%—that’s three straight weeks in the red. What’s driving it? The big story is the $4.9 million loss suffered by Hyperliquid Provider (HLP), the market maker behind the DEX. That blow came after a Popcat (POPCAT) trader […]
Gold Prices Keeps Climbing as Rate Cut Hopes Drive Demand
Gold just won’t quit. Prices surged again on Thursday, pushing to a fresh three-week high near $4,213. Traders are piling in, betting the Fed’s gearing up for another rate cut in December. Weak US economic data—sluggish job growth and worries over shrinking GDP—keeps weighing on the Dollar. With all this uncertainty and the greenback under […]
7 Advantages You Get When You Partner with the Best Forex Broker
When it comes to trading, most people focus mainly on strategy, chart patterns, and timing. They’ll spend hours fine-tuning entry points and give time to learn about market news. But despite all of this, they do not pay sufficient attention when choosing a broker platform. It is critical to understand that when selecting a currency […]
Silver (XAG/USD) Retreats as Stronger US Dollar Caps Gains
Silver (XAG/USD) drops back to about $51.10 in early European trading on Wednesday, snapping a five-day run. The culprit? The US Dollar’s sudden strength. Traders are watching the Fed for hints about its next move, and several officials—John Williams, Christopher Waller, and Raphael Bostic—are lined up to speak later today. Their comments could set the […]
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, […]
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 […]
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 […]