Silver Prices Rebound Toward $73.50 as Safe-Haven Demand Strengthens
Silver prices claw their way back to $73.50 an ounce on Tuesday, shaking off a bruising 7% drop after Monday’s wild ride to a record $85.87. What happened? Traders took profits—who wouldn’t after a run like that?—and the CME Group hiked margin requirements on silver futures. That move squeezed out some of the more aggressive […]
Gold Prices Come Down From Record Highs Because of the Christmas Holiday
Gold prices edged lower on Tuesday as traders booked profits amid low holiday trading volume. Most major markets closed for Christmas on the 25th, so there was little action. After touching a new record of nearly $4,526, gold dropped back to about $4,470. Still, it’s up almost 3% this week. The trend’s strong—just a little pause […]
Australian Dollar Advances as Markets Weigh RBA and Fed Signals
The Australian Dollar rose on Monday, remaining in positive territory as traders carefully analyzed mixed central bank cues from Asia and the US. The tone was still wary, but not negative. Instead, the market just leaned toward stability to revive the AUD. One early reprieve for the Australian Dollar was from China. The People’s Bank of China […]
WTI Oil Prices Drop to Near $56 as Prospects for Supply Rise on Ukraine Peace Talks
The price of West Texas Intermediate (WTI) — the primary benchmark for US crude — fell to as low as $56 a barrel during Asian trading on Thursday. The decrease in WTI oil prices is being driven mainly by a new wave of optimism that Russia and Ukraine may be nearing a peace agreement. If the relationship […]
Australian Dollar Weakens Despite Higher Inflation
The Australian Dollar has continued to fall against the US Dollar for the sixth day in a row. And this at a time when inflation expectations in Australia have risen. Australians expected prices to increase by 4.7% in December, up from 4.5% in November. Inflation typically supports a currency because it can push the central bank […]
S&P 500 Futures Continue to Trade Flat as Markets Await Crucial Inflation Data
U.S. stock market futures offered little direction on Wednesday night as traders looked ahead to a pivotal inflation report that could set the tone for markets. Futures linked to the S&P 500 rose a hair, or less than 0.1 percent, and Nasdaq 100 futures surged an additional 0.2 percent. Dow Jones futures were, meanwhile, slightly lower. Traders for […]
EUR/USD Keeps The Lower Bound Of Range Post-Fed Cut, Market Awaits Jobless Claims
The EUR/USD was trading around 1.1690 in the early European session on Thursday, touching lower with no clear direction. In the aftermath of the Federal Reserve’s latest rate cut, the market’s reaction was muted — more a polite nod than an emphatic leap. And market veterans often refer to such pauses as the market “taking stock”, […]
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 […]
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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 […]
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 […]
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 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 […]
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, […]
EUR/USD Goes up as US Dollar Weakens During Government Shutdown
After dropping for three days, the EUR/USD pair showed signs of recovery on Thursday, rising to about 1.1650 in the Asian session. The increase in the value of the Euro coincided with a decline in the US dollar as a result of the ongoing, more than week-long US government shutdown. A number of government agencies, […]
WTI Price Forecast: Holding Steady Around $64.00, Bulls Retain Control
West Texas Intermediate (WTI) crude oil prices are consolidating near the $64.00 mark in Wednesday’s Asian session after three days of recovery gains. The commodity remains supported by concerns over potential Russian supply disruptions. Technical Outlook From a chart perspective, Tuesday’s breakout above a short-term ascending trend channel—formed from this month’s multi-month low—has strengthened the […]
Gold eases as risk appetite improves and USD ticks higher, focus shifts to US CPI
Gold (XAU/USD) faced mild selling pressure in Asian trading on Thursday, retracing part of the prior session’s gains. The retreat was driven by upbeat sentiment across global equities and a modest uptick in the US Dollar (USD), which together limited demand for the safe-haven metal. That said, expectations of a Federal Reserve (Fed) rate cut […]
WTI steadies near $63.50 as Russia-Ukraine peace prospects dim
West Texas Intermediate (WTI) crude oil traded flat on Friday, hovering around $63.40 during Asian hours, after two consecutive days of gains. Prices remained steady as optimism over an immediate Russia-Ukraine peace settlement continued to fade, keeping risk premiums intact. According to Reuters, analysts at ING noted, “It’s proving difficult to arrange a Putin-Zelenskyy summit, […]