Latest Forex, Commodities and Indices News
Solana, XRP ETFs may never launch, asset manager sees little interest beyond Bitcoin and Ether
Crypto traders are optimistic that spot Ether ETF approval has paved the way for Solana, XRP, and other assets. BlackRock head of digital assets said [more]
USD/CNY: Bulls to retest the trend line at 7.2610
USD/CNY experienced a sharp down after falling from 7.2760. It briefly dipped below the 200-DMA (7.2200). It’s trading upwards now, but it would be interesting [more]
EUR/GBP: Bulls set to retest 0.8465
EUR/GBP can persist towards the 50-DMA at 0.8465 and the graphical levels of 0.8480/0.8500, Societe Generale FX strategists note.EUR/GBP has rebounded after approaching the lower limit [more]
NZD/USD Price Analysis: Strives to come out of woods
NZD/USD finds a cushion near 0.5880, while the overall outlook remains bearish. Investors await the US core PCE inflation for June for fresh guidance on [more]
Mexican Peso recovers as carry-trade unwind fades
The Mexican Peso extends its recovery after the release of US Core PCE data, the Fed's preferred gauge of inflation. The Peso was already weakening [more]
GBP: EUR/GBP rally can accelerate next week
BoE will judge the stickiness in services inflation as down primarily to one-off factors and may look at more ‘core’ measures that instead point to [more]
Retail Trader Sentiment Update: GBP/USD, AUD/USD, USD/JPY Latest
What's on this page Curious to learn how market positioning can affect asset prices? Our sentiment guide holds the insights—download it now!AUD/USD:Retail trader data reveals [more]
EUR/USD, GBP/USD, DXY Price Forecast: USD Strengthens to $104.29 Amid 2.8% GDP Rise
This strong economic growth, coupled with a decline in unemployment claims to 235K, bolstered the USD. The Advance GDP Price Index fell to 2.3% from [more]
Gold (XAU) Daily Forecast: Price Rebounds to $2,370; More Gains Ahead?
AdvertisementAdvertisementPublished: Jul 26, 2024, 06:41 GMT+00:00Key Points:Gold (XAU/USD) gains positive momentum, climbing above $2,370 to an intraday high of $2,379. US Dollar (USD) remains below [more]
Silver (XAG) Daily Forecast: $27.70 as U.S. GDP Grows 2.1%, Awaiting Fed’s Move
Silver (XAG/USD) Price Forecast: Technical OutlookSilver – ChartSilver (XAG/USD) prices have declined to $27.71, reflecting a 0.30% drop. The 4-hour chart identifies a pivot point at [more]
Natural Gas and Oil Forecast: Chinese Demand Falls, Will WTI Continue to Drop?
Natural Gas (NG) is trading at $2.057, up 0.14%. The 4-hour chart shows a pivot point at $2.04, indicating a crucial support level. Immediate resistance [more]
Japan’s Kanda: Excessive FX volatility has negative impact on economy
Japan's top currency diplomat, Masato Kanda, who will instruct the BoJ to intervene, when he judges it necessary, said on Friday that foreign exchange (FX) volatility has negative effects on the [more]
Japan Inflation: Tokyo Consumer Price Index rises 2.2% YoY in July vs. 2.3% prior
The headline Tokyo Consumer Price Index (CPI) for July rose 2.2% YoY, compared to a 2.3% rise in the previous reading, the Statistics Bureau of Japan showed [more]
Are celebrity meme coins dead?
Celebrity meme coins have declined by an average of 94% from their all-time high, according to X user Slorg. Several celebrity meme coins have followed [more]
NZD/USD remains weak below 0.5900, all eyes on US PCE data
NZD/USD weakens near 0.5890 in Friday’s early Asian session. The US GDP expanded at a 2.8% annualized pace in Q2, above the 2.1% forecast. Disappointed [more]
USD/JPY Price Analysis: Recovers and hovers around 154.00
USD/JPY finishes unchanged, recovering from daily low of 151.94. Technical outlook indicates bearish bias with RSI nearing oversold levels. Key levels: bearish continuation below 153.00, [more]
Gold price collapses to two-week low amid robust US economic data
Gold prices fall 5% from July 17 peak of $2,483 to $2,364. US Q2 GDP beats expectations, strengthening the US Dollar and impacting gold. Market [more]
GBP/USD falls further as BoE looms ahead
GBP/USD slid below 1.2860 on Thursday as GBP softens. Markets see roughly-even odds of a BoE rate cut. Lopsided US data bolstered the Greenback slightly, [more]
EUR/USD holds steady ahead of key US inflation print
EUR/USD continued to cycle 1.0850 on Thursday. Markets are bracing for one last blast of US inflation data on Friday. Euro traders hold steady ahead [more]
AUD/JPY Price Analysis: Continues to fall, awaits possible correction
AUD/JPY continues its dip, reaching a low below 100, the lowest level since April. The short-term bearish trend continues to intensify as the pair records [more]
Cryptocurrencies Price Prediction: Ethereum, Ton & Ripple — American Wrap 25 July
Ethereum is down 8% on Thursday as Grayscale's Ethereum Trust outflows, combined with the general stock market decline, weighed down its price.The TON Core team [more]
Apple Q3 Earnings Preview: a Closer Look at Earnings Forecasts and China Market Strategy
Article written by Tony Sycamore, Market Analyst for IG AustraliaWhen will Apple report its latest earnings?Apple is scheduled to report its third quarter (Q3) earnings [more]
Gold to NOT Rally After the Rate Cut
We saw a quick move up and then a huge move lower – particularly in mining stocks.By the way, do you recall how we bought [more]
Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Rebounds As GDP Growth Rate Exceeds Expectations
Key Points:Natural gas is losing ground after the disappointing EIA report. WTI oil is trying to settle back above the $78.00 level as traders focus [more]