Midweek trading sees Bitcoin, Ethereum, and XRP struggling to maintain traction as weakness across the crypto market mounts. Over the past two days, Bitcoin has slipped nearly 3 percent, Ethereum has fallen about 6 percent, and XRP has dropped nearly 5 percent, all pointing toward a potential deeper downside correction. Bitcoin Loses Ground, Eyes $107K […]
Gold (XAU/USD) surged to a fresh record high during the Asian session on Tuesday before entering a consolidation phase. The metal’s rally comes as traders remain cautious amid overbought conditions, yet its safe-haven appeal continues to draw strong demand. Despite a generally positive tone in global equities, which usually dampens appetite for gold, the combination […]
The week of September 22–26 will keep global markets on alert as investors weigh moderate Fed rhetoric and upcoming PCE data against the dollar’s fragile rebound. In the U.S., attention will turn to PMI surveys, durable goods orders, and the final GDP estimate, while ongoing trade negotiations with China and the yuan’s strength remain key […]
The EUR/USD pair continued to slide for the fourth consecutive session on Monday, trading near 1.1730 in early Asian hours. The euro has come under renewed pressure as the US dollar remains firm following last week’s Federal Reserve rate cut. While the Fed trimmed rates by 25 basis points as widely expected, policymakers signaled no […]
EUR/USD is edging toward a breakout after consolidating in recent sessions. On the upside, resistance sits at 1.1878, the 2025 ceiling reached on September 16. A sustained push above this mark could open the door to the September 2021 peak at 1.1909, with the psychological 1.2000 barrier looming as the next major target. On the […]
The week of September 8–12 will be pivotal for global markets, with U.S. CPI and PPI reports in focus ahead of the Federal Reserve’s September meeting, where a 25-basis-point cut is widely expected, though a larger move remains possible. In Europe, the ECB is set to hold rates and may signal an extended pause, while […]
The EUR/USD pair traded within a narrow range on Wednesday, holding above the 1.1600 level but failing to build on an intraday high near 1.1660. On Tuesday afternoon in North America, the pair hovered around 1.1630 with no clear directional bias. Political Headlines Weigh on Market Sentiment Market sentiment struggled to remain positive after fresh […]
The week of August 25–29 will be pivotal for global markets, with investors closely watching U.S. GDP and PCE inflation data as expectations for Fed rate cuts adjust following stronger dollar momentum and Powell’s Jackson Hole remarks. In Europe, preliminary CPI figures from Italy, France, and Germany will help shape the ECB’s policy outlook, while […]
EUR/USD eased on Monday, trading near 1.1700 after advancing around 1% in the previous session. Losses, however, may remain limited as the U.S. Dollar (USD) continues to face pressure from rising expectations of a Federal Reserve (Fed) rate cut in September, following Chair Jerome Powell’s remarks at the Jackson Hole Symposium. Powell acknowledged increasing risks […]
EUR/USD is consolidating above the 1.1600 level, trading near 1.1640 and down 0.12% as markets await Federal Reserve Chair Jerome Powell’s speech at Jackson Hole and monitor developments in the Ukraine-Russia conflict. In the U.S., housing data released Tuesday had little impact, with investors focused instead on last week’s inflation reports. CPI figures initially fueled […]
