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Gold gains from renewed interest in safety and expectations of a lenient Federal Reserve.

Gold gains from renewed interest in safety and expectations of a lenient Federal Reserve.

Gold prices are seeing an influx of safe-haven investments due to Trump’s new tariff threats. Increased expectations for a Federal Reserve rate cut in September are also likely to positively influence non-yielding assets. The USD has dipped to nearly two-week lows, further supporting XAU/USD. The price of gold (XAU/USD) is expected to rise as demand […]

NZD/USD gains momentum above 0.5900 following New Zealand’s job statistics

NZD/USD gains momentum above 0.5900 following New Zealand's job statistics

During the early Asian session on Wednesday, NZD/USD attracted buying interest around 0.5910, marking a 0.10% increase for the day. In the second quarter, New Zealand’s unemployment rate climbed to 5.2%. Recent weak data from the US has fueled speculation about a potential rate cut by the Fed in September. The NZD/USD pair saw an […]

Japanese Yen stabilizes as USD shows slight gains; downside appears restricted.

Japanese Yen stabilizes as USD shows slight gains; downside appears restricted.

The Japanese Yen has drawn some attention from those looking to buy on dips, despite a lack of strong bullish sentiment. Weak real wage data from Japan has fueled expectations of a rate hike by the Bank of Japan (BOJ), impacting the JPY negatively. Expectations of a rate cut by the Federal Reserve in September […]

Euro holds onto its gains as the US Dollar dips following weak Services PMI.

Euro holds onto its gains as the US Dollar dips following weak Services PMI.

The euro made a slight gain against the US dollar on Tuesday, even as investor sentiment remained cautious and momentum weakened. Recent US data offers a mixed view: while the S&P Global PMIs indicate resilience, the ISM services PMI shows a drop, highlighting concerns in employment and new orders. In the eurozone, although final PMI […]

Stocks Dip as Early-Week Gains Slow; Palantir Shares Rise After Earnings, AMD Results Approaching

Stocks Dip as Early-Week Gains Slow; Palantir Shares Rise After Earnings, AMD Results Approaching

Wall Street is even more bullish with the post-profit Palantir 3 minutes ago Shares of Palantir Technologies (PLTR) are on a strong upward trajectory, as multiple analysts from Wall Street have increased their price targets following the company’s impressive revenue report. According to Bank of America analysts, Palantir’s latest quarterly revenues exceeded $1 billion, marking […]

Bitcoin price targets $116K liquidity sweep as ETF resurgence gains attention

Bitcoin price targets $116K liquidity sweep as ETF resurgence gains attention

Key Points: Bitcoin is expected to rebound, aiming for a significant target of $116,000, with liquidation levels appearing both above and below this price. Anticipate BTC price support remaining steady above $110,000. ETF inflows may provide a glimpse into market sentiment, according to recent analysis. Bitcoin (BTC) edged closer to $116,000 after the markets opened […]

EUR/USD maintains its gains under 1.1600 while the US Dollar trades carefully.

EUR/USD maintains its gains under 1.1600 while the US Dollar trades carefully.

The EUR/USD is expected to remain steady around 1.1570 as the US dollar experiences pressure following the July NFP data release. Concerns regarding the reliability of soft employment figures weigh heavily on the US dollar. Inflation in the Eurozone showed steady growth in July. The EUR/USD pair is projected to hold onto gains close to […]