Gold price hits weekly low on US data, Fed decision looms – FXStreet
Gold prices hit weekly lows on strong US retail sales that dampen hopes for aggressive Fed easing next year. Despite falling US Treasury yields, strength in the US dollar is limiting gold's upside momentum. Investors will be closely watching the Fed's policy announcements and the release of the Core PCE Price Index. Gold prices fell […]
What price a wonderful Santa memory for your kids? Try £18: ‘ho, ho, ho’ not included | Rhiannon Lucy Cosslett
DAre you taking the kids to see Santa this year? If so, how much did you pay? At one cave in Winchester it was £18.50 per child and £6 per adult, so even if people asked for a refund, taking exception to his “blatantly fake beard” and “cheap red suit” No wonder. “I've seen better […]
Japanese Yen extends its consolidative price move near multi-week low against USD – FXStreet
The Japanese yen continues to weigh on the Japanese yen as expectations for a December interest rate hike by the Bank of Japan fade. Rising US bond yields and positive risk trends also undermine demand for the safe-haven Japanese yen. However, investors appear to be reluctant ahead of this week's important FOMC/BOJ policy meeting. The […]
GBP/USD Price Forecast: Tests descending channel’s upper boundary above 1.2650 – FXStreet
GBP/USD could rise as momentum could pick up. This pair tests the upper bound of the descending channel that coincides with the 9-day EMA at the 1.2691 level. The first support appears to be at the 4-week low of 1.2487. GBP/USD is flat following gains in the previous session, trading around 1.2680 in Asian time […]
Silver Price Forecast: Sitting on Key Support Zone – FX Empire
Bearish below 30.29 A breakdown will occur if the price falls below last week's low of 30.29. If this happens, it will break below the trend line and cause a decline below last week's lows. It should be emphasized that last week's candlestick pattern was a bearish shooting star. It may not have been in […]
Gold price stays firm on Monday as market awaits FOMC meeting – FXStreet
Gold prices rose despite a slight rise in the US dollar following mixed PMI data. Investors are awaiting the Fed's rate decision and economic outlook, expecting a 25bps rate cut on Wednesday. Markets are speculating on the Fed's future monetary policy based on the possibility of inflationary pressure from Trump's policies. Gold prices rose slightly […]
Costco executive warns of price hikes because of Trump tariffs
Costco executives have sounded the alarm about the potential impact of President-elect Donald Trump's proposed tariffs, warning that product prices would rise across the board. “When it rains, it rains for everyone,” Gary Millerchip, chief financial officer of the $447 billion retailer, told investors on an earnings call Thursday. “Of course, tariffs increase costs, which […]
Gold market analysis for December 16 – key intra-day price entry levels for active traders – Kitco NEWS
Jim Wyckoff He has been involved in the stock, financial and commodity markets for over 25 years. He was a financial journalist for the FWN Newswire Service for many years, including stints as a reporter in the rough-and-tumble commodity futures exchanges of Chicago and New York. As a journalist, he has covered every futures market […]
Gold Price Forecast: XAU/USD holds steady below $2,650 ahead of US PMI data – FXStreet
Gold prices are trading flat around $2,650 in early Asian session on Monday. Huge demand from central banks and safe-haven flows could support gold prices, but President Trump's tariff plans could cap the upside. Investors are bracing for preliminary US December PMI numbers to be released on Monday. Gold prices (XAU/USD) remained flat around $2,650 […]
New Addresses Created On Ethereum Reach 8-Month High At 130,000, Can Bullishness Push Price To $5,000? – Bitcoinist
The Ethereum network has recently witnessed a resurgence of activitynew wallet addresses hit an eight-month high. According to on-chain data, an average of 130,200 new Ethereum addresses were created each day in December, a level not seen since April. This resurgence in activity comes as Ethereum price aims to break through the $4,000 price level, […]