GBP/USD Price Forecast: Tumbles below 1.3200 as US Dollar recovers – FXStreet
Momentum in GBP/USD is in favor of sellers and they may target the July 17th high of 1.3043. Any further declines could result in a test of 1.3043. The next major support is the March 8th high at 1.2893. For an upside reversal to occur, buyers would need to push the pair above 1.3200 and […]
Silver Price Forecast: XAG/USD attracts some buyers above $29.00, focus on US GDP data – FXStreet
Silver prices rose to around $29.45 in the early morning European session on Thursday, up 1.03% from the previous day. Further weakening of the US dollar and continuing tensions in the Middle East are supporting silver prices. Investors are awaiting the second estimate of U.S. second-quarter GDP growth on Thursday, ahead of the release of […]
EUR/USD Price Forecast: Bounces-off key support near 1.1110 ahead of German/ US data – FXStreet
EUR/USD bounced off the key Fibonacci support at 1.1107 as US Dollar selling resumed. Risk aversion and fears over pre-German inflation and US GDP could limit the pair's upside. Daily technical setups continue to remain constructive for EUR/USD in the near term. EUR/USD It moved back into the green zone early Thursday, reversing some of […]
Price analysis 8/28: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB – Cointelegraph
Bitcoin (BTC) continues to experience random and volatile price fluctuations within a range of $55,724 to $73,777. It is difficult to predict the direction of a breakout from this range, but long-term investors remain bullish. According to data from CryptoQuant, net outflows from exchanges on August 27 were approximately 45,000 Bitcoin, the third-highest outflow ever. […]
Price pressure on gold, silver amid bearish outside markets – Kitco NEWS
Jim Wyckoff I have over 25 years of experience covering the stock, financial and commodity markets. I was a financial journalist for FWN Newswire Services for many years and have also worked as a reporter on the active commodity futures trading floors in Chicago and New York. As a journalist, I have covered every futures […]
Gold price gains ground near the all-time high amid geopolitical risks, Fed rate cut bets – FXStreet
Gold prices continued to rise in Asian markets on Wednesday. The worsening situation in the Middle East and a dovish stance from the Federal Reserve are supporting gold prices. Traders are awaiting speeches from Waller and Bostic on Wednesday. Gold prices (XAU/USD) rose above $2,500 per troy ounce on Wednesday, buoyed by rising geopolitical tensions […]
Trump plan has steep price tag
sup, sub { font-size: 100% !important; } sup { mso-text-raise:10% } sub { mso-text-raise:-10% } Welcome to The Hill's Business & Economics Newsletter {beacon} Business and Economics Business and Economics Full text Conclusion: Major railroad companies support drone adoption Drones BNSF Railway has hired Akin Gump Strauss Hauer & Feld LLP to lobby on […]
US Dollar steady to sideways with Housing Price data not moving the needle thus far – FXStreet
The US dollar was flat against major currencies on Tuesday. Markets have regained momentum from last Friday and are returning to a riskier stance as tensions in the Middle East have eased somewhat. The US Dollar Index is trading sideways at just below 101.00. The US Dollar (USD) recovered briefly on Monday after a sharp […]
Bitcoin Traders Divided on Near-Term Price Rise After Jackson Hole – Decrypt
Bitcoin traders had mixed reactions in derivatives markets after the Jackson Hole Economic Symposium on Friday, balancing optimism about future gains with caution about the pace of the potential upside. The market has seen an increase in call spread buying, a sign that traders are betting on further price increases, QCP Capital said in its […]
Gold price loses ground despite rising Fed rate cut bets, geopolitical risks – FXStreet
Gold prices attracted sellers in Asian markets on Tuesday. Growing expectations of a U.S. interest rate cut this year and escalating geopolitical conflicts may limit gold’s declines. Investors will be closely watching the U.S. central bank’s consumer confidence and home price index data due on Tuesday. Gold prices (XAU/USD) are trading in negative territory due […]