EUR/USD posts modest gains above 1.1050, traders await US ADP report – FXStreet
In Wednesday's Asian session, EUR/USD remained steady around 1.1070. US ISM Manufacturing PMI in September was weaker than expected. Eurozone inflation fell below the ECB target in September. During Wednesday's Asian trading session, the EUR/USD pair was moving moderately higher around 1.1070. Meanwhile, signs of rising geopolitical tensions in the Middle East could weigh on […]
Gold Price Forecast: XAU/USD edges higher above $2,650 as traders brace for Chinese PMI data – FXStreet
Gold prices rose to $2,665 in early Asian session on Monday. Rising geopolitical tensions in the Middle East and Fed rate cuts are supporting gold prices. Investors are awaiting China's PMI to be released on Monday. Gold prices (XAU/USD) recovered to near $2,665 in early Asian trading on Monday. Precious metals have been buoyed by […]
Gold price consolidates below record high as traders await US PCE Price Index – FXStreet
Gold prices hit new highs on Thursday on the back of dovish expectations from the Federal Reserve. Amid a risk-on mood and overbought conditions, modest gains in the US dollar are capping gains. Traders are now looking forward to the US PCE price index before betting on the direction. Gold prices (XAU/USD) fell during Asian […]
Bitcoin traders now agree $65K is 'key' BTC price resistance to beat – Cointelegraph
Bitcoin (BTC) sold off along with U.S. stocks at the open on Wall Street on Sept. 20 as risk assets took a breather from their macroeconomic rally. BTC/USD 1-hour chart. Source: TradingView Bitcoin price 'bullish' over the weekend Data from Cointelegraph Markets Pro Trading View After hitting a three-week high of $64,121 on Bitstamp, BTC […]
Gold market analysis for September 19 – key intra-day price entry levels for active traders – 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 […]
Japanese Shares Gain on Yen as Traders Debate Fed: Markets Wrap – Yahoo Finance
(Bloomberg) — Japanese shares rose on a weaker yen, but other Asian shares were mixed as traders debated the size of the U.S. Federal Reserve’s interest rate cut later on Wednesday. Most read articles on Bloomberg Japan's stock indexes rose sharply at the open as a weaker yen in New York boosted the outlook for […]
Gold market analysis for September 16 – key intra-day price entry levels for active traders – 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 […]
USD/INR strengthens as traders await Fed rate decision – FXStreet
The Indian rupee was trading lower in the early hours of the European market on Monday. A combination of lower crude oil prices, robust foreign capital inflows and strengthening Fed interest rate expectations is likely to limit INR depreciation. Investors are awaiting the release of India's trade balance and the US New York Empire State […]
Futures inch higher as traders raise bets on bigger Fed rate cut By Reuters – Investing.com
By Shashwat Chauhan and Purvi Agarwal (Reuters) – U.S. stock index futures edged higher on Friday as investors reassessed the chances of a bigger interest rate cut by the Federal Reserve next week, while shares of aircraft maker Boeing (NYSE:) fell after factory workers went on strike. Traders' expectations of a 50 basis point cut […]
Dollar weak as traders add to wagers of big rate cut from Fed By Reuters – Investing.com
Ankur Banerjee SINGAPORE (Reuters) – The dollar weakened and the euro and yen rose on Friday as investors remained nervous ahead of a central bank interest rate cut next week, with focus on the Federal Reserve and the size of the expected cut. The Fed is almost certain to cut interest rates next week, but […]