Gold Price Forecast: Targets Higher Resistance After Weekly Reversal Signals Strength – FX Empire
Weekly chart shows strength The longer time frame weekly chart (not shown) shows more strength than what is seen on the daily chart. The breakdown from an inside week pattern earlier this week has since turned higher, rising above last week's high of 2,639. If gold is able to close above its highs this week, […]
Gold prices steady but set for weekly losses on hawkish Fed outlook – Investing.com
Investing.com — Gold prices hovered near one-month lows in Asian trading on Friday, as the US Federal Reserve's outlook for lower-than-expected interest rate cuts in 2025 spooked investors. As a result, the stock trended downward for the week. The Fed cut interest rates by 25 basis points, as expected, but signaled it would only cut […]
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 […]
Japanese Yen trims part of its weekly losses against USD; upside potential seems limited – FXStreet
The Japanese yen has struggled to capitalize on modest intraday gains against the US dollar. Uncertainty surrounding the Bank of Japan's interest rate hike in December and risk-on impulses are holding back the yen. A non-dovish bet on the Fed supports the USD and also provides support for USD/JPY. The Japanese Yen (JPY) pared some […]
Spot Ethereum ETFs Record Best Weekly Performance, 10-Day Inflow Streak Continues | Bitcoinist.com – Bitcoinist
The US spot Ethereum ETF (exchange traded fund) continued to perform well, ending the week with positive inflows for 10 consecutive days. This strong performance reflects growing positive sentiment among investors following the recent US presidential election. This continued capital inflow would also be a great start to December for US-based Ethereum ETFs, although these […]
USD/CAD consolidates near weekly high, around 1.4070 as traders await Powell’s speech – FXStreet
USD/CAD has no clear direction during the day and is influenced by a combination of divergent forces. An overnight rise in oil prices and a reduction in bets that the central bank will cut deep interest rates are supporting the loonie. USD bulls continue to wait and see ahead of Fed Chair Jerome Powell's speech […]
Oil Prices Set for Weekly Gain as War Premium Jumps – OilPrice.com
Oil prices extended their gains today and are set to rise further this week after Russia launched a new ballistic missile into Ukraine, the latest sign of continued escalation in the situation in Ukraine. It was expected to end the week. The attack featured hypersonic intermediate-range missiles never before used in war and was carried […]
Spot Bitcoin ETFs hit $1.7B weekly inflows, marking six-week streak – Cointelegraph
Spot Bitcoin Exchange Traded Fund (ETF) continues its upward momentum, continuing its strong week as the crypto market soars. The Spot Bitcoin (BTC) ETF recorded net inflows of $1.67 billion during the trading week of November 11-15, marking its sixth consecutive week of positive flows. According to Convert data from crypto tracking platform SoSoValue. BlackRock's […]
NFTs weekly sales surge 94% as crypto market continues bullish run – Cointelegraph
The non-fungible token reached $181 million in weekly sales, supported by strong gains in Bitcoin and other cryptocurrency markets. November 17, Digital Collection Data Tracker CryptoSlam showed NFTs reportedly recorded sales of $181 million in the past seven days. The data shows that weekly NFT sales are up 94% compared to the previous week, when […]
Dow Jones Today: Stocks Lower as Big-Tech Tumbles; Major Indexes Head for Weekly Losses – Investopedia
Remington's parent company's profit forecast misses, Spectrum Brands stock price falls 46 minutes ago Shares of Spectrum Brands (SPB), the parent company of Remington and George Foreman brands, fell on Friday after lower-than-expected earnings per share and lackluster sales guidance for next year. Spectrum reported fiscal fourth-quarter net income of $28.6 million, up from $16.8 […]