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Forex
Euro rebounds, eyes breakout above 1.1600
The Euro (EUR) extends its rebound against the US Dollar (USD) on Friday, building on renewed weakness in the Greenback. At the time of writing, EUR/USD is trading near 1.1575, its…
Pound Sterling Price News and Forecast: GBP/USD hovers around 1.3150
GBP/USD hovers around 1.3150 as US shutdown dampens households’ sentimentGBP/USD clings to minimal gains on Friday amid the lack of economic data releases in the UK and as markets…
Lots of stablecoin usage would likely lower the neutral rate
Federal Reserve Governor Stephen Miran spoke about stablecoins and monetary policy at the Blockchain & Venture Capital Summit in New York on Friday. He said that a lot of…
Gold tops $4,000 as US shutdown, weak data stoke haven demand
Gold price (XAU/USD) advances during the North American session on Friday, up 0.64% as the US government shutdown extends, while risk aversion keeps US equity markets poised for…
EUR/USD rises as US Dollar dips amid shutdown and weak sentiment data
EUR/USD trimmed some of its previous losses and rises 0.16% on Friday’s late in the North American session, amid a scarce economic docket in both sides of the Atlantic. The US…
Rebounds above 153.00 as buyers stepped in
The USD/JPY stages a recovery on Friday with buyers claiming 153.00, an indication that the uptrend might resume in the short term. The 100-pip or 0.68% Thursday’s loss was offset…
NASDAQ 100, S&P 500 break through support trendlines
US stock markets were in flux on Friday as the NASDAQ Composite (IXIC) saw its third greater than 1% drop this week. With 90 minutes to go before the session closes, the S&P…
Dow Jones falls further as consumer sentiment crumbles
The Dow Jones Industrial Average (DJIA) took another leg lower on Friday, testing below the 46,800 level for the first time in almost three weeks as an AI stock pullback and…
XAG/USD consolidates, $49.50 breakout in focus
Silver (XAG/USD) trades little changed on Friday, hovering near $48.30 at the time of writing after easing from intraday highs, as the market remains directionless heading into the…
AUD/USD steady as US consumer confidence plunges, Fed outlook unclear
AUD/USD trades sideways on Friday, around 0.6480 at the time of writing, following the release of a key indicator that showed a significant deterioration in US consumer confidence.…