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Markets
Silver drifts higher amid rising demand, US critical minerals listing
Silver price (XAG/USD) climbs to near $63.75 and is poised to retest its all-time high during the Asian trading hours on Friday. The white metal extends the rally on rising…
PBOC sets USD/CNY reference rate at 7.0638 vs. 7.0686 previous
On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 7.0638 compared to the previous day's fix of 7.0686.
PBOC…
AUD/USD steady above mid-0.6600s amid divergent RBA-Fed outlooks
The AUD/USD pair regains some positive traction following the previous day's two-way price move and holds steady above mid-0.6600s during the Asian session on Friday. Spot prices…
GBP/USD steadies at fresh near-term highs
GBP/USD is holding firmly in bullish territory heading into the tail end of the week, but Cable bidders ran into a technical resistance point at the 1.3400 handle on Thursday. The…
The two levels of resistance coming up for Okta
Okta put in a strong performance today, closing more than 2% higher than Monday’s finish, and that move caught my attention immediately. From a technical analysis standpoint, the…
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Gold soars above $4,270 as Fed cut ignites Bullion breakout
Gold (XAU/USD) skyrockets on Thursday after the Federal Reserve (Fed) cut rates as expected on Wednesday, and even though it hinted at a pause in the easing cycle, it was not an…
Dow Jones climbs 680 points as rate cuts boost cyclicals, tech falters
The Dow Jones Industrial Average (DJIA) surged to a fresh record on Thursday as investors rotated out of pressured tech names and into stocks tied more closely to economic growth…
Markets ignored Fed, keptt selling the Greenback
What to watch on Friday, December 12The US Dollar attempted a recovery throughout the first half of Thursday, but resumed its decline following the release of…
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