Share: Silver remains under some selling for the second straight day and drops closer to the weekly trough. The technical setup favours bearish traders and supports...
Share: The main event today will be the US employment data. Economists at Commerzbank analyze how USD could react to the Nonfarm Payrolls report. Another positive...
Share: Canada’s employment data for October will be reported by Statistics Canada on Friday, November 3 at 12:30 GMT and as we get closer to the...
BitMEX co-founder Arthur Hayes is doubling down on a prediction that Bitcoin (BTC) is destined to reach a seven-figure price. Hayes says that a monetary policy...
Share: Here is what you need to know on Friday, November 3: The US Dollar (USD) continued to weaken against its rivals following mixed macroeconomic data...
Share: Gold price trades with a positive bias for the second straight day, albeit lacks follow-through. A positive risk tone caps gains for the metal amid...
Share: WTI prices gain momentum amid the risk-on mood, the softer US Dollar. The anticipation that FOMC has reached a peak in its interest rate hiking...
Share: Indian Rupee trades strongly amid the risk-on mood, lower US yields. India’s Chief Economic Advisor said RBI’s policy will not be influenced by Fed’s tightened...
Share: USD/MXN remains under selling pressure on the weaker of the USD. The pair holds below the 50- and 100-day EMAs on the four-hour amid the...
Share: USD/CAD stages a modest recovery from over a one-week low touched the previous day. Some repositioning trade ahead of the US/Canadian jobs data lends support...
Share: China’s Services Purchasing Managers’ Index (PMI) rose to 50.4 in October, compared to 50.4 in September, the latest data published by Caixin showed on Friday....
Share: AUD/USD moves away from over a one-month high touched on Thursday. The downtick lacks any fundamental catalyst and is likely to remain limited. Australian Retail...
Sam Bankman-Fried has been found guilty of spearheading a billion-dollar fraud against customers and investors at the crypto exchange FTX and trading firm Alameda Research. A...
Share: The European Central Bank (ECB) board member Isabel Schnabel said on Thursday that the ECB is on track to push inflation back down to 2%...
The founder of SkyBridge Capital says that Bitcoin (BTC) and one Ethereum (ETH) competitor have helped the firm see strong returns on its investments. In a...
Share: The AUD/NZD is falling back after peaking on Wednesday. Antipodean cross pair is cycling familiar territory as bulls refuse to go down. AUD losing upside...
Share: EUR/USD holds ground around 1.0620 on the weaker USD. Markets anticipate that the Federal Reserve (Fed) is already done with the hiking cycle. France, Italy,...
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Payments giant PayPal says that it has received a subpoena from the U.S. Securities and Exchange Commission (SEC) over its new stablecoin. In a new document,...
Share: AUD/JPY resumes uptrend, trading near Thursday’s highs, with a 2.29% rally since Monday. Buyers aim to challenge the YTD high 97.67, with first resistance levels...