Markets

Trade of The Day – Ethereum

Ethereum gains over 1% today, climbing above $4,600, reinforcing the view that despite Bitcoin’s temporary weakness, risk appetite in the…

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GBP wobbles as focus shifts to US data

The Pound Sterling trades in a tight range around 1.3500 against the US Dollar ahead of the second estimate of…

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US Dollar Index drops to near 98.00 amid caution ahead of US PCE inflation data

The US Dollar Index faces slight selling pressure ahead of the US PCE inflation data for July on Friday. Traders…

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Gold tumbles amid profit-taking, US GDP data in focus

Gold price edges lower in Thursday’s early European session. Worries over the Fed’s independence might limit the downside for the…

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China Stocks Rise on AI, Chip Boost

The Shanghai Composite rose 0.1% to above 3,800 while the Shenzhen Component gained 0.7% to 12,380 on Thursday, with mainland…

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EUR/USD Breaks Through The 1.1600 Level

The US dollar continues its rebound, with the EURUSD pair breaking below the lows of the last two weeks. The…

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Chart of The Day – Bitcoin

Over the past two weeks, Bitcoin has undergone a notable correction of more than 10%, while Ethereum has been moving…

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US Dollar Index advances to near 98.50 despite worries over Fed independence

The US Dollar Index rises ahead of looming US economic data later in the week. Traders adopt caution due to…

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WTI hovers around $63.00 ahead of US tariffs on India

WTI price steadies as traders await the imposition of US tariffs on India. The US is set to raise tariffs…

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Silver Price Forecast: XAG/USD tumbles to near $38.50 as US Dollar rebounds

Silver price slumps to near $38.50 in Wednesday’s Asian session.  Concerns about Fed independence could boost safe-haven flows and cap…

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