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France’s Macron: From now on, a new era must start with new compromises
French President Emmanuel Macron said on Thursday that he will name a new Prime Minister in the coming days whose top priority will be getting a 2025 budget adopted by parliament, per Reuter.
Fri, Dec 6
Bitcoin Price Forecast: Bullish sentiment persists as BTC breaks above $100K mark
Traders should be cautious over the move of funds from Mt.Gox as well as US government transfers.
Thu, Dec 5
Gold Price Forecast: XAU/USD flattens near $2,650 as US NFP takes centre stage
Gold price (XAU/USD) trades in a tight range around $2,650.00 in Thursday’s European session.
Thu, Dec 5
US Dollar edges lower ahead of Jobless Claims, trade data
The US Dollar takes a step back with markets in a holding pattern towards Friday’s key NFP release.
Thu, Dec 5
EUR/GBP to stay gently offered – ING
GBP:USD briefly sold off and then recovered after Bank of England (BoE) Governor Andrew Bailey seemed to confirm that the bank was looking at four rate cuts over the next year.
Thu, Dec 5
BoJ’s Nakamura: I am not against rate hikes but feel decision should be data-dependent
Bank of Japan (BoJ) board member Toyoaki Nakamura said on Thursday that “I am not against rate hikes but feel the decision should be data-dependent." Additional comments There will be plenty of data coming out before BoJ’s December meeting including Tankan, so want to scrutinize them in deciding whe
Thu, Dec 5
Silver Price Forecast: XAG/USD loses traction below $31.50 as Fed officials signal cautious path for rate cuts
The Silver price (XAG/USD) drifts lower to around $31.20, snapping the two-day winning streak during the early European session on Thursday.
Thu, Dec 5
USD/INR gathers strength on worries over Indian economic growth
Disappointing Indian economic data, portfolio outflows and a firmer USD undermine the INR.
Thu, Dec 5
Gold price edges lower on rebounding US bond yields; downside seems limited
Gold price attracts some sellers amid a modest rebound in the US bond yields.
Thu, Dec 5
WTI remains depressed below $68.50; OPEC+ meeting eyed for fresh impetus
WTI drifts lower for the second successive day, though any meaningful slide seems elusive.
Thu, Dec 5
Breaking: Bitcoin price breaks above the $100K milestone
Bitcoin's (BTC) price surpassed the $100K mark on Thursday after its recent pullback last week.The momentum indicator, the Relative Strength Index (RSI), indicates a continuation of the uptrend, while the technical outlook suggests a rally toward $125K.
Thu, Dec 5
Australian Dollar attracts some sellers as weaker data spurs RBA rate cut speculation
The Australian Dollar (AUD) remains under selling pressure on Thursday. The disappointing Australian economic data and rising expectations for an early interest rate cut by the Reserve Bank of Australia (RBA) drag the Aussie lower.
Thu, Dec 5
Gold price edges higher on Powell’s comments
Gold price advances during Wednesday’s North American session, sponsored by mixed US economic data. Nevertheless, the non-yielding metal remained slightly subdued as Federal Reserve (Fed) Chair Jerome Powell crossed the wires. The XAU/USD trades at $2,652, up 0.35%.
Thu, Dec 5
Beige Book: Fed districts report slight growth, rising business optimism for 2025
The Federal Reserve (Fed) commented in its latest Beige Book survey released on Wednesday that US economic activity increased slightly in November after little change in preceding months, and US businesses grew more upbeat about demand prospects.
Thu, Dec 5
Fed’s Daly: No urgency to decrease interest rates
Federal Reserve Bank of San Francisco President Mary Daly said on Wednesday that the central bank does not need to be urgent on rate cuts and more work ahead to achieve 2% inflation and lasting growth.
Thu, Dec 5
US Dollar edges up as traders shift focus to no-confidence vote in France
The US Dollar ticks up ahead of the release of ADP private employment and ISM Services PMI data.
Wed, Dec 4
Crude Oil pops above $70 as traders gauge potential surprises in OPEC+ supply plans
Oil prices tick up for a second day in a row ahead of the OPEC+ meeting on Thursday.
Wed, Dec 4
ECB’s Rehn: I see policy easing continuing in the coming months
“I see policy easing continuing in the coming months,” European Central Bank (ECB) policymaker Olli Rehn said on Wednesday.
Wed, Dec 4
GBP/USD Price Forecast: Bearish bias remains unchanged below 1.2700
The GBP/USD pair trades in positive territory for the second consecutive day around 1.2690 during the early European session on Wednesday.
Wed, Dec 4
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Cryptomarket stabilizes after South Korea reverses martial law
Bitcoin price hovers around $95,700 on Wednesday; technical indicators show weakness.
Wed, Dec 4
