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Forex
EUR/USD Price Forecast: Seems poised to surpass 1.1000 mark and retest YTD peak
EUR/USD regains positive traction on Friday amid the emergence of some USD selling.
Forex
Mexican Peso edges lower as traders cover their longs
The Mexican Peso (MXN) is edging lower in its key pairs on Friday as traders take profit from their recent longs.
Stocks
Tesla has lost share in all geographies, in both xEVs and EVs: Bernstein
Tesla (NASDAQ:TSLA) has been losing market share across all regions and segments within both electric vehicle (EV) and xEV categories, according to Bernste
Commodities
WTI Price Prediction: Slides back below mid-$76.00s, not out of the woods yet
WTI fails to build on the overnight recovery and meets with a fresh supply on Friday.
Forex
US Dollar holds up recovery as US recession fears ebb
The US Dollar falls slightly but holds the recent recovery, which was driven by Thursday’s upbeat US data.
Economics
Powell unlikely to signal a 50bp rate cut at Jackson Hole next week: Piper Sandler
Federal Reserve Chair Jerome Powell is unlikely to signal a 50 basis point (bp) rate cut at the upcoming Jackson Hole symposium next week, Piper Sandler st
Cryptocurrencies
U.S. Bitcoin ETFs Set to Surpass Satoshi Nakamoto's Holdings
Bloomberg ETF analyst Eric Balchunas recently revealed on social platform X that the combined holdings of Bitcoin by the 10 U.S. spot Bitcoin ETFs have exc
Commodities
WTI trades with modest losses below $77.00, downside potential seems limited
WTI edges lower on Friday and erodes a part of the previous day’s positive move.
Forex
USD/CAD hovers around 50-day SMA, remains on the defensive below mid-1.3700s
USD/CAD stalls this week’s recovery from the monthly low amid the emergence of some USD selling.
Forex
Japanese Yen appreciates as economic growth raises odds of another rate hike by the BoJ
The Japanese Yen advances due to rising odds of a further rate hike by the BoJ.
Commodities
Silver Price Forecast: XAG/USD holds below $28.50 as traders shred bets on deeper Fed rate cuts
Silver price (XAG/USD) edges lower to near $28.15 on Friday during the Asian trading hours.
Forex
GBP/USD rises above 1.2850 ahead of UK Retail Sales figures
GBP/USD continues to strengthen for the second consecutive session, trading around 1.2870 during the Asian hours on Friday.
Cryptocurrencies
Bitcoin price today: slides below $59k as Mt Gox fears offset CPI cheer
Bitcoin price declined on Thursday amid renewed concerns over token distributions by Mt Gox and as capital outflows from major exchanges also furthered a r
Forex
GBP/USD bulls aim for 1.2900 amid risk appetite recovery
GBP/USD found the gas pedal on Thursday after a steeper-than-expected recovery in US Retail Sales pushed Cable back into the high end.
Forex
JPMorgn adjusts its dollar forecasts, particularly through USD/JPY
Investing.com - The foreign exchange markets have seen a great deal of volatility over the last few weeks, and this has resulted in JPMorgan (NYSE:JPM) adj
Economics
2024 looks reminiscent of 1970 and 2001 recession years: Piper Sandler
According to a recent analysis by Piper Sandler, the economic landscape in 2024 bears striking similarities to the recessionary periods of 1970 and 2001, w
Cryptocurrencies
Polkadot moves closer to Agile Coretime with permissionless channel opening
Polkadot is advancing towards its Agile Coretime framework by enabling permissionless channel openings between system chains like Asset Hub, skipping the n
Economics
Powell to lay out case for 'orderly' September rate cut at Jackson Hole next week
"We expect Chair Powell will lay out a case for an orderly withdrawal of monetary policy restrictiveness in a speech at Jackson Hole the morning of Friday,
Stocks
US stock futures rise as strong data clears economic fears
Investing.com-- U.S. stock index futures rose in evening deals on Thursday as Wall Street saw extended gains after strong retail sales and jobless claims d
Commodities
Gold Price Forecast: XAU/USD holds steady above $2,450 on positive Retail Sales data
Gold price (XAU/USD) flat lines near $2,455 during the early Asian session on Friday. The yellow metal seesaws between gains and losses amid the consolidat
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