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Economics
Fed's Goolsbee: Slowing inflation data would open door to easier policy
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee told CNBC on Monday that the Fed's monetary policy is restrictive and added that slowing in
Cryptocurrencies
Bitcoin continues to decline due to miner pressure
Investing.com - While Bitcoin continued its downward trend in June, it started the new week with a sell-off and fell to the $62,300 band.
Commodities
BofA: Gold could hit $3,000/oz over the next 12-18 months
Bank of America (NYSE:BAC) analysts predict a potential surge in gold prices, with estimates reaching $3,000 per ounce within the next 12-18 months. Howeve
Forex
EUR/USD Price Analysis: Trims losses near 1.0700, the bearish outlook remains intact
The pair keeps the negative vibe below the key 100-period EMA, with the bearish RSI indicator.
Cryptocurrencies
Bitcoin price today: down to $62k amid dollar pressure, inflation jitters
Broader cryptocurrency prices were also pressured by a strong dollar, as the greenback came close to a two-month high following robust U.S. purchasing mana
Forex
USD/CHF struggles around 0.8950 as US yields decline
The Swiss Franc may further struggle as the SNB is expected to implement another rate cut in September.
Forex
Australian Dollar depreciates as US Dollar holds ground on hawkish Fed
The RBA Governor Michele Bullock said during her latest press conference that the Board discussed potential rate hikes, dismissing considerations of rate c
Commodities
WTI holds above $80.00 amid geopolitical risks, demand optimism
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $80.50 on Monday. The black gold edges modestly higher on the back of ongoing
Commodities
Silver Price Analysis: XAG/USD flat lines above mid-$29.00s, 50-day SMA holds the key for bulls
Silver (XAG/USD) finds some support ahead of the 50-day Simple Moving Average (SMA) and stages a modest bounce from a three-day low, around the $29.35 regi
Stocks
China’s ByteDance working with Broadcom on advanced AI chip- Reuters
Investing.com-- Chinese technology firm ByteDance is working with U.S. chipmaker Broadcom Inc (NASDAQ:AVGO) to develop an advanced artificial intelligence
Commodities
Gold prices creep higher; strong dollar, inflation jitters weigh
Investing.com-- Gold prices rose slightly in Asian trade on Monday but remained within a tight trading range amid pressure from a stronger dollar, and as t
Commodities
Oil prices fall amid pressure from strong dollar
Investing.com-- Oil prices fell in Asian trade on Monday, remaining under pressure from a stronger dollar as traders awaited more cues on U.S. inflation an
Forex
Japanese Yen could lose ground as US Dollar remains stronger
The Japanese Yen (JPY) may continue its losing streak for the eighth consecutive session on Monday.
Commodities
Gold Price Forecast: XAU/USD holds below $2,350 on stronger US PMI data
Gold price (XAU/USD) edges lower to $2,320 after retreating from two-week highs around $2,368 during the early Asian session on Monday.
Economics
Japan’s Suzuki: Desirable for currencies to move in stable manner reflecting fundamentals
Japanese Finance Minister Shunichi Suzuki said on Monday that it is “desirable for currencies to move in a stable manner reflecting fundamentals.” Addition
Forex
USD/JPY Price Analysis: Surges past 159.00, approaches Yentervention levels
Key resistance at 160.00 and YTD high of 160.32; potential for Bank of Japan intervention looms.
Forex
GBP/USD ends the week lower as bearish turnaround steepens
GBP traders buckle down for a long wait to next Friday’s GDP.
Commodities
Silver Price Analysis: XAG/USD sinks below $30.00 as bearish-engulfing pattern looms
Technical outlook shows a bearish engulfing pattern with RSI turning bearish, indicating potential further losses.
Forex
NZD/USD Price Analysis: Bulls struggle to hold gains, Kiwi outlook turns negative
NZD/USD outlook continues to skew bearish as bulls fail to maintain upward traction.
Commodities
Gold price drops on firm US yields, strong USD after solid US data
Gold prices reversed course on Friday, moving down more than 1.70%.
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