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Gold Price Forecast: XAU/USD edges lower below $4,200 amid worries about hawkish Fed rate cut
Gold Price (XAU/USD) trades in negative territory around $4,195 during the early Asian session on Tuesday. The precious metal edges lower amid concerns that the US Federal Reserve (Fed) will adopt a hawkish tone in its rhetoric, despite delivering a rate cut on Wednesday.
Fxstreet
Tue, Dec 9
Memecoins Price Prediction: Dogecoin, Shiba Inu test key resistance levels ahead of FOMC meeting
Memecoins Dogecoin (DOGE) and Shiba Inu (SHIB) are testing key resistance levels ahead of the Federal Open Market Committee (FOMC) interest rate decision on Wednesday. With market participants expecting a 25-basis-point rate cut, both memecoins could face pressure near key levels.
Fxstreet
Tue, Dec 9
USD/JPY rises to 155.45 amid BOJ rate hike bets – BBH
USD/JPY climbs as markets price in a 25bps Bank of Japan (BOJ) hike on December 19, supported by fiscal stimulus and upside risks to Japanese wage growth, though fair value suggests a longer-term move toward 140, BBH FX analysts report.
Fxstreet
Mon, Dec 8
Buy the Dip: 3 Best Cryptos to Invest in During Market Fear
Market fear has once again gripped the crypto sector, creating one of the most attractive dip-buying windows investors have seen in months. Leading cryptocurrencies such as Ripple’s XRP and Solana (SOL) remain close to their support levels, tempting traders who realize that moments of panic offer some of the best buying opportunities. Although the unconfirmed […]Cryptopolitan
Mon, Dec 8
Japanese Yen holds steady as BoJ rate hike bets offset weak data; USD/JPY seems vulnerable
The Japanese Yen (JPY) holds steady during the Asian session on Friday and reacts little to the unimpressive data, which showed that Japan's Household Spending unexpectedly fell at the fastest pace in nearly two years in October.Fxstreet
Fri, Dec 5
USD/JPY drifts lower to near 155.05 on Fed rate cut expectations, US PCE inflation data in focus
The USD/JPY pair remains weak near 155.05 during the early Asian session on Friday. Rising bets for a rate cut by the US Federal Reserve (Fed) next week and weaker US economic data weigh on the US Dollar (USD) against the Japanese Yen (JPY).Fxstreet
Fri, Dec 5
USD/JPY remains on the back foot below 156.00; BoJ-Fed policy divergence favors bears
The USD/JPY pair struggles to capitalize on the previous day's move higher to levels beyond the 156.00 mark and edges lower during the Asian session on Wednesday. Spot prices currently trade around the 155.75 region, though the downtick lacks follow-through or a bearish conviction.Fxstreet
Wed, Dec 3
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