News
Important Only
Gold price trades with mild positive bias; lacks bullish conviction amid risk-on mood
GBP/USD holds positive ground above 1.2850, focus on Fed/BoE rate decision this week
Investing.comJul 29, 2024
Oil prices flat with Israel-Hezbollah tensions in focus
Australian Dollar appreciates due to hawkish sentiment surrounding RBA
PBOC sets USD/CNY reference rate at 7.1316 vs. 7.1270 previous
FxstreetJul 29, 2024
Golan Heights attack raises concerns about Hezbollah-Israel war
Commodities
Gold price trades with mild positive bias; lacks bullish conviction amid risk-on mood
Gold price (XAU/USD) once again showed some resilience below the 50-day Simple Moving Average (SMA) on Friday and staged a modest recovery from the vicinity of over a two-week low touched the previous day.Fxstreet
Jul 29, 2024
Economic Indicator
Golan Heights attack raises concerns about Hezbollah-Israel war
Israel authorised a retaliation attack against Hezbollah in Lebanon, amid an American-led diplomatic push to contain the fallout from a strike that killed 12 young people in Israel-controlled Golan Heights, per the Wall Street Journal.Fxstreet
Jul 29, 2024
Forex
USD/JPY steadily climbs to 154.35 area amid risk-on mood, lacks follow-through buying
The USD/JPY pair attracts fresh buyers during the Asian session on Monday and jumps to the 154.35 region in the last hour amid some repositioning trade ahead of this week's key central bank event risks.
Fxstreet
Jul 29, 2024
Cryptocurrencies
Betting big on crypto: Polymarket sees $300 million monthly volume as prediction markets gain traction
Polymarket, a crypto prediction platform built on Polygon has observed the highest volume month in its history, as interest in US Presidential elections and the Olympics peaks.
Fxstreet
Jul 28, 2024
Cryptocurrencies
Ripple update: What to expect from XRP and Ripple lawsuit this week
Ripple (XRP) extended gains by nearly 2% early on Sunday. XRP sustained above the psychological price level of $0.60 amidst the optimism of Donald Trump’s speech at the Bitcoin conference, and BTC’s recent gains.
Fxstreet
Jul 28, 2024
Stocks
5 big analyst AI moves: PT hikes for Nvidia, Apple; Tesla downside risk flagged
Investing.com -- Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week.InvestingPro subscribers always get first dibs on market-moving AI analyst comments. UpgraInvesting.com
Jul 28, 2024
Stocks
Yen carry trade now at risk and it could spark a big dent in stocks, expert says
Investing.com -- Selling Japanese government bonds to buy risker assets like stocks or emerging market debt has been popular trade for years, but the yen 'carry trade' could be nearing end, potentiallInvesting.com
Jul 26, 2024
