EUR/GBP Holding to Ascending Triangle, Awaiting Scottish Election Results
EURGBP bounces higher after BoE meeting, with focus on whether SNP get a majority in Scotland
Gold Prices May Retreat as US Jobs Data Flags Sticky Wage Inflation
Gold prices surged before April’s US jobs report but the move may unravel if wage inflation proves stickier than expected, stoking bets on sooner Fed stimulus withdrawal.
Indian Rupee Gains May Not Last After Banking System Dollar Glut, USD/INR Eyes CPI
The Indian Rupee has been rising despite a surge in local Covid cases, owing to rising yields amid a temporary flood of US Dollars into the banking system. INR remains at risk, eyeing CPI data.
AUD/USD Gains May Extend on China PMIs After Discounting AU-China Tensions
AUD/USD is tracking higher despite an overnight drop as tensions between China and Australia heat up further. Today's PMI prints out of China, and the RBA policy statement may move sentiment.
US Dollar Outlook: USD/CAD Volatility to Rise, Jobs Data Looms
The US Dollar snapped notably lower during Thursday's trading session led by EUR/USD strength and USD/CAD weakness. USD/CAD price volatility might accelerate with high-impact jobs data due.
Bitcoin Price Forecast: BTC Battles Resistance as Altcoins Siphon Demand
Bitcoin is grappling with resistance as altcoins like Doge rocket higher. While BTC remains the largest coin by market cap, surging prices elsewhere have begun to steal its appeal.
Federal Reserve Hints at Potential Declines in Asset Prices, Calls for Hedge Fund Transparency
The Federal Reserve released its financial stability report on Thursday, in which the central bank highlighted the vulnerability of various asset prices.
Euro Technical Analysis: Rally May Have Another Leg - Levels for EUR/GBP, EUR/JPY, EUR/USD
The Euro started May on rocky footing, but may be turning the corner after a trio of EUR-crosses rebounded at their daily 21-EMAs.
Gold Price Tops $1,800 with Conviction – More Gains Ahead?
Gold price action has been ripping higher over recent trading sessions alongside silver. The precious metals are up 2.6% and 5.9% respectively this month, but could more gains be in store?
Dogecoin: Doge Drops from All-Time High, Musk’s SNL Debut Up Next
Dogecoin recently reached a new all-time high after another two platforms announced that they would offer the meme-inspired coin. Doge trades down for the day thus far