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News
Gold Price Forecast: Weak NFP Boosts XAU Bull Case but US CPI and 3,500 Level Hold Key
1+ hour, 26+ min ago (1116+ words) Gold enters the new week with renewed bullish momentum after rebounding from the critical $4,000 support zone, while a weaker U.S. dollar and softer American employment data have strengthened expectations for a less aggressive Federal Reserve. Gold is entering the week with…...
Gold Price Forecast: Weak NFP Boosts XAU Bull Case but US CPI and 3,500 Level Hold the Key
2+ hour, 25+ min ago (1116+ words) Gold enters the new week with renewed bullish momentum after rebounding from the critical $4,000 support zone, while a weaker U.S. dollar and softer American employment data have strengthened expectations for a less aggressive Federal Reserve. Gold is entering the week with…...
Bitcoin Traders Hold Their Breath as July Jobs Report Hits Today
2+ day, 11+ hour ago (385+ words) The U.S. jobs report drops today and crypto traders are glued to their screens. Economists expect 83,000 new jobs in July. Some forecasters think it’s way lower, maybe just 18,000. Bitcoin’s circling $64,300 waiting to see what happens. Here’s the pattern: weak jobs data…...
Dow Jones DJIA Extends Above 54K, as Nasdaq Jumps 2.6% on Earnings and Geopolitical Optimism - Forex News by FX Leaders
5+ day, 4+ hour ago (335+ words) The Dow Jones and Nasdaq extended their powerful rally as strong corporate earnings, AI investment optimism and improving geopolitical signals pushed US stocks deeper into record territory. Strong results from Caterpillar added another layer of optimism. Its earnings helped reinforce…...
Forex Signals August 4: SpaceX, AMD, HSBC, BP, Spot and McDonald’s Earnings Preview Tuesday
6+ day, 2+ hour ago (568+ words) Tuesday brings a diverse earnings slate led by Advanced Micro Devices, SpaceX, Caterpillar, HSBC, McDonald’s, BP and Spotify, with investors watching closely for guidance and signs of changing demand. U.S. stocks kicked off August with a strong rally as investors…...
Why Is the Dollar Falling? DXY Drops to 100 as GDP Slows to 1.5%
1+ week, 3+ day ago (296+ words) Quick answer: The Advance Q2 GDP, which came in at 1.5% (vs a forecast of 2.1%), and the Core PCE, which came in at 0.1% (vs 0.2% forecasted), are both examples of weak data and, along with a divided Fed (diminished) interest rate expectations, have…...
GBP/USD Forecast: Pound Holds Firm After BoE Keeps Rates at 3.75%, Eyes 1.3400 Break
1+ week, 3+ day ago (605+ words) The BoE believes, and the forecasts suggest, that inflation will experience a significant dip. The high prices of energy, due to the geopolitical unrest in the Middle East, will increase inflation again. There is now a combination of inflation, and…...
Dow Jones DJIA, Nasdaq Dive Hard as Warsh's Shift in Strategy Sparks Uncertainty after the FED Rate Decision
1+ week, 3+ day ago (466+ words) Dow and Nasdaq index closed sharply lower today as investors reacted not only to Federal Reserve policy but also to Chair Kevin Warsh’s shift toward a less transparent approach to monetary policy. U.S. stocks ended sharply lower after Federal Reserve…...
Dow Jones DJIA and Nasdaq Dive Hard as Warsh's Shift in Strategy Sparks Uncertainty after the FED Rate Decision
1+ week, 4+ day ago (465+ words) Dow and Nasdaq index closed sharply lower as investors reacted not only to Federal Reserve policy but also to Chair Kevin Warsh’s shift toward a less transparent approach to monetary policy. U.S. stocks ended sharply lower after Federal Reserve Chair…...
Gold Price Forecast: Fed Decision, Central Bank Buying and $4,021 Support in Focus
1+ week, 4+ day ago (1026+ words) Gold moved in a narrow range on Wednesday as investors refrained from positioning aggressively ahead of the Federal Reserve’s upcoming rate announcement, with a higher dollar keeping prices down but Middle East tensions cushioning declines. Spot gold was last quoted…...