Silver Price Forecast: XAG/USD surges above $30.00 amid high US yields, strong USD
Conversely, if XAG/USD slides beneath $30.00, the 200-day SMA emerges as bulls’ first line of defense. A breach of that level ...
Cardano Price Prediction: ADA continues to find buyers as BTC recovers
Cardano price rebounded 4% on Friday, reclaiming the $0.95 territory as BTC reached the $95,000 mark. On-chain data shows ADA ...
Three reasons why Bitcoin might correct while XRP, Ethereum rally next week
Bitcoin (BTC), Ethereum (ETH) and XRP gained slightly on Friday, even as the three assets erased their value in the past ...
Forecasting the upcoming week: US inflation data to dominate
The US Dollar surged to a fresh 26-month high after US Nonfarm Payrolls (NFP) surged in December, devastating market hopes ...
Dow Jones Industrial Average tumbles after bumper NFP jobs report
Friday’s post-NFP glut has pushed the Dow Jones within a stone’s throw of the 200-day Exponential Moving Average (EMA) near ...
Los Angeles wildfires send Travelers stock lower as Dow Jones reels from hot labor market
AccuWeather estimates that damage from LA wildfires could reach $150 billion. US December NFP showed Unemployment Rate ...
Weekly economic and financial commentary
The Federal Reserve recently released the Q3-2024 Distributional Financial Accounts, providing a more in-depth look at how ...
Mexican Peso falls to lowest level in six days, further losses expected
The Mexican Peso (MXN) is under pressure against the Greenback, hitting a six-day low following the release of a stellar ...
Markets weekly outlook: All eyes on Fed policy with us inflation on the horizon
On the FX front, the US Dollar continues to rule the roost. Friday's data only served to cement that with losses for a host ...
What options do emerging market policymakers have? Part I
EUR/USD stays under bearish pressure and trades below 1.0300 in the American session on Friday. The US Dollar benefits from ...
US Dollar adds gains after NFPs figures
The Dollar Index (DXY), which measures the value of the USD against a basket of currencies, rallies on renewed inflation concerns as the stronger than expected Nonfarm Payrolls (NFP) report pushes out ...
Canadian Dollar twists after better-than-expected December jobs figures
Canada added almost a hundred thousand jobs in December, surging to a two-year single-month hiring splurge. Median market forecasts expected a sharp drop to 25K for the month, below November’s print ...