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 ...
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 ...
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 ...
Gold price prolongs multi-day-old uptrend, refreshes multi-week top ahead of US NFP
Gold price attracts buyers for the fourth straight day on Friday amid some haven flows. The Fed’s hawkish stance, elevated US ...
EUR/USD Price Analysis: Pair in multi-year lows, sellers advance
EUR/USD stays under bearish pressure and trades below 1.0300 in the American session on Friday. The US Dollar benefits from ...
AUD/JPY hovers around 98.00, upside seems possible due to uncertainty over BoJ rate hikes
AUD/JPY remains steady after its recent losses registered in the previous session, trading around 98.00 during the early ...
GBP/USD Weekly Forecast: Pound Sterling sellers retain control ahead of key inflation test
The bond market rout extended on Thursday, with the yield on benchmark 10-year UK Gilts rising by as much as 0.12 percentage ...
Pound Sterling plummets on surprisingly upbeat US job demand
The Pound Sterling dives to near 1.2200 against the USD after upbeat US NFP data for December. The British currency remains ...
Big upside in December U.S. payrolls cements a Fed hold this month – RBC Economics
“The Fed already pivoted to a more gradual easing cycle in their last meeting In December. We think the odds of an additional ...
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $30.29 per troy ounce, up 0.63% from ...
Weekly economic and financial commentary
The Federal Reserve recently released the Q3-2024 Distributional Financial Accounts, providing a more in-depth look at how ...
EUR/USD Weekly Forecast: Central banks’ imbalances put parity at a stone’s throw
The European Central Bank (ECB) will likely continue trimming interest rates. That would keep the Euro on the downside, while a hawkish Fed means a stronger US Dollar. EUR/USD at parity is in the ...