Gold futures settled 0.5% higher, supported by a weakening U.S. dollar, easing Japanese yields, and robust central bank purchases, including China adding 20 tons in August. Gains were somewhat limite…
The euro stabilized above $1.16 ahead of US employment data and the upcoming ECB meeting, where a 25-basis-point hike is priced in. Better-than-expected German factory orders and dovish remarks from …
The New Zealand dollar rose toward $0.589 as dovish remarks from Fed Governor Waller weighed on the US dollar. However, upside remains constrained ahead of US jobs data and following the RBNZ's signa…
Gold traded near record levels following dovish remarks from Fed Governor Christopher Waller, which reduced expectations for a September rate hike to 50%. A resulting decline in Treasury yields and t…
Bitcoin rallied over 5% to surpass $81,000, driven by broad US Dollar weakness following suspected Bank of Japan currency intervention. While dollar downside supports crypto, market participants moni…
Major US benchmark indices and the EURUSD pair posted modest gains, with the euro advancing 0.32% against the US dollar alongside green performances in SPX and DJI.
U.S. Treasury yields fell and the dollar weakened after Federal Reserve officials signaled rate stability, boosting risk assets. Bitcoin gained over 1% alongside gold and U.S. stock futures, while th…
The British pound stabilized near $1.35, halting a recent decline as broad US dollar weakness and retreating oil prices provided support. However, ongoing concerns over UK inflation, fiscal condition…
Gold and silver prices rallied as the US dollar weakened and Treasury yields dropped following cooling inflation comments from Fed officials and soft ADP jobs data. Traders now await the key nonfarm …
The dollar retreated as lower crude oil prices and softer US ADP jobs data reduced Treasury yields. The yen jumped following hawkish BOJ commentary hinting at back-to-back rate hikes. Gold and silver…
U.S. construction spending fell 0.5% in July to its lowest level since October 2023, missing expectations of flat growth. Elevated mortgage rates near 6.66% severely weighed on single-family homebuil…
Market snapshot reflects US equity indices under pressure with SPX down 0.55% and DJI falling 0.67%, while EURUSD gains 0.24% amid modest US dollar softening.
Crude oil prices surged despite a dip in the dollar and Treasury yields, which reversed Friday's gains. Prospects for a September rate hike remain high as investors await key jobs and inflation data,…
Rising trade tensions between the US and Canada, sparked by unconventional executive orders, alongside geopolitical risks in Iran, are eroding confidence in the US dollar, according to economist Davi…
Bitcoin (BTCUSD) has rallied above $80,000, driven by renewed spot ETF demand and a weakening US dollar. Fidelity's Jurrien Timmer suggests this surge is supported by Treasury actions hinting at fisc…
Bernstein predicts Bitcoin (BTCUSD) will reach $300,000 by 2029, driven by its role as a hedge against a weakening U.S. dollar and rising national debt. The firm also highlights Strategy Inc. as a ma…
Citadel Securities reversed its bearish stance on long-dated U.S. Treasuries, citing overcrowded short trades and Treasury buyback operations. The firm warned that suppressing yields via debt managem…