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Pound sterling price news and forecast: gbp/usd remains supported above 1.2680
11/08/2023 04:14

Pound sterling price news and forecast: gbp/usd remains supported above 1.2680

AUD/USD is advancing toward 0.6550, having caught a fresh bid on RBA Governor Lowe’s hawkish remarks, hinting at more tightening ahead. The US Dolla...

How has the fed pricing changed after the inflation numbers yesterday?
11/08/2023 04:04

How has the fed pricing changed after the inflation numbers yesterday?

And that probably says a lot more than it should. Once again, the second key hurdle ahead of the FOMC meeting next month just serves to validate the c...

Gold price forecast: xau/usd could correct before targeting key 200 dma support
11/08/2023 03:59

Gold price forecast: xau/usd could correct before targeting key 200 dma support

Softer annual inflation data from the world’s largest economy cemented the case for the US Federal Reserve (Fed) inaction in the upcoming meetings, ...

Gold price falls rs 280 to rs 59,670, silver dips rs 500 to rs 73,000
11/08/2023 03:59

Gold price falls rs 280 to rs 59,670, silver dips rs 500 to rs 73,000

The price of ten grams of 24-carat gold in Delhi, Bengaluru, and Chennai is Rs 59,820, Rs 59,670, and Rs 60,050, respectively. The price of ten grams ...

Bitcoin whales drive price surge
11/08/2023 03:59

Bitcoin whales drive price surge

According to Buffinton of the youtube channel Altcoin Buzz, numerous analysts have identified Bitcoin whales as the cause of the recent price increa �...

Nzdusd trades toa new low for the week and trades below the 50% midpoint
11/08/2023 03:46

Nzdusd trades toa new low for the week and trades below the 50% midpoint

The NZDUSD is trading to a new low for the week and in doing so to the lowest level since the end of June/beginning of July. The price is also below t...

Eur/usd price analysis: impending bear cross, dilemma about ecb, fed test euro bulls below 1.1025 hurdle
11/08/2023 03:44

Eur/usd price analysis: impending bear cross, dilemma about ecb, fed test euro bulls below 1.1025 hurdle

EUR/USD bulls struggle to keep the reins, posting minor gains during three-day winning streak. Looming bear cross, multiple failures to cross one-mont...

Rba lowe: possible that some further tightening will be required
11/08/2023 03:41

Rba lowe: possible that some further tightening will be required

Addressing the House of Representatives Standing Committee on Economics today, outgoing RBA Governor, Philip Lowe Lowe stated that the purpose behind ...

Eth and sub-$1,800 hinged on us ppi numbers and the sec
11/08/2023 03:35

Eth and sub-$1,800 hinged on us ppi numbers and the sec

It was a bearish start to the Friday session, with ETH struggling after the latest US CPI Report and SEC Court filings to contest the Judge Torres rul...

New zealand bnz manufacturing slumps to post-gfc low in july
11/08/2023 03:29

New zealand bnz manufacturing slumps to post-gfc low in july

New Zealand’s BusinessNZ Performance of Manufacturing Index has experienced a drop in July, declining from 47.4 to 46.3. Digging into the details, t...

Gold edges higher after soft u.s. inflation data
11/08/2023 03:29

Gold edges higher after soft u.s. inflation data

Gold edged higher in Asia morning trading after soft U.S. inflation data buoyed investor optimism about the likelihood of the Fed pausing its interest...

The evolution of bitcoin: a detailed look at the last 10 years
11/08/2023 03:29

The evolution of bitcoin: a detailed look at the last 10 years

The past decade has witnessed a remarkable journey in the world of finance and technology , epitomized by the evolution of Bitcoin. From its enigmat �...

Usd/jpy extends rally, can it reach 150?
11/08/2023 03:24

Usd/jpy extends rally, can it reach 150?

Key Highlights USD/JPY is rising above the 142.00 resistance. A connecting bullish trend line is forming with support near 143.80 on the 4-hour chart....

Fed’s daly on cpi: not a victory yet
11/08/2023 03:19

Fed’s daly on cpi: not a victory yet

San Francisco Fed President, Mary Daly, offered a measured response to yesterday’s US CPI release, stating that while the figures “came in largely...

Bitcoin miner riot makes millions from credits during heat wave
11/08/2023 03:14

Bitcoin miner riot makes millions from credits during heat wave

COLORADO: Bitcoin miner Riot Platforms Inc made millions of dollars by selling power rather than producing the tokens in the second quarter as the cry...

Gold price forecast: xau/usd rebounds from over one-month low, upside seems limited
11/08/2023 02:59

Gold price forecast: xau/usd rebounds from over one-month low, upside seems limited

Gold price gains some positive traction and draws support from a modest US Dollar weakness. Bets for more rate hikes by Federal Reserve and rising US ...

Bitcoin, ethereum, dogecoin show resilience amid cpi data: analyst says king crypto could skyrocket 130%, to reach levels above $70k this year
11/08/2023 02:59

Bitcoin, ethereum, dogecoin show resilience amid cpi data: analyst says king crypto could skyrocket 130%, to reach levels above $70k this year

Major cryptocurrencies experienced mixed trading on Thursday evening, displaying resilience in the face of Consumer Price Index (CPI) data. Read Full ...

Btc bears eye sub-$29,500 on fed and sec fear
11/08/2023 02:47

Btc bears eye sub-$29,500 on fed and sec fear

BTC was back in the red this morning, with US producer price index numbers in focus after the market reaction to the US CPI Report on Thursday. The po...

Precious-gold frail as us dollar, yields hold ground after inflation data
11/08/2023 02:44

Precious-gold frail as us dollar, yields hold ground after inflation data

Gold prices hovered near one-month lows on Friday as markets assessed the cooler-than-expected U.S. inflation data, with bullion still set to wrap up ...

What are the charts telling us for the eurusd, usdjpy and gbpusd?
11/08/2023 02:40

What are the charts telling us for the eurusd, usdjpy and gbpusd?

The FOREX markets are quiet in the Asia-Pacific session. Japan is on holiday contributing to the lackluster price action. Yesterday's US CPI data whip...

Asia day ahead: subdued start in asia as wall street rally fizzles
11/08/2023 02:30

Asia day ahead: subdued start in asia as wall street rally fizzles

An initial rally in Wall Street eventually fizzled into the close, as Treasury yields headed higher in the aftermath of the US CPI release, prompting ...

Reuters poll: ecb to hold deposit rate at 3.75% on september 14 say 37 of 70 economists
11/08/2023 02:20

Reuters poll: ecb to hold deposit rate at 3.75% on september 14 say 37 of 70 economists

A poll of 70 economists done by Reuters shows:37 of 70 expect the ECB to hold the deposit rate at 3.75% on September 14In addition a slim majority see...

Usd/jpy flirts with ytd peak, remains below 145.00 mark amid fears of an intervention
11/08/2023 02:14

Usd/jpy flirts with ytd peak, remains below 145.00 mark amid fears of an intervention

The USD/JPY pair adds to its weekly gains and steadily climbs to the 145.00 psychological mark during the Asian session, back closer to the YTD peak t...

Silver spike investment corp. reports second quarter 2023 financial results
11/08/2023 02:00

Silver spike investment corp. reports second quarter 2023 financial results

NEW YORK, Aug. 10, 2023 (GLOBE NEWSWIRE) — Silver Spike Investment Corp. (“Silver Spike” or the “Company”), a specialty finance company that...

Nzd/usd licks its wounds at 10-week low above 0.6000 on mixed rbnz, fed concerns ahead of us statistics
11/08/2023 01:59

Nzd/usd licks its wounds at 10-week low above 0.6000 on mixed rbnz, fed concerns ahead of us statistics

NZD/USD picks up bids to pare weekly losses at multi-day low. Talks of Fed policy pivot supersede downbeat NZ data, RBNZ concerns and underpin latest ...

Goldco reviews: trustworthy gold ira company or not?
11/08/2023 01:59

Goldco reviews: trustworthy gold ira company or not?

If you’re looking for a legitimate gold IRA company that is honest and trustworthy, you may have heard of a company called Goldco. Read Full Story a...

Euro vulnerable as retail traders boost eur/usd upside exposure, where to?
11/08/2023 01:59

Euro vulnerable as retail traders boost eur/usd upside exposure, where to?

The Euro might be readying to extend a near-term downtrend towards the May low as retail traders continue building upside exposure. What are key level...

Shipments of smart phones within china down 24.1% year on year
11/08/2023 01:53

Shipments of smart phones within china down 24.1% year on year

CAICT (China Academy of Information and Communications Technology) is reporting that shipments of smartphones within China are down 24.1% YoY to 20.86...

Shockwave medical prices upsized private offering of $650.0 million of 1.00% convertible senior notes due 2028
11/08/2023 01:52

Shockwave medical prices upsized private offering of $650.0 million of 1.00% convertible senior notes due 2028

SANTA CLARA, Calif., Aug. 10, 2023 (GLOBE NEWSWIRE) — Shockwave Medical, Inc. (Nasdaq: SWAV) (“Shockwave Medical”) announced today the pricing o...

Hong kong's hang seng index to open up 0.4% at 19319.91. shanghai composite to open flat
11/08/2023 01:25

Hong kong's hang seng index to open up 0.4% at 19319.91. shanghai composite to open flat

Hang Seng index expected to open up 0.4% at 19319.91.Shanghai's composite is excited to open up flatMeanwhile,Australia ASX is trading near unchanged ...

Pboc sets yuan midpoint at 7.1587/dollar.
11/08/2023 01:22

Pboc sets yuan midpoint at 7.1587/dollar.

The PBOC sets the yuan midpoint at 7.1587/dollar vs the last close at 7.2177 This article was written by Greg Michalowski at www.forexlive.com......

Regulators open floodgates for driverless taxis in san francisco
11/08/2023 01:22

Regulators open floodgates for driverless taxis in san francisco

Regulators open floodgates for driverless taxis in San Francisco Read Full Story The post Regulators open floodgates for driverless taxis in San Franc...

: regulators open floodgates for driverless taxis in san francisco, whether they’re wanted or not
11/08/2023 01:20

: regulators open floodgates for driverless taxis in san francisco, whether they’re wanted or not

Despite opposition by city officials, California regulators approved allowing Waymo and Cruise to offer fared driverless rides across San Francisco, a...

Eur/usd steadies below 1.1000 as fed officials welcome us inflation data, ecb signals uncertain times
11/08/2023 01:14

Eur/usd steadies below 1.1000 as fed officials welcome us inflation data, ecb signals uncertain times

It’s worth noting that the US Initial Jobless Claims rose to 248K for the week ended on August 04 versus 230K expected and 227K prior while Continui...

More lowe: to get inflation to target in 2024 would require substantially higher rates...
11/08/2023 00:44

More lowe: to get inflation to target in 2024 would require substantially higher rates...

More from RBAs Lowe:To get inflation to target in 2024 would require substantially higher rates and not be in the national interest.The RBA has kept t...


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