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Gold (XAU/USD) Remains Strong Above $2400/oz as Fed Hints at Upcoming Rate Cuts – MarketPulse
BySilas WDespite a stronger US Dollar yesterday, gold’s upward trend continued, bolstered by the rate cut narrative. The technical outlook for gold indicates further upside potential, with prices possibly reaching between 2440 and 2450 during the US session. The longer-term outlook is supportive of gold prices as geopolitics, ETF flows and Central Bank Buying remain in…
Gold Price Today – Gold Is Rising, Bitcoin Is Falling
BySilas WGold Is Rising, Bitcoin Is Falling Gold Price Today For anyone actively trading or following global markets, one divergence should have been impossible to ignore: precious metals are surging while Bitcoin and the broader crypto market are moving in the opposite direction. Gold has pushed to new record highs, while Bitcoin , long marketed…
Whether GDP swings up or down, there are limits to what it says about the economy and your place in it
BySilas WBy Sophie Mitra, Fordham University The Bureau of Economic Analysis released the latest U.S. gross domestic product data on April 30. In the first three months of 2025, it said, GDP contracted by 0.3%. The GDP growth rate captures the pace at which the total value of goods and services grows or shrinks. Together with…
Markets overview. Muted Trading Over Thanksgiving – ForexNews.PRO
BySilas WUSDWith the US out for Thanksgiving yesterday, dollar trading conditions were naturally muted. A similar story is likely to be true today as well, with many in the US taking an extended weekend vacation. Even so, we think dollar risks are skewed to the downside to end this week, with portfolio rebalancing likely to result…
China Consumer Price inflation picked up in January, accelerated faster than expected | Forexlive
BySilas WChina January CPI 0.5% y/y, highest level in five months expected 0.4%, prior 0.1% core was 0.6% y/y, from 0.4% in December the m/m was 0.7% (expected 0.8%, prior 0.0%) PPI -2.3% y/y, deflation continued expected -2.1%, prior -2.3% *** China’s consumer inflation accelerated in January, reaching its highest level in five months, while producer…
Tamadoge (TAMA/USD) Price Is Bottoming, Makes Spikes
BySilas WTamadoge Price Prediction – October 6 There has been a eastward line of buying and selling resulting in sideways in market valuation of the TAMA/USD, as the crypto economy is bottoming around $0.001, makes spikes. Over time, the hiking signal has been at various lower points where the moves conclude on the negative side. It’s…