BofA maintains its USD/CNY target

Gold prices have shattered previous records, trading around $4,425 per ounce as the precious metal caps off what is shaping up to be its strongest annual performance since 1979. But now the burning question is: Will gold push even higher toward $4,500 in the coming sessions, or are profit-takers about to trigger a sharp pullback?…

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Gold is on track to finish the week about $45 lower but you wouldn’t know it from Asia-Pacific trading this week. Every day since the start of the war we’ve seen significant gains in Asian trading, often fading later in the day. That strength is a hint at where the bids are coming from: China….

Galaxy Digital Holdings Ltd. (NASDAQ: GLXY) operates as a leading force in the digital asset ecosystem, providing crucial financial services for the institutional crypto market. As Bitcoin decisively breaks into new all-time highs, Galaxy has ridden this wave of institutional adoption, confirming a powerful bullish regime for the entire sector. Today, we dissect the Elliott…

(Reuters) -Audio streaming platform Spotify (NYSE:) was back up after an approximate three-hour-long outage on Sunday, which at its peak impacted more than 40,000 users in the United States, according to Downdetector.com. Downdetector, which tracks outages through a range of sources including user reports, reported less than 600 users were still having issues in the…