After months of aggressive positioning, Bitcoin’s market structure is increasingly defined by caution rather than conviction. Traders are stepping back as macroeconomic and geopolitical risks resurface. Bitcoin Traders Adopt Deleveraging Strategy In Shaky Market According to a CryptoQuant analyst, Darkfrost, investors are refraining from risky leveraged positions in Bitcoin futures. This behavioral shift is most…
By Joel Kruger Market conditions appear to be realigning with the broader status quo, particularly around Fed expectations. After a brief wobble driven by a hawkish tilt that unsettled risk assets, the market is once again leaning toward accommodation. Rate-cut expectations have risen sharply, with roughly an 88% implied probability of easing by December 10…
Gold price drifts higher to a fresh all-time high in Monday’s early European session. The possible US government shutdown boosts the safe-haven flows, benefiting the Gold price. Traders await the Fedspeak later on Monday for fresh impetus. The Gold price (XAU/USD) extends its upside to a record high above the $3,800 psychological level during the…
USD/JPY edges lower to near 149.50 in Monday’s early Asian session. US core PCE inflation steadied at 2.9% YoY in August as expected. Expectations that the BoJ might delay rate hikes could undermine the Japanese Yen. The USD/JPY pair loses ground to around 149.50 during the early Asian session on Monday. The US Dollar (USD)…
Gold price drifts higher to a record high around $3,755 in Tuesday’s Asian session. Expectations of more US interest rate cuts and persistent political uncertainty continue to boost demand for Gold. Traders await the Fed’s Powell speech later on Tuesday for fresh impetus. The Gold price (XAU/USD) gains momentum to a fresh all-time high around…
USD/JPY trades flat around 148.00 in Monday’s early Asian session. The US central bank delivered an expected rate cut but signaled little urgency to lower borrowing costs. BoJ kept interest rates unchanged, with two members voting for a rate hike. The USD/JPY pair holds steady near 148.00 during the early Asian session on Monday. The US…
Oil Markets & Dollar: the NFP Effect Unpacked 1. Background: Energy Demand and U.S. Jobs Data The August Nonfarm Payrolls report came in far weaker than expected, with only 22,000 jobs added versus a forecast of 75,000. The unemployment rate ticked up to 4.3%, highlighting a clear cooling in the labor market. For energy traders,…
Costco Wholesale Corporation (COST) reported a robust financial performance for its fourth quarter of fiscal 2025 with net sales reaching $84.4 billion, an 8% increase from $78.2 billion last year. This growth was supported by strong comparable sales gains across multiple regions and a notable contribution from e-commerce channels. Comparable sales for the quarter rose 5.7%,…
Australian Dollar maintains its position despite GDP expanding 0.6% QoQ in Q2. China’s Caixin Services PMI rose to 53.0 in August, against the expected 52.5 reading. The CME FedWatch tool indicates that more than 91% of a 25-basis-point Fed rate cut is expected in September. The Australian Dollar (AUD) moves little against the US Dollar…
Gold price declines in Friday’s early European session. Profit-taking and a firmer US Dollar undermine the Gold price, but rising Fed rate cut expectations might limit its losses. Traders will closely monitor the US July PCE inflation report later on Friday. The Gold price (XAU/USD) edges lower during the early European trading hours on Friday. The yellow…