Greenback Appreciates Ahead of US Labor Market Report. Forecast as of 09.01.2025
The US Federal Reserve is adopting a cautious stance, anticipating that the 2% inflation target will be reached later than previously expected. Investors were already aware of this information, which…
Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 09.01.2025
Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: A triangular correction…
Gold prices edge higher; demand boosted by Trump-inspired uncertainty
Investing.com– Gold prices edged higher Thursday, continuing the recent gains, as heightened uncertainty over a hawkish Federal Reserve and President-elect Donald Trump’s plan for trade tariffs fueled some safe haven demand.…
Gold prices steady as markets weigh hawkish Fed, Trump tariffs
Investing.com– Gold prices steadied in Asian trade on Thursday after logging two straight days of gains, as heightened uncertainty over a hawkish Federal Reserve and President-elect Donald Trump’s plan for…
Oil prices edge down on rising U.S. fuel inventories
By Yuka Obayashi TOKYO (Reuters) – Oil prices fell on Thursday, extending losses from the previous day, pressured by large builds in U.S. fuel inventories last week, though concerns over…
Asia FX weakens as hawkish Fed boosts dollar; yen rises on BOJ rate hike bets
Investing.com– Most Asian currencies drifted lower on Thursday, coming under pressure from a stronger dollar as hawkish comments from the Federal Reserve furthered bets on a slower pace of rate…
Buoyant dollar keeps pound, euro and yen under pressure
By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar charged ahead on Thursday underpinned by rising Treasury yields, putting the yen, sterling and euro under pressure near multi-month lows amid…
Oil prices steady; traders digest mixed US inventories, weak China data
Investing.com– Oil prices fell in Asian trade on Thursday as investors digested data showing an unexpected increase in U.S. product inventories, while weak economic data from top importer China also…
Oil prices dip on mixed US inventories, weak China data
Investing.com– Oil prices fell in Asian trade on Thursday as investors digested data showing an unexpected increase in U.S. product inventories, while weak economic data from top importer China also…
Oil prices extend losses on rising U.S. fuel inventories
By Yuka Obayashi TOKYO (Reuters) – Oil prices fell on Thursday, extending losses from the previous day, pressured by large builds in U.S. fuel inventories last week, though concerns over…
