Ethereum uncertainty prevails, ETH products see inflows as SEC Chair waives off ETH classification question
Ethereum is hinting at a resumption of a sideways movement on Tuesday after seeing inflows for the first time in seven weeks.
FXStreet1h
EUR/USD Forecast: Further consolidation appears on the cards
EUR/USD struggled to retest the 1.0800 region once again. The US Dollar rose to two-day highs despite lower yields. The Fed’s ...
Asia wrap: US election risk and the markets blind spots
Regarding domestic politics, volatility markets appear to be underestimating the risk of an inconclusive election result or ...
FXStreet1h
Dow Jones Industrial Average churns as Fed rate cut hopes grapple with cautious Fedspeak
Dow Jones softly higher on Tuesday but risk appetite remains tepid. Fed officials throw caution about broad-market rate cut hopes. Rate markets still see nearly 70% odds of a September rate trim. The ...
US Dollar gains some ground as market await drivers
The US Dollar Index (DXY) is trading at 105, registering mild gains. Market dynamics are currently influenced by Federal Reserve (Fed) Chair Jerome Powell's cautious remarks regarding the ...
Gold Price Forecast: XAU/USD eases toward $2,310 amid a better market mood
Meanwhile, easing US government bond yields weigh on US Dollar demand. The 10-year Treasury note offers 4.43%, down 5 basis points on the day, while the 2-year note yields 4.80%, down 1 bps and ...
Rivan Earnings Preview: RIVN stock caves after early Tuesday surge
Rivian (RIVN) stock couldn’t hold onto bulls’ initial buying spree on Tuesday ahead of its quarterly earnings call after the close. Rivian stock opened more than 8% higher on Tuesday but quickly shed ...
Fed's Kashkari: Fed will hold rates where they are if we need to
Kashkari put down 2 rate cuts in 2024 in March, it's possible it will stay at 2, or go to 1 or even 0 rate cuts for the June SEP. Keeping rates where they are for longer than the public expects is ...
Mexican Peso pulls back from rally amid hawkish Fed remarks
Mexican Peso's rally halts following hawkish comments from Minneapolis Fed President Neel Kashkari. Mexico’s inflation report and Bank of Mexico's policy decision keep trading cautious; automotive ...
AUD/USD Forecast: A decent resistance lies around 0.6650
Extra gains may allow the AUD/USD to revisit its May high of 0.6647 (May 3), which is slightly ahead of the March top of 0.6667 (March 8) and the December 2023 peak of 0.6871. Meanwhile, if sellers ...
Evaluation the current earnings season [Video]
After falling to $2,310 in the early European session, Gold recovered to the $2,310 area in the second half of the day. The benchmark 10-year US Treasury bond yield stays in negative territory below 4 ...
Pound Sterling retreats as BoE appears to deliver slightly dovish interest-rate outlook
The Pound Sterling (GBP) drops to 1.2540 against the US Dollar in Tuesday’s London session. The GBP/USD falls as the US Dollar extends its upside, with the US Dollar Index (DXY) – which tracks the ...