By continuing to use this website, you agree to our use of cookies.You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. Speculation that inflation is not-so transitory and that mounting price pressures will force the Fed to act – via tapering […]
By continuing to use this website, you agree to our use of cookies.You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. Both of the latter moving higher can be detrimental to the yellow metal, so Thursday’s price action might have been […]
By continuing to use this website, you agree to our use of cookies.You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. Gold jumped to its highest price since February this week as it moved to test the topside of a longstanding […]
We use a range of cookies to give you the best possible browsing experience. Cryptocurrencies and digital assets have taken the investing world by storm over the last couple of months, as new “alt-coins” continuously break out to record highs. Gary “Vee” Vaynerchuk, a social media mogul, has touted in recent weeks the opportunities for […]
We use a range of cookies to give you the best possible browsing experience. More recently, FOMC officials have continued to voice adamantly how the central bank will look through transitory rises in inflation and keep benchmark interest rates near zero for the foreseeable future. With real yields turning low and precious metals regaining their […]
We use a range of cookies to give you the best possible browsing experience. While popular culture figures like Elon Musk have touted their Bitcoin belief in the past, the Tesla chairman has since moved on to a coin with a smaller market capitalization and many crypto traders suspect his appearance on Saturday Night Live […]
We use a range of cookies to give you the best possible browsing experience. In the process, BTC/USD has breached below its 20-day Simple Moving Average , which could add to the overhead technical pressure facing the cryptocurrency. Even lower lies the psychologically important 50k level, which, if breached, would likely put significant overhead pressure […]
We use a range of cookies to give you the best possible browsing experience. Traders are currently concentrating on assets such as gold, Bitcoin and Ether as broadly balanced trading sentiment leads to sideways movements in many other markets. Also on the positive side, US and UK airlines and travel companies are pushing for US/UK […]
We use a range of cookies to give you the best possible browsing experience. According to the DailyFX Economic Calendar, ISM manufacturing PMI for April crossed the wires at 60.7 versus the consensus expectation of 65, sending the US Dollar lower. Optimism over a full reopening in the US has grown stronger over the last […]
We use a range of cookies to give you the best possible browsing experience. After an incredible surge through last summer that saw Gold prices move to an all-time-high, prices began to pullback in early-August and that’s pretty much continued since. So quite a bit has changed since Gold prices have hit that all-time-high, and […]
We use a range of cookies to give you the best possible browsing experience. Still, the market remained jittery about potential Fed tapering after Robert Kaplan, the president of the Dallas Federal Reserve, said it’s time to start debating a reduction in bond purchases. More than 86% of S&P 500 companies have beaten analysts’ forecast […]
We use a range of cookies to give you the best possible browsing experience. Market sentiment struggled this past week, with most benchmark stock indices ending in the red. This meant a rosy week for the anti-risk US Dollar, but most of its progress occurred on Friday following persistent losses throughout the week. It remains […]
We use a range of cookies to give you the best possible browsing experience. As this utility grows, Ethereum can break $3,000 and above, although its recent spectacular ascent may need a short period of consolidation before the next leg higher. As always, the cryptocurrency space can, and has, made a sharp reversal in the […]
We use a range of cookies to give you the best possible browsing experience. While retail investors and other market participants use GBTC as a means to get exposure to bitcoin, some argue that the premiums paid to own shares outweigh the liquidity and security benefits that the trust is positioned to offer. Bitcoin hit […]
We use a range of cookies to give you the best possible browsing experience. Gold prices surged more than 7.2% off the yearly low with the rally now probing confluence technical resistance heading into the Federal Reserve interest rate decision this afternoon. Monthly open support rests at 1707 backed by key support at the 38.2% […]
We use a range of cookies to give you the best possible browsing experience. Recent gains followed a bounced from the 100-day Simple Moving Average and the midpoint of the Fibonacci retracement at 46815.50. Now, BTC/USD is facing its next test to see whether or not it could set a course to revisit the all-time […]
We use a range of cookies to give you the best possible browsing experience. Gold prices have stormed higher in April, climbing over 7% to push to the highest levels since late-February. The IG Client Sentiment Report shows 82.58% of traders are net-long with the ratio of traders long to short at 4.74 to 1. […]
We use a range of cookies to give you the best possible browsing experience. Gold prices weakened over the past 24 hours as the anti-fiat yellow metal felt the pressure of a rising US Dollar and longer-term Treasury yields. This could be in anticipation of similar outcomes at the 30-year government bond auction later today […]