While longer-term U.S. government yields and the dollar increased on Thursday as investors assessed the monetary policy and inflation outlook in the United States.

Investors are caught in a whirlwind of global uncertainty and trade anxieties. With Trump’s anticipated tariffs looming like storm clouds, those markets in the line of tariff fire are bracing for impact.

The Federal Reserve is cautious about stabilizing core inflation, slowing potential rate cuts. Long-term bond yields are rising. Gold’s outlook dims amid a Bitcoin surge, and the U.S. dollar strengthens.

With inflation steady and Fed officials hinting at limited rate cuts, the dollar remains strong, adding downward pressure on gold.

QCOM appears to be in the final leg of a ZigZag correction, specifically within wave (C) of Primary degree wave 2.

The Canadian dollar weakened to 1.4 per dollar, the lowest level since May 2020, amid a broader wave of US dollar buying, falling oil prices, and concerns about China’s economic growth.

Markets were quick to buy USD after a minor correction as US CPI was released yesterday.

JD.com, Inc. reported a robust third quarter performance in 2024, with net revenues reaching RMB260.4 billion (US$137.1 billion).

Bitcoin has continued to rise to reach new record highs, trading well over $93,000 yesterday, which suggests that it could reach $100,000 soon.

GBP/JPY remains under pressure ahead of a speech by BoE Governor Andrew Bailey scheduled for Thursday.

Traders should monitor the index closely in relation to the invalidation level at 10,289.18.

The euro have been a little bit positive during the trading session on Wednesday against the Australian dollar as it looks like we are threatening the 50 day EMA.

Indian share markets are trading on a positive note with the Sensex trading 100 points higher and Nifty is trading 38 points higher.

Bitcoin, the biggest cryptocurrency in the industry, surged to a record high of nearly $94,000 as the Donald Trump trade gained steam.

There were no surprises from Wednesday’s US inflation data and the market was back to focusing on the Trump trade.

EUR/USD sinks to near 1.0530 as the US Dollar extends its rally as Republicans win both houses in the US.

The US core CPI number came in at 0.3% MoM, which on an annualised basis still looks too high for Powell. However, markets reacted with relief, causing US rates to move lower.

Today you will see Gold price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD?

The correction in wave II seems to be over so we focus on the five-wave rally of wave III and the price action remains in an uptrend. We are looking for a re-entry into the trend.

Total Q3 earnings for the 458 S&P 500 members that have reported results through Wednesday, November 13th, are up +6.9% on +5.4% higher revenues, with 73.6% beating EPS estimates and 61.4% beating revenue estimates.