Ethereum Accumulation Addresses Hit $78B: What’s Next For ETH’s Price?
Ethereum, the second-largest cryptocurrency by market capitalization, seems to be drawing attention as analysts observe market metrics that indicates the possible next move for ETH.
Silver Prices Hit A One-Month High
Silver prices traded near $32 an ounce on Tuesday, remaining near one-month highs as Chinese policymakers unveiled plans for additional economic stimulus.
Two Trades To Watch: USD/JPY, Oil Forecast - Wednesday, Dec. 11
USD/JPY looks to US CPI. Oil rises for a third day on China optimism & ahead of the OPEC report.
EURUSD: All Eyes On US CPI And EU Rate Decision
The euro lingered close to $1.05, staying just above the two-year lows recorded in late November, as markets anticipate the European Central Bank's upcoming monetary policy decision.
Greenback Bid Ahead Of CPI
The dollar is on fire. Ahead of today's US November CPI and tomorrow's anticipated rate cuts by the European Central Bank and the Swiss National Bank, the greenback is rising against all G10 currencies.
What This Shift In Rates Means
S&P 500 fulfilled my call for a tame retracement ahead of CPI, and so did precious metals swinging higher and outperforming commodities.
Will Markets End 2024 On A High Note?
Historically, December has been a standout month for markets, offering high average returns, steady gains, and low volatility—especially during election years.
US-China Trade Turns Back Down
During the summer of 2024, the volume of goods traded between the U.S. and China saw an increase after a 21 month-long plunge because of the Biden-Harris administration's anti-free trade actions.
Current Report: Mazda Motor
Mazda Motor Corp is a Japanese automobile manufacturer. The company primarily manufactures passenger cars and commercial vehicles.
Daily Market Outlook - Wednesday, Dec. 11
Asian markets declined as investors awaited key US inflation figures to assess whether the Federal Reserve will lower or maintain interest rates in the upcoming week.
Fed Balance Sheet Continues To Decline
A significant decline of 22% in the Fed balance sheet still leaves it seven times larger at $6.9 trillion than in 2008 at less than $1 trillion.
Gold Trading Strategy Today - Wednesday, Dec. 11
Gold price prediction based on the technical analysis.
Elliott Wave Technical Analysis: U.S. Dollar/Swiss Franc - Wednesday, Dec.11
The trend suggests favorable conditions for traders and analysts to align their strategies with the prevailing bullish sentiment.
Oil Prices Steady On Rising China Demand Hopes And Geopolitical Tensions
Oil prices rose on Wednesday as hopes of a revival in demand from China boosted sentiments.
GBP/JPY Trades Above 194.00 After Recovering Recent Losses, US CPI Eyed
GBP/JPY recovers its daily losses and extends its gains for the third successive day, trading around 194.20.
FX Daily: What Today’s BoC Decision May Mean For The Fed And The Dollar
The dollar has come back bid this week. Any upside surprise to today’s US November core CPI number would trigger another leg higher in the dollar.
MicroStrategy And Its Convertible Debt Scheme
In the wake of extreme confidence, we fear many MicroStrategy investors fail to grasp the inherent risks with its unique convertible bond funding and leverage scheme.
EUR/USD Slides On ECB Dovish Bets, Firm US Dollar Ahead Of US Inflation
EUR/USD tests region below 1.0500 as the Euro weakens, weighed by expectations of further ECB interest-rate cuts.
BTC/USD Forex Signal: Bitcoin Rally Hits A Barrier
The BTC/USD pair remained under pressure as the recent surge in the cryptocurrency market waned.
Sensex Today Trades Flat; PNC Infratech Rallies 10%
Asian shares inched higher as traders await key US inflation data for clues on whether the Federal Reserve will cut or hold interest rates next week. The dollar snapped a three-day gain.