XRP continues to capture market attention as bulls remain cautiously optimistic, with the $3 support level emerging as a critical price floor. Following Ripple’s legal victory in the long-running SEC case, market participants are increasingly focused on the potential approval of a spot XRP ETF, signaling renewed institutional interest and trading activity. This insightful publication...
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In forex
EUR/USD Forex Signal: Targets YTD High as it Flips Key Resistance
The EUR/USD exchange rate surged to its highest level since July 28, breaking through key resistance levels, as Federal Reserve Chair Jerome Powell hinted at a pivot towards interest rate cuts. The currency pair jumped to 1.1725, a significant rise from this month’s low of 1.1390, driven by concerns over the US labor market and...
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In forex
GBP/USD Forex Signal: Inverse Head-and-Shoulders Forms Highlight Bullish Reversal
The GBP/USD exchange rate staged a significant rebound on Friday, following a relatively dovish statement from Federal Reserve Chair Jerome Powell at the Jackson Hole Symposium in Wyoming. The pair climbed sharply from a recent low of 1.3387 to reach 1.3548, demonstrating heightened volatility in the Forex market amid renewed monetary policy speculation. Rachael Glover,...
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In forex
Australian Dollar steadies as US Dollar trims recent gains
The Australian Dollar (AUD) steadied on Monday against the US Dollar (USD) after posting gains of more than 1% in the previous session, amid shifting expectations for monetary policy from both the Federal Reserve (Fed) and the Reserve Bank of Australia (RBA). The AUD/USD pair is currently trading around 0.6480, showing little movement as traders...
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In finance
Gold Slips as Reduced Fed Rate Cut Bets Underpin USD Ahead of Powell’s Jackson Hole Speech
Gold (XAU/USD) extended its decline for the second straight day on Friday, pressured by a stronger US Dollar (USD) and reduced Federal Reserve (Fed) rate cut bets. The yellow metal, often viewed as a safe-haven asset, has failed to attract fresh buying interest despite a generally cautious market mood. Instead, investors appear reluctant to make...
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In business
Japanese Yen Struggles Amid BoJ Uncertainty; USD/JPY Surpasses Mid-147.00s on Firmer USD
The Japanese Yen (JPY) continues to face heavy selling pressure, extending its decline against the US Dollar (USD) into a second consecutive day. During the Asian trading session on Friday, the USD/JPY pair slid to a three-week low, reflecting a combination of monetary policy divergence, inflation dynamics, and heightened anticipation ahead of Federal Reserve Chair...
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In business
EUR/USD Weakens Below 1.1600, All Eyes on Jackson Hole Symposium
The EUR/USD pair continued to face selling pressure during the Asian session on Friday, slipping to around 1.1595, a decline of roughly 0.10% on the day. This move marked a critical breach below the 1.1600 psychological level, reflecting renewed strength in the US Dollar (USD) as traders positioned themselves ahead of the Jackson Hole Symposium,...
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In Forex
The $68 Barrel Balancing Act: Oil Markets Navigate Fed Cuts and Supply Chaos
Crude steadies near weekly highs as rate cut euphoria meets geopolitical supply disruptions Lead finance expert at Arbitics analyzes how oil markets balance between economic stimulus optimism and persistent geopolitical risks that could reshape energy pricing through 2025. Brent crude holds steady near $68 per barrel after climbing almost 3% last week, creating a complex...
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In forex
Silver Price Forecast: XAG/USD Slips Toward $38.00 as Fed Rate Cut Odds Ease
The silver price (XAG/USD) edged lower on Friday, trading around $38.10 per troy ounce during the Asian session. This movement followed a day of gains, but market sentiment turned cautious ahead of a pivotal event: Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole Symposium in Wyoming. Powell’s remarks are widely expected to offer...
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In forex
Australian Dollar Moves Sideways as US Dollar Steadies Ahead of Powell’s Speech
The Australian Dollar (AUD) is trading near its recent two-month low, consolidating as investors balance domestic and global factors ahead of Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole Symposium. Market participants are closely monitoring macroeconomic signals, central bank policy expectations, and technical indicators as the AUD/USD pair holds just above critical support...
