The NZD/USD currency pair is showing signs of continued weakness, trading around 0.5830 during Asian hours on Wednesday, following the Reserve Bank of New Zealand (RBNZ) decision to cut interest rates by 25 basis points, lowering the Official Cash Rate (OCR) to 3%, in line with market expectations. This move has contributed to a bearish...
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In forex
Silver Price Forecast: XAG/USD Dips Toward 50-Day EMA Near $37.00
Silver price (XAG/USD) continued its bearish momentum on Wednesday, extending its losing streak for the fifth consecutive session. During the Asian trading hours, the precious metal was observed trading around $37.20 per troy ounce, reflecting the ongoing downtrend. Technical indicators suggest that the Silver price remains under pressure, with the short-term and medium-term momentum skewed...
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In forex
US Dollar Index Strengthens Above 98.00 Ahead of FOMC Minutes
The US Dollar Index (DXY), a benchmark gauge of the US Dollar’s (USD) value against a basket of six major global currencies, traded higher around 98.30 during Wednesday’s Asian session, signaling renewed strength in the greenback. Market participants are closely eyeing the upcoming Federal Open Market Committee (FOMC) Minutes for insights into the Federal Reserve’s...
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In business
XRP Price Outlook: Market Consolidates Amid SEC ETF Delay; Could XRP Reach $2?
XRP (XRP) investors are witnessing a phase of consolidation as the market digests recent gains and anticipates regulatory clarity. The SEC’s decision to delay its verdict on multiple XRP spot exchange-traded funds (ETFs) has arguably stalled the token’s latest rally, leaving traders and holders in a wait-and-see scenario. Despite this temporary pause, the futures market...
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In forex
Ethereum Price News: ETH’s Rally Touches Key Support; Big Bounce to $5K Coming?
Ethereum (ETH) has captured significant attention in the crypto market this week as its trading volumes surged to $75 billion, reaching a 2025 swing high of $4,788. Despite ETH’s recent pullback, the technical setup and strong market tailwinds suggest that the top altcoin could be poised for a substantial bounce, potentially testing the $5,000 level...
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In business
Litecoin Price Forecast: Bullish Divergence Hints at 45% Rally Against Bitcoin
Litecoin (LTC) has struggled against Bitcoin (BTC) for years, with the LTC/BTC pair showing a prolonged downtrend that has frustrated traders and investors alike. However, recent technical signals suggest that a trend reversal may be imminent, opening the door for a potential 45% rally against BTC. Key indicators, including a bullish divergence on the two-week...
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In forex
XRP News Today: Crypto Sell-Off Deepens, XRP Faces Key $2.8 Support Test; BTC at $112k
The cryptocurrency market has entered a volatile phase, with XRP and Bitcoin (BTC) under significant pressure amid macroeconomic uncertainty and regulatory developments. XRP has faced steep declines following the withdrawal of appeals in the Ripple vs. SEC case, while BTC slipped below critical support levels, triggering broader market corrections. In her article, broker Jennifer Walker...
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In finance
Chainlink Surges to 7-Month High as Wallet Growth Hits 2025 Record; Is $30 Within Reach?
Chainlink (LINK), the native token of the Chainlink network, has recently captured the attention of traders and investors alike, reaching a 7-month high as network activity hits unprecedented levels for 2025. On August 19, LINK briefly touched an intraday high of $26.51 before pulling back slightly to around $24.72, marking a 30% gain over the...
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In finance
PayPal: A Timely Value Play or a Value Trap?
Is PayPal about to rebound, or is the platform still facing turbulence? That’s the burning question as investors wrestle with PayPal’s positioning: is it a fundamentally strong fintech at a discount, or is its recent volatility a sign of deeper structural challenges? With its stock trading at a utility-like valuation and early signs of margin...
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In business
Savvy Savers Reap the Rewards: Today’s High-Yield Savings Rates Shine Above the Rest
Ever wonder why your big savings haven’t been growing? If your money’s stuck in a traditional account earning just 0.5% APY or worse, under 1% it’s quietly losing value against inflation. But here’s the good news: you can do better. Starting today, some high-yield savings accounts offer between 4% and 4.35% APY, a significant leap...
