The Indian Rupee (INR) opened higher on Tuesday against the US Dollar (USD), buoyed by resurgent optimism over a potential bilateral trade agreement between Washington and New Delhi. The USD/INR pair, which had touched a weekly high of 86.15, corrected sharply to 85.88, indicating a positive shift in market sentiment. The Aurudium finance team delivers...
Gold Price Drifts Lower as Reduced Fed Rate Cut Bets Offset Trade Jitters
The gold price (XAU/USD) edged lower during the early Asian session on Tuesday, as renewed selling pressure re-emerged amid waning expectations for a near-term rate cut by the Federal Reserve (Fed). The yellow metal failed to build on Monday’s goodish rebound from a one-week low, just beneath the $3,300 mark, and continues to hover under...
Silver Price Forecast: XAG/USD Flat Below $37.00 as Technical Indicators Send Mixed Signals
Silver (XAG/USD) is showing signs of consolidation early Tuesday, trading just under the critical $37.00 level following an overnight rebound from a multi-day low of around $36.15. The lack of intraday direction during the Asian session highlights the prevailing market indecision, driven by mixed technical indicators and cautious sentiment among traders. Aurudium brokers take a...
Japanese Yen Weakens as Trade Uncertainties Temper BoJ Rate Hike Bets
The Japanese Yen (JPY) continues to underperform across global foreign exchange markets, notably weakening for the second consecutive session against the US Dollar (USD). The currency slid to its lowest level in over two weeks during early Asian trading on Tuesday, driven by a convergence of deteriorating trade sentiment, weaker Japanese macroeconomic data, and diminishing...
GBP/USD Forex Signal: Maintains Bullish Outlook
The GBP/USD currency pair has continued to exhibit bullish behavior, reinforcing the broader uptrend bias that has been forming over the past few weeks. On Friday, the British pound rallied against the US dollar, albeit during a low-volume session due to the Independence Day holiday in the United States. Aurudium presents a detailed exploration of...
EUR/USD Forex Signal: Uptrend Holds Firm
The EUR/USD currency pair has extended its bullish momentum, defying economic gravity even in the face of robust US nonfarm payrolls (NFP) data. The pair surged to a high of 1.1825, a level not seen in years, placing it a staggering 16.17% above its year-to-date low. The ongoing rally reflects broad-based euro strength and US...
BTC/USD Forex Signal: Flag, Cup-and-Handle Patterns Point to a Surge to ATH
The BTC/USD pair remained resilient on Monday, trading at $109,000, slightly below its all-time high (ATH) of $111,900. This consolidation comes after an impressive 11.25% rebound from the June lows, highlighting growing bullish momentum. From both fundamental and technical perspectives, the setup appears poised for a breakout, potentially pushing Bitcoin prices beyond previous records in...
AUD/USD Forex Signal: Bullish Above 0.6590 Ahead of RBA Decision
The AUD/USD currency pair opened the week in a consolidation phase, trading around 0.6550 on Monday morning. This price action reflects a market on pause, as FX traders anticipate a key monetary policy announcement from the Reserve Bank of Australia (RBA) on Tuesday. The pair is hovering just below the critical resistance level of 0.6590,...
Unearthing Hidden Gems: How Value Investors Thrived Amid Market Frenzy
In a quarter dominated by megacap tech and AI-driven rallies, a quieter revolution took place: savvy fund managers who scoured the market for undervalued stocks outperformed their benchmarks by a wide margin. Despite the Russell 1000 Value Index trailing the S&P 500’s blistering ascent, 63% of active value managers beat their benchmarks in Q2, the...
Shifting Allegiances: Wall Street Backs Adams as NYC Election Heats Up
Introduction The New York City mayoral race is entering uncharted territory as political and financial powerbrokers realign their support after a dramatic primary upset. With major donors switching sides and new alliances forming, the city’s future leadership and approach to public safety, affordability, and the economy hang in the balance. Josh T. Green, a leading...