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Gold News: Prices Move Higher Despite Rising Treasury Yields

Gold markets stay strong ahead of the release of U.S. Producer Prices data.

FX Empire
11 Oct 2024

Limited Strength for the Dollar After Higher Than Expected American Inflation

Headline annual inflation reached a fresh low of more than three years but the greenback’s performance was mixed.

FX Empire
11 Oct 2024

BNB Price Analysis: Whale Demand Hits $112M as Scroll (SCR) Launches on Binance

BNB price fell toward $550 on Thursday, Oct 10. Despite the 6% correction, on-chain data shows whale investors entering a buying frenzy on Binance.

FX Empire
11 Oct 2024

Oil News: Prices Pull Back Amid Profit-Taking

Oil traders monitor the developments in the Middle East.

FX Empire
11 Oct 2024

Crypto Gets Hammered in America, Rebounds in Asia

Since the beginning of the week, Bitcoin’s intraday momentum has been dominated by declines during the US session.

FX Empire
11 Oct 2024

Japanese Yen Moves Lower: Analysis For USD/JPY, EUR/USD, AUD/USD, NZD/USD

Forex traders are waiting for the release of U.S. PPI and Core PPI reports.

FX Empire
11 Oct 2024

Silver (XAG) Daily Forecast: Eyes on US PPI Data as Silver Tests $31.50

Silver (XAG) rises to $31.17 as market eyes US PPI data. Rate cut hopes amid dollar weakness fuel bullish sentiment.

FX Empire
11 Oct 2024

Why is Uniswap (UNI) Price Going Up Today?

Uniswap’s UNI token surges 15% after the Unichain Layer-2 launch, but technical indicators hint at a potential correction.

FX Empire
11 Oct 2024

Gold (XAU) Daily Forecast: Uptrend Holds Firm as U.S. Dollar Weakens on Rate Cut Hopes

Gold gains as Fed rate cut hopes grow, pushing the U.S. dollar lower. XAU/USD targets next resistance at $2,659.

FX Empire
11 Oct 2024

Ethereum, XRP, and Solana Technical Analysis Following US Inflation Data

Ethereum, XRP, and Solana show downside risks in the short term, with Ethereum and Solana forming bearish patterns and XRP targeting a 13% drop, according to technical analysis following the latest U.S. inflation report.

FX Empire
11 Oct 2024

Dax Index News: German Inflation and US Producer Prices Key for Today’s Market Outlook

DAX outlook hinges on German inflation and US data. Softer inflation boosts ECB rate cut expectations, while US sentiment guides Fed policy.

FX Empire
11 Oct 2024

Bitcoin (BTC) Slides Below $60K as US Inflation Data Surprises

Bitcoin drops as US economic data surprises. Rising inflation, higher jobless claims, and ETF outflows impact BTC, with more volatility expected.

FX Empire
11 Oct 2024

Nikkei 225 Rises 0.55% as USD/JPY Stabilizes; BoJ Rate Delay Boosts Sentiment

Fed’s next move unclear as US labor and inflation data diverge; China’s stimulus speculations weigh on Asian market sentiment.

FX Empire
11 Oct 2024

Natural Gas and Oil Forecast: Brent, WTI Gain 1% Amid Hurricane Impact & Middle East Risks

Brent & WTI oil prices rise 1% as hurricane damage disrupts U.S. fuel supply, while Middle East tensions keep traders on edge.

FX Empire
11 Oct 2024

XRP News Today: Ripple Fights Back with Cross-Appeal, XRP Climbs 1.22%

XRP climbs on Ripple’s legal action, outperforming crypto markets. Investors await SEC’s next steps for further price movement.

FX Empire
11 Oct 2024

Japanese Yen Forecast: Will BoJ Rate Hike Bets Rise on Strong Consumer Sentiment?

apan’s Consumer Sentiment Index may drive USD/JPY trends this week, with a BoJ rate hike possible if inflation signals increase. US data also holds key market influence.

FX Empire
11 Oct 2024

Australian Dollar Forecast: Can China Stimulus Boost AUD/USD Toward 0.68?

AUD/USD eyes potential gains with China’s economic support measures. US producer prices and consumer sentiment reports could steer short-term price action.

FX Empire
11 Oct 2024

Gold, Silver, AUD/USD Technical Analysis After the CPI Release

Excerpt: Gold and silver rebound higher after the CPI release, while AUD/USD remains under pressure.

FX Empire
11 Oct 2024

Bitcoin News: CME Group Analysts Hint at $70k BTC Price Rally after US CPI

Bitcoin price hit a 23-day low of $58,901 on Oct 10, down 8.5% in 3-days, historical data suggests the latest US CPI report could spark instant BTC rebound

FX Empire
11 Oct 2024

NASDAQ Index, SP500, Dow Jones Forecasts – Stocks Move Lower As Traders Are Cautious After CPI Report

Major indices are losing ground as traders prepare for a less dovish Fed.

FX Empire
11 Oct 2024

Gold, Silver, Platinum Forecasts – Gold Rebounds Amid Rising Geopolitical Tensions

Strong U.S. dollar did not put pressure on precious metals markets.

FX Empire
11 Oct 2024

U.S. Dollar Moves Higher After CPI Data: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency gained some ground as traders focused on U.S. inflation reports.

FX Empire
11 Oct 2024

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Israel Prepares To Retaliate Against Iran

Recent reports indicate that Israel may soon make a final decision on how it would respond to the recent attack from Iran.

FX Empire
11 Oct 2024

Gold Price to Decline Based on Bond Yield Moves

Never question the authority. It doesn’t know either.

FX Empire
10 Oct 2024

EIA Natural Gas Storage Build Of +82 Bcf Exceeds Analyst Estimates

Natural gas traders will stay focused on the impact of Hurricane Milton.

FX Empire
10 Oct 2024
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