Crypto adoption appears to finally be moving mainstream as El Salvador recognizes Bitcoin as legal tender and AMC announces its intention to accept Ether and Litecoin.
The US Dollar continued to find firmer footing following soft US CPI amid weak data through the Asian session. Will EUR/USD stay in the range or break lower?
AUD/USD extends the decline following the contraction in Australia employment as fresh US data prints fuel speculation for an imminent shift in Fed policy.
The risk-sensitive Australian Dollar broke down overnight as broader market sentiment soured, dragging US stocks and Treasury yields lower. Chinese economic data is in focus as APAC trading kicks off.
The price of gold may face a further decline ahead of the Federal Reserve interest rate decision on September 22 amid broad based weakness across precious metals.
USD surge on retail sales, hawkish Fed up next?
Bitcoin (BTC) prices edge towards $50,000 but bulls need to clear a few hurdles first.
XAU/USD is unable to break higher despite softer US CPI and economic slowdown
GBP/USD is a little weaker in early European hours Thursday but continues to trade within a relatively narrow range, unaffected by Wednesday’s UK Cabinet reshuffle.
The Nasdaq 100 has bullish breakout potential while the Dow Jones is showing a possible downside breakout. The S&P 500 is stuck in the middle, focus is on for next week’s FOMC.
Login with Google
Login with Facebook