Silver price consolidated below the $34.00 figure for the second consecutive day and printed a bearish day, losing over 0.68% on Thursday, characterized by overall US Dollar strength.
The USD/JPY remains flatlines late in the North American session after traders digested monetary policy decisions by the Bank of Japan (BoJ) and the Federal Reserve (Fed).
The US Securities and Exchange Commission (SEC) clarified its stance on proof-of-work (PoW) cryptocurrency mining, ruling that it does not constitute securities trading under US law.
The Canadian Dollar (CAD) whipsawed on Thursday, rising and then falling six-tenths of a percent as Loonie traders digest new policy guidance plans from the Bank of Canada (BoC).
Gold price retreats on Thursday as bulls take a breather following the Federal Reserve's (Fed) latest monetary policy decision and an escalation of hostilities in the Middle East.
The Greenback made a U-turn, building on Wednesday’s post-FOMC recovery and climbing to weekly highs as investors reassessed the Federal Reserve’s lack of urgency in cutting rates.
The Dow Jones Industrial Average (DJIA) continued to challenge the 42,000 key handle on Thursday, catching an early rise after US economic figures broadly beat forecasts.
Institutional prime brokerage firm LTP made a major push into the European digital asset market with the acquisition of Turing Capital Brokerage (TCB), a Spanish firm licensed under the European Un...
Bank of Canada (BoC) Governor Tiff Macklem is squeezing his money's worth out of his appearance at the Calgary Economic Development meeting in Calgary, delivering further soundbites about the BoC's stance in regards to inflation and tariffs to followup his earlier appearance.
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against a basket of currencies, is trading stronger against major peers on Thursday, avoiding further downside pressure.
Bank of Canada (BoC) Governor Tiff Macklem noted on Thursday that spillover risk from US tariff policies remains a key risk to the Canadian central bank's monetary policy outlook.
NZDUSD facing downward pressure as it fails to break key resistance levels, with sellers gaining control and price below key moving averages. Bearish bias persists, potential support at 100/200 bar MA on 4H chart.
The British Pound (GBP) depreciated against the US Dollar (USD) after the Bank of England (BoE) decided to keep rates unchanged and warned about interest rate cuts due to “a lot of economic uncertainty at the moment,” said BoE Governor Andrew Bailey.
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