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Bitcoin, the leading cryptocurrency, extends its sideways trading for another day. The BTC/USD pair continues to follow a narrow trading range of 10,430 to 9,945 level. A bearish breakout 9,945 level may trigger selling until 9,346 level — checkout the Bitcoin price forecast to learn more about the trade setup.
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Gold hovers above 2 1/2-week low, heads for 2% weekly loss Spot Gold hovered above a 2 1/2-week low of $3,201.95 on Friday, as investors braced for the US Non-Farm Payrolls report later in the day for more insight into macroeconomic conditions and the Fed’s future interest rate path.Employers in […]
Crude oil trading outlook: WTI and Brent futures steady as Iraq, Ukraine weighed WTI and Brent prices were little changed during early trade in Europe today. The US conducting air strikes on jihadists in Iraq sent mixed signals to markets, while PM Malikis stunt had no apparent impact on prices.WTI for September […]
Forex Market: GBP/USD daily trading outlook Yesterday’s trade saw GBP/USD within the range of 1.4786-1.4914. The pair closed at 1.4821, shedding 0.47% on a daily basis, while extending the loss from Monday. The daily rate of decrease has been the steepest one since December 17th, when […]
Asos Plc’ share price up, posts full-year profit that surpasses initial analysts’ projections The largest online-only fashion retailer Asos Plc reported on its annual profit, which surprised analysts estimates. Shares of the company surged the most since late August during the London trading session, following the announcement. […]
EUR/SEK settles below 5-week high, posts weekly gain The EUR/SEK currency pair settled below Friday’s high of 10.9945, its strongest level since May 2nd, in the wake of the European Central Bank’s policy decision.The ECB lowered all three of its benchmark interest rates by 25 basis […]
SG Echo receives record $11.3 million purchase order Safe & Green Holdings Corp, a developer, designer and fabricator of modular structures, said on Thursday that its wholly-owned subsidiary SG Echo LLC had been awarded a purchase order to provide more than 150 additional modular units […]