Forex News

Gold erases earlier declines and is now up for the seventh consecutive day

The price closed at $1862.22 yesterdayThe price of gold has erased its earlier declines and now trades higher on the day.  The closing level came in at $1862.22...

USD/ZAR: Sentiment around the South African rand challenged by stagflation dynamics – CIBC

The USD/ZAR is headed toward a modest appreciation over the next quarters according to analysts at CIBC. They forecast USD/ZAR at 15.45 during the fou...

Gold Price Surge Signals Markets Fear Fed Lagging on Inflation

GOLD PRICE OUTLOOK:Gold prices surge despite hawkish shift in rates outlook, stronger US DollarMarkets may be worried that the Fed remains behind the curve on...

Australian dollar bounces back from poor jobs report to the top of today’s leaderboard

The jobs decline has been erased On Thursday, a surprise drop in Australian employment rattled AUD. The economy lost 46.3K jobs compared to a gain...

XAU/EUR reaches a new yearly high around €1,629

XAU/EUR prints a new year-to-date high at €1,629.29. Inflationary pressures around the globe spurred demand for precious metals as a hedge against it. XAU/EUR: With...

GBP/USD Remains Under Pressure From the US Dollar and Article 16 Fears

GBP/USD Price, Chart, and AnalysisLittle support seen for GBP/USD.EU/UK discussions continue over NI protocol.Keep up to date with all market-moving data releases and events by...

Crypto News

The Bitcoin network welcomes Taproot soft fork upgrade

The Bitcoin (BTC) network successfully activated the Taproot soft fork following a 90% lock-in consensus from miners and mining pools between blocks 709,488 and 709,632....

Egyptian Billionaire Remains Bullish on Gold, Says It’s Wrong to Compare Precious Metal to Bitcoin – Featured Bitcoin News

Egyptian billionaire Naguib Sawiris has said he remains bullish on gold and has no intention to invest in cryptocurrencies like bitcoin because such investment is...

After London Fork, ETH’s Supply Change Drops To Almost Zero

On-chain data shows Ethereum  supply is barely changing anymore following the London hard fork. This means ETH is becoming a scarce asset now. Following London...

The stablecoin boom won’t continue without decentralized interoperability

Stablecoins are the cornerstone of the digital asset marketplace with a market cap of over $100 billion. Governments are already putting considerable resources in being...

Every Large Bank Will Actively Consider Crypto in 1-3 Years, Says Former Citi CEO – Regulation Bitcoin News

A former CEO of Citigroup said that every major bank and securities firm will consider crypto trading or services within one to three years. He...

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