Gold prices dipped as investors took profits following a near one-month high, but still recorded their biggest weekly gain since April on expectations of a pause in U.S. interest rate hikes. Spot gold was down 0.3% at $1,954.69 per ounce, while U.S. gold futures eased 0.2% to $1,959.30. The dollar index edged up 0.2% but remained close to its lowest level since April 2022.
Services PMIs are falling, but still higher than 50 points. What's happening in global economies?
Hello, and welcome to the first week of July. Today’s movers: the dollar is rising ahead of the PMI release, the US500 is at a 15-month high, and more.
Exciting news from Mastercard: they are launching a Multi-Token Network (MTN) to explore the potential of tokenized bank deposits, stablecoins, and central bank digital currencies (CBDCs). The MTN will begin with testing tokenized bank deposits and will be available in beta mode this summer in the UK. They have invited banks and financial institutions to participate in the initiative.
Good morning, traders! The last week was crazy with all those Bitcoin pumps and gold plunges. Let’s overview what we have for this one.
One day they say crypto is a pyramid scheme. The next day they accept it. What happened?
More Bitcoin ETFs, BRICS becomes stronger, and gold upside chances. There’s nothing better than a cup of fresh news in the morning.
Some progress in US debt ceiling talks is made, and the PMI data is out.
Here's the latest scoop: Paul Tudor Jones, the billionaire hedge fund manager, seems concerned about Bitcoin's appeal. He believes the growing unfriendly regulatory landscape in the United States makes Bitcoin less attractive. Additionally, the prospect...
A week full of impactful events is waiting for us. US CPI, PPI, and UK Interest Rate will drive the market. Let’s not waste our time and delve into the economic calendar.
The US national GDP is released today. What's happening? Don't miss the news digest!
The earnings season continues, BTCUSD regains its strength, and more releases for the USD
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Don’t waste your time – keep track of how NFP affects the US dollar and profit!
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