Author: FX
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…
Bitcoin has extended its bullish run, surging past the previous record of $112,000 to a new high of $113,787 (and climbing). The latest leg higher is being fueled in part by Trump’s call for a historic Fed rate cut, which has reignited interest across risk assets, including crypto. The rally is also being supported by short covering, as bears are forced to exit positions amid accelerating upward momentum.The broader crypto market is riding the wave as well, with Ethereum pushing above $2,800 and Dogecoin climbing more than 5.5% over the past 24 hours.From a technical standpoint, Bitcoin’s breakout began yesterday…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…
“We are working non-stop to find an initial agreement with the US to keep tariffs as low as possible and to provide the stability that businesses need.”That before acknowledging that “the relationship with the US may not return to what it was”. However, she reaffirmed that the EU will do what is necessary to strengthen and diversify its global trade ties. As a reminder, the two sides are due to strike some form of makeshift deal in the days ahead. However, this is one that will just keep the status quo for the most part as negotiations are likely to…
GBP/CHF just caught a bounce off a familiar support level, but the real question is how far it can climb before the bears come sniffing around again. We’re zooming into the 4-hour chart to see if the pound’s making a comeback or just catching its breath before heading back down! GBP/CHF 4-hour Forex Chart by TradingView Traders are dipping a toe back into risk as U.S. tariff policy hangs in the air, giving the British pound a little room to run against safe havens. Hopes for a stronger U.K. GDP print on Friday aren’t hurting either, with Sterling starting to…
Gold prices rose in Saudi Arabia on Thursday, according to data compiled by FXStreet. The price for Gold stood at 400.74 Saudi Riyals (SAR) per gram, up compared with the SAR 399.61 it cost on Wednesday. The price for Gold increased to SAR 4,674.15 per tola from SAR 4,660.99 per tola a day earlier. Unit measure Gold Price in SAR 1 Gram 400.74 10 Grams 4,007.40 Tola 4,674.15 Troy Ounce 12,464.01 FXStreet calculates Gold prices in Saudi Arabia by adapting international prices (USD/SAR) to the local currency and measurement units. Prices are updated daily based on the market rates taken…
USD/CAD trades sideways around 1.3700 as investors await fresh headlines regarding US trade negotiations.The FOMC minutes signaled that a majority of members do not support interest rate cuts in the near term.Investors await the Canadian employment data for June, which is scheduled for Friday.The USD/CAD pair trades in a tight range near 1.3700 during Asian trading hours on Thursday. The Loonie pair struggles to gauge direction as investors seek fresh development on trade negotiations between the United States (US) and its key trading partners, such as the Eurozone, China, Canada, and Mexico.Meanwhile, US President Donald Trump has revealed fresh tariff…
Gold prices rose in Philippines on Thursday, according to data compiled by FXStreet. The price for Gold stood at 6,026.39 Philippine Pesos (PHP) per gram, up compared with the PHP 6,011.30 it cost on Wednesday. The price for Gold increased to PHP 70,287.66 per tola from PHP 70,114.59 per tola a day earlier. Unit measure Gold Price in PHP 1 Gram 6,026.39 10 Grams 60,261.35 Tola 70,287.66 Troy Ounce 187,452.00 FXStreet calculates Gold prices in Philippines by adapting international prices (USD/PHP) to the local currency and measurement units. Prices are updated daily based on the market rates taken at the…
Gold prices rose in United Arab Emirates on Thursday, according to data compiled by FXStreet. The price for Gold stood at 392.25 United Arab Emirates Dirhams (AED) per gram, up compared with the AED 391.27 it cost on Wednesday. The price for Gold increased to AED 4,575.17 per tola from AED 4,563.75 per tola a day earlier. Unit measure Gold Price in AED 1 Gram 392.25 10 Grams 3,922.62 Tola 4,575.17 Troy Ounce 12,200.47 Daily Digest Market Movers: Gold price is underpinned by rising trade tensions, modest USD downtick US President Donald Trump issued tariff notices to eight minor…
Gaza truce possible in one or two weeks but not in a day, Israeli official says Source link