Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet
News
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet
Arbitrum price has been stuck under the $1.42 resistance level for four months now. Over the past three months, Arbitrum has seen growth in unique addresses on the L2, hitting 9.5 million, doubling in Q2. The altcoin is still failing to draw and sustain investors as the lack of price increase is off-putting when compared
Philadelphia Federal Reserve Bank President Patrick Harker said on Tuesday that they will probably start lowering the policy rate sometime next year. Harker argued that they don’t want to overdo it with policy tightening and reiterated that he thinks there is a path to an “economic soft landing.” Commenting on the labor market, Harker said
XAG/USD lost more than 4% this week and fell to monthly lows near $22.65. The USD benefited due to a sour market mood. Markets try to decipher the next Fed movements while speakers deliver mixed signals. On Tuesday, the XAG/USD continued its downward path and fell to its lowest since July 7th. The USD measured
NZD/USD slips below 0.6100 as China’s economy slows down. US trade deficit shrunk in June, with Imports at a 1.5-year low. Trade Balance narrows to $-65.5 billion, slightly above the estimated $-65 billion. NZD/USD traders eagerly await China’s upcoming inflation data, and US inflation data for July remains a key focal point. NZD/USD slides sharply
Bank of England (BoE) Chief Economist Huw Pill said on Monday that there are risks on both sides of UK inflation. According to him, inflation is likely to return to the target during the first half of 2025. He expects inflation to fall to 5% by the end of the current year. Pill sees real