October 29, 2024
Gold eases as Treasury yields rise, focus on US data
Gold’s record rally took a breather, as U.S. Treasury yields and dollar gained the upper hand, while investors awaited a series of U.S. economic data due this week for cues on the Federal Reserve’s interest rate outlook. The Gold-Dollar pair saw a minor rise of 0.2% in the last session. The Stochastic indicator is giving […]
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October 29, 2024
Weekly digital asset inflows reach $901M
Digital asset inflows experienced a notable surge in the week ending October 25th, reaching $901 million, largely fueled by a spike in Bitcoin transactions and propelling year-to-date totals to $27 billion. The Bitcoin-Dollar pair exploded 1.3% in the last session. The ROC is giving a negative signal.Support: 66566 | Resistance: 71486
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October 29, 2024
The Aussie dipped a slight 0.2%
The U.S. dollar headed for its biggest monthly gain since April 2022. The Aussie dipped a slight 0.2% against the Dollar in the last session. The MACD is giving a negative signal.AUD/USD saw a minor dip of 0.2% in the last session.The MACD is giving a negative signal.Support: 0.6537 | Resistance: 0.6633
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October 28, 2024
Nvidia overtakes Apple as world’s most valuable company
Nvidia dethroned Apple as the world’s most valuable company on Friday following a record-setting rally in the stock, powered by insatiable demand for its specialized artificial intelligence chips. Nvidia’s stock market value briefly touched $3.53 trillion, slightly above Apple’s $3.52 trillion. Nvidia shares rose 0.4% in the last session. Support: 138.82 | Resistance: 146.82
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October 28, 2024
The last session saw USD fall 0.5% against JPY.
The Dollar fell 0.5% against the Yen in the last trading session. The Williams indicator’s is giving a negative signal.The last session saw USD fall 0.5% against JPY.The Williams indicator is currently in negative territory.Support: 150.07 | Resistance: 153.82
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October 28, 2024
Palladium at 10-month high
Palladium prices extended gains to 10-month highs. Palladium price jumps after US suggests sanctions on Russian exports.
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