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Gold Recovers Amid Rate Cut Expectations

Gold Recovers Amid Rate Cut Expectations

Image Source: Pixabay  Gold (XAU/USD) prices have rebounded to 2394 USD per troy ounce, paring previous losses as the likelihood of a US Federal Reserve rate cut increases. Market sentiment is increasingly cautious amid recession fears, influencing stock market dynamics and bolstering the appeal of non-yielding assets like gold.Current market indicators, notably the CME FedWatch tool, […]
Asian Stock: Hengtong Optic-Electric

Asian Stock: Hengtong Optic-Electric

TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Company: Hengtong Optic-Electric Company LimitedBloomberg ticker: 600487 SHMarket cap: US$5,100mBackground: Hengtong Optic-Electric Company Limited operates as an optical fiber and optical cable manufacturer and solutions provider. The Company produces communication optical fibers, electricity fibers, rail transit cables, and […]
Brazil set to debut its first Solana ETF

Brazil set to debut its first Solana ETF

Key Takeaways The Brazilian Securities and Exchange Commission has approved the first Solana ETF in Brazil. The move solidifies Brazil’s position as a leader in the crypto ETF market, following previous approvals for Bitcoin and Ethereum ETFs. Brazil’s first Solana exchange-traded fund (ETF) will launch soon after getting the nod from the Brazilian Securities and […]
USD/CAD Hangs Near Two-Week Low Amid Weaker USD, Sliding Oil Prices Lend Support

USD/CAD Hangs Near Two-Week Low Amid Weaker USD, Sliding Oil Prices Lend Support

The USD/CAD pair drifts lower for the fourth straight day and trades around the 1.3735-1.3740 area during the early European session on Thursday. Bearish traders now await some follow-through selling below the 1.3720 area, or over a two-week low set on Wednesday, before positioning for an extension of this week’s sharp retracement slide from the vicinity […]
Aurora Cannabis Reports Impressive Q1 Financials; Stock Jumps +6%

Aurora Cannabis Reports Impressive Q1 Financials; Stock Jumps +6%

Image Source: Unsplash  On Wednesday, Aurora Cannabis (ACB) announced its financial and operational results for the first quarter (Q1) 2025, as follows:  Q1 Financial HighlightsThe information below compares Q1 2025 ended June 30th, 2024 with Q4 2024; all figures are in Canadian dollars. Go here to convert into another currency. Net Revenue: UP 31.2% to $83.4M Adj. […]
EUR/USD Holds Above 1.0900 While Investors Look For More Cues On Fed-ECB Policy

EUR/USD Holds Above 1.0900 While Investors Look For More Cues On Fed-ECB Policy

EUR/USD edges higher to near 1.0940 in Thursday’s European session. The major currency pair rises as the US Dollar corrects from a three-day high. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, drops to near 103.00.The shared currency pair broadly consolidates in a tight range above the round-level support of 1.0900, with […]
5 Charts Gold Investors Must Follow

5 Charts Gold Investors Must Follow

Image Source: Pixabay  With the rising risk of a recession and bear market and ensuing volatility impacting all asset classes, here are the five charts Gold investors should follow.Video Length: 00:09:53More By This Author:Gold’s True Fundamentals Are Strengthening Gold Will Go Turbo Nirvana In The Autumn Macro Fundamentals Take Big Step In Gold’s Favor
GBP/USD Forex Signal: Bearish Flag Pattern Points To More Sell-Off

GBP/USD Forex Signal: Bearish Flag Pattern Points To More Sell-Off

Bearish view Sell the GBP/USD pair and set a take-profit at 1.2600. Add a stop-loss at 1.2750. Timeline: 1-2 days.  Bullish view Buy the GBP/USD pair and set a take-profit at 1.2750. Add a stop-loss at 1.2600.  The GBP/USD exchange rate remained in a tight range as the impact of last week’s Federal Reserve and Bank of […]
Solana Is Still Bullish, Eyeing All-Time Highs

Solana Is Still Bullish, Eyeing All-Time Highs

Solana with ticker SOLUSD is one of the strongest cryptocurrencies in the last year, ideally unfolding a five-wave bullish cycle. Despite recent slow down in the Crypto market, it can be just finishing a nice flat correction in wave 4 at the channel resistance lines and with the same length as wave 2. So, still […]
GBP/JPY Forecast: British Pound Rallies Against Japanese Yen On Wednesday

GBP/JPY Forecast: British Pound Rallies Against Japanese Yen On Wednesday

The first thing that I would notice is that the market has broken above an inverted hammer from the previous session, which is quite often a very bullish sign. In general, this is a market that tends to be very volatile under the best of circumstances, and with the recent nonsense coming out of Japan, […]