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EUR/GBP Finds Temporary Support Near 0.8350 After ECB Accounts Release

EUR/GBP Finds Temporary Support Near 0.8350 After ECB Accounts Release

The EUR/GBP pair discovers temporary support near 0.8350 in Thursday’s early North American session. The cross finds buying interest after the release of the European Central Bank (ECB) Monetary Policy Meeting Accounts for the September meeting. The minutes showed that policymakers expect inflation in Eurozone to rise again in the latter part of the year.ECB […]
ECB Accounts: Inflation Expected To Rise Again In Latter Part Of This Year

ECB Accounts: Inflation Expected To Rise Again In Latter Part Of This Year

The accounts of the European Central Bank’s (ECB) September policy meeting showed on Thursday that inflation in the Eurozone is expected to rise again in the latter part of this year, per Reuters. Key takeaways“Inflation then expected to decline towards the target over the second half of next year.””Recent negative surprises in PMI manufacturing output indicated potential headwinds […]
Fetch.ai opens new lab in London, focusing on AI, machine learning, and autonomous systems

Fetch.ai opens new lab in London, focusing on AI, machine learning, and autonomous systems

Key Takeaways Fetch.ai partners with Imperial College London to launch a new innovation lab in London. The Fetch.ai Innovation Lab aims to foster collaboration between academia, industry, and students to drive AI-driven solutions. Share this article Fetch.ai has established an innovation lab at the White City Campus of Imperial College London in collaboration with I-X, […]
Bitcoin’s Path To $80,000 “Melt-Up” In Q4 2024 – Details Inside

Bitcoin’s Path To $80,000 “Melt-Up” In Q4 2024 – Details Inside

In a recent memo shared with clients, Bitwise CIO Matt Hougan emphasized several factors that could cause Bitcoin (BTC) to “melt-up” to $80,000 in the last quarter of 2024. Factors To Propel Bitcoin To $80,000Hougan highlighted three essential conditions that could push BTC to new all-time highs (ATH) in 2024. First, he pointed to November’s upcoming U.S. presidential […]
AUD/USD Stabilises Near Monthly Low Amid Mixed Signals

AUD/USD Stabilises Near Monthly Low Amid Mixed Signals

The AUD/USD pair has halted its nearly continuous seven-day decline, stabilising around 0.6730 on Thursday. This level marks the monthly low for the Australian dollar, which has faced significant pressures lately due to a strengthening US dollar and uncertainties in China, Australia’s largest trading partner. Market influences and economic indicatorsThe recent US jobs report and the […]
XAGUSD Commodity Elliott Wave Technical Analysis – Thursday, October 10

XAGUSD Commodity Elliott Wave Technical Analysis – Thursday, October 10

Silver Elliott Wave AnalysisShortly after reaching a new high for the year, Silver is pulling back. The bearish correction was majorly supported by a bullish dollar. However, this pullback is expected to finish above the 07-August low while buyers push further upside. On the daily chart, we labeled as wave ((A)) the bullish impulse wave sequence that started in […]
ECB Minutes Show What Difference A Few Weeks Can Make

ECB Minutes Show What Difference A Few Weeks Can Make

The minutes of the European Central Bank’s September meeting show a central bank that is increasingly concerned about disappointing growth and still very reluctant to give the all-clear on inflation.Getting the minutes of the last ECB meeting only a week ahead of the next one is very unusual. The late release is the result of […]
Gold Holds Bullish Momentum Amid Short-Term Corrections 
                    
Bottom Line

Gold Holds Bullish Momentum Amid Short-Term Corrections Bottom Line

The gold market is navigating a complex environment shaped by monetary policy uncertainty and escalating geopolitical tensions. This article presents the fundamental and technical developments in the gold market to project its next move. It reveals that gold is currently trading at a critical support level and is poised for its next direction. Fed’s Rate Cut […]
Crypto markets dip as inflation data looms, Bitcoin holds firm above $60,500

Crypto markets dip as inflation data looms, Bitcoin holds firm above $60,500

Key Takeaways Bitcoin and Ether prices fall as the US dollar strengthens ahead of inflation data. The Fed may shift its focus toward supporting the labor market instead of prioritizing inflation control. Share this article The total crypto market cap fell over 3% to $2.2 trillion in the last 24 hours as investors await the […]
US Equities Not Worrying About Dollar Demand

US Equities Not Worrying About Dollar Demand

US economic data has been stronger of late and the Fed Minutes just revealed some Fed members had a preference to cut rates at a more gradual pace. So on balance, there should be no surprise to see another wave of Dollar demand.Video Length: 00:01:45More By This Author:Dollar Recovers After Impressive US Jobs Report Market […]