German 10 year paper sitting on the 1.5% yield level


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AUD/USD remains under pressure from RBA rate decision

AUD/USD remains under pressure from RBA rate decision

AUD/USD spiked lower by more than 20 pips following the RBA rate announcement to test the key psychological support at 0.6600.  Losing this key level could see the currency pair trek lower towards the 100-hour EMA support near 0.6580. 

AUD/USD News

USD/JPY extends recovery above 154.00, focus on Fedspeak

USD/JPY extends recovery above 154.00, focus on Fedspeak

The USD/JPY pair trades on a stronger note around 154.10 on Tuesday during the Asian trading hours. The recovery of the pair is supported by the modest rebound of US Dollar to 105.10 after bouncing off three-week lows. 

USD/JPY News

Gold price extends its upside as markets react to downbeat jobs data

Gold price extends its upside as markets react to downbeat jobs data

Gold price extends its recovery on Tuesday. The uptick of the yellow metal is bolstered by the weaker US dollar after recent US Nonfarm Payrolls (NFP) data boosted bets that the Federal Reserve would cut interest rates later this year.

Gold News

Bitcoin miner Marathon Digital stock gains ground after listing by S&P Global

Bitcoin miner Marathon Digital stock gains ground after listing by S&P Global

Following Bitcoin miner Marathon Digital's inclusion as an upcoming member of the S&P SmallCap 600, the company's stock received an 18% boost, accompanied by an $800 million rise in market cap.

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The impact of economic indicators and global dynamics on the US Dollar

The impact of economic indicators and global dynamics on the US Dollar

Recent labor market data suggest a cooling economy. The disappointing job creation and rising unemployment hint at a slackening demand for labor, which, coupled with subdued wage growth, could signal a slower economic trajectory. 

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