In this video, we discuss our technical argument for a medium term sell for Crude Oil on the daily timeframe before we ultimately position ourselves for a long-term buy.

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GBP/USD stays on the back foot and trades in negative territory below 1.2500 after losing nearly 0.5% on Tuesday. The renewed US Dollar strength on hawkish Fed comments weighs on the pair as market focus shifts to the BoE's policy announcements on Thursday.

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Gold fluctuates in narrow range above $2,300

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Gold struggles to make a decisive move in either direction and moves sideways in a narrow channel above $2,300. The benchmark 10-year US Treasury bond yield clings to modest gains near 4.5% and limits XAU/USD's upside.

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SEC vs. Ripple lawsuit sees redacted filing go public, XRP dips to $0.51

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Ripple (XRP) dipped to $0.51 low on Wednesday, erasing its gains from earlier this week. The Securities and Exchange Commission (SEC) filing is now public, in its redacted version. 

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Softer growth, cooler inflation and rate cuts remain on the horizon

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Economic growth in the US appears to be in solid shape. Although real GDP growth came in well below consensus expectations, the headline miss was mostly the result of larger-than-anticipated drags from trade and inventories.

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