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Market Analysis

American Bitcoin Mines Record 932 BTC in Q2, Reserve Tops 8,000

Net loss came to $57.2 million, narrowed from $81.8 million in the first quarter. A $71.2 million non-cash loss on digital assets ran through operating expenses, and the operating loss was $74.1 million while Bitcoin fe…

2 min read

New Zealand Dollar holds as traders brace for New Zealand jobs data

NZD/USD trades with a flat tone near the 0.5870 zone on Monday, holding onto the bulk of last week's advance but struggling to extend it as the US Dollar (USD) regains composure. The pair rallied sharply from the sub-0.…

3 min read

Dollar Recovers on Strong ISM Manufacturing Index

The dollar index (DXY00) fell to a 7-week low on Monday and finished down by -0.02%. The dollar moved lower on Monday as easing geopolitical tensions in the Middle East boosted stocks and reduced safe-haven demand for t…

5 min read

Forex Today: Oil collapses on Iran talks, Yen holds gains

Oil prices fell sharply on Monday amid growing expectations that talks between the US and Iran will resume soon. US President Donald Trump stated that conversations are underway after Tehran said it had no plans for dir…

3 min read

Oil’s 6% Drop Exposes the Fragility of Peace-Driven Trading

West Texas Intermediate snapped 6.21% lower to $79.41 a barrel Monday morning, printed a session low of $78.93 for a near-7% loss, and settled the September contract at $79.46, down $5.21 on the day. Brent shed 5.11% to…

13 min read

Gold Faces a Real-Yield Wall as September Hike Odds Rise

December gold futures opened at $4,135.20 per troy ounce Monday, up 0.7% from Friday’s settlement, then rolled over inside two hours. By 7:58 a.m. ET the contract had slipped to $4,111.50. Spot metal traded $4,045.55 at…

11 min read

Gold slips as USD rebounds, strong ISM data clouds Fed path

Gold (XAU/USD) price retreats on Monday as the US Dollar (USD) recovers some ground, even though hostilities in the Middle East paused at the request of Iran and other Middle Eastern countries, according to US President…

5 min read

Stocks Rally on Easing Geopolitical Risks and US Economic Strength

The S&P 500 Index ($SPX) (SPY) today is up +1.18%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +1.081%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +1.40%. September E-mini S&P futures (ESU26) are up +1.11%, a…

7 min read