KostiaForexMart / Blog
Yesterday's bullish impulse in the single currency proved to be weak. The price tried to move further away from the MACD line after breaking above it, but by the end of the day, the upper shadow was larger than the candle body...
Gold continues to rise in price, setting a new record amid the weakening of the US dollar and the risks of a shutdown. On Monday, December futures quotes on the Comex exchange rose by 1% to $3,858per ounce, exceeding the $3,800 mark for the first time...
Asian markets kick off week with gains On Monday, most Asian equity markets ended the session in positive territory. The dollar weakened as investor focus shifted to the US, where the risk of a temporary government shutdown persists...
The People's Bank of China has launched a digital yuan operations center in Shanghai, which will combine platforms for cross-border payments, blockchain technologies and digital assets...
Yesterday, the U.S. dollar strengthened against a number of risk assets after Treasury Secretary Scott Bessent voiced his disappointment that Federal Reserve Chair Jerome Powell did not outline a clear plan for cutting interest rates...
On Thursday, the Swiss National Bank (SNB) confirmed that the base deposit rate would remain unchanged at 0% after completing its quarterly monetary policy review for Q3 2025. This decision was fully in line with market expectations...
On Tuesday afternoon, oil prices moved back up, reacting to geopolitical tensions and news about supplies. November Brent futures on ICE Futures added 1,1% to $67.77 per barrel. WTI contracts on the NYMEX rose 1.2% to $63.4 per barrel...
On Monday, the crypto market faced a large-scale liquidation of long positions in excess of $1.5 billion, which caused a collapse in quotations of leading digital assets. Ether fell in price by almost 9%, to $4,075, while liquidations on it reached $500 million, Coinglass data show...
This week promises to be busy for the markets: investors are waiting for fresh reports from American technology companies, comments from Fed representatives after the rate cut, new inflation data and quarterly Costco reports. An additional factor of attention was the record gold prices. 1...
The Hong Kong dollar is strengthening at a record pace in more than 20 years due to strong inflows into local stocks and favorable money market conditions. Over the past 30 days, the currency has grown by 1% against the US dollar, the fastest growth since 2003...