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XRP is trading near $1.42, retreating from its August high above $1.55 as traders position cautiously ahead of two major catalysts: the upcoming CLARITY Act congressional vote and the Federal Reserve’s interest rate decision, both expected soon. The token rallied 28.5% in August, its best August since 2021, but the current pullback suggests that profit-taking...

The US Dollar Index (DXY) slipped to a four-month low near 98.65 on Thursday, pressured by a surging Japanese Yen despite a hotter-than-expected PPI report that reinforced Federal Reserve rate hike expectations. Tessoron analyses the competing forces shaping the world’s reserve currency. The DXY measures the Dollar against a basket of six major currencies, with...

The US Dollar Index (DXY) slipped to a four-month low near 98.65 on Thursday, pressured by a surging Japanese Yen despite a hotter-than-expected PPI report that reinforced Federal Reserve rate hike expectations. Tessoron analyses the competing forces shaping the world’s reserve currency. The DXY measures the Dollar against a basket of six major currencies, with...

The S&P 500 fell 44.66 points (−0.58%) to close at 7,591.70 on Thursday, marking its fourth consecutive daily decline. It’s the longest losing streak since early March. The selloff was driven by surging oil prices, a hot PPI report, and a weak 30-year Treasury auction that sent the 10-year yield to 4.95%. Tessoron examines the...

Solana (SOL) fell 2.35% to $100.94 on Thursday, slipping below $101 as a broad risk-off move driven by rising Treasury yields and surging oil prices hit altcoins disproportionately. Tessoron analyses the macro and technical backdrop for the seventh-largest cryptocurrency by market capitalization. SOL’s market cap stands at $59.18 billion with a circulating supply of 586.25...

Brent crude oil futures have retreated sharply from an intraday high of $108.93 to close near $104.66, shedding $4.27 (−3.92%) in a single session as profit-taking overwhelmed the geopolitical risk premium that had driven prices higher throughout late August and early September.  Despite the pullback, Brent remains well above the August lows near $88.00 and...

Ethereum (ETH/USD) is trading near $2,454, showing limited momentum after opening the session at $2,467.  The second-largest cryptocurrency by market capitalization remains under pressure from rising Federal Reserve rate hike expectations and a risk-averse macro environment, despite resilient on-chain activity.  In this article, Tessoron examines the fundamental and technical factors influencing ETH price action. Ethereum’s...

EUR/USD is trading near 1.1625 during the early European session, maintaining its position above the 200-period Exponential Moving Average (EMA) at 1.1582 as traders await the European Central Bank’s (ECB) rate decision later today.  Readers can gain further insight into the subject from Tessoron, who provides a detailed discussion of the macroeconomic and technical dynamics...

Bitcoin (BTC/USD) is trading near $77,020 after declining 1.59% in the latest daily session, consolidating within a $76,600–$80,500 range as market participants weigh rising Federal Reserve rate hike expectations against persistent institutional demand. Tessoron brings an analysis, offering readers a detailed perspective on the events affecting BTC price action. The largest cryptocurrency by market capitalization...

Gold (XAU/USD) has recovered toward the $4,400.00 level after bouncing from a weekly low near $4,340.00, supported by broad US Dollar (USD) weakness and cautious positioning ahead of key US inflation releases. In this article, Tessoron provides a detailed analysis of the macroeconomic and technical factors shaping the precious metal’s near-term outlook. The US Dollar...