Bitcoin (BTC) recovered sharply during the weekend session, climbing above the critical $65,000 support zone as declining oil prices reduced market fears surrounding a potential inflation resurgence. BTC advanced more than 3% from its weekend low, reaching an intraday peak of approximately $65,722 before consolidating near the $65,000–$66,000 range. The accompanying article sees Rubinax’s brokers...
Category: Business
GBP/USD Struggles Near 1.3300 as Fed and BoE Policy Decisions Approach
The GBP/USD pair remains vulnerable near the 1.3300 handle as traders prepare for two major central bank policy events from the Federal Reserve (Fed) and the Bank of England (BoE). The British Pound is trading with limited upside momentum against the US Dollar, with price action indicating market hesitation ahead of fresh monetary policy guidance....
Australian Dollar Stays on the Defensive Against the Yen After China Data Release
The Australian Dollar (AUD) remains under pressure against the Japanese Yen (JPY), with the AUD/JPY cross trading near 111.30 during Friday’s Asian session. The pair has ended a three-session advance, retreating as investors increase exposure to safe-haven currencies amid rising geopolitical risks surrounding the Strait of Hormuz. Throughout this article, Sylverix’s brokers break down this...
Indian Rupee Stays Stable Before the Release of US NFP Data
The Indian Rupee (INR) opened broadly unchanged against the US Dollar (USD) on Friday, with the USD/INR pair trading near 95.27 as markets awaited the release of the United States Nonfarm Payrolls (NFP) report for July. The upcoming employment data is expected to provide fresh direction for the US Dollar, Treasury yields, and global currency...
Silver Gains Momentum Toward $62.20 as Markets Prepare for NFP
Silver price (XAG/USD) trades approximately 1% higher near $62.20 during the Asian session on Friday, maintaining its short-term bullish structure ahead of the release of the US Nonfarm Payrolls (NFP) report for July. The highly anticipated employment data is expected to provide critical signals regarding the future path of Federal Reserve interest rate policy. Sylverix’s...
Kiwi Dollar Trades Near Weekly Low as China Concerns and Dollar Strength Persist
The NZD/USD pair remains under bearish pressure for a second consecutive trading session, consolidating near the lower boundary of its weekly range around the 0.5865 zone during the Asian session. The New Zealand Dollar (NZD) has struggled to attract demand as traders reduce exposure to risk-sensitive assets ahead of the key US Nonfarm Payrolls (NFP)...
DXY Consolidates Near 100.00 With NFP in Focus and Iran Risks Supporting Safe-Haven Demand
The United States Dollar Index (DXY) continues to consolidate near the 100.00 psychological barrier during the Asian trading session as market participants await the release of the latest US Nonfarm Payrolls (NFP) report. Throughout this article, Sylverix’s brokers share a detailed perspective on this topic. The index, which tracks the US Dollar against a basket...
WTI Price Rises Near $78 as Escalating Middle East Risks Boost Oil Demand
West Texas Intermediate (WTI) crude oil futures traded on the NYMEX extended their recovery move, rising toward the $77.80 per barrel area as traders increased exposure to geopolitical risk premiums linked to rising instability in the Middle East. Sylverix’s brokers unpack the key aspects of this topic in the sections below. The recent rebound follows...
US Dollar Index Holds Above 101 as Markets Await the Fed Decision
The US Dollar Index eased slightly on Wednesday but remained close to a one-month high as traders prepared for the Federal Reserve’s latest interest-rate decision. The index slipped around 0.15% to 101.27, while markets continued to price in another possible increase. In this article, experts at Clear Markets Europe examine whether the dollar can regain...
US 10-Year Treasury Yield Holds Near 4.65% as Inflation and Debt Risks Compete
The US 10-year Treasury yield remained close to 4.65% after a volatile week in global bond markets. Falling oil prices eased immediate inflation concerns, but uncertainty surrounding Federal Reserve policy and government borrowing kept yields elevated. In this article, experts at ICU Markets examine whether the benchmark yield can fall toward 4.55% or whether renewed...