The Federal Reserve did not send a clear hawkish signal overnight, and gold bulls remained optimistic. But the room for continued upside may be limited, as the bulls' willingness to bet above this level is weaker...
Fed chairperson Jerome Powell said the economy was not signaling that the central bank needed to rush to lower interest rates. Policy will gradually adjust to neutral levels, but the path of policy is not predetermined. Inflation is expected to continue falling towards the 2 per cent target, although this process may experience a "fluctuating" path.
10X Research released a report saying that its trading signal increased the long position to a net long position of 70% for the first time. Based on historical pattern analysis, this shift suggests that Bitcoin and Ethereum may offer attractive buying opportunities in the 2-3 month timeframe.
The US economic data in June sent a weakening signal, the recession narrative was once again hyped, and the Federal Reserve's interest rate cut in September is in sight? Will non-farmers increase the divergence between the market and the Federal Reserve? (including US stock scenario forecast) > >
The US economic data in June sent a weakening signal, the recession narrative was once again hyped, and the Federal Reserve's interest rate cut in September is in sight? Will non-farmers increase the divergence between the market and the Federal Reserve? (including US stock scenario forecast) > >
The US economy is flashing recession signals! Will non-farmers help the dollar fall across the board? Gold is moving towards its June high, and the bulls may step in here! Bitcoin's decline is just beginning?
Powell is about to take the stage, or provide new monetary policy signals; the non-farm storm is coming, and gold is waiting for two catalysts; is Europe being pushed to the brink of a debt crisis?
Powell is about to take the stage, or provide new monetary policy signals; the non-farm storm is coming, and gold is waiting for two catalysts; the British and French elections are entering the final countdown, and Europe is being pushed to the brink of a debt crisis?
Powell is about to take the stage, or provide new monetary policy signals; the non-farm storm is coming, and gold is waiting for two catalysts; the British and French elections are entering the final countdown, and Europe is being pushed to the brink of a debt crisis?