US treasury auctions off $58 billion of 3-year notes at a high yield of 3.810%

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…

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US Dollar sees earlier recovery reversing with US session seeing selling pressure on equities again

The US Dollar is recovering from Monday’s meltdown and advances against the Japanese Yen.  Overnight, the RBA confirmed the Fed’s stance that a few data points are not enough to change the narrative.   The US Dollar index flirts with a break above 103.00 and could turn this week’s performance into positive territory.  The US Dollar (USD) recovers mildly on…

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Zcash Price Forecast & Predictions for 2024, 2025–2026 and Beyond

2024.08.06 2024.08.06 Zcash Price Forecast & Predictions for 2024, 2025-2026 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ The popularity of cryptocurrencies is on the rise despite regulatory restrictions. Apart from well-known digital assets such as Bitcoin, Ethereum, and Litecoin, there are others attracting investors’ attention. One of them is ZEC, which has great potential to be profitable in the long run. Zcash…

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Broader indices trading to new highs. What next technically?

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…

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Gold declines as US yields rise despite Fed’s bulk rate cuts hopes

Gold price hovers below $2,400 but the near-term bias remains bullish on multiple tailwinds. The Fed is expected to cut interest rates by more than 100 bps this year. Investors worry that the US could face a recession. Gold price (XAU/USD) struggles to hold key ground at $2,400 as the US Dollar (USD) and bond yields rise in Tuesday’s North American session. The precious metal…

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