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Crypto

Cardano Price Forecast: Approaches critical support as correction risks grow
Cardano nears the key support zone around $0.198 on Friday, after declining more than 6% so far this week. Weakening…
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Forex

Euro retreats from weekly highs against British Pound as UK data beats expectations
EUR/GBP eases below 0.8590 from session highs just below the 0.8600 line. Strong UK GDP and Industrial Production data have…
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Banks

Brent: Supply risks and Saudi cuts support prices – ING
ING analysts Warren Patterson and Ewa Manthey note that Brent and WTI have rallied sharply as Middle East tensions escalate…
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Banks

Euro: Downside risks while 1.1585 holds against US Dollar – UOB
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann highlight growing downside momentum in EUR/USD after a sharp drop…
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Markets

GBPUSD rises after UK GDP and industrial production data
UK GDP grew by 0.4% m/m, compared with expectations of 0.0% and 0.3% previously. On a 3M/3M basis, GDP increased…
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Markets

Wall Street tries to recover losses ahead of U.S. CPI. Oracle and Adobe reported earnings — shares react
Ahead of the most important release of the week, namely the U.S. CPI report for August, due at 1:30 PM…
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Economics

BoJ set to raise interest rates by 25 bps next week – Reuters
According to a Reuters report, sources say that the Bank of Japan (BoJ) is set to raise interest rates, most likely…
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Forex

Australian Dollar softens to near 0.7150, US CPI inflation data looms
AUD/USD loses ground to near 0.7155 in Friday’s Asian session. Traders raise their bets on a US September rate hike…
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Metals

Silver Price – XAG/USD slips below $63.50 amid rising Fed rate hike odds
Silver declines as markets price in a 72% probability of a 25-basis-point Federal Reserve rate hike next week. August US…
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Markets

United States Dollar Index holds onto gains above 99 ahead of US CPI data
The US Dollar trades firmly above 99.00 ahead of the US CPI data for August. The US headline CPI is…
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