USDSGD – 13 Sep 2024
USDSGD – 13 Sep 2024 On the weekly timeframe, USDSGD is seen in a long bearish trend, which started in June. The pair has not been able to rally back, and the consistent decline has brought it below the kumo cloud with a price position of 1.29891. Although the stochastic indicator shows that the pair […]
Bitcoin Set to End Losing Streak: CPI Data Sparks Modest Momentum
Bitcoin Set to End Losing Streak: CPI Data Sparks Modest Momentum Bitcoin prices BTCUSD surged above $58,000 per coin on Thursday, following a boost from favorable U.S. inflation data. The consumer price index (CPI), released Wednesday, revealed that inflation had slowed to 2.5% in August, slightly under the expected 2.6%. This marks the lowest inflation […]
XAU/USD Holds Firm Amidst Rate Cut Speculation and Geopolitical Risks
In the past 24 hours, Gold (XAU/USD) has demonstrated resilience, maintaining its position above critical support levels despite the influence of mixed market dynamics. As central banks adjust their monetary policies and global geopolitical risks loom, gold’s role as a safe-haven asset remains crucial. This report dives into the latest developments surrounding central bank decisions, […]