Thursday, June 17, 2021
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Tesla sends bitcoin tumbling

The recent plunge could be a buying opportunity that would bring the prices back to the $60,000 area eventually Tesla Inc.’s Chief Executive Officer Elon Musk triggered a slide...

Gold losses shine but stays afloat

The US CPI report could affect gold prices through dollar dynamics Gold prices peaked at fresh three-month highs around $1,845 earlier in the week before losing some upside momentum...

Global equities hit by inflation fears

The common currency derived some support from stronger-than-expected European data Worries about rising inflation sent global equities lower on Tuesday following a massive sell-off in tech stocks on Wall Street...

Gold rallies amid weaker dollar

The bearish sentiment surrounding the greenback continues to offer support to the precious metal Gold prices are holding the higher ground on Friday, reaching three-month highs of $1822 in...

Bitcoin struggles, threatening critical support

The buying pressure should reemerge at some point and send the digital coin back above the $60,000 figure eventually Bitcoin price shed 3.5% on Tuesday to extend losses to...

What could weigh on the euro

The economic gap between the Eurozone and the United States keeps widening The euro bounced slightly on Monday, deriving support from the 1.2000 area. EURUSD plunged on Friday amid...

Dollar demand reemerges at the end of the week

EURUSD extended its downside correction from yesterday’s peaks at 1.2150 The dollar is mostly higher on Friday as risk sentiment has deteriorated somehow ahead of the weekend after the...

Gold stuck in a range, waiting for a catalyst

The key target for bulls arrives at $1,800 where the 100-DMA lies Gold prices remain stuck in a familiar trading range, struggling for direction these days. The precious metal...

Oil prices lack upside momentum amid dollar strength

US 10-year note manage climbed to the vicinity of the 1.65% level Oil prices rose on Tuesday despite COVID-19 flare-ups in India and a build in US crude stocks....

Euro gives up gains amid stronger dollar

Persisting worries about the surge in coronavirus cases add to the safe-haven dollar demand The euro came under pressure on Monday, extending losses today as the dollar bounced from...