Gold prices increased slightly on Monday.
Investors are expecting the Federal Reserve might cut interest rates this week.
The main focus is on what the Fed will say about possible rate cuts in 2024
USD/CAD RETESTS 100/200 HOUR MAS BUT STALLS Support holds above the 50% retracement at 1.4345. Resistance is between the 100-hour and 200-hour MAs (1.4387–1.4403). A breakout above these MAs would shift the bias higher, staying below keeps sellers in control. The downside target is
EUR/USD BOUNCES AT 100-HOUR MA AND SWING AREA RESISTANCE EUR/USD fell below the 100-hour MA, reaching 1.08174. Support at the 61.8% retracement and March swing levels led to a rebound. The price is now testing the 100-hour MA and resistance.
STOCKS SLIP AS TRADERS DIGEST TRUMP TARIFF THREAT, INFLATION DATA Stocks declined Thursday amid Trump's tariff threat and new inflation data. Tech stocks lifted the S&P 500 by 0.5% on Wednesday. Nasdaq rose 1.2%, led by Nvidia and Palantir gains. Dow Jones fell 0.
The US Senate Banking Committee approved a new law for stablecoins. The law is called the Guiding and Establishing National Innovation for US Stablecoins Act. It focuses on setting clear rules for stablecoin payments. The goal is to make stablecoins safer and more reliable in the US. This is an