Pound Sterling Price News and Forecast: GBP/USD loses grip on 1.34 as Fed hawks stay in charge
Pound Sterling Price News and Forecast: GBP/USD loses grip on 1.34 as Fed hawks stay in charge
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Pound Sterling Price News and Forecast: GBP/USD loses grip on 1.34 as Fed hawks stay in charge
Falling Treasury yields did not put pressure on the American currency today.
US retail diesel set a record of $6.31 on September 16 and matched it on Friday, up 68 percent from a year ago and from about $3.76 before the war. Crude is up about 52 percent over the same period.
XRP's bull flag breakout and rising trading volumes put $1.80 and a potential mid-term target of $2.10 in focus.
The company is on track to reach its goal of owning 5% of ETH's supply.
The CVDD Signal and the deeply oversold long-term RSI suggested the DOGE market bottom was in.
Technical analyst Peter Brandt has published a weekly Solana (SOL/USD) chart, pointing to the final stage of compression in a rare macrostructure known as the "Cup and Handle" pattern.
Market analyst CryptoGoos is urging traders to consider buying Bitcoin about 500 days before its next halving, currently anticipated in April 2028.
Crypto-linked equities rallied Monday as bitcoin broke above $86,000 for the first time in eight months. MicroStrategy Incorporated (NASDAQ:MSTR) led gainers, rising as much as 8% after bitcoin's first weekly close above its 50-week moving average in 45 weeks triggered a $300 million short squeeze.
Traders betting against Bitcoin are getting wrecked to start the week, with nearly $1 billion in leveraged bets wiped out as BTC's price punches through $86,000. In the last 24 hours, $930.04 million in leveraged crypto bets have been liquidated, says CoinGlass. Most of that is shorts. Bitcoin shorts alone come to $454.95 million.
President Trump is signaling a potential agreement to purchase lower-priced potash from Belarus, a move that could challenge Canadian exporters.
Earnings growth in the S&P 500 is currently heavily concentrated in the technology and energy sectors, driven by AI and Middle East conflict-induced commodity price spikes. Much of the recent profit surge appears transitional or overstated, especially in tech and energy, with underlying economic engines sputtering and GDP growth averaging just 1.2%.
In this webinar we take an in-depth look at the technical trade levels for the US Dollar (DXY), Euro (EUR/USD), British Pound (GBP/USD), Australian Dollar (AUD/USD), Canadian Dollar (USD/CAD), Japanese Yen (USD/JPY), Swiss Franc (USD/CHF), Gold (XAU/USD), Crude Oil (WTI), Bitcoin (BTC/USD), S&P 500 (SPX500), Nasdaq (NDX), and Dow Jones (DJI). These are the levels that matter on the technical charts into the weekly open.
Bitcoin holders showed signs of capitulation before the latest rally, with smaller wallets disappearing during the July-August shakeout. The data shows 62,335 wallets holding 0.1-1 BTC and another 7,159 wallets holding 1-10 BTC disappeared before $BTC reclaimed $80K. Bitcoin Holders Lost Conviction Before Breakout That selling matters because capitulation can leave supply in stronger hands.
Bitcoin crossed the $86,000 mark for the first time since late January as falling oil prices and concerns over supply lifted US stocks.