Category: Ahead

  • FTM secures top gainer spot with 8% jump, but market signals caution ahead

    Fantom, a scalable blockchain platform for DeFi, surged 8% in value on the morning of August 16, making it the best performer in the cryptocurrency market. At the time of writing, Fantom (FTM) is still up 8%, trading at $0.393 per coin, according to crypto.news data. The crypto asset’s daily…

  • Dollar edges higher ahead of retail sales; sterling gains on GDP growth By Investing.com

    The US dollar rose slightly on Thursday, but remained close to seven-month lows after benign inflation data, while sterling rose after strong growth data. At 05:45 ET (09:45 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was up 0.1% at 102.452, just above…

  • FTM: Core Proposals Spark 16% Rally Ahead Of Sonic Mainnet Launch

    Fantom’s transition to Sonic has now begun, putting the platform in the spotlight and causing FTM, the original symbol of Fantom, to jump. According to Queen GeckoFTM has gained over 17% since last week, representing the buzz the network migration has created within the community. Related reading The new Sonic…

  • Dollar on back foot ahead of CPI; sterling slips By Investing.com

    Investing.com – The U.S. dollar was steady on Wednesday, after weakening overnight ahead of the July CPI release, while the British pound weakened after benign inflation data. At 05:25 ET (09:25 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was down at 102.277,…

  • Asia FX gains as dollar dips ahead of CPI data; Kiwi battered by rate cut By Investing.com

    Most Asian currencies rose on Wednesday, while the dollar fell after a weak reading on U.S. producer inflation raised hopes that a similar easing in consumer inflation would lead to deeper interest rate cuts. The New Zealand dollar was an exception, posting sharp losses after the Reserve Bank of New…

  • Dollar edges higher ahead of PPI; sterling rises on wage data By Investing.com

    The U.S. dollar rose in narrow trading ranges on Tuesday, as traders awaited the release of the July producer price index, the first double-digit inflation bill this week, for clues on the Federal Reserve’s future monetary policy decisions. At 05:10 ET (09:10 GMT), the dollar index, which tracks the greenback…

  • UK labour market report in focus in the session ahead

    Major currencies are still trading mostly flat, with smaller ranges remaining so far today. There will be another tentative session in Europe, with market players watching key US data this week. Here’s a look at the USD pairs and their daily ranges at the moment: Looking ahead to the session…

  • Is a Bullish Move Ahead?

    Bitcoin price remained above the $57,650 support area. Bitcoin price is now rising and a move above the $60,000 resistance area could target. Bitcoin started the recovery wave above the $58,500 resistance area. The price is trading below the $60,000 level and the 100-hour simple moving average. There is a…

  • Is a Bullish Move Ahead?

    Bitcoin price remained above the $57,650 support area. Bitcoin price is now rising and a move above the $60,000 resistance area could target. Bitcoin started the recovery wave above the $58,500 resistance area. The price is trading below the $60,000 level and the 100-hour simple moving average. There is a…

  • DJT stock falls 7% after Donald Trump returns to X ahead of Elon Musk interview

    Shares of Trump Media and Technology Group (DJT) plunged Monday afternoon after former President Donald Trump returned to X, the platform formerly known as Twitter, just hours before he was due to return to office. long awaited conversation With Elon Musk. This was the first time Trump had posted on…

  • Dollar edges higher ahead of key CPI release By Investing.com

    The US dollar edged higher on Monday, in quiet trading as traders looked ahead to key inflation data later in the week for clues on the Federal Reserve’s future monetary policy decisions. At 04:30 ET (09:30 GMT), the dollar index, which tracks the greenback against a basket of six other…

  • Asian Equities Advance Ahead of Busy Data Week: Markets Wrap

    (Bloomberg) — Asian stocks rose for a second straight session as markets shifted focus to key U.S. data this week for more insight into the health of the world’s largest economy. Most Read from Bloomberg Stocks in the region rose on Monday, after rising 1.5% on Friday. Benchmarks in Australia…

  • Asia FX ticks lower, dollar steadies ahead of CPI data By Investing.com

    Most Asian currencies fell slightly on Monday as traders shifted slightly towards the dollar ahead of key U.S. inflation data this week, which is expected to provide further clues on interest rates. Regional trading volumes were limited due to a Japanese market holiday, which also saw the yen weaken slightly…

  • Rollercoaster week in US stocks leaves investors braced for bumps ahead By Reuters

    By David Randall NEW YORK (Reuters) – A week of wild market volatility has investors awaiting inflation data, corporate earnings and presidential polls for signs that may ease recent turmoil in U.S. stocks. After months of quiet trading, volatility in U.S. stocks has spiked this month as a series of…

  • Newsquawk Week Ahead: US CPI & Retail Sales; UK CPI & Jobs data; Aussie jobs and RBNZ

    12th-16th August 2024 Mon: OPEC Monthly Oil Market Report; Japanese Market Holiday (Mountain Day), German Retail Sales (May), Indian Trade Balance (Jul)Tue: IEA Oil Market Report, Australian Wage Price Index (Q2), UK Jobs (Jun/Jul), German ZEW Survey (Aug), US PPI (Jul)Wed: RBNZ Announcement and Quarterly MPS, Bank of Israel Announcement,…

  • Dollar slips ahead of jobless claims; recession fears rise By Investing.com

    Investing.com – The U.S. dollar fell on Thursday as traders began to factor in aggressive monetary easing by the Federal Reserve to combat a slowing economy. At 04:10 ET (09:10 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was down 0.2% at 102.802,…

  • Crypto Market Recovery Ahead? JPMorgan Highlights Buy-The-Dip Moment

    Banking giant JPMorgan Chase said that in the face of the ongoing cryptocurrency market liquidation across asset classes, Buy the Dip Opportunity This coin is expected to emerge soon. From its daily low of around $50,000, Bitcoin (BTC) has seen a dramatic 8%+ comeback to surpass $54,000 and cause short…

  • Crypto Market Recovery Ahead? JPMorgan Highlights Buy-The-Dip Moment

    Banking giant JPMorgan Chase said that in the face of the ongoing cryptocurrency market liquidation across asset classes, Buy the Dip Opportunity This coin is expected to emerge soon. From its daily low of around $50,000, Bitcoin (BTC) has seen a dramatic 8%+ comeback to surpass $54,000 and cause short…

  • ‘Unregulated’ Crypto Betting Booms Ahead Of 2024 US Election On Polymarket

    As the 2024 US presidential race heats up, a new frontier for political betting has emerged in the crypto world. Platforms like Polymarket, Kalshi, and PredictIt are seeing a surge in betting on the election outcome, even as US regulators crack down on the activity. At the heart of this…

  • ‘Unregulated’ Crypto Betting Booms Ahead Of 2024 US Election On Polymarket

    As the 2024 US presidential race heats up, a new frontier for political betting has emerged in the crypto world. Platforms like Polymarket, Kalshi, and PredictIt are seeing a surge in betting on the election outcome, even as US regulators crack down on the activity. At the heart of this…