Gold is under pressure due to high oil prices and expectations of a Fed rate rise. The slowdown in the global economy may provide support in the long term. Gold is on track to close lower for the fourth day in a row, despite a weakening US dollar and falling Treasury yields. At first glance,…
Canada’s retail sales increased 1.2% mom to CAD 74.6 billion in August, with gains recorded across all nine retail subsectors. Motor vehicle and parts dealers made the largest contribution to the increase, but the recovery extended well beyond automobiles. Core retail sales, excluding motor vehicles and gasoline, rebounded from -0.7% to +1.1%, supported by stronger…
What if you could use the cryptocurrency already sitting in your wallet to trade gold or major currency pairs? Traditionally, getting exposure to markets such as XAUUSD or EURUSD meant opening an account with a forex broker, depositing fiat currency, and managing your crypto holdings separately. That separation is becoming less necessary. Several trading platforms…
A demo account might give you $100,000 in virtual funds, but that number means little if the prices on your screen are 15 minutes behind the market. For anyone testing a short-term trading strategy, timely quotes can make a real difference. Fortunately, several crypto and CFD trading platforms now offer free demo accounts connected to…
Market Overview The crypto market has pulled back by 0.7% over the past 24 hours to $2.74T, returning to the lower boundary of the trading range seen in recent days. Although the market has yet to live up to the ‘Uptober’ moniker, buyers are persistently buying into dips, defending the area around August’s highs. So…
Indian rupee rising. Image used for representational purpose only. | Photo Credit: Pallavi Keswani The rupee traded in a narrow range and edged up three paise to 94.78 against the U.S. dollar in early trade on Friday (October 23, 2026) amid elevated crude oil prices and foreign fund outflows. Forex traders said rupee is under…
Spot gold (XAU/USD) is trading near $4,021 in Friday’s Asian session, October 23, down about 0.1% after Thursday’s 2.45% drop broke the October range. Oil’s jump to a five-month high and strong US jobless claims kept a December Fed hike in play, leaving gold down 3.5% this week and on track for its worst week…
Key Highlights USD/JPY failed to settle above 159.00 and dipped. It traded below a key bullish trend line with support at 158.00 on the 4-hour chart. GBP/USD could start a pullback from the 1.3420 resistance. Gold prices reacted to the downside and might even test $3,880. USD/JPY Technical Analysis The US Dollar failed to remain…
Market Overview The crypto market capitalisation has fallen by 2% over the past 24 hours to $2.74T. Selling pressure intensified after the market reached a 10-day high, pushing it back into its previous trading range. The pressure from sellers is raising questions about the nearest support levels. A fall below $2.7T would signal a breakout…
Meta Platforms (META) has experienced notable sell-offs driven by key earnings events and broader market factors Written by: Olumide Adesina • Thursday, October 22, 2026 • 1 min read • Last updated: Thursday, October 22, 2026 Add an article to your Reading List Register now to be able to add articles to your reading list….