Browsing: News
Gold prices dipped 0.3% after Fed Chair Jerome Powell signaled possible September rate cuts. Investors shift toward risk assets, capping metals’ gains.
Yen hits 3-week low at 148.9 as BoJ policy doubts persist; U.S. data fuels Fed cut bets, but dollar strength keeps USD/JPY near key resistance.
Bitcoin drops 4% to $112.9K as Fed rate-cut odds shrink; Powell’s Jackson Hole speech looms as crypto markets post weekly declines.
UBS raises S&P 500 year-end target to 6,600, its second upgrade in two months, citing strong earnings, AI growth, and easing trade tensions.
Oil rises 2.8% this week as Ukraine tensions disrupt Druzhba pipeline and U.S. crude stockpiles fall by 6 million barrels, boosting demand outlook.
Gold dips 0.4% as investors cut Fed rate-cut bets ahead of Powell’s Jackson Hole speech; dollar strength adds pressure.
GBP/USD slips to 1.3450 as dollar strength builds on reduced Fed cut odds. UK CPI rose 3.8% in July, delaying BoE cuts. Markets await PMI and Powell’s speech.
Tidal Trust II files with the SEC for a 200% leveraged XRP ETF, as regulatory shifts and growing demand fuel Wall Street’s push into altcoins like XRP and Solana.
US stock futures slipped as tech weakness deepened and Fed minutes cut rate-cut odds to 80.6%. Apple fell 2%, while Walmart earnings now take center stage.
Oil prices rose as U.S. demand surged, with crude stocks falling 6M barrels. Brent hit $67.25 and WTI $63.16, while sanctions and tariffs add pressure.
Polpular
Quick Links
The content provided on AAFX.IO is for informational and educational purposes only. It includes market news, analysis, and personal opinions, all of which are meant to help users stay informed about financial markets, including Forex, Crypto, and commodities. The information provided does not constitute financial advice, investment recommendations, or an offer to trade or invest in any financial product.
While I strive to provide accurate and timely information, the content may not always reflect real-time market data and may not be completely accurate. Prices, analysis, and forecasts may be delayed or incorrect. Any decisions you make based on the information provided are your own responsibility. AAFX.IO and its owner will not be liable for any loss or damage arising from any action taken based on the information presented on the site.
Furthermore, AAFX.IO may contain advertisements, sponsored content, or affiliate links, which could result in compensation. However, this does not affect the opinions or integrity of the content shared on the website. Always conduct your own research before making any financial decisions and consult with a qualified financial advisor if needed.
Trading in financial markets, including Forex, Cryptocurrencies, and Contracts for Difference (CFDs), carries a high level of risk and may not be suitable for all investors. The information on AAFX.IO covers general market news and analysis and should not be seen as an endorsement of any specific trading strategies or financial instruments.
Both Forex and Cryptocurrencies are highly volatile, and there is a significant risk of loss. You should carefully assess your financial situation and consult an independent financial advisor to ensure that you fully understand the risks involved before participating in trading or investing. AAFX.IO encourages you to perform thorough research and not invest or trade in instruments you do not fully understand.

