Turkey Budget Balance dipped from previous -100.5B to -186.27B in October

Date:

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Editors’ Picks

GBP/USD holds above 1.2650 after UK data

GBP/USD holds above 1.2650 after UK data

GBP/USD holds its recovery momentum above 1.2650 in European trading on Friday. The mixed UK GDP and industrial data fail to deter Pound Sterling buyers as the US Dollar rally takes a breather ahead of Retail Sales and Fedspeak. 

GBP/USD News

Gold treads water above $2,545 support, US data eyed

Gold treads water above $2,545 support, US data eyed

Gold price is treading water above the $2,545 demand area on Friday, consolidating Thursday’s late rebound. Fed Chair Powell’s hawkish shift fuels rate cut uncertainty, capping the metal’s upside. Meanwhile, traders cash in on the US Dollar long positions ahead of key data releases. 

Gold News

Bitcoin to 100k or pullback to 78k?

Bitcoin to 100k or pullback to 78k?

Bitcoin and Ethereum showed a modest recovery on Friday following Thursday’s downturn, yet momentum indicators suggest continuing the decline as signs of bull exhaustion emerge. Ripple is approaching a key resistance level, with a potential rejection likely leading to a decline ahead.

Read more

Trump vs CPI

Trump vs CPI

US CPI for October was exactly in line with expectations. The headline rate of CPI rose to 2.6% YoY from 2.4% YoY in September. The core rate remained steady at 3.3%. The detail of the report shows that the shelter index rose by 0.4% on the month, which accounted for 50% of the increase in all items on a monthly basis. 

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Best Forex Brokers with Low Spreads

Best Forex Brokers with Low Spreads

VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.

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