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XAUUSD: Markets Slow Down Ahead of NFP - Vimarsana News

XAUUSD: Markets Slow Down Ahead of NFP

Gold prices rose on Monday as the US Dollar weakened amidst speculation about potential Federal Reserve rate cuts starting in June. This weakened Dollar was partly due to improved risk sentiment pushing US Treasury yields lower. Despite facing challenges from declining yields, gold prices recovered to nearly $2,170 per troy ounce, driven by the Dollar's weakness. Federal Reserve Chair Jerome Powell's remarks suggested that unexpected rises in unemployment could prompt interest rate cuts, reassuring markets concerned about inflation. Traders are closely monitoring upcoming US inflatio...

Cardano struggles to recover after whales take $380 million in profits off table - Vimarsana News

Cardano struggles to recover after whales take $380 million in profits off table

Cardano price is currently trading in a tight range between the March 14 peak of $0.8104 and March 20 low of $0.5689.

XRP price sustains above $0.63 after Ripple encounters error with AMM liquidity pools - Vimarsana News

XRP price sustains above $0.63 after Ripple encounters error with AMM liquidity pools

Ripple identified a technical issue in a few of its Automated Market Maker (AMM) Liquidity Pools (LP) over the weekend, resulting in the failure of many transactions.

USD/CAD refuses to let go of 1.3500 as markets twist on quiet Friday - Vimarsana News

USD/CAD refuses to let go of 1.3500 as markets twist on quiet Friday

USD/CAD looked in both directions on Friday as markets see thin action heading into the week’s closing bell.

USD/CAD churns on Thursday after US CPIs and Canadian Retail Sales spread on forecasts - Vimarsana News

USD/CAD churns on Thursday after US CPIs and Canadian Retail Sales spread on forecasts

USD/CAD drifted into the low end early Thursday as markets geared up for the day’s US Purchasing Managers Index (PMI) print.