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Bitcoin rises above $63,000 amid positive US employment news.
Bitcoin surge

US Employment Data Fuels Market Confidence, Bitcoin Surges Above $63,000

The U.S. September jobs report reveals a surprising addition of 254,000 jobs, lowering the unemployment rate to 4.1%, boosting market sentiment, and leading Bitcoin to rise above $63,000. A focus o...

CPI DataIllustration of macroeconomic trends, Fed meeting minutes, and CPI data releases.

Macroeconomic Preview: Fed Minutes, CPI Data & Key Speeches

Next week features significant macroeconomic updates, including the Fed's meeting minutes, CPI data, and key speeches. Investors will closely monitor these events as they may influence interest rat...

Currency MarketsDollar Spot Index Growth and Yen Decline Analysis

Dollar Spot Index Surges 1.6%, Largest Weekly Gain Indicated Since September 2022

The dollar spot index rose by 1.6%, marking its biggest weekly gain since September 2022. The Japanese yen plummeted 4.4%, raising concerns about its vulnerability. Resilient labor market signals m...

Federal ReserveFederal Reserve interest rate cut prediction graph

Federal Reserve to Cut Interest Rates by 25 Basis Points in November

Data from CME's FedWatch tool shows a 97.4% chance of a 25 basis points interest rate cut by the Federal Reserve this November. The probability of maintaining the current rate is only 2.6%.

Federal ReserveA bullish trend in gold prices forecasted by Forex.com strategists.

Forex.com Strategists Predict Gold Prices to Rise Next Week

James Stanley from Forex.com forecasts an increase in gold prices next week, driven by bullish investor sentiment. Despite dollar fluctuations, the market remains favorable for gold's upward moveme...

CPIGraph showing expected interest rate trends and investor confidence.

Investor Confidence in Fed's 25 Basis Point Rate Cuts: November and December Outlook

As market analysts anticipate the impact of upcoming CPI data, investor confidence is building around the Fed's potential 25 basis point interest rate cuts in November and December. Insights from e...