Gold just had an explosive 5% surge as the US government shutdown ending eliminates uncertainty. In the video, we expose why the Fed’s “fly blind” positioning amid data disruption could supercharge Gold’s record momentum.
Gold prices surged past $4200 as safe-haven demand and Fed uncertainty drive bullish momentum, though indicators suggest a potential overbought condition is near.
EUR/USD continues to trade within a bearish trend below key resistance levels, with technical indicators suggesting a potential drop toward 1.1400 amid ongoing uncertainty.
Monero has climbed steadily over the past 24 hours, gaining about 2.33% to trade near $396.05 and inching toward the psychological $400 threshold.
The USD/SGD hovered near 1.30085 on Thursday as markets remained calm following the U.S. government’s reopening, with sentiment cautiously leaning bearish.
The EUR/USD pair traded as high as 1.1635 during European trading hours on Thursday, as optimism fueled demand for high-yielding assets. Late on Wednesday, the United States (US) House of Representatives approved a bill to fund the government, ending the longest shutdown in the country’s history.