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Gold Price Soars Near $5,050 as Fed-Driven Dollar Weakness Sparks Incredible Rally; All Eyes on US Jobs Data
bitcoinworld3d ago

Gold Price Soars Near $5,050 as Fed-Driven Dollar Weakness Sparks Incredible Rally; All Eyes on US Jobs Data

BitcoinWorldGold Price Soars Near $5,050 as Fed-Driven Dollar Weakness Sparks Incredible Rally; All Eyes on US Jobs DataGlobal gold markets maintain a distinctly bullish tone in early 2025, with spot prices hovering near the psychologically significant $5,050 per ounce level. This remarkable strength primarily stems from sustained weakness in the US dollar, a direct consequence of evolving Federal Reserve monetary policy expectations. Consequently, traders and institutional investors now direct their attention toward [...]This post Gold Price Soars Near $5,050 as Fed-Driven Dollar Weakness Sparks Incredible Rally; All Eyes on US Jobs Data first appeared on BitcoinWorld.

#FOREX
AUD/USD Defends Critical 0.7100 Level as Crucial US Jobs and Australian Inflation Loom
bitcoinworld3d ago

AUD/USD Defends Critical 0.7100 Level as Crucial US Jobs and Australian Inflation Loom

BitcoinWorldAUD/USD Defends Critical 0.7100 Level as Crucial US Jobs and Australian Inflation LoomThe AUD/USD currency pair demonstrates remarkable resilience in early 2025 trading, steadfastly holding gains above the psychologically significant 0.7100 threshold. Consequently, global forex traders now fix their attention on two imminent economic catalysts: the United States Non-Farm Payrolls report and Australia’s latest Consumer Price Index (CPI) data. These releases promise to dictate the near-term trajectory [...]This post AUD/USD Defends Critical 0.7100 Level as Crucial US Jobs and Australian Inflation Loom first appeared on BitcoinWorld.

#FOREX
Federal Reserve Rate Cuts: Softer US Data Sparks Crucial Dollar Reassessment
bitcoinworld3d ago

Federal Reserve Rate Cuts: Softer US Data Sparks Crucial Dollar Reassessment

BitcoinWorldFederal Reserve Rate Cuts: Softer US Data Sparks Crucial Dollar ReassessmentRecent economic indicators from the United States have triggered significant market reassessments, with softer-than-expected data bolstering expectations for Federal Reserve rate cuts and consequently impacting USD valuation across global forex markets in early 2025. Federal Reserve Rate Cut Expectations Intensify The US dollar faces mounting pressure as consecutive economic reports reveal softening across multiple sectors. [...]This post Federal Reserve Rate Cuts: Softer US Data Sparks Crucial Dollar Reassessment first appeared on BitcoinWorld.

#FOREX
EUR/USD Analysis: The Critical Wait for Nonfarm Payrolls Data Grips Forex Markets
bitcoinworld3d ago

EUR/USD Analysis: The Critical Wait for Nonfarm Payrolls Data Grips Forex Markets

BitcoinWorldEUR/USD Analysis: The Critical Wait for Nonfarm Payrolls Data Grips Forex MarketsLONDON, March 7, 2025 – The EUR/USD currency pair exhibits a cautiously optimistic posture in early European trading, holding moderate bids as global investors brace for the pivotal release of the US Nonfarm Payrolls (NFP) report. This key macroeconomic event consistently serves as a major catalyst for volatility across the foreign exchange market, particularly for [...]This post EUR/USD Analysis: The Critical Wait for Nonfarm Payrolls Data Grips Forex Markets first appeared on BitcoinWorld.

#FOREX
Rupee falls 14 paise to close at 90.70 against US dollar
dailyexcelsior3d ago

Rupee falls 14 paise to close at 90.70 against US dollar

MUMBAI, Feb 11: The rupee depreciated 14 paise to close at 90.70 (provisional) against the US dollar on Wednesday, on dollar demand from importers and geopolitical tensions. Forex traders said the rupee is trading with a slight negative bias amid geopolitical tensions and elevated crude oil prices. Dollar demand from importers may also pressurise the rupee. However, FPI inflows may support the local unit at lower levels. At the interbank foreign exchange market, the rupee opened at 90.56 against the US [...]The post Rupee falls 14 paise to close at 90.70 against US dollar appeared first on Daily Excelsior.

#FOREX
Bitcoin Giant Awakens: 2,043 BTC Moved After 7-Year Slumber
newsbtc3d ago

Bitcoin Giant Awakens: 2,043 BTC Moved After 7-Year Slumber

On-chain data shows a dormant Bitcoin whale has roused after a silence of nearly seven years, shifting 2,043 BTC on the blockchain. A Dormant Bitcoin Whale Has Just Made A Notable Transaction As explained by CryptoQuant community analyst Maartunn in a new post on X, an old whale transaction has been spotted on the Bitcoin blockchain. The on-chain indicator cited by the analyst is the Spent Output Age Bands, which tells us about the amount of BTC that addresses belonging to a particular age band are moving. Coins are divided into these “age bands” based on how long they have been sitting dormant on the blockchain for. In the context of the current topic, the band of interest is the 5 to 7 years one, covering tokens that haven’t been involved in a transaction since between five and seven years ago. Related Reading: Bitcoin Not “Pumpable” Right Now, Says CryptoQuant Founder: Here’s Why Below is the chart shared by Maartunn that shows the trend in the Spent Output Age Bands for this cohort. As is visible in the graph, the Bitcoin Spent Output Age Bands has just registered a huge spike for the group, indicating coins falling in this age range have just broken their dormancy. In total, the move involved 2,043 BTC, worth $140.8 million at the current exchange rate. According to the analyst, the whale involved in the transaction purchased these tokens on February 19th, 2019, implying that the age of the tokens was on the higher end of the range, being nearly seven years dormant before the transaction took place. “This unknown entity once held 39,000 BTC, originally received from Cumberland (OTC Trading Desk),” noted Maartunn. As for what could be the reason behind the whale choosing to break their silence now, the answer is uncertain. It could be that the recent bearish price action was strong enough to shake even this diamond hand into selling, or the move could simply just be for a mundane purpose like a change of wallets. Related Reading: Ethereum Drops Under MVRV Band That Marked Last 3 Bottoms In some other news, new investor capital inflows into Bitcoin have dried up lately, as CryptoQuant author IT Tech has highlighted in an X post. As displayed in the above chart, the 30-day capital netflow into Bitcoin has plummeted into the negative zone recently, suggesting demand from new investors isn’t enough to absorb the selling. “This behavior is consistent with early bear market conditions: contracting liquidity and narrowing participation,” noted the analyst. Currently, the 30-day cumulative capital netflow is sitting at a value of -$2.6 billion for the cryptocurrency. BTC Price Bitcoin has taken to sideways movement during the last few days as its price is still trading around $68,900. Featured image from Dall-E, chart from TradingView.com

#TECH
Caprock Group LLC Purchases Shares of 69,319 Newmont Corporation $NEM
thelincolnianonline3d ago

Caprock Group LLC Purchases Shares of 69,319 Newmont Corporation $NEM

Caprock Group LLC purchased a new position in shares of Newmont Corporation (NYSE:NEM – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 69,319 shares of the basic materials company’s stock, valued at approximately $5,844,000. Other large investors also recently made changes to [...]

#COMMODITIES
Optimising workplace design for employee engagement and organisational success
e273d ago

Optimising workplace design for employee engagement and organisational success

In nearly every industry, a small number of companies are capturing the majority of the profits. A McKinsey Global Institute study revealed that the top 10 per cent of companies in the world capture 80 per cent of economic profits. This leaves very little for the companies at the bottom. The middle 60 per cent [...]The post Optimising workplace design for employee engagement and organisational success appeared first on e27.

#ECONOMY