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Reuters: COMMENT-FX traders have the room to take dollar even higher

  The U.S. dollar has room to make even bigger gains in the days and weeks ahead as the speculative long position is not big enough to limit further greenback gains. Commodity Futures Trading Commission data showed that for the week ending Oct. 24, the value of net long positions held by speculators was trimmed slightly to $9.37 billion from $9.59 billion a week earlier. The position has fallen for three weeks in a row from the $10.10 billion peak, which was the biggest speculative long in just under a year. A smaller speculative long position means there is likely to be a reduction in offers and vulnerable sell stops in the market. The USD index, which tracks the dollar versus a basket of six currencies, last Tuesday slipped under the 105.501 Fibo - a 23.6% retrace of the 99.549 to 107.34 (July to October) rise. However, a bear trap was set when it failed to register close below 105.501 at the end of Tuesday's trading. The scope grows for a bullish extension to test the 107.34...
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Gold ticks higher as traders await Fed meeting

  By William Watts Gold futures edged higher early Tuesday, building on the yellow metal's highest close in more than two weeks as traders awaited this week's Federal Reserve decision for clues on interest rates. Price action Market drivers Gold has largely traded sideways since spring, and is off around 0.5% so far in September. It's seen pressure as Treasury yields advanced and the U.S. dollar strengthened. Higher yields raise the opportunity cost of holding nonyielding assets like gold, while a stronger dollar makes commodities more expensive to users of other currencies. The Federal Reserve is fully expected to leave interest rates unchanged Wednesday when it concludes a two-day policy meeting, but investors will be looking for clues as to whether a further rate increase may be in store. See: 4 things to watch for at this week's Fed monetary-policy meeting "The question now for gold traders is whether the Fed is willing to acknowledge that it's probably don...
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Here Are The Factors That Could Be Behind The Latest Bitcoin Wipeout

  Bitcoin, the largest cryptocurrency in the world, has plummeted substantially in the past 24 hours, leading to a ripple effect among other cryptocurrencies. On August 18, the price of BTC suddenly dumped 8% in a matter of minutes, as tension from investors increased selling pressure. Aug 18, 2023 15:15 GMT+3
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Reuters: Dollar slides after slowing U.S. jobs growth in July

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KEY POINTS: Biggest single-day dollar slide in three weeks Dollar's drop erases almost all the week's gains Jobs growth slows but wage gains point to tight market Focus now on consumer price index (CPI) next week The dollar fell on Friday, paring almost all the week's gains, after slowing U.S. jobs growth in July encouraged hopes of a soft economic landing but higher wages suggested the Federal Reserve may need to keep interest rates higher for longer.
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Cointelegraph: Hong Kong debuts retail crypto trading with HashKey exchange

  Hong Kong debuts retail crypto trading with HashKey exchange Aug 3, 202310:52 GMT+3 BTCUSDT−0.15% Hong Kong is expanding cryptocurrency trading exposure to individual investors, with at least one exchange getting the regulatory green light to offer such services.
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