Gold prices hit new milestones last week, reaching a fresh record high of $2,600 on Friday. Expectations of further interest rate cuts bolstered the appeal of bullion, but that is not the only reason.
The rising deficit rate in the U.S. is one of the key forces driving gold prices. Historically, Gold prices and the US deficit rate have shown good synchronicity historically:
1. From 1984 to 2000, the US deficit ra...

Bitcoin surged to a one-month high on Monday, extending its rally after last week's significant Federal Reserve rate cut. FXTM Senior Market Analyst Lukman Otunuga highlighted that looser financial conditions could signal a favorable outlook for bitcoin bulls, driving increased demand for digital assets.
Historically, Bitcoin has shown a cyclical performance, with certain months consistently delivering weaker or stro...

As the Federal Reserve approaches a pivotal moment, transitioning from an extended cycle of interest rate hikes to potential rate cuts, market participants are on edge. The central bank's decision, set to be announced on Wednesday, has sparked considerable debate among traders and analysts, with conflicts over the magnitude of the rate cut—whether it will be a 50 basis-point reduction or a more modest 25 basis ...