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Bitcoin Price Forecast: Hotter-Than-Expected US Inflation Drags BTC Below $74,000 as Bulls Eye $73,000 Support

TradingKey - On Thursday (November 12), Bitcoin (BTC) continued its recent downward trend. As of today's European trading session, Bitcoin fell below $74,000 intraday, with the latest price trading ne

Source  Tradingkey1794469870
US Dollar Index: Fed pricing supports renewed strength – Deutsche Bank

Deutsche Bank’s Jim Reid and colleagues highlight that Fed funds futures shifted in a more hawkish direction after the CPI release, lifting expectations for future rate hikes.

Source  Fxstreet1794469311
Euro remains almost stable against British Pound after strong UK GDP data

The Euro (EUR) remains steady at around 0.8350 against the British Pound (GDP) in the European trade on Thursday, as the latter trades almost stable after the release of the United Kingdom (UK) Q3 and September Gross Domestic Product (GDP) data.

Source  Fxstreet1794469045
British Pound remains depressed despite upbeat UK GDP and industrial output data

The British Pound (GBP) edged up against the Dollar (USD) following the release of UK Gross Domestic Product (GDP) and Industrial Production figures on Thursday, yet with the broader bearish trend practically intact.

Source  Fxstreet1794468774
Applied Materials Q4 Earnings Preview: Revenue Expected to Grow 51%, Wall Street High Price Target at $900

TradingKey - Applied Materials (AMAT) will report its fourth-quarter and full-year fiscal 2026 financial results after the market close on November 12, Eastern Time, and host an earnings conference ca

Source  Tradingkey1794468315
Forex Today: US Dollar Index climbs to fresh 19-month high, Gold drops below $4,000

Here is what you need to know on Wednesday, November 11:

Source  Fxstreet1794468298
Australian Dollar drops to fresh low since January, further below 0.6850 vs bullish USD

The AUD/USD pair drifts lower for the third straight day, also marking the fifth day of a negative move in the previous five, hitting a fresh low since January during the early European session on Thursday.

Source  Fxstreet1794467606
KOSPI Falls Below 5,400 as Kioxia and SoftBank Slump 3%; SK Hynix Bucks Trend to Gain 1.7%

TradingKey - Japanese and South Korean equities retreated after an intraday surge, with the KOSPI falling 0.61% and slipping below 5,400 points, while the Nikkei barely held the 60,000-point milestone

Source  Tradingkey1794466752
US Dollar Index Price Forecast: Rally likely extend towards 104.00

The US Dollar (USD) outperforms its major currency peers, except the Japanese Yen (JPY), on Thursday, amid fears that the Federal Reserve (Fed) could turn aggressive on its current monetary tightening cycle to contain elevated inflationary pressures.

Source  Fxstreet1794466692
USD/CAD Price Forecast: Strengthens above 1.4250, retains positive bias above 100-day SMA

The USD/CAD pair gains momentum to around 1.4260 during the early European trading hours on Thursday. Falling crude oil prices exert some selling pressure on the commodity-linked Canadian Dollar (CAD) against the US Dollar (USD).

Source  Fxstreet1794466606
US October PPI Preview: Fed Rate Hike Expectations Rise, PPI May Be Key Variable; How Will US Stocks, Dollar, and Gold Move?

TradingKey - On Friday (Nov. 13) Eastern Time, the U.S. will release the October Producer Price Index (PPI). Following the October CPI once again exceeding expectations, the market will look to the PP

Source  Tradingkey1794465887
Injective Price Forecast: Mounting selling pressure threatens a long-term support trendline

Injective (INJ) extends losses below $7.50 at press time on Thursday, attracting sellers after the previous day’s 6% decline. The derivatives market shows a sell-side bias among traders, as market orders continue to sweep resting bids amid declining Open Interest in INJ futures.

Source  Fxstreet1794465769
Is Jensen Huang Leaving Nvidia? Potential Successors and Risks Facing NVDA Stock

TradingKey - Nvidia's (NVDA) succession question has evolved from a hypothetical discussion into a real governance test.According to reports by media outlets including Reuters and Bloomberg citing peo

Source  Tradingkey1794465182
Ethereum Plunges 15% in a Week as Record Staking Rate Fails to Hold $2,000 Mark

TradingKey - Ethereum's staking ratio has surged to an all-time high, yet its price has plunged 15% over the past seven days, putting the key $2,000 psychological threshold at risk.On November 12, Eth

Source  Tradingkey1794464802
WTI declines below $85.00 on hopes for Ukraine peace talks, oversupply worries

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $84.75 during the early European trading hours on Thursday. WTI falls amid hopes for progress in peace talks over the Middle East and Russia-Ukraine, and growing US inventories.

Source  Fxstreet1794464131
Bitcoin Price Forecast: BTC under pressure as MSCI removes Strategy from global indexes, puts billions in fund flows at risk

Bitcoin (BTC) remains under pressure, trading below $73,800 on Thursday after correcting over 1.5% so far this week.

Source  Fxstreet1794463508
BoJ's Asada warns rate hikes could push down underlying inflation given consumption lacks momentum

Bank of Japan (BoJ) board member Toichiro Asada said on Thursday that the central bank must be mindful of risk rate hikes that could push down underlying inflation given consumption lacks momentum.

Source  Fxstreet1794463187
Swiss Franc holds gains against US Dollar despite hawkish Fed outlook

USD/CHF inches lower after two days of gains, trading around 0.8330 during Asian hours on Thursday.

Source  Fxstreet1794463054
USD/JPY Price Forecast: Enters fresh upside leg on consolidation breakout

The Japanese Yen (JPY) outperforms its major currency peers on Thursday. Against the US Dollar (USD), the Asia-Pacific currency is marginally higher even as the US Dollar Index (DXY) hits a fresh 18-month high at 103.08 during the day.

Source  Fxstreet1794462516
GBP/USD Price Forecast: Seems vulnerable below 1.3300 amid bullish USD, ahead of UK GDP

The GBP/USD pair drifts lower for the third straight day – also marking the fifth day of a negative move in the previous six – and drops to a fresh four-week low during the Asian session on Thursday.

Source  Fxstreet1794462341
Indian Rupee outperforms amid strong foreign inflows, shrugging off surging US Dollar

The Indian Rupee (INR) rises further against the US Dollar (USD) on Thursday, posting a fresh six-month low. The USD/INR pair falls to near 93.65 as the Indian currency outperforms on the back of strong inflows of overseas investment into the Indian stock market.

Source  Fxstreet1794461322
EUR/USD Price Forecast: Declines below 1.1100, negative outlook remains intact under 100-day SMA

The EUR/USD pair declines to near 1.1080 during the early European trading hours on Thursday. A cautious stance from the European Central Bank (ECB) weigh on the Euro (EUR) against the US Dollar (USD).

Source  Fxstreet1794460410
Silver Price Forecast: XAG/USD flirts with trading range support, holds above $51.00

Silver (XAG/USD) edges lower following the previous day's two-way price swings, retesting the weekly trough around the $51.20-$51.15 area, during the Asian session on Thursday.

Source  Fxstreet1794459582
Gold struggles below $4,000 as Fed hike bets and Mideast risks lift USD to fresh YTD top

Gold (XAU/USD) remains under some selling pressure for the third straight day, trading below the $4,000 psychological mark during the Asian session, near its lowest level in more than one week, touched earlier this Thursday.

Source  Fxstreet1794458677
Indonesian Rupiah hits record lows on MSCI index concerns, political uncertainty

USD/IDR rises after opening at a bullish gap, trading around 18,260 during Asian hours on Thursday. The currency pair climbed to a fresh record high of 18,272 amid renewed concerns over Indonesia’s emerging-market status.

Source  Fxstreet1794458271
India Gold price today: Gold falls, according to FXStreet data

Gold prices fell in India on Thursday, according to data compiled by FXStreet.

Source  Fxstreet1794458111
AUD/JPY Price Forecast: Weakens below 109.50, bearish outlook prevails under the 100-day SMA

The AUD/JPY cross trades in negative territory around 109.30 during the early European trading hours on Thursday. Traders remain on high alert for currency intervention from Japanese authorities to prop up the Japanese Yen (JPY).

Source  Fxstreet1794457361
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