Gold Awaits Clarity On Fed Easing Path

manassanant pamai By Ewa Manthey, Commodities Strategist Fed policy remains key for gold Federal Reserve policy will remain key for the outlook of gold prices in the months ahead. US dollar strength and central bank tightening weighed on the gold market for most of last year. Swaps markets suggest investors don’t see much chance of…

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Price on Cusp of Bullish Breakout Similar to Bitcoin Following US Regulatory Clarity

Ethereum (ETH) price is currently retesting a crucial support/resistance zone around $2,130 with the bulls rejuvenated for a robust bullish breakout. The second largest digital asset by market capitalization Ethereum (ETH) has attracted notable attention amid the ongoing Web3 mainstream adoption fueled by institutional investors. The recent Ethereum spot exchange-traded fund (ETH) filed by the…

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Vir Biotechnology: Strong Balance Sheet But Commercial Prospects Await More Clarity

UmbertoPantalone In late December, I recommended Vir Biotechnology, Inc. (NASDAQ:VIR) as a speculative Buy due to its long-term cash availability, experienced management team, collaborations with significantly large commercial companies such as GSK and progressing pipeline. The company has recently released its Q2 2023 earnings report. Biotechnology firm stocks are hugely sensitive to news updates rather…

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Ripple-backed XRP Price Struggles to Rally towards $1 despite Regulatory Clarity

The XRP market is heavily bolstered by the adoption of Ripple payment products including On-Demand Liquidity (ODL) and RipppeNet. On July 13, the United States judicial system through a ruling by District Judge Analisa Torres declared XRP exchanges’ sales as non-security. However, the ruling also tied the XRP institutional sales to investment contracts, thus security…

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