Daily News | Ripple is Making Waves | 24.10

Ripple is Making Waves.
Crypto market surge has analysts targeting $0.33 for XRP.
XRP has been one of the big winners of Bitcoin’s recent bout of consolidation and analysts are pricing XRP at $0.33 in the near future.

Loonie’s rates remain high.
Post-election spending causes the BoC rate cut bets to sink.
Investors are ditching bets that the Bank of Canada will cut interest rates over the coming months. Yet the Loonie shows no response.

U.S. crude is stockpiling.
U.S. crude stocks expected to rise for a sixth consecutive week.
A recent poll suggests that U.S. crude stockpiles rose for the sixth straight week, while refined products stockpiles fell.

USD/JPY
USD/JPY has traded sideways in the last session.
The Dollar-Yen pair has traded sideways in the last session. The ADX currently dwells in the negative zone.

Gold
XAU/USD has edged up 0.1% in the last session.
The price of gold has performed a minor correction, gaining 0.1% in the last session. Stochastic currently dwells in the negative zone.

EUR/USD
EUR/USD has fallen 0.3% in the last two sessions.
The Euro-Dollar pair has seen some downward movement, falling 0.3% in the last two sessions. The RSI remains negative.

GBP/USD
GBP/USD has lost 0.8% in the last session.
The Sterling-Dollar pair has lost 0.8% in the last session. The ROC remains negative.