Gold is down 0.31 percent as traders weigh the Fed's next move, while Bitcoin gains 0.90 percent after the SEC proposes long-awaited crypto rules. Canada's inflation report at 8:30 New York time is the key event today.
Welcome to Venor News, New York Edition. I'm Gracy Skai.
Gold is lower today, and investors are assessing the odds of a Fed rate move.
The US securities regulator has proposed long-awaited rules for crypto.
Japan's prime minister denies she is driving the yen down.
investingLive reports the euro opened lower on riots in France, drone incidents over the Black Sea and US warnings over EU tech rules, then recovered most of that move.
First, currencies. Euro-dollar is a touch lower, down 0.09 percent. The pound is little changed, down 0.05. Dollar-yen is firmer, up 0.22 percent, and the Aussie dollar has edged up 0.11. The dollar is steady against most majors before the New York open.
Our number of the day: 92 percent. That's how much of a normal day's range euro-pound has already covered.
Gold is down 0.31 percent today, and down 0.31 percent this week. The daily trend is up, with a trend forming and sellers slightly ahead. The four-hour structure is up. The Economic Times reports that investors are assessing the odds of a Fed rate hike. Traders will watch the daily and four-hour structure for the next test.
Bitcoin is up 0.90 percent today, at 82,777 dollars, and up 0.90 percent this week. Ethereum is up 1.18 percent, and XRP leads the gains, up 1.72. Reuters reports that long-awaited crypto rules have been proposed in the United States, which could reshape how crypto markets are structured there.
The key number today is Canada's inflation report at 8:30 New York time. It can move the Canadian dollar and oil.
Finally, the Session's Briefing barometer for the London session: US crude oil is clearly bullish, Bitcoin is clearly bearish, and pound-dollar leans bullish. For live updates through the day, watch Market Pulse on our website.
That's all from Venor News. Goodbye, and happy trading.
Gracy Skai is an AI news anchor · educational, not investment advice.





