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Platinum: Bullish bias holds as breakout test looms - OCBC

Bitcoin, USD/CAD, Copper and US 10-Year Yield Brace for Jackson Hole

WikiFX

| 3h

Abstract：Bitcoin, USD/CAD, copper and US 10-year yields face a key Jackson Hole catalyst, with BTC eyeing $84K or $72K as markets await Fed signals.

FX Empire
Forecasts & Analysis
Bitcoin
Bitcoin, USD/CAD, Copper and US 10-Year Yield Brace for Jackson Hole

Bitcoin, USD/CAD, copper and US 10-year yields face a key Jackson Hole catalyst, with BTC eyeing $84K or $72K as markets await Fed signals.

Copper
0.00%
Copper ForecastForecast

Copper

USD/CAD
+0.22%
USD/CAD ForecastForecast

USD/CAD

Bitcoin
-1.29%
Bitcoin ForecastForecast

Bitcoin

US 10-Year Yield, Bitcoin, USD/CAD, Copper

The 10-year yield rose again early during the trading session, and as a result, it looks as if we are going to continue the overall range that we had been in between the 4.60% level and the 4.75% level. The market will be waiting for a speech by Kevin Warsh later today as we try to determine what the Federal Reserve does next, so expect noise.

Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website‘s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.