Dale J Pinkert
Independent Analyst
In today's TradeGATEHub Live Trading session, the focus shifts to the aftermath of the Non-Farm Payroll (NFP) announcement, which has led to a significant verdict: 'The Dollar is Toast.' Coach Dale delves into the breakdown of the dollar, discusses the sharp drop in yields, and analyzes the surprisingly muted response in the precious metals market.
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Ripple's XRP struggles near $2.58 resistance as investors realize $1.5 billion in profits
Ripple is up 3% on Wednesday after witnessing significant profit-taking among its investors following the launch of the RLUSD stablecoin. Whales have soaked up the selling pressure from profit-takers as XRP struggles near the $2.58 resistance level.
DJIA ends Tuesday in the red, sheds roughly 270 points
The Dow Jones Industrial Average shed another 360 points at its lowest on Tuesday as losses accumulate in the key index and begin to gather speed. The S&P 500 and the Nasdaq also closed in the red.
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