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TOP SECTOR EUR STABLECOIN (0%)
TOP CRYPTO MARKET CAP $0.00T
24H VOLUME $0.00B
BTC DOMINANCE 0.0%
ETH DOMINANCE 0.0%
TOP SECTOR EUR STABLECOIN (0%)
TOP CRYPTO MARKET CAP $0.00T
24H VOLUME $0.00B

PBOC sets USD/CNY reference rate at 7.1786 vs. 7.1433 previous

The People’s Bank of China (PBoC) has set the USD/CNY reference rate at 7.1786, up from the previous 7.1433. This adjustment indicates a weaker yuan against the U.S. dollar, reflecting the central bank’s response to current economic conditions and currency market dynamics. The PBoC’s daily reference rate, also known as the central parity rate, serves […]

EUR/USD remains tepid near 1.0700 due to higher US Dollar, political uncertainties

The EUR/USD currency pair is currently trading near 1.0700, reflecting a subdued performance influenced by a strengthening U.S. dollar and prevailing political uncertainties. The U.S. dollar has gained momentum, bolstered by robust economic data and expectations of sustained interest rate policies by the Federal Reserve. This strength has exerted downward pressure on the euro, contributing […]

ECB’s Holzmann: December rate cut possible

European Central Bank (ECB) Governing Council member Robert Holzmann has indicated that a December interest rate cut is possible, though not guaranteed. This statement reflects the ECB’s ongoing assessment of economic conditions and its commitment to data-driven policy decisions. Holzmann’s remarks align with recent ECB actions, including a quarter-point rate cut in October, aimed at […]

Fed’s Kashkari: Economy strong, but inflation not vanquished

Federal Reserve Bank of Minneapolis President Neel Kashkari recently stated that the U.S. economy remains robust, yet inflation has not been fully subdued. He emphasized that while significant progress has been made in reducing inflation, the Federal Reserve’s 2% target has not been achieved, necessitating continued vigilance. Kashkari highlighted the resilience of the labor market […]

GBP/USD struggles for firm near-term direction, remains confined in a range around 1.2900

The British pound (GBP) is currently trading around 1.2900 against the U.S. dollar (USD), exhibiting limited movement as it remains within a narrow range. This stagnation reflects a balance between factors influencing both currencies. The U.S. dollar has shown strength, bolstered by robust economic data and expectations of further interest rate adjustments by the Federal […]

Gold Price Forecast: XAU/USD drifts lower below $2,700 on firmer US Dollar

Gold prices have recently declined below $2,700 per ounce, influenced by a strengthening U.S. dollar and rising Treasury yields. The U.S. dollar’s appreciation has made gold more expensive for holders of other currencies, reducing its appeal. Additionally, the anticipation of further interest rate cuts by the Federal Reserve has impacted gold’s attractiveness as a non-yielding […]

BoJ Summary of Opinions: Member suggests easing adjustment if outlook is achieved

A Bank of Japan (BoJ) policymaker has suggested that the central bank could consider adjusting its easing measures if the nation’s economic outlook reaches targeted levels. This hint at a potential policy shift comes amid growing signs of economic recovery, raising questions about the future of Japan’s ultra-loose monetary stance. In the latest Summary of […]

SEC delays decision on NYSE application for ETH ETFs options

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on the New York Stock Exchange’s (NYSE) proposal to list and trade options on Ethereum (ETH) exchange-traded funds (ETFs). This delay allows the SEC additional time to evaluate the proposal’s compliance with regulatory standards and investor protection measures. FXStreet The NYSE’s application seeks to […]

Gold falls amid US Dollar surge, traders eye US inflation figures

Gold prices have declined amid a strengthening U.S. dollar, as traders anticipate upcoming U.S. inflation data. The dollar’s appreciation has made gold more expensive for holders of other currencies, reducing its appeal. Additionally, the anticipation of further interest rate cuts by the Federal Reserve has impacted gold’s attractiveness as a non-yielding asset. Despite these factors, […]

Bitcoin Price Forecast: BTC eyes $80K as Coinbase traders raise demand 145%

Bitcoin (BTC) is approaching the $80,000 mark, driven by a significant increase in trading activity on Coinbase. The cryptocurrency’s price has surged to approximately $80,760, reflecting a 5.17% rise from the previous close. This upward momentum is largely attributed to a 145% increase in demand from Coinbase traders, indicating heightened investor interest. The surge in […]