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Latest News
Wednesday, 22 Jan, 2025
Asian Stocks Decline on Trump’s Tariff Comments: Markets Wrap
Philippine Finance Chief Sees Slower Rate Cuts on Global Risks
Dollar Jumps on News Trump Eyeing More Tariffs On Canada, Mexico
Trump says thinking in terms of 25% tariffs on Mexico and Canada
Japanese Stocks Drop After Trump Talks About Tariff Plan
Trump Orders US Waters Open to Oil Drilling, Reversing Biden
Gold Holds Gain as Reduced Threat of US Trade War Hurts Dollar
WTI extends its decline below $76.50 as Trump vows to boost oil output
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Gold rises as traders digest Trump's first day in office
Gold rises as traders digest Trump's first day in office
Gold
Gold price jumps to its highest level since November 6 amid fresh trade war fears
Gold prices surged to their highest level since November 6, driven by renewed fears of a potential escalation in the U.S.-China trade war. The precious metal, often seen as a safe-haven asset, gained traction...
AUDJPY
AUD/JPY Price Forecast: Pulls back from nine-day EMA near 97.50
The AUD/JPY pair saw a pullback after testing resistance near its nine-day exponential moving average (EMA) at 97.50, signaling a potential slowdown in bullish momentum. The pair’s retreat reflects...
Ethereum Price Forecast ETH set for rally as its Foundation allocates 50,000 ETH to DeFi
Ethereum Price Forecast: ETH set for rally as its Foundation allocates 50,000 ETH to DeFi
Ethereum’s price may be primed for significant movement as the Ethereum Foundation announces a 50,000 ETH allocation to decentralized finance (DeFi) projects. Valued at approximately $80 million,...
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AUDJPY
AUD/JPY Price Forecast: Pulls back from nine-day EMA near 97.50
The AUD/JPY pair saw a pullback after testing resistance near its nine-day exponential moving average (EMA) at 97.50, signaling a potential slowdown in bullish momentum. The pair’s retreat reflects...
PBOC sets USDCNY reference rate at 7.1703 vs. 7
PBOC sets USD/CNY reference rate at 7.1703 vs. 7.1886 previous
The People’s Bank of China (PBOC) set the USD/CNY reference rate at 7.1703, marking a slight strengthening of the yuan compared to the previous rate of 7.1886. This adjustment indicates a move by Chinese...
Dollar Jumps on News Trump Eyeing More Tariffs On Canada, Mexico
Dollar Jumps on News Trump Eyeing More Tariffs On Canada, Mexico
The U.S. dollar gained momentum on Monday as reports surfaced that former President Donald Trump may propose additional tariffs on Canada and Mexico. This news heightened trade tensions and bolstered the...
TRUMP booms, debuts on exchanges like ChangeNOW and prepares for Coinbase and Binance listings
TRUMP booms, debuts on exchanges like ChangeNOW and prepares for Coinbase and Binance listings
The TRUMP token is making waves in the cryptocurrency market, securing listings on exchanges like ChangeNOW while preparing for potential launches on Coinbase and Binance. The token’s recent debut...
Litecoin price set for $150 rally amid comments on LTC ETF approval
Litecoin price set for $150 rally amid comments on LTC ETF approval
Litecoin’s price is showing bullish momentum, with analysts predicting a potential rally toward $150. Market excitement has surged following recent comments about the possible approval of a Litecoin...
Bitcoin Tops $100,000 Level as Angst Over Fed Policy Path Eases
Bitcoin Tops $100,000 Level as Angst Over Fed Policy Path Eases
Bitcoin surged past the $100,000 milestone, fueled by easing concerns over the Federal Reserve’s monetary policy stance. Investor confidence grew as signals emerged that the Fed may adopt a less aggressive...
WTI extends its decline below $76
WTI extends its decline below $76.50 as Trump vows to boost oil output
West Texas Intermediate (WTI) crude continued its downward trend, trading below $76.50 as former U.S. President Donald Trump committed to increasing domestic oil production if reelected. The promise to...
Asian Stocks Advance as Trump and Xi Discuss Trade Markets Wrap
Asian Stocks Advance as Trump and Xi Discuss Trade: Markets Wrap
Asian markets saw broad gains as trade negotiations between U.S. President Donald Trump and Chinese President Xi Jinping sparked renewed optimism. Investors welcomed the positive tone from discussions...
Oil Edges Higher as Market Braces for Second Trump Presidency
Oil Edges Higher as Market Braces for Second Trump Presidency
Oil prices rose as markets began to weigh the potential implications of a second Trump presidency on global energy policies. Brent crude gained 0.7%, trading at $87.65 per barrel, while West Texas Intermediate...

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EUR/USD Price Forecast: Further weakness likely below the 200-day SMA

The EUR/USD pair faces continued downward pressure, trading below its 200-day Simple Moving Average (SMA), signaling potential further weakness in the near term. Market sentiment remains cautious as traders weigh the implications of this technical level, often viewed as a key indicator of trend direction....

US Dollar Weekly Forecast: Trump might hold the key for the next leg higher

The US Dollar could see heightened volatility this week as political developments potentially drive its next moves. Former President Donald Trump might hold a pivotal role, with ongoing legal battles and campaign rhetoric likely influencing market sentiment. Traders are closely monitoring these events...

EUR/USD Price Forecast: Some near-term consolidation could be on the cards

The EUR/USD currency pair may face a period of consolidation as traders assess recent economic developments and await fresh catalysts. The pair has struggled to break out of a narrow trading range, reflecting market caution amid mixed signals from both the eurozone and U.S. economies. EUR/USD Daily...

EUR/USD Price Forecast: Bulls failed to consolidate their move

The EUR/USD failed to sustain its recent bullish move, as economic uncertainty and a stronger dollar weighed on the pair. Despite a brief uptick driven by favorable sentiment in European markets, the euro struggled to hold ground against the greenback. Investors remained cautious ahead of upcoming U.S....

EUR/USD Price Forecast: Outlook remains negative for the time being

The EUR/USD continues to face headwinds as bearish sentiment dominates market sentiment. Lingering concerns over Europe’s economic stability, coupled with robust U.S. dollar performance, have put significant pressure on the pair. Traders remain cautious as upcoming macroeconomic data could dictate...

Australian Dollar struggles near multi-year lows as USD strength dominates

The Australian Dollar continues to face intense pressure, hovering near multi-year lows as the U.S. Dollar maintains its dominance in global markets. A combination of strong U.S. economic data and the Federal Reserve’s hawkish stance on interest rates has fueled demand for the greenback, leaving commodity-linked...

EUR/USD Price Forecast: Subdued around 1.0300 ahead of US Nonfarm Payrolls

The EUR/USD pair remains steady near the 1.0300 level, with traders cautious ahead of the pivotal US Nonfarm Payrolls (NFP) report. This widely-watched employment data is expected to set the tone for the Federal Reserve’s monetary policy outlook, keeping market participants on edge. EUR/USD Technical...

EUR/USD Price Forecast: Slides as Fed signals slower easing pace

The EUR/USD exchange rate slid as the Federal Reserve reaffirmed a cautious approach to monetary easing, signaling a slower pace than markets anticipated. This hawkish tone from the Fed dampened investor sentiment and boosted demand for the dollar, pushing the euro lower in trading. Market participants...
Ethereum Price Forecast ETH likely to see increased demand as Pectra upgrade is set for March launch

Ethereum Price Forecast: ETH likely to see increased demand as Pectra upgrade is set for March launch

Ethereum is expected to experience a surge in demand as its much-anticipated Pectra upgrade approaches its March launch. The upgrade, designed to enhance scalability and network efficiency, is a key milestone...
US Dollar Weekly Forecast Trump might hold the key for the next leg higher

US Dollar Weekly Forecast: Trump might hold the key for the next leg higher

The US Dollar could see heightened volatility this week as political developments potentially drive its next moves. Former President Donald Trump might hold a pivotal role, with ongoing legal battles and...
BNB Price Forecast Binance bulls target $750 as Trump drives crypto trading volumes to a record high

BNB Price Forecast: Binance bulls target $750 as Trump drives crypto trading volumes to a record high

Binance Coin (BNB) is gaining momentum as trading volumes across the cryptocurrency market hit unprecedented levels, driven by renewed interest from high-profile developments such as Donald Trump’s crypto-related...
Ethereum Price Forecast Staking could spark ETH rally in 2025 as PostFinance launch stirs bullish sentiment

Ethereum Price Forecast: Staking could spark ETH rally in 2025 as PostFinance launch stirs bullish sentiment

The Ethereum market is eyeing a potential rally in 2025 as staking gains traction, following the recent launch by PostFinance, a major Swiss financial institution. The move has fueled optimism among investors,...
EURUSD Price Forecast Some near-term consolidation could be on the cards

EUR/USD Price Forecast: Some near-term consolidation could be on the cards

The EUR/USD currency pair may face a period of consolidation as traders assess recent economic developments and await fresh catalysts. The pair has struggled to break out of a narrow trading range, reflecting...
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EURUSD Price Forecast Bulls failed to consolidate their move
EUR/USD Price Forecast: Bulls failed to consolidate their move
The EUR/USD failed to sustain its recent bullish move, as economic uncertainty and a stronger dollar weighed on the pair. Despite a brief uptick driven by favorable sentiment in European markets, the euro...
EURUSD Price Forecast Outlook remains negative for the time being
EUR/USD Price Forecast: Outlook remains negative for the time being
The EUR/USD continues to face headwinds as bearish sentiment dominates market sentiment. Lingering concerns over Europe’s economic stability, coupled with robust U.S. dollar performance, have put...
Australian Dollar struggles near multi-year lows as USD strength dominates
Australian Dollar struggles near multi-year lows as USD strength dominates
The Australian Dollar continues to face intense pressure, hovering near multi-year lows as the U.S. Dollar maintains its dominance in global markets. A combination of strong U.S. economic data and the...
Ethereum Price Forecast ETH could rally above $4,400 despite increased staking withdrawals

Ethereum Price Forecast: ETH could rally above $4,400 despite increased staking withdrawals

Ethereum’s price is signaling potential for a significant rally as it edges closer to the $4,400 mark. Despite an uptick in staking withdrawals, market sentiment remains optimistic, bolstered by...
Dogecoin Price Forecast DOGE outperforms SHIB and PEPE as traders bet on Trump

Dogecoin Price Forecast: DOGE outperforms SHIB and PEPE as traders bet on Trump

Dogecoin is capturing the attention of traders as its performance surpasses rivals Shiba Inu (SHIB) and Pepe (PEPE) in a volatile market. The meme cryptocurrency recorded a significant uptick in trading...
Ethereum Price Forecast Investors stay bullish with rising open interest and over 300K ETH withdrawals

Ethereum Price Forecast: Investors stay bullish with rising open interest and over 300K ETH withdrawals

Ethereum’s market sentiment remains bullish as key indicators point to strengthened investor confidence. The cryptocurrency saw a surge in open interest, reflecting increased activity in derivative markets....
Solana Price Forecast SOL network update signals more downside risks

Solana Price Forecast: SOL network update signals more downside risks

The Solana (SOL) network faces heightened scrutiny as a recent update has signaled potential downside risks for its price. Market analysts have pointed to the update’s mixed reception, highlighting...
Dogecoin Price Forecast DOGE Open Interest stabilizes at $3

Dogecoin Price Forecast: DOGE Open Interest stabilizes at $3.4B as Elon Musk Moves to purchase Liverpool FC

Dogecoin’s market momentum shows signs of stability as open interest for DOGE futures settles at $3.4 billion, a signal of sustained trader engagement despite broader market volatility. The meme-based...
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Silver’s time to shine is here Get ready

Silver’s time to shine is here: Get ready

Silver is capturing attention as economic uncertainty drives investors toward safe-haven assets. Analysts note a surge in demand for precious metals, with silver standing out due to its dual role as both...
Oil markets Brace for increased volatility in 2025

Oil markets: Brace for increased volatility in 2025

The oil markets are set for increased volatility in 2025, driven by fluctuating global demand, geopolitical tensions, and evolving energy policies. Analysts suggest that uncertainties surrounding economic...
Towering dollar after solid jobs data leaves peers struggling

Towering dollar after solid jobs data leaves peers struggling

The U.S. dollar strengthened significantly on the back of robust jobs data, leaving other major currencies struggling to keep pace. The latest report revealed better-than-expected payroll growth, reinforcing...
Gold Price Forecast XAUUSD hovers around $2

Gold Price Forecast: XAU/USD hovers around $2.670, aims higher

Gold prices are stabilizing around $2,670 per ounce, with market participants closely monitoring potential shifts in sentiment. The precious metal has maintained a tight trading range, driven by mixed...
Gold Price Forecast XAUUSD pressures fresh multi-week highs

Gold Price Forecast: XAU/USD pressures fresh multi-week highs

Gold prices rose on Thursday, flirting with fresh multi-week highs as market sentiment turned cautious ahead of key economic data releases. XAU/USD gained traction as investors sought safe-haven assets,...
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US Dollar remains weak ahead of jackson hole, USD/JPY and Gold Latest
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US Dollar remains weak ahead of jackson hole, USD/JPY and Gold Latest
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US Dollar remains weak ahead of jackson hole, USD/JPY and Gold Latest
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US Dollar remains weak ahead of jackson hole, USD/JPY and Gold Latest

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