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Latest News
Sunday, 23 Feb, 2025
Oil prices drop as Trump claims Putin agrees to Ukraine peace talks
Bitcoin rebounds as Trump’s Russia-Ukraine diplomacy talk offsets CPI concerns
USD/CAD gains momentum near 1.4300 as traders brace for US CPI release
Japanese yen holds near one-week low against USD as market eyes US CPI data
Australian dollar struggles to recover as US dollar holds firm ahead of US CPI
EUR/USD Looks to Gain Momentum If It Clears 1.0500
EUR/JPY climbs to one-week high above 159.00 amid persistent JPY weakness
MSCI Removes More Chinese Stocks From Indexes Despite Market Rebound
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Japan’s inflation remains stubborn as core prices rise beyond forecasts
Japan’s inflation remains stubborn as core prices rise beyond forecasts
USDCHF (1)
USD/CHF Trades Firm Above 0.9100 as Markets Await Fed Chair Powell’s Testimony
The US dollar remained firm against the Swiss franc, with USD/CHF trading above 0.9100, as investors positioned cautiously ahead of Federal Reserve Chair Jerome Powell’s testimony. The market is closely...
EURUSD middles post-Fed, US GDP data in the pipe
Morning Briefing: Euro Approaches Key Support Near 1.0250
The euro edged lower against the US dollar, approaching key support near 1.0250, as investors weighed economic uncertainty and shifting central bank expectations. Weak momentum in the Eurozone economy...
Cardano Price Analysis 10,000 new investors acquire ADA ahead of Trump inauguration
Cardano Eyes ETF Approval as Grayscale Files for ADA Fund with NYSE
Grayscale has officially filed for a Cardano (ADA) exchange-traded fund (ETF) with the New York Stock Exchange (NYSE), signaling growing institutional interest in diversified crypto investment products....
australian dollar (1)
Australian dollar remains flat amid rising risk aversion following Trump's tariffs
The Australian dollar remained largely unchanged on Monday, struggling to gain traction as increased risk aversion swept through global markets following the latest round of tariffs announced by the Trump...
EURJPY (1)
EUR/JPY holds near 156.50 as risk-off sentiment and hawkish BoJ weigh on outlook
EUR/JPY held steady around the 156.50 mark on Monday, despite rising downside risks driven by a risk-off mood and hawkish signals from the Bank of Japan (BoJ). As global markets face heightened uncertainty,...
Japanese yen
Japanese yen bulls stay sidelined amid mixed economic signals
The Japanese yen struggled for direction, with bullish bets remaining limited as traders weighed mixed fundamental signals. While expectations of a potential shift in the Bank of Japan’s (BoJ) policy have...
Ripple's XRP ETFs Is SEC approval on the horizon following CME's rumored futures launch
XRP ETFs Have a 65% Chance of Approval as the 2025 Crypto ETF Race Heats Up
The race for crypto exchange-traded funds (ETFs) is gaining momentum, with XRP ETFs now holding a 65% chance of approval as regulatory attitudes toward digital assets continue to shift. With Bitcoin and...
USDINR
USD/INR declines amid possible RBI intervention and US dollar sell-off
USD/INR edged lower as the Indian rupee strengthened, driven by likely intervention from the Reserve Bank of India (RBI) and broad-based selling pressure on the US dollar. The currency pair saw downward...
GBPJPY pumps the brakes, extends into a two day backslide
GBP/JPY Holds Below 188.00, Remains Vulnerable Ahead of BoE Governor Bailey’s Speech
The British pound remained flat against the Japanese yen, with GBP/JPY struggling below 188.00 as traders held back ahead of Bank of England (BoE) Governor Andrew Bailey’s speech. The pair showed little...
NZDUSD remains on the defensive near 0
NZD/USD Slips Below 0.5650 as Trump’s Tariff Threat Pressures Markets
The New Zealand dollar weakened against the US dollar, with NZD/USD slipping below 0.5650, as Trump’s renewed tariff threats fueled market uncertainty. Risk-sensitive currencies like the kiwi came under...
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USDCAD (1)
USD/CAD Price Forecast: Holds position above 1.4400 support near nine-day EMA
The USD/CAD pair remains resilient above 1.4400, holding firm near its nine-day exponential moving average (EMA) as investors assess the outlook for the U.S. dollar and the Canadian economy. The pair’s...
NZDUSD
NZD/USD recovers above 0.5650 amid tariff uncertainty
The New Zealand dollar staged a recovery above 0.5650 against the U.S. dollar, shrugging off earlier pressure from trade uncertainty. Investors remain cautious as ongoing tariff discussions between major...
Australian Dollar edges higher as export prices rise in Q4
Australian Dollar sees modest gain as export prices rise in Q4
The Australian Dollar strengthened as fourth-quarter export prices posted an increase, reinforcing optimism about the country’s trade position. The rise in export prices suggests stronger demand...
BoC’s Macklem Tariff threat affecting Canadian Dollar more than interest rate differences
BoC's Macklem: Tariff concerns weigh on Canadian Dollar more than rate differentials
Bank of Canada Governor Tiff Macklem stated that the Canadian dollar is more affected by tariffs than by the central bank’s interest rate policy. While rate changes can influence currency movements,...
Dollar set to pounce on euro if ECB offers dovish guidance
Dollar poised to target euro if ECB signals dovish direction
The dollar is set to strengthen as investors anticipate a dovish shift from the European Central Bank. Market sentiment suggests that policymakers may signal a potential rate cut, weighing on the euro....
Mexican Peso surges despite hawkish Fed stance
Mexican Peso soars despite Federal Reserve's hawkish stance
The Mexican peso surged against the U.S. dollar despite the Federal Reserve’s reaffirmed hawkish stance. Investors had anticipated a more dovish outlook, but the Fed signaled that interest rates might...
EURUSD middles post-Fed, US GDP data in the pipe
EUR/USD stabilizes after Fed, with US GDP data approaching
The EUR/USD pair remained steady following the Federal Reserve’s latest policy announcement, with traders showing little reaction to the central bank’s decision. The Fed maintained its interest rate...
GBPUSD tests the water near 1
GBP/USD hovers around 1.24 ahead of major US data release
The GBP/USD pair remains near the 1.24 level as traders brace for key US economic data. After a brief rally, the pound has struggled to maintain its momentum amid cautious sentiment in global markets....
aud usd climbs
AUD/USD Bounces Back Following Powell’s Remarks
The Australian dollar rebounded against the U.S. dollar after Federal Reserve Chair Jerome Powell signaled a cautious approach to further rate hikes. AUD/USD gained momentum as traders interpreted Powell’s...
GBPUSD holds steady above 1
GBP/USD Fluctuates but Lacks Direction as Markets Weigh Powell’s Remarks
The British pound traded choppily against the U.S. dollar as markets reacted to Federal Reserve Chair Jerome Powell’s measured remarks on monetary policy. While Powell reiterated the Fed’s data-dependent...
BTC hits $70K as investors lock eyes on US elections in November
Bitcoin soars to $70K with investors focused on US elections this November.
Bitcoin (BTC) has hit a significant milestone, surging to $70,000 as investor interest intensifies ahead of the US elections in November. This rally reflects growing optimism around Bitcoin’s potential...
Why is Dogecoin price up today
What’s driving Dogecoin’s price increase today?
Dogecoin’s price has seen an uptick today, driven by a combination of renewed investor interest and broader positive sentiment in the cryptocurrency market. Part of this momentum is linked to social media...
Hacked
Hackers seize $20 million in crypto from U.S. government, raising security concerns
A recent $20 million theft of cryptocurrency from U.S. government digital wallets has revealed critical security gaps in public sector-held digital assets. The attack, reportedly orchestrated by a skilled...
Microsoft
Microsoft weighs December bitcoin investment amid board reservations
Microsoft is preparing to assess a potential Bitcoin investment this December, joining a list of major companies like Tesla and MicroStrategy that have already ventured into cryptocurrency. However, the...
Bitcoin
Green bitcoin miner eyes AI infrastructure market, sparking investor interest
A leading eco-friendly Bitcoin mining company is positioning itself as a future player in the AI infrastructure sector, drawing in investors who see promise in its dual focus on sustainable energy and...
futuristic illustration of crypto networks
Kraken to launch proprietary blockchain, aiming for greater ecosystem control
Kraken, a leading cryptocurrency exchange, is gearing up to release its own blockchain early next year, a strategic move aimed at gaining more control over its ecosystem and enhancing user services. This...
Binance in Nigeria
Binance executive released from detention in Nigeria, returns amid rising regulatory focus on crypto
A senior Binance executive detained by Nigerian authorities has been released and is now heading home, underscoring the regulatory challenges cryptocurrency companies face in expanding across Africa. The...
Sygnum Bank
Sygnum Bank: Ethereum layer 2 solutions aren't hurting main network revenue yet
Sygnum Bank recently weighed in on the growing Ethereum Layer 2 (L2) sector, noting it is “too early to say” if these scaling solutions are reducing revenue for Ethereum’s primary network. According to...
XRP climbs as new tokens issued on Ripple’s XRP Ledger hit a new all-time high
XRP rises as the number of new tokens on Ripple’s XRP Ledger reaches a record high
XRP prices climbed on Thursday as the number of new tokens issued on Ripple’s XRP Ledger surged to an all-time high, signaling increased activity and development on the blockchain network. The growing...
Crypto Today Bitcoin, Ethereum and XRP note slight increase on Thursday
Cryptocurrency roundup: Bitcoin, Ethereum, and XRP experience slight upticks on Thursday
Bitcoin, Ethereum, and XRP registered slight increases on Thursday, with the broader cryptocurrency market maintaining a steady tone amid relatively calm trading conditions. Bitcoin edged higher, climbing...
ETFs
Investors pull out of thematic ETFs as stock benchmarks hit new highs
As major stock indices continue to soar, investors are moving away from thematic ETFs, favoring broader, more stable investment options. With the recent strength of key benchmarks like the S&P 500...
Stock Market falls
Asian stocks fall as bond market selloff intensifies, shaking global markets
Asian stock markets took a hit on Thursday, following a sharp selloff in bond markets that pushed yields higher and unsettled investors. The rise in bond yields has stoked fears of inflation and tighter...
HIgh Gold
Asian shares rise, gold hits record high as markets digest global uncertainty
Asian stocks advanced on Wednesday, reflecting cautious optimism as global markets sent mixed signals. At the same time, gold soared to a new record high, driven by ongoing concerns about inflation, economic...
Nvidia
Is Now the Moment to Invest in Nvidia? Some Call It a Rare Opportunity
As Nvidia solidifies its leadership in the semiconductor and AI sectors, investors are weighing whether now is the right time to buy into the company. With its stock soaring in recent years, driven by...
Volatility
Veteran fund manager warns of volatility ahead in stock market
A well-known fund manager has offered a sharp warning about the stock market, advising investors to prepare for increased volatility due to looming economic uncertainties. Drawing on their extensive experience...
Indian Stock Market
Indian share market faces pressure as surge in stock supply puts investors on edge
The Indian stock market is under pressure as a surge of new share offerings enters the market, sparking concerns about possible downward pressure on prices. With multiple companies launching large-scale...
Microchip
TSMC stock reaches record high after surpassing earnings expectations
Taiwan Semiconductor Manufacturing Company (TSMC) saw its stock reach an all-time high after delivering earnings that surpassed market expectations, reflecting solid demand for its advanced semiconductors....
Upward Chart for China
Strategist expects further upside in China’s stock market following recent surge
A strategist who correctly predicted the recent China stock market surge is now forecasting additional gains, citing improved market conditions and stronger government support. The outlook remains optimistic...
China Flag
Chinese stock rally fades as government fails to announce major stimulus measures
Chinese stocks lost steam on Thursday after a government briefing failed to deliver the expected economic stimulus that investors had hoped for. The absence of any major new policies left the market disappointed,...
Bank of America
Stock market triggers sell signal last seen in 2021, warns Bank of America
The stock market has flashed a sell signal that hasn’t been seen since February 2021, according to analysts at Bank of America. This warning comes as investors grow increasingly worried about rising interest...

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EUR/USD remains steady amid low trading activity on holiday Monday

The EUR/USD pair traded flat on Monday as market activity remained subdued due to a holiday-thinned session. With U.S. markets closed for Presidents’ Day, liquidity was limited, keeping major currency movements in check. Investors largely refrained from making significant bets as they awaited key economic...

USD/CAD Struggles Below 1.4200, Pressured Near Key Support in Falling Wedge Formation

The USD/CAD pair remains under pressure, struggling to gain momentum below 1.4200, as traders weigh economic uncertainties and shifting market dynamics. The currency pair is hovering near the lower boundary of a falling wedge formation, signaling a potential breakout, but persistent dollar weakness and...

British pound strengthens as market risk sentiment improves

The GBP/USD pair advanced on Thursday, gaining momentum as improved risk appetite pressured the U.S. dollar. Investors moved away from safe-haven assets, boosting demand for the British pound amid shifting market sentiment. The U.S. dollar weakened as Treasury yields edged lower, with traders reassessing...

NZD/USD edges higher as bulls test key resistance level

The New Zealand dollar gained traction against the U.S. dollar, with NZD/USD attempting to reclaim its 20-day simple moving average (SMA) amid shifting market sentiment. The currency pair has shown resilience following recent declines, but upward momentum remains limited as traders weigh broader economic...

Euro weakens further as tariff concerns pressure EUR/USD

The EUR/USD pair declined for a third consecutive session, weighed down by renewed tariff concerns that have dampened investor sentiment. The euro struggled against the dollar as fears of potential trade restrictions between the U.S. and the Eurozone resurfaced, leading to a cautious outlook among traders....

Euro struggles ahead of key U.S. jobs report as market sentiment wavers

The EUR/USD pair remained under pressure as investors braced for the latest U.S. Non-Farm Payrolls (NFP) report, a key indicator of labor market strength and potential Federal Reserve policy moves. Traders exercised caution as the euro struggled to gain momentum amid persistent concerns over economic...

Pound weakens as Bank of England signals policy shift with rate cut

The British pound lost ground against the U.S. dollar after the Bank of England cut interest rates, signaling a shift in monetary policy that weighed on investor sentiment. The GBP/USD pair retreated following the central bank’s move, which was widely anticipated but raised concerns about the economic...

Euro struggles to sustain recovery as EUR/USD aims to reclaim 1.0500

The EUR/USD pair is attempting to recover, but faces significant resistance as it tries to regain the key 1.0500 level. Despite a brief rebound driven by easing market pressures, the euro’s upside momentum remains fragile amid persistent concerns over the eurozone’s economic outlook and shifting U.S....
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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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