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Latest News
Saturday, 22 Feb, 2025
New Zealand dollar weakens further as RBNZ’s aggressive rate cut shakes markets
Oil prices rise as supply disruptions push WTI crude past $71.50
Japanese Yen Struggles as USD Gains, but Downside Risks Appear Limited
Australian Dollar Holds Steady as RBA’s Bullock Remains Cautious on Inflation
Oil prices steady as OPEC+ weighs delay in production boost
AUD/JPY Faces Nine-Day Support Below 96.50 Ahead of RBA Policy Decision
Chinese Stocks Rebound as Xi Pledges Support for Private Sector
Oil inches up on Kazakhstan supply disruption
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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
Australian Dollar
Australian Dollar Holds Steady as RBA’s Bullock Remains Cautious on Inflation
The Australian dollar traded steady on Tuesday as Reserve Bank of Australia (RBA) Governor Michele Bullock refrained from signaling a clear victory over inflation. While markets had hoped for more definitive...
Audjpy
AUD/JPY Faces Nine-Day Support Below 96.50 Ahead of RBA Policy Decision
The Australian dollar edged lower against the Japanese yen on Tuesday, testing critical support levels below 96.50 as traders positioned themselves ahead of the Reserve Bank of Australia’s (RBA) upcoming...
Stocks fluctuate as bond rally pauses ahead of volatile U.S
Chinese Stocks Rebound as Xi Pledges Support for Private Sector
Chinese stocks rallied on Tuesday as investor sentiment improved following President Xi Jinping’s renewed commitment to supporting the private sector. The rebound came after weeks of volatile trading,...
Japanese Yen (2)
Japanese Yen Struggles as USD Gains, but Downside Risks Appear Limited
The Japanese yen remained under pressure on Tuesday as the U.S. dollar gained modestly, driven by steady demand for safe-haven assets and expectations of prolonged higher interest rates in the U.S. Despite...
GBPUSD (1)
GBP/USD Slips Toward 1.2600 as Markets Brace for UK Jobs Report
The British pound edged lower against the US dollar on Wednesday, with GBP/USD slipping toward 1.2600 as investors turned cautious ahead of key UK labor market data. With market sentiment uncertain, traders...
AUDUSD (2)
Australian Dollar Holds Steady as RBA’s Bullock Remains Cautious on Inflation
The Australian dollar held its ground on Wednesday after Reserve Bank of Australia (RBA) Governor Michele Bullock refrained from declaring victory over inflation, keeping expectations for monetary policy...
Gold (1)
Gold Edges Higher, Steady Above $2,900 Amid Range-Bound Trading
Gold prices edged higher on Wednesday, remaining firmly above the $2,900 mark, as investors balanced safe-haven demand against shifting expectations for global interest rates. Despite lingering market...
USDINR (3)
USD/INR Surges as Foreign Fund Outflows and Strong US Dollar Drive Demand
The USD/INR pair climbed higher on Wednesday, driven by foreign fund outflows and renewed demand for the US dollar as global investors continued to move away from emerging market assets. The rupee struggled...
USDJPY (1)
Japanese Yen Weakens as US Dollar Demand Rises, Pushing USD/JPY Back Above 152.00
The Japanese yen continued to weaken on Wednesday, with USD/JPY reclaiming the 152.00 level as renewed demand for the US dollar overshadowed concerns about potential intervention from Japanese authorities....
Oil
Oil inches up on Kazakhstan supply disruption
Oil prices climbed on Tuesday as supply concerns resurfaced following disruptions in Kazakhstan’s crude exports. The supply outage added to market uncertainty, supporting a modest rebound in oil prices...
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Euro gains against the dollar as market sentiment weakens demand for Greenback
Euro gains against the dollar as market sentiment weakens demand for Greenback
The EUR/USD pair advanced on Thursday, benefiting from a weaker U.S. dollar as investor sentiment shifted away from safe-haven assets. The Greenback struggled against major currencies, with traders adjusting...
AUDJPY
AUD/JPY holds firm near 97.00 amid growing hawkish expectations for BoJ
The Australian dollar held its ground near the 97.00 level against the Japanese yen on Tuesday, supported by increasing expectations that the Bank of Japan (BoJ) will shift toward a more hawkish monetary...
USDCHF - Copy
USD/CHF dips toward 0.9100 as US Dollar weakens
The US dollar lost momentum against the Swiss franc on Tuesday, with USD/CHF edging lower toward the 0.9100 level as traders reacted to softening US economic data and shifting market sentiment. Investors...
Australian dollar weakens as Trump’s metal tariffs add pressure
Australian Dollar Holds Gains but Faces Pressure from Potential US Tariffs
The Australian dollar held steady on Wednesday, maintaining its recent gains despite looming downside risks from potential US reciprocal tariffs. Market sentiment remained cautious as investors assessed...
USDINR
USD/INR Weakens Ahead of Anticipated Trump-Modi Meeting
The Indian rupee saw a softening of its value against the US dollar on Tuesday, with USD/INR trading lower as investors await the high-profile meeting between US former President Donald Trump and Indian...
USDMXN Price Annual Forecast Economic slowdown, monetary policy, Trump to influence the Peso in 2025
Mexican Peso Strengthens as US Dollar Slides
The Mexican peso gained momentum as the US dollar slid, driven by shifting risk sentiment and evolving monetary policy expectations. Investors have turned to emerging market currencies, with the peso benefiting...
GBPUSD (1)
GBP/USD Climbs as Risk Sentiment Improves
The British pound gained ground against the US dollar, with GBP/USD climbing as investor sentiment improved. A shift toward riskier assets supported the pound, while the dollar lost momentum amid easing...
AUD (1)
Australian Dollar Strengthens Amid US Data and Tariff Developments
The Australian dollar (AUD) gained momentum following fresh US economic data and new signals on tariff policy. The move reflects shifting investor sentiment as markets digest signs of potential policy...
US Dollar
US Dollar Slips as Markets React to New Tariff Signals
The US dollar lost ground as investors reacted to fresh signals on potential trade policy changes, fueling uncertainty over the global economic outlook. Renewed speculation about tariff adjustments has...
NZDJPY Price Analysis Pair retreats to 87
NZD/JPY Slides as 20-Day SMA Rejection Intensifies Bearish Pressure
The New Zealand dollar (NZD) extended losses against the Japanese yen (JPY) after failing to break above its 20-day simple moving average (SMA), reinforcing downside pressure on the pair. The rejection...
Bitcoin Posts Its First Weekly Decline Since Trump’s Victory
Bitcoin Experiences Its First Weekly Loss Since Trump’s Election
Bitcoin ended its streak of weekly gains, posting its first decline in months as the broader cryptocurrency market experienced renewed selling pressure. The world’s largest cryptocurrency dropped...
SEC Commissioner Hester Pierce sheds light on Ethereum ETF staking under new administration
SEC Head Hester Pierce discusses Ethereum ETF staking in the new regime
The discussion around Ethereum ETF staking is taking a new turn as SEC Commissioner Hester Pierce highlights its evolving dynamics under the agency’s latest leadership. Pierce’s comments come amid growing...
Pro-Trump policies drive growth in young Crypto users and venture capital
Pro-Trump policies spark growth in younger Crypto users and VC investment
Pro-Trump economic policies are fueling a wave of enthusiasm among young cryptocurrency users, creating a fertile environment for venture capital investment. Tax reforms and deregulation efforts under...
Bitcoin's trajectory shows similarities with previous cycles as long-term holders book profits of $2
Bitcoin's path mirrors past cycles as long-term holders cash out $2.1 billion
Long-term Bitcoin holders have realized $2.1 billion in profits, reflecting patterns seen in past market cycles. This wave of selling suggests confidence among seasoned investors in capitalizing on recent...
bitcoin
Bitcoin drops after Powell says Federal Reserve 'not allowed' to own the cryptocurrency
Bitcoin faced renewed pressure after Federal Reserve Chair Jerome Powell clarified that the central bank is “not allowed” to own cryptocurrencies. The statement, made during a congressional...
Crypto Today Bitcoin holds $104K as XRP, AVAX and Solana traders take profits
Crypto Update: Bitcoin Maintains $104K as XRP, AVAX, and Solana Traders Secure Profits
Bitcoin maintained its position above $104,000, signaling resilience in the face of mixed market sentiment. Traders capitalized on recent gains in XRP, Avalanche (AVAX), and Solana, driving profit-taking...
Bitcoin
Bitcoin rally pauses after scaling $108,000 for the first time
Bitcoin’s unprecedented surge to $108,000 has entered a brief pause, sparking cautious optimism among traders and analysts. The cryptocurrency’s value skyrocketed following increased institutional...
Bitcoin recovers from profit-taking retreat, surges past $107,000
Bitcoin rebounds from sell-off, surges above $107,000
Bitcoin staged a robust recovery, crossing the $107,000 mark after a brief dip triggered by profit-taking. The cryptocurrency had faced selling pressure as traders locked in gains following its recent...
bitcoin
Bitcoin challenges Gold: BTC ETFs manage 88% of assets held by US Gold ETFs
Bitcoin exchange-traded funds (ETFs) are rapidly closing the gap with traditional gold ETFs in the United States. As of December 17, 2024, Bitcoin ETFs have achieved 88% of the assets under management...
Crypto Today Traders bet on Fed cut as Bitcoin, XRP, Solana pull in $130B
Crypto Update: Traders speculate on Fed rate cut as Bitcoin, XRP, Solana attract $130B
In a significant market movement, Bitcoin, XRP, and Solana have collectively attracted over $130 billion in recent investments, signaling robust investor confidence in the cryptocurrency sector. This surge...
Eurozone
Trump tariff plan spurs Eurozone stock market recovery as dollar declines
The announcement of former President Donald Trump’s proposed tariff plan has led to a surprising recovery in Eurozone stocks. As investors recalibrate their expectations, the plan’s potential...
Asian Stocks Rise, Dollar Pares Losses After Slump Markets Wrap
Asian Equities Rise, Dollar Recovers After Decline: Market Summary
Asian equities advanced as market sentiment improved following a volatile trading session in the U.S. Key indexes across the region gained modestly, with Japan’s Nikkei 225 up 0.4% and South Korea’s Kospi...
Asian Stocks Fluctuate After Wall Street Rebound Markets Wrap
Asian Equities Show Mixed Movement After Wall Street Rally: Market Recap
Asian equities traded with mixed performance as investors digested Wall Street’s recovery, fueled by optimism over economic resilience. Despite positive cues from U.S. markets, concerns over global growth...
Oil Rises for Sixth Day as Wider Market Optimism Fuels Bulls
Oil Prices Rise for Sixth Consecutive Day, Boosted by Broader Market Optimism
Oil prices extended their rally for the sixth consecutive day, buoyed by a surge in global market confidence. Investors remain bullish as improved sentiment in equity markets spills over into commodities,...
Solar Stocks Get Boost From Record Tesla Energy Storage Deployments
Solar Stocks Get a Lift from Tesla's Record Energy Storage Deployments
Solar stocks surged after Tesla reported record energy storage deployments in its latest quarterly update. The company installed a staggering 4.2 gigawatt-hours of energy storage systems, a significant...
oil
Oil Surge Breaks Crude Free From Narrow Range with Technical Support
Oil prices rallied sharply, breaking free from a weeks-long tight trading range. The surge was driven by robust technical support levels that reignited bullish momentum in the energy markets. Brent crude...
Asia Kicks Off New Year After Ominous End to 2024 Markets Wrap
Asia starts 2025 after a turbulent end to 2024: Market overview
Asian markets began the new year with a mixed tone, reflecting lingering concerns from a tumultuous close to 2024. Investors remain cautious as global growth fears, inflationary pressures, and geopolitical...
Oil Kicks Off New Year Higher on Signs of Lower US Stockpiles
Oil begins the year with a rise on signs of reduced US stockpiles
Oil prices edged higher at the start of the year, fueled by expectations of lower US crude stockpiles and optimism over global demand. Investors are betting on tighter supplies as preliminary data suggests...
Oil Drifts in Slow Year-End Trade as Investors Weigh 2025 Risks
Oil trends lower in slow year-end trading as investors assess 2025 uncertainties
Oil prices remained stable in subdued year-end trading, as investors assessed potential risks in the global economy heading into 2025. Market activity was muted, with traders reluctant to make bold moves...
Japanese Stocks Rise After Fresh Weakness in Yen Markets Wrap
Japanese equities gain after yen weakness: Market overview
Japanese stocks rose sharply as the yen weakened further against the dollar, bolstering export-driven sectors. The benchmark Nikkei 225 gained momentum, reflecting investor optimism as a softer yen enhances...

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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....
AUDUSD falls after inflation figures and robust US labor data, Trump’s threats

AUD/USD Dips After Inflation Data and Strong US Job Report, Trump’s Warnings

The AUD/USD slipped in the wake of stronger-than-expected U.S. labor market data and subdued Australian inflation figures, which raised concerns over the divergence in monetary policy between the two economies....
Ethereum

Ethereum Price Outlook: ETH Might Drop to $3,110 Despite Whale Accumulation

Ethereum’s price is showing signs of potential decline despite increased accumulation by whale investors. Analysts suggest ETH could drop to $3,110 as bearish trends in the broader cryptocurrency...
Shiba Inu Price Forecast SHIB wallets hit all-time high of 1

Shiba Inu Price Outlook: SHIB Wallets Surge to Record 1.38M Amid ETH, BTC, XRP Decline

Shiba Inu (SHIB) is defying market trends as the number of wallets holding the token surged to an all-time high of 1.38 million, even as major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and XRP...
Gold Price Forecast XAUUSD pressures fresh multi-week highs

Gold Price Outlook: XAU/USD Tests 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,...
Risk market's throttled by a global surge in bond yields

Risk assets face pressure amid global bond yield surge

Global markets faced turbulence as bond yields surged, pressuring equities and heightening fears of a prolonged period of higher interest rates. The sell-off in government bonds was fueled by concerns...
EURUSD Price Forecast Surrenders 1

EUR/USD Price Outlook: Falls below 1.0400 due to strong US data and Trump’s remarks

The EUR/USD fell below the critical 1.0400 level on Wednesday, pressured by stronger-than-expected US economic data and comments from former President Donald Trump. A robust ISM Services PMI reading, signaling...
Ethereum Price Forecast ETH dives over 6_ as staking withdrawals rise

Ethereum Price Outlook: ETH drops over 6% amid rising staking withdrawals

Ethereum (ETH) experienced a sharp decline of over 6% in recent trading, marking one of its steepest single-day losses in recent weeks. The drop coincides with a surge in staking withdrawals, raising concerns...
AUDUSD Price Forecast Rebounds from two-year lows amidst US tariff speculation

AUD/USD Price Outlook: Bounces back from two-year lows amid US tariff speculations

The AUD/USD has staged a recovery after hitting two-year lows, as speculation around potential US tariff adjustments added uncertainty to global markets. The Australian dollar, often considered a barometer...
Ethereum Price Forecast ETH resumes quest to tackle $4,093 resistance as investors begin accumulation

Ethereum Price Outlook: ETH resumes climb toward $4,093 as investors begin to accumulate

Ethereum has resumed its upward momentum as investors ramp up accumulation, signaling renewed confidence in the cryptocurrency market. Following a period of consolidation, ETH’s price movement is now targeting...
Gold Price Forecast XAUUSD firmer above $2,630

Gold Price Outlook: XAU/USD holds steady above $2,630

Gold prices continued their upward momentum, with XAU/USD trading above $2,630, driven by a mix of market optimism and lingering concerns over global economic conditions. The precious metal benefited from...
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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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