USD/JPY drops sharply as renewed verbal intervention from Japan’s finance minister and weaker global equities spark safe-haven demand and short-covering in Japanese Yen (JPY), ING's FX analyst Francesco Pesole notes.Equity selloff and short covering … [Continue reading]
EUR/JPY depreciates toward 177.00 due to possible BoJ rate hikes
EUR/JPY continues its losses, trading around 177.20 during the Asian hours on Tuesday. The currency cross struggles as the Japanese Yen (JPY) receives support from last week’s hawkish comments from the Bank of Japan (BoJ) Governor Kazuo Ueda, … [Continue reading]
Japan Jibun Bank Manufacturing PMI came in at 48.2, below expectations (48.3) in October
The Reserve Bank of Australia is widely expected to maintain the Official Cash Rate at 3.6% after its November monetary policy meeting on Tuesday. The decision will be announced at 03:30 GMT. The Monetary Policy Statement will be accompanied by … [Continue reading]
Argentina Tax Revenue (MoM) declined to 16B in September from previous 15445B
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Ripple Price Forecast: XRP risks another 10% plunge as retail demand wobbles
Ripple (XRP) recovery remains elusive, trading above $2.40 at the time of writing on Monday. The broader cryptocurrency market is heavily weighed down by risk-off sentiment, triggering a persistent sell-off. Meanwhile, demand for XRP has … [Continue reading]
Pound Sterling wobbles against US Dollar ahead of US ISM Manufacturing PMI
The Pound Sterling (GBP) trades cautiously against its peers at the start of the week. The British currency is expected to remain volatile amid uncertainty surrounding the Bank of England’s (BoE) interest rate policy, which will be announced on … [Continue reading]
USD/INR exhibits strength as US Dollar continues to outperform
The Indian Rupee (INR) opens on a flat note against the US Dollar (USD) near its over two-week high around 88.95 at the start of the new month on Monday. The USD/INR pair aims to extend its six-day winning streak as the Indian Rupee (INR) … [Continue reading]
US President Donald Trump says will block Nvidia’s Blackwell AI chip sales to China
US President Donald Trump said that the United States (US) will prevent China from obtaining Nvidia’s most advanced semiconductor technology, CBS News reported on Monday. Trump underscored national security risks as Washington’s continued focus … [Continue reading]
Tokenization market to reach $2 trillion by 2028, Ethereum to dominate: Standard Chartered
Standard Chartered Bank projects that the market value of tokenized real-world assets, excluding stablecoins, could surge from around $35 billion today to nearly $2 trillion by 2028.Standard Chartered predicts tokenization market will boom to $2 … [Continue reading]
Tether reveals profit growth to $10 billion in Q3
Tether, the issuer of the USDT stablecoin, stated in its Q3 report that it minted over $17 billion of USDT in the third quarter, with net profit climbing to $10 billion year-to-date.Tether posts strong profit of $10 billion so far in 2025Tether has … [Continue reading]