Pi Network (PI) edges higher by 4% at press time on Monday, extending its recovery for the third consecutive day after bouncing off the $0.2000 psychological level. Despite the short-term recovery, PI remains at risk of extended correction as … [Continue reading]
China: Export stayed resilient in September on strong demand from nonUS markets – UOB Group
Both China’s export and import growth were well-above Bloomberg’s consensus forecasts in September. China’s exports rose at the fastest pace in six months at 8.3% y/y in September (Bloomberg est: 6.6%, August: 4.4%) and imports jumped sharply by 7.4% … [Continue reading]
EUR/JPY holds gains near 176.50 due to weakening safe-haven demand
EUR/JPY recovers its losses registered in the previous session, trading around 176.50 during the Asian hours on Monday. The currency cross appreciates as the Japanese Yen (JPY) struggles amid dampening safe-haven demand, driven by easing US-China … [Continue reading]
Gold Price Forecast: XAU/USD rises to near $4,050 as Trump’s 100% tariffs ignite safe-haven demand
Gold price (XAU/USD) extends the rally to around $4,040 during the early Asian session on Monday. The escalating trade tensions between the United States (US) and China provide some support to the precious metal. Traders await signs on when the US … [Continue reading]
Bitcoin, crypto market experience largest decline in 2025 as Trump threatens fresh tariffs on China
Bitcoin (BTC) briefly declined nearly 10% on Friday as the crypto market took a sharp downturn following US President Donald Trump's plan to raise tariffs on Chinese goods.Trump tariff threat on China sparks weekend decline in Bitcoin, crypto … [Continue reading]
Trump announces additional tariffs on China, to begin November 1
US President Donald Trump hit markets with a fresh tariff threat on Friday, continuing his lashout at China over their decision to impose even stricter export licensing requirements on foreign entities trying to move critical rare earths minerals out … [Continue reading]
EUR/USD rebounds above 1.1600 as trade war escalates, Macron appoints PM
The EUR/USD pair recovers some ground on Friday, climbing above 1.1600 as the Greenback plunges, driven by an escalation of the trade war between the US and China. However, gains seem capped by the political turmoil and weaker-than-expected data in … [Continue reading]
Dow Jones Industrial Average crumbles on fresh China tariff talk
The Dow Jones Industrial Average (DJIA) soured sharply on Friday, plummeting to its lowest bids in nearly three weeks and declining over 1,000 points top-to-bottom after US President Donald Trump pulled out of upcoming trade talks with Chinese … [Continue reading]
Forecasting the Upcoming Week: Fresh tariff threats sharply adjust market scope
The US Dollar saw a general easing throughout most of the week as investors remained hopeful that everything would work out okay. A renewed uptick in trade war rhetoric from US President Donald Trump at the tail end of the trading week knocked … [Continue reading]
XRP bears tighten grip as risk-off sentiment spreads
Ripple (XRP) is on the back foot on Friday, marking two days of consecutive declines as prices across the cryptocurrency market wobble. Its technical picture leans bearishly, reflecting the negative sentiment in the market. Although Bitcoin hit … [Continue reading]