Gold price extends its gains for the second successive session on Thursday as traders seek safety amid the ongoing war in the Middle East. US and Israeli strikes across Iranian territory and widespread Iranian missile and drone retaliation across the … [Continue reading]
Trump presses Congress on CLARITY bill after meeting with Coinbase CEO
US President Donald Trump is urging legislators to pass the CLARITY Act after allegedly meeting with Coinbase CEO Brian Armstrong amid growing dispute over stablecoin yields.Stablecoin yield dispute escalates as Trump presses Senate on crypto … [Continue reading]
Ethereum Price Forecast: ETH jumps alongside a spike in open interest, realized price could limit upside
Ethereum price today: $2,150Ethereum has reclaimed $2,100 as its open interest rose to 13.43M ETH following improved sentiment across risk assets.ETH's average onchain cost basis could stall further price gains as investors may distribute after … [Continue reading]
WTI trims gains after rally to one-year high as traders assess US-Iran conflict
West Texas Intermediate (WTI) Crude Oil trims part of its intraday gains on Wednesday as traders assess geopolitical developments surrounding the US-Iran conflict. At the time of writing, WTI trades near $74.32 after briefly reaching a one-year high … [Continue reading]
Canada: Growth gap versus United States seen widening – NBC
National Bank of Canada (NBC) economist Taylor Schleich highlights that since 2022, U.S. real GDP growth have outpaced Canada. The report attributes Canada’s underperformance to weaker consumption, exports and especially business investment, and … [Continue reading]
United Kingdom S&P Global Services PMI meets forecasts (53.9) in February
Bitcoin, Ethereum and Ripple prices trade with a cautious tone at the time of writing on Wednesday as upside momentum continues to fade across the broader crypto market. BTC remains within a parallel channel, ETH struggles below key resistance, … [Continue reading]
USD/CHF weakens to near 0.7800 as Middle East tensions lift Swiss Franc
The USD/CHF pair loses traction to around 0.7805 during the early European session on Wednesday. The Swiss Franc (CHF) gathers strength against the Greenback on safe-haven flows stemming from Middle East tensions.The US and Israel’s attacks on Iran … [Continue reading]
Australia Gross Domestic Product (QoQ) above expectations (0.6%) in 4Q: Actual (0.8%)
GBP/USD fell about 0.35% on Tuesday, settling around 1.3350 after slipping below the 200-day Exponential Moving Average for the first time since early December. The pair has pulled back sharply from its late-January high near 1.3870, … [Continue reading]
US Dollar Index rallies toward 100.00 as Iran conflict drives safe-haven flows
The DXY jumped about 0.55% on Tuesday, rallying to around 99.09 and extending Monday's sharp move higher. The index has broken decisively out of the 97.00 to 98.50 consolidation range that held through most of February, with Monday's strong bullish … [Continue reading]
Australian Dollar Price Forecast: Recalibrating
AUD/USD weakens further alongside the rest of its risk-linked peers, breaching below the 0.7000 support and exposing extra weakness in the short-term horizon. The Aussie continues to draw underlying support from sticky domestic inflation and a … [Continue reading]