Ethereum experienced $88 million in futures liquidations over the past 24 hours, comprising $63 million and $25 million in long and short liquidations, according to Coinglass data. Following a rejection just above $4,600, ETH is testing the support … [Continue reading]
EUR/USD edges higher as Fed turmoil and safe-haven flows pressure US Dollar
EUR/USD climbs 0.43% as traders discount upbeat US GDP and jobless claims, focusing instead on Fed turmoil.Trump–Fed clash and safe-haven flows into Euro, Yen and Swiss Franc weigh on the US Dollar momentum.French confidence vote looms, threatening … [Continue reading]
United States 4-Week Bill Auction: 4.245% vs previous 4.3%
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]
GBP extending recovery in quiet week – Scotiabank
The Pound Sterling (GBP) is steady against the US Dollar (USD), trading with modest support as it extends Wednesday’s bull reversal, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report. Markets eye Fed/BoE divergence"Movement has … [Continue reading]
BoJ’s Nakagawa says will make policy decisions at each meeting based on hard data
Bank of Japan (BoJ) monetary policy board member Junko Nakagawa said on Thursday that the central bank will gather information as much as possible ahead of every policy meeting to avoid falling behind the curve, given solid wage growth over the last … [Continue reading]
BoJ’s Nakagawa: Will continue to raise interest rate if economic, inflation outlook realized
Bank of Japan (BoJ) monetary policy board member Junko Nakagawa said on Thursday, “if its outlook for economic activity and prices is realized, BoJ will continue to raise the policy interest rate.”Additional quotesHigh uncertainties remain over … [Continue reading]
Aave launches institutional stablecoin lending platform Horizon in partnership with Centrifuge, Circle, others
Aave Labs has launched Horizon, a platform that permits stablecoin loans backed by tokenized RWAs.The platform launched in partnership with Centrifuge, Circle, Ethena and VanEck.AAVE is down over 3% in the past 24 hours despite the development.Aave … [Continue reading]
Gold Price Forecast: XAU/USD flirting with $3,400, record highs in sight
XAU/USD Current price: $3,396.35Tensions between US President Trump and the Federal Reserve weigh on markets.The United States will release relevant macroeconomic data ahead of the weekend.XAU/USD aims to recover past $3,400 and could soon retest … [Continue reading]
Fed’s Williams: Economy is going through an adjustment process
In an interview with CNBC on Wednesday, Federal Reserve Bank of New York President John Williams said that he expects the Gross Domestic Product growth will continue to slow, per Reuters.Key takeaways"Economy is going through an adjustment … [Continue reading]
Silver Price Forecast: XAG/USD retreats below $38.50 amid a firmer Dollar
Silver drifts lower from highs above $39.00 amid US Dollar strength.Concerns about France's government collapse are offsetting investors' doubts about the Fed's independence.XAG/USD bears are testing support at $38.35.Silver’s (XAG/USD) accelerates … [Continue reading]