The DXY remains stuck around 106.00, looking for direction on Presidents’ Day. Fed funds futures price in 50 basis points of rate cuts for 2025 after weak Retail Sales data. Traders are eyeing global February PMI readings on Friday for potential … [Continue reading]
GBP/USD holds gains near 1.2600 in quiet US holiday trade
GBP/USD maintains last week’s gains after upbeat UK GDP data. BoE’s Catherine Mann signals dovish shift, weighing on sentiment. Traders eye UK jobs, inflation data; Fed speakers and FOMC minutes ahead. The Pound Sterling registered modest gains … [Continue reading]
Five fundamentals for the week: Peace talks, Fed minutes and German election stand out
US-Russian talks about Ukraine are closely watched and will impact the Euro and Oil. The FOMC Meeting Minutes will likely show a hawkish view, cooling markets. Over the weekend, the German federal election is set to determine next week’s opening. US … [Continue reading]
USD/INR strengthens as traders await Indian Trade Balance, US tariff details
The Indian Rupee trades in negative territory in Monday's early European session. Indian economic slowdown, foreign outflows and RBI rate cuts continue to undermine the INR. The RBI intervention and lower crude oil prices might cap … [Continue reading]
South Korea Trade Balance climbed from previous $-1.89B to $-1.86B in January
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]
New Zealand Business NZ PSI rose from previous 47.9 to 50.4 in January
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]
Bitcoin (BTC) vs Gold (XAU): Asset Tokenization expert weighs impact of US Inflation on 2025 price trends
Bitcoin price has faced downward pressure, dropping 6% in February due to U.S. tariff wars and inflation concerns. Gold prices have climbed 6% over the same period, as investors hedge against economic uncertainty. The RWA sector, including tokenized … [Continue reading]
Dogecoin (DOGE) Price mirrors XRP rally as SEC acknowledges Grayscale ETF Filings
Dogecoin price rose 3% on Friday, crossing the $0.28 level for the first time in 10 days. Dogecoin open interest at $2.42 billion declined by $60 million in the last 48 hours, signaling short traders closing positions. Technical indicators suggest … [Continue reading]
Crypto task force eyes ETF staking; what could it mean for crypto ETFs?
The SEC met with Jito Labs and Multicoin Capital to discuss regulatory issues surrounding crypto assets. A major subject of discussion was the approval of staking features for crypto ETFs. NYSE Arca filed with the SEC for Grayscale to allow staking … [Continue reading]
US states advance Bitcoin reserve legislation as Abu Dhabi discloses over $460 million investment in BTC ETFs
Lawmakers in twenty US states have introduced bills proposing the establishment of Bitcoin reserves. VanEck's Mathew Sigel suggested that the approval of these bills could stir close to $23 billion in inflows into Bitcoin. Abu Dhabi sovereign wealth … [Continue reading]