The US Dollar Index soars above 106.50 on Monday. DXY surges higher driven by Trump's warnings on tariffs against BRICS nations Strong November ISM manufacturing PMI helps the USD. The US Dollar Index (DXY), which measures the value of the USD … [Continue reading]
Pound Sterling weakens against US Dollar after Trump threatens to tariff BRICS
The Pound Sterling falls on Monday against the US Dollar after Donald Trump threatened BRICS with 100% tariffs, supporting the Greenback. Trump said he would impose tariffs if the trading group tried to replace the US Dollar with their own … [Continue reading]
United Kingdom S&P Global/CIPS Manufacturing PMI below expectations (48.6) in November: Actual (48)
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]
USD/INR edges higher as Trump’s tariff threats to BRICS boost the US Dollar
The Indian Rupee weakens in Monday’s early European session. The Indian November HSBC Manufacturing PMI came in at 56.5 vs. 57.5 prior, weaker than expected. Persistent portfolio outflows and weak domestic macroeconomic data undermine … [Continue reading]
Australia’s Retail Sales climb 0.6% MoM in October vs. 0.3% expected
Australia’s Retail Sales, a measure of the country’s consumer spending, climbed 0.6% MoM in October, compared to a rise of 0.1% in September, the official data published by the Australian Bureau of Statistics (ABS) showed on Monday.The reading … [Continue reading]
China NBS Non-Manufacturing PMI came in at 50 below forecasts (50.2) in November
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]
China NBS Manufacturing PMI meets expectations (50.3) in November
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’s XRP crosses $100 billion market cap following high expectations for its stablecoin and ETF approvals
Ripple’s XRP rose to $1.7 after rumors of RLUSD approval by New York regulators made the headlines. Bitwise's André Dragosch stated that an XRP approval is even more likely in 2025 as retail investors show higher demands. XRP could extend its rally … [Continue reading]
Ethereum Price Forecast: ETH eyes yearly high resistance of $4,093 amid heightened interest among US traders
Ethereum price today: $3,600 Ethereum CME open interest growth reaches new all-time high. Ethereum USDT supply sees its highest monthly growth of 27% in November. ETH could extend its rally to test its yearly high resistance of $4,093 after surging … [Continue reading]
Gold spikes amid tensions but can’t shake off weekly losses
Gold gains 0.67% in late session, but geopolitical strife keeps it above $2,600 despite monthly losses. Escalation in Russia-Ukraine conflict and Middle East tensions underline Gold's safe-haven appeal. Market optimism grows for a 25 bps Fed rate cut … [Continue reading]