The Pound Sterling underperforms the US Dollar as the market sentiment is risk-averse. US President Trump proposes an additional 10% tariffs on China. Investors await the US PCE inflation data that will influence the Fed’s policy outlook. The … [Continue reading]
Austria Producer Price Index (YoY) up to -0.4% in January from previous -1.1%
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]
EUR/JPY falls below 155.50 following BoJ Deputy Governor Uchida’s remarks
EUR/JPY continues its losing streak as BoJ Deputy Governor Shinichi Uchida’s remarks reinforced expectations of further rate hikes. BoJ’s Uchida stated that Japan’s underlying inflation is steadily rising toward the 2% target, strengthening the case … [Continue reading]
Crypto AI altcoin market rallies fueled by NVIDIA’s Q4 earnings: KAITO, GRASS, Berachain price analysis
The crypto AI sector rose 2.3% to reach a $29 billion market cap on Thursday as traders reacted to NVIDIA’s Q4 earnings report. NVIDIA reported $39.3 billion in Q4 revenue, up 12% from the previous quarter and 78% YoY. KAITO, GRASS and Berachain … [Continue reading]
Fed’s Hammack: Further easing in inflation far from certain
Federal Reserve (Fed) Bank of Cleveland President Beth Hammack noted on Thursday that interest rates are likely on hold for the time being as inflation data starts to pose a growing problem for central policymakers. Key highlights Monetary policy … [Continue reading]
GBP: Focus on PM Starmer visit to Washington – Scotiabank
Pound Sterling (GBP) is trading marginally higher against the USD on the session but Cable remains well below yesterday’s intraday high and the lack of new factors driving UK markets this morning suggests limited scope for gains to extend, … [Continue reading]
GBP/USD Forecast: Pound Sterling holds above key technical level
GBP/USD holds above 1.2650 in the European session on Thursday. The near-term technical outlook remains bullish, while 1.2650 holds as support. US President Trump will meet with British Prime Minister Keir Starmer later in the day. GBP/USD … [Continue reading]
USD/INR jumps on month-end US Dollar demand
The Indian Rupee trades on a softer note in Thursday’s early European session. Rising US Dollar demand and continued capital outflows undermine the INR, but RBI intervention might cap its downside. The estimate of the US Q4 GDP report … [Continue reading]
Gold Price Forecast: XAU/USD holds positive ground above $2,900 amid renewed US tariff threats
Gold price posts modest gains to near $2,920 in Thursday’s early Asian session. Uncertainty and safe haven buying provide some support to Gold. A hawkish Fed might cap the upside for the Gold price. Gold price (XAU/USD) trades with … [Continue reading]
AUD/USD tumbles to near 0.6300 as US Dollar extends recovery, soft CPI
Australian Dollar declines as subdued inflation dims hopes for aggressive rate cuts, pressuring the Aussie’s recent rally. US House of Representatives passes Trump’s tax cut bill, elevating the Greenback despite uncertain tariff developments. Softer … [Continue reading]