EUR/GBP edges lower on Tuesday after posting modest gains the previous day, when a sharp decline in Oil prices offered some relief to the energy-dependent Eurozone and supported the Euro (EUR). At the time of writing, the cross trades around 0.8336, … [Continue reading]
Silver Price Forecast: XAG/USD seems vulnerable near YTD low, as bears await $49.00 break
Silver (XAG/USD) comes under renewed selling pressure on Tuesday, reversing the previous day's goodish recovery gains and dropping back closer to its lowest level since November 2025, touched last week. The white metal remains heavily offered through … [Continue reading]
North Korea rejects US allegations linking DPRK hackers to $6.3 billion Binance hack
North Korea has pushed back against US allegations that state-backed hackers were responsible for the $6.3 billion exploit targeting crypto exchange Binance, describing Washington's accusations as a political provocation.Kim Yo-jong accuses the US of … [Continue reading]
Yen loses ground to the Dollar despite US-Iran deal hopes
The Dollar fell against the Euro and the Pound on US-Iran diplomacy but not against the Yen, and USD/JPY reached 158.00, its highest since October 29. It dipped to just above 157.50 when the Dollar's slide elsewhere was at its deepest, then climbed … [Continue reading]
Canadian Dollar gains stall as positive US-Iran headlines send Oil lower
USD/CAD trades in a choppy range on Monday as a softer US Dollar (USD) and falling Oil prices pull the pair in opposite directions. At the time of writing, the pair trades around 1.3975 after touching 1.3941 on Friday, its lowest level since … [Continue reading]
US Dollar: Weak momentum faces midterm and payrolls tests – DBS
DBS Group Research economist Philip Wee notes that the Dollar Index slipped back below 102 following the October 28 FOMC meeting, with US GDP and PCE data failing to revive USD momentum. He highlights declining 10-year Treasury yields and concerns … [Continue reading]
British Pound: Resilience sustained but bar higher – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong see British Pound (GBP) resilience extending into early 2027, supported by fiscal discipline, upgraded UK growth forecasts and greater political stability. EUR/GBP projections are revised to reflect … [Continue reading]
AUD/JPY Price Forecast: Holds gains near 111.00, but maintains bearish tone below 100-day SMA
The AUD/JPY cross trades in positive territory around 110.90 during the early European trading hours on Monday. Growing expectations for an imminent interest rate hike from the RBA provide some support to the Australian Dollar (AUD) against the … [Continue reading]
Ukraine resumes strikes on Russian oil refineries
Ukraine has resumed its attacks on Russian oil refineries in defiance of pressure from US President Donald Trump ahead of the US midterm elections, ending a pause of about two weeks in such attacks, the Guardian reported on Sunday.Ukrainian drones … [Continue reading]
Tether Q3 profit hits $1.5B as reserve buffer nears $8B
Tether reported $1.5 billion in net operating profit in the third quarter, the same level as in Q2 2026.According to its Q3 report on Friday, the company generated $4.5 billion in net operating profit during the first nine months of the year. In the … [Continue reading]