Gold price retraces to near $3,310 as US President Trump signaled progress in trade talks with Japan and Mexico.The US-China dignity war will keep the downside of the Gold price limited.US-Japan trade talks and Fed Powell’s hawkish remarks have … [Continue reading]
EUR: Consensus cut, no guidance by ECB – ING
We expect a 25bp rate cut by the ECB today. Consensus is unanimous, and markets are fully pricing in the move, so the impact on the euro may prove limited, ING's FX analyst Francesco Pesole notes. Tactical target for EUR/USD is at 1.15 "We don’t … [Continue reading]
Australian Dollar moves little following mixed employment figures
The Australian Dollar stagnated as Employment Change came in at 32.2K, against the consensus forecast of 40K.Australia’s Unemployment Rate rose to 4.1% in March, slightly below the market forecast of 4.2%.The US Dollar received support due to … [Continue reading]
New Zealand’s CPI inflation rises to 2.5% YoY in Q1 vs. 2.3% expected
New Zealand’s Consumer Price Index (CPI) rose 2.5% YoY in the first quarter (Q1) of 2025, compared with the 2.2% increase seen in the fourth quarter of 2024, according to the latest data published by Statistics New Zealand on Thursday. … [Continue reading]
EUR/USD Price Forecast: Door remains open to extra gains near term
EUR/USD made a U-turn and approached the ley 1.1400 mark.The US Dollar resumed its decline and hovered over three-year lows.US Retail Sales surprised to the upside in March.The Euro (EUR) managed to regain steam on Wednesday, revisiting the area of … [Continue reading]
BoC Governor Macklem speaks on outlook after leaving rates unchanged
Bank of Canada (BoC) Governor Tiff Macklem outlines the central bank’s policy outlook and addresses questions from reporters after the BoC kept its policy rate at 2.75%, as broadly anticipated.[embedded content]This section below was published at … [Continue reading]
Germany 30-y Bond Auction: 2.83% vs previous 3.11%
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]
ZKsync suffers security breach; hackers steal $5 million worth of ZK tokens
ZKsync, an Ethereum layer-2 scaling solution, reported on Tuesday that its admin wallet was compromised.The hacker minted 111 million unclaimed ZK tokens worth $5 million.The ZK token price dipped nearly 19% and closed at a 5% loss.ZKsync (ZK), an … [Continue reading]
USD/CAD flat lines near 1.3950, BoC rate decision in the spotlight
USD/CAD trades flat around 1.3955 in Wednesday’s early Asian session. The BoC is expected to hold interest rates steady on Wednesday. Trump said the auto industry could get exemptions from tariffs. The USD/CAD pair holds steady near … [Continue reading]
Ethereum Price Forecast: ETH staking balance declines as whales resume buying
Ethereum price today:Ethereum's total value staked has been on a downtrend in the past five days, declining by 120K ETH.In contrast, Ethereum whales resumed accumulation, scooping up 320K ETH on Tuesday.ETH could decline to $1,522 if bulls fail to … [Continue reading]