EUR/USD edges lower as ECB Lagarde is confident that inflation will sustainably return to the bank's target of 2% sooner. The Fed sees fewer interest rate cuts in 2025 as the disinflation process stalls and amid increasing uncertainty over Trump’s … [Continue reading]
Gold price holds comfortably above $2,600 mark; lacks bullish conviction
Gold price oscillates in a range at the start of a new week amid mixed fundamental cues. Geopolitical risks continue to underpin the XAU/USD amid subdued US Dollar price action. The Fed’s hawkish stance backs elevated US bond yields and caps the … [Continue reading]
Trump announces his picks for key positions in the administration
US President-elect Donald Trump is announcing his picks for key positions in his administration. Trump appoints Scott Bessent to lead the Treasury, Howard Lutnick as Commerce Secretary, and Kevin Hassett to lead the National Economic Council, … [Continue reading]
USD/CAD Price Annual Forecast: Battered Loonie unlikely to be saved by Fed rate cuts
The Canadian Dollar had a rough run in 2024, falling to nearly five-year lows. A rapid pace of rate cuts from the Bank of Canada has widened the CAD’s rate divergence. As the Fed ponders slower moves on interest rates, the Loonie’s rate differential … [Continue reading]
USD/MXN Price Annual Forecast: Economic slowdown, monetary policy, Trump to influence the Peso in 2025
Mexican Peso to be driven in 2025 by monetary policy divergence between Banxico and the Fed. Mexico’s economic slowdown and dynamism in the US will boost the Greenback. The USD/MXN is to be underpinned by Trump's trade policies amid the … [Continue reading]
SEC Commissioner Hester Pierce sheds light on Ethereum ETF staking under new administration
SEC Commissioner Hester Pierce revealed in an interview that the agency is optimistic about new changes in 2025. She shared that there will still be uncertainties with certain decisions, even with the new chairman of the agency. Pierce stated … [Continue reading]
Bitcoin dives 3% from its recent all-time high, is this the cycle top?
Bitcoin investors panicked after the Fed's hawkish rate cut decision, hitting the market with high selling pressure. Bitcoin's four-year market cycle pattern indicates that the recent correction could be temporary. Bitcoin ETFs may have altered the … [Continue reading]
Ripple Price Annual Forecast: Can XRP ride the bullish wave to new highs in 2025?
XRP gained over 250% so far in 2024 following Donald Trump's election victory and SEC Chair Gary Gensler's resignation. The SEC's appeal in its case against Ripple and the potential XRP ETF launch are key factors that could determine XRP's … [Continue reading]
USD/JPY retreats to 156.50 after reaching multi-month highs on softer US PCE data
USD/JPY retreats below 157.00 at the end of the week. Traders dumped the USD after soft PCE data. The Fed's hawkish outlook might limit the pair's downside. The USD/JPY pair pulled back from its highest levels since July, retreating to 156.50 … [Continue reading]
US Dollar edges lower after soft PCE data
DXY slips as profit-taking sets in, falling toward 107.80. Traders parse disinflationary PCE data after Fed’s hawkish cut on Wednesday. The soft inflation readings might not alter the ‘wait and see’ posture of the Fed. The US Dollar Index (DXY), … [Continue reading]