The United States (US) Bureau of Labor Statistics (BLS) will release the Nonfarm Payrolls (NFP) data for February at 13:30 GMT. Volatility around the US Dollar (USD) will likely ramp up on the employment report, with investors looking for fresh … [Continue reading]
Japan’s Katayama: Government ready to act to combat economic impact from Iran conflict
Japan’s Finance Minister Satsuki Katayama said on Friday that compiling extra budget would of course be an option as Prime Minister had said before. Katayama added that the government ready to take steps in timely fashion to combat economic … [Continue reading]
Canadian Dollar advances despite lower Oil prices
USD/CAD struggles after registering modest gains in the previous session, trading around 1.3660 during the Asian hours on Friday. However, the downside of the USD/CAD pair could be restrained as the Canadian Dollar (CAD) could face challenges amid … [Continue reading]
USD/MXN jumps above 17.70 as Middle East war spurs risk-off
The Mexican Peso (MXN) depreciates sharply on Thursday as hostilities intensify in the Middle East, triggering a flight to safety, which underpinned the US Dollar (USD). Additionally, solid jobs data in the US decreased the chances that the Federal … [Continue reading]
Dow Jones Industrial Average tumbles as Iran situation broils
The Dow Jones Industrial Average was down 840 points, or 1.73%, to 47,885 at the time of writing, giving back all of Wednesday's gains and then some. The S&P 500 fell 0.82% to around 6,810, while the Nasdaq Composite dipped 0.50% to the 22,690 … [Continue reading]
United States Challenger Job Cuts fell from previous 108.435K to 48.307K in February
Gold price extends its gains for the second successive session on Thursday as traders seek safety amid the ongoing war in the Middle East. US and Israeli strikes across Iranian territory and widespread Iranian missile and drone retaliation across the … [Continue reading]
Switzerland Unemployment Rate s.a (MoM) increased to 3% in February from previous 2.9%
Gold price extends its gains for the second successive session on Thursday as traders seek safety amid the ongoing war in the Middle East. US and Israeli strikes across Iranian territory and widespread Iranian missile and drone retaliation across the … [Continue reading]
Trump presses Congress on CLARITY bill after meeting with Coinbase CEO
US President Donald Trump is urging legislators to pass the CLARITY Act after allegedly meeting with Coinbase CEO Brian Armstrong amid growing dispute over stablecoin yields.Stablecoin yield dispute escalates as Trump presses Senate on crypto … [Continue reading]
Ethereum Price Forecast: ETH jumps alongside a spike in open interest, realized price could limit upside
Ethereum price today: $2,150Ethereum has reclaimed $2,100 as its open interest rose to 13.43M ETH following improved sentiment across risk assets.ETH's average onchain cost basis could stall further price gains as investors may distribute after … [Continue reading]
WTI trims gains after rally to one-year high as traders assess US-Iran conflict
West Texas Intermediate (WTI) Crude Oil trims part of its intraday gains on Wednesday as traders assess geopolitical developments surrounding the US-Iran conflict. At the time of writing, WTI trades near $74.32 after briefly reaching a one-year high … [Continue reading]