It was green across the board for US Stock market indexes at the close on Wednesday, with most S&P 500 names ending higher, adding 38 points (0.6%) to 6,881 overall. At the GICS sector level, energy led gains, followed by technology and … [Continue reading]
AUD/USD Price Forecast: Advancing 20-day EMA backs more upside
The AUD/USD pair trades 0.27% higher to near 0.7065 during the European trading session on Thursday. The Aussie pair gains as the Australian Dollar (AUD) outperforms, following the release of the labor market data for January.Earlier in the day, the … [Continue reading]
USD/CAD: Triangle consolidation caps upside – Scotiabank
Scotiabank Scotiabank analysts Shaun Osborne and Eric Theoret note the Canadian Dollar is slightly weaker but holding above 1.37, with USDCAD tracking broader Dollar moves. Their fair value estimate has edged up to 1.3625, reflecting less favourable … [Continue reading]
Canadian Dollar strengthens to near 1.3700 on higher crude oil prices
The USD/CAD pair loses ground to around 1.3695 during the Asian trading hours on Thursday, pressured by higher crude oil prices. Nonetheless, softer Canadian inflation data has raised prospects the Bank of Canada (BoC) would resume its interest … [Continue reading]
Australia unemployment rate set to edge up within overall strong labor market
The Australian monthly employment report is scheduled for release on Thursday at 00:30 GMT, and market participants anticipate a modest increase in jobs in January. The Australian Bureau of Statistics (ABS) is expected to announce that the country … [Continue reading]
WTI crude oil surges on Iran nuclear talk uncertainty and Strait of Hormuz closure
Oil prices whipsawed this week as the second round of US-Iran nuclear negotiations in Geneva dominated sentiment. Both sides reported progress on broad principles, but Iran continues to reject Washington's demand for zero uranium enrichment while the … [Continue reading]
Ripple Price Forecast: XRP supported above $1.40 despite cooling buying activity
Ripple (XRP) is supported above $1.40, and trading around $1.47 at the time of writing on Wednesday. The increase, although minor, has erased losses posted the previous day. However, low activity in both the institutional and retail environments may … [Continue reading]
South Africa Consumer Price Index (MoM) remains unchanged at 0.2% in January
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]
Top Crypto Gainers: Jito drops, Morpho holds steady, Convex Finance climbs
Decentralized Finance (DeFi) tokens, including Jito (JTO), Morpho (MORPHO), and Convex Finance (CVX), rank among the top-performing crypto assets over the last 24 hours. Jito dips on Wednesday after rallying 22% the previous day on the launch of a … [Continue reading]
China: Growth slowdown and export risks – BNP Paribas
BNP Paribas analysts see Chinese GDP growth at 5.0% in 2025, easing moderately in 2026 as domestic demand weakens and property sector stress persists. Authorities are expected to maintain supportive but cautious fiscal and monetary policies, … [Continue reading]