Bitcoin, Ethereum and Ripple begin the week on a constructive note, extending gains after surging over 6%, 4% and 2% last week. BTC holds above $79,000, ETH closes above the 100-day Exponential Moving Average at $2,353, while XRP continues to … [Continue reading]
Iran’s Araghchi holds talks with Oman on ending war and securing Hormuz
Iran's Foreign Minister Abbas Araghchi held talks in Oman on Sunday and discussed security in the Strait of Hormuz and broader Gulf waters and diplomatic efforts to end the Iran-US conflict, Reuters reported on Sunday.Araghchi said that the US … [Continue reading]
USD/SGD: Upside risks as Hormuz crisis persists – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong flag slight upside risks for USD/SGD as the Hormuz standoff weighs on risk appetite and imported cost pressures. While Singapore Dollar (SGD) remains a regional defensive currency, they note fading … [Continue reading]
Chainlink expands tokenization infrastructure with AWS Marketplace integration
Chainlink (LINK) has launched its Data Standard on the Amazon Web Services (AWS) Marketplace, giving developers and financial institutions direct access to blockchain connectivity tools through AWS infrastructure.The launch brings Chainlink Data … [Continue reading]
PHP: BSP starts new hiking cycle – Commerzbank
Commerzbank highlights that BSP raised its policy rate by 25bp to 4.50%, signalling the start of a new tightening cycle to anchor inflation expectations. Despite a hawkish tone and higher inflation forecasts, the Peso underperforming regional peers … [Continue reading]
USD/TWD: Rebound seen as fadeable – OCBC
OCBC strategists Sim Moh Siong and Christopher Wong describe a technical rebound in USD/TWD driven by broader US Dollar (USD) strength and risk aversion linked to the US‑Iran ceasefire stalemate. While near-term upside risks persist, they still … [Continue reading]
PBoC: Steepening bias as industrial activity holds – DBS
DBS Group Research economist Samuel Tse analyses recent steepening in Chinese Yuan (CNY) rates, linking it to a ceasefire between the United States (US) and Iran and stronger-than-expected Q1 growth in China. He highlights resilient Purchasing … [Continue reading]
USD/CHF Price Forecast: Rejected at 100-day SMA, eyes on 0.7800
USD/CHF dropped on Friday but finished the week with gains of over 0.35%, trading at 0.7841 as market participants grew confident that US-Iran talks could resume over the weekend to resolve the conflict.USD/CHF Price Forecast: Technical OutlookFrom a … [Continue reading]
USD/IDR: Upside risks widen on fiscal concerns – MUFG
Lloyd Chan at MUFG highlights that USD/IDR has broken to fresh highs, overshooting earlier expectations for near-term stabilization. The move is attributed more to domestic confidence and fiscal uncertainty than broad US Dollar (USD) strength. While … [Continue reading]
Silver Price Analysis: XAG advances but stalls at technical confluence near $75
Silver (XAG/USD) price edges up over 0.50% during Friday’s session, after bouncing off a daily low of $73.95. Speculation about a resumption of negotiations between Washington and Tehran is cheered by investors, which pushed US equities higher in … [Continue reading]