Gold price receives support from safe-haven flows as Joe Biden discussed contingency plans to strike Iran’s nuclear facilities. The dollar-denominated Gold could struggle as the US Dollar Index trades around its multi-year high of 109.56, reached on … [Continue reading]
Ripple’s XRP shows upside bias in first two days of 2025
XRP long-term holders soaked up short-term holders' recent profit-taking as they resumed accumulation. Buyers across top exchanges have dominated sellers since the beginning of 2025. XRP could test the $2.9 resistance after breaking out of a key … [Continue reading]
GBP/USD forecast: 2024 low at siege amid risk aversion
UK manufacturing output contracted by more than anticipated in December. Market players buy the Greenback as mounting uncertainty weighs. GBP/USD pressures fresh multi-month lows with a firmly bearish stance. The US Dollar (USD) resumed its advance … [Continue reading]
EUR/USD Price Forecast: Sellers maintain the pressure, aim for sub-1.0300 levels
EUR/USD Current price: 1.0330 The Hamburg Commercial Bank downwardly revised the December EU Manufacturing PMI. United States indexes aim to start the day with modest gains despite the souring mood. EUR/USD trades near a fresh two-year low and looks … [Continue reading]
Spain HCOB Manufacturing PMI below forecasts (53.5) in December: Actual (53.3)
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]
USD/JPY edges higher above 157.00 amid holiday in Japan
USD/JPY gathers strength to near 157.30 in Thursday’s Asian session. The bets on fewer cuts by the Fed this year support the USD. BoJ's Ueda expected further progress in hitting the price target this year. The USD/JPY pair gains … [Continue reading]
Lagarde speech: ECB hopes to hit 2% inflation target in 2025
European Central Bank (ECB) President Lagarde said on Wednesday that the central bank hopes to hit the 2% inflation target in 2025 Key quotes “We have made significant progress in 2024 in bringing down inflation and hopefully 2025 is the year when … [Continue reading]
United States API Weekly Crude Oil Stock came in at -1.442M, above forecasts (-3M) in December 27
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]
Ethereum Price Forecast: ETH could see new all-time high in 2025 as blobs top burn leaderboard
Ethereum blobs has ranked number one on the ETH burn leaderboard in the past seven days. Blob space could flip the script and reinforce Ethereum's ultrasound money narrative. ETH's next trend could be determined by a move outside the $3,250 and … [Continue reading]
XAU/USD holds stubbornly above $2,600 as the year draws to a close
XAU/USD is holding north of $2,600/ounce, but topside momentum remains limited. Another spat of risk-off market sentiment pushed Gold higher on the year-end market session. Global markets will largely be shuttered on Wednesday for the New Year’s … [Continue reading]