Pound Sterling slumps against USD as US NFP looms large – FXStreet
Sterling of the pound is facing pressure on key peers ahead of BOE's monetary policy on Thursday. BOE is widely expected to cut interest rates to 25 bps to 4.5%. Investors are awaiting US NFP data. This will affect the Fed's expectations for its monetary policy outlook. Pound Sterling (GBP) slumps near 1.2440 against the […]
Zero Hash Begins Integrating Ripple’s USD Stablecoin – PYMNTS.com
Cryptocurrency and Stablecoin infrastructure platform Hash Zero It's integrated Ripple's rlusd stablecoin. Integration allows hash customers to access zero to RLUSD XRP ledger and Ethereum According to the Network, Wednesday (February 5th) press release. “Adding RLUSD to our ecosystem demonstrates Zero Hash's commitment to providing customers with access to the most innovative and regulated Stablecoin […]
Pound Sterling flattens against USD ahead of US core PCE inflation – FXStreet
Poundsterling is trading for more than 1.2400, as investors are focusing on US PCE inflationata in December. The threat of tariffs between President Trump's BRICS and his North American colleagues has increased USD's safe home appeal. Investors hope that BOE will resume the interest rate cut cycle on Thursday. Pound Stirling (GBP) is a Friday […]
Japanese Yen extends its steady intraday descent against USD; US PCE data in focus – FXStreet
Japan's yen will decrease in response to Governor Komita's remarks this Friday. BOJ rate hiking beds, geopolitical risks, and fear of trade war can support safe JPY. The suppressed US dollar price action may contribute to the USD/JPY upper limit before US PCE data. The Japanese yen (JPY) attracts the sellers during the day and […]
Trump: Any country trying to replace USD will face tariffs – Forex Factory
dislike The world is progressing from today. Customs duties and sanctions create innovation. This is a long -term loss for the United States, but they can't get out of them, and all other countries will collapse not only in the United States. When it's bad from now on. I think some things are important: 1) […]
Gold extends its consolidative price move on stronger USD, trade war fears – FXStreet
The gold price is struggling to take advantage of the overnight bounce from a few days of trough. US bond rebounds revive USD demand and weigh the XAU/USD pair. Trump trade duties and Fed rates reduction can help you to support precious metals. The gold price (XAU/USD) is depressed by the early European session on […]
Gold price retreats further from multi-month top set on Friday on stronger USD – FXStreet
As US dollars recovered slowly, gold prices have become in the New Year softly. FRB's interest -down observation and decrease in US Treasury yields may reduce further rise in US dollars. Relatulating concerns about the trade war may reduce the loss of the safety currency XAU/USD pair. The gold price (XAU/USD) attracts a slight sale […]
Japanese Yen slides to over one-week low against USD; downside seems limited – FXStreet
The Japanese yen fell against the US yen for the second day in a row. Further recovery in US Treasury yields will support the US dollar and support the USD/JPY pair. Traders are now eyeing President Trump's speech for fresh stimulus ahead of Friday's Bank of Japan decision. The Japanese yen (JPY) has recovered a […]
Gold flirts with multi-week top despite bullish USD; seems poised to climb further – FXStreet
Gold prices have turned positive for the third day in a row, with a variety of factors providing support. Geopolitical risks, trade war concerns, and falling US Treasury yields are supporting the XAU/USD pair. Traders are now hoping for some stimulus from Fed speakers ahead of Friday's US NFP report. Gold prices (XAU/USD) regained positive […]
Japanese Yen bulls remain on the sidelines; seems vulnerable against USD – FXStreet
The Japanese yen has struggled to take advantage of Friday's modest rebound against the US dollar. Questions about the Bank of Japan's interest rate hike plans and the widening gap in yields between Japan and the U.S. are weighing on the yen. Traders are now looking to the US Consumer Confidence Index for short-term stimulus […]