Japanese Yen edges higher against USD, drags USD/JPY closer to 148.00 mark – FXStreet
The Japanese Yen will defeat a winning streak against USD for two days, further recovering from its weekly lows. Concerns about Trump's trade tariffs and Hawkishboj's expectations continue to serve as a tailwind for JPY. FRB rate cut bets help to bring USD closer to the lows that came a few months ago, helping to […]
Gold price consolidates near one-week top amid trade jitters, bearish USD – FXStreet
Gold prices remain stable near a weekly high, lacking bullish convictions. Trade war horrors, Fed rate reduction measures, and bearish USD support the Xau/USD pair. Positive risk tones limit products ahead of Friday's US NFP report. Gold Price (XAU/USD) struggles firmly during the Asian session, extending the movement of horizontal integrated pricing for the second […]
Gold lacks bullish conviction despite modest USD weakness, rising trade tensions – FXStreet
Gold prices gained some traction on Monday amid a slight waning of the US dollar. They bet that if the Fed cuts interest rates again, the USD will be damaged and will benefit the Xau/USD pair. Concerns about Trump's tariff plans and world trade war also support the goods. Gold Price (XAU/USD) attracts some buyers […]
Gold price dives to over two-week low amid further USD recovery, ahead of US PCE data – FXStreet
Gold prices attract sellers for the second day in a row, amid wide strong US dollars. The risk-off mood and US bond yield slides do little to support precious metals. Traders are currently looking forward to the US PCE Price Index for meaningful driving forces. Gold prices (XAU/USD) are now low for the second day […]
Gold price retreats further from all-time peak amid modest pickup in USD demand – FXStreet
Gold Price pulls back from near its highest peak ever, but its shortcomings seem to be limited. Concerns about Trump's trade tariffs and the world trade war should lend support to bullion. The underlying USD bearish sentiment could contribute to limiting the loss of Xau/USD pairs. Gold Price (XAU/USD) will drop into fresh, low areas […]
Japanese Yen remains depressed amid modest USD strength; downside seems limited – FXStreet
The Japanese yen retreats after touching a week's high against its American counterparts. The rise in bets on the impending BOJ rate rise this year should limit JPY's deeper losses. The narrowing difference in US yields could also support a lower JPY. The Japanese Yen (JPY) has been depressed throughout the early European sessions on […]
Its not just about the yen – USD is broadly lower in Asia Monday trade – ForexLive
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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 […]