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 […]
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 […]