Precious metals traders tied to China’s vast supply chain are staring at losses of at least 1 billion yuan, or $144 million, after a key counterparty disappeared and left contracts unfinished. The cen...
Category: Finance
Live Finance News Updates.
Justin Sun Faces Allegations of Tron (TRX) Price Manipulation
AltcoinsCrime New allegations have surfaced accusing Justin Sun of orchestrating price manipulation involving TRX, the native token of the TRON, during the project’s early development phase. Key takea...
How will incoming Fed chairman Kevin Warsh handle $6.6T balance sheet and QE legacy?
President Donald Trump picked Kevin Warsh to run the world’s most powerful central bank on earth in 2026, and the biggest problem on his desk is the Fed’s $6.6 trillion balance sheet. Everyone keeps t...
Strong momentum suggests further advance – UOB Group
UOB Group’s report, authored by Quek Ser Leang and Lee Sue Ann, indicates that USD/JPY is likely to continue its upward trajectory, with strong momentum suggesting a potential advance towards th...
Pound Sterling softens below 1.3700 as Trump picks Warsh for Fed
The GBP/USD pair loses ground to around 1.3670 during the early European session on Monday, pressured by renewed US Dollar demand. Signs of political stability in the United States (US) provide some s...
Decline could extend to 0.6905 – UOB Group
The report from UOB Group, authored by Quek Ser Leang and Lee Sue Ann, suggests that AUD/USD could see a sharp decline, potentially extending to 0.6905 before stabilization occurs. The analysis indica...
EUR/USD trades weakly near 1.1850 as Warsh’s nomination boosts USD’s appeal
The EUR/USD pair holds onto Friday’s losses near 1.1850 during the late Asian trading session on Monday. The major currency pair faces selling pressure as the US Dollar (USD) trades firmly, following ...
Indian Rupee gains on RBI’s intervention following India’s budget release
The Indian Rupee (INR) gains against the US Dollar (USD) in the opening session on Monday, following the fiscal budget Financial Year (FY) 2026-27 announcement by the Indian government on Sunday. The ...
WTI falls below $62.00 amid US-Iran deal hopes
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.80 during the early European trading hours on Monday. The WTI price falls by 5.65% on easing US-Iran tensions. Traders ...
This crash was not “Bad luck” (Elliott Wave analysis) [Video]
Was the recent crash just ‘bad luck’ or a technical inevitability? In this video, we decode the market’s hidden signals using Elliott Wave analysis. We break down why the Nifty and B...
GBP/USD trades flat around 1.3695 early Asian session
GBP/USD holds steady near 1.3700 as markets assess Warsh’s Fed outlook The GBP/USD pair trades on a flat note near 1.3695 during the early Asian session on Monday. Traders weigh what a Federal R...
Gold price in Saudi Arabia: Rates on February 2
Gold prices fell in Saudi Arabia on Monday, according to data compiled by FXStreet. The price for Gold stood at 560.57 Saudi Riyals (SAR) per gram, down compared with the SAR 585.06 it cost on Friday....
USD/CAD remains stronger near 1.3650 as Oil prices decline
USD/CAD extends its gains for the second successive session, trading around 1.3660 during the Asian hours on Monday. The pair remains stronger as the commodity-linked Canadian Dollar (CAD) struggles a...
Gold price in Philippines: Rates on February 2
Gold prices fell in Philippines on Monday, according to data compiled by FXStreet. The price for Gold stood at 8,817.95 Philippine Pesos (PHP) per gram, down compared with the PHP 9,188.20 it cost on ...
Gold price in United Arab Emirates: Rates on February 2
Gold prices fell in United Arab Emirates on Monday, according to data compiled by FXStreet. The price for Gold stood at 548.72 United Arab Emirates Dirhams (AED) per gram, down compared with the AED 5...
Another Cross-Chain Protocol Falls Victim to Bridge Exploit
Crime Cross-chain protocol CrossCurve has confirmed an active security incident after attackers exploited a flaw in one of its bridge-related smart contracts, draining roughly $3 million in assets acr...
Gold price in Pakistan: Rates on February 2
Gold prices fell in Pakistan on Monday, according to data compiled by FXStreet. The price for Gold stood at 41,963.05 Pakistani Rupees (PKR) per gram, down compared with the PKR 43,921.50 it cost on F...
Daily Presale Auctions Push ZKP Demand Sky-High as Pepe and Solana Fade
Altcoins Learn why Pepe and Solana are losing momentum as market caution grows, while ZKP is entering the best crypto to buy today discussion with a 190M-tokens daily presale auction! The broader cryp...
Gold price in India: Rates on February 2
Gold prices fell in India on Monday, according to data compiled by FXStreet. The price for Gold stood at 13,608.64 Indian Rupees (INR) per gram, down compared with the INR 14,320.78 it cost on Friday....
Gold price in Malaysia: Rates on February 2
Gold prices fell in Malaysia on Monday, according to data compiled by FXStreet. The price for Gold stood at 584.43 Malaysian Ringgits (MYR) per gram, down compared with the MYR 614.88 it cost on Frida...
Australian Dollar weakens despite China’s RatingDog PMI uptick
The Australian Dollar (AUD) weakens against the US Dollar (USD) on Monday after registering over 1% losses in the previous session. The AUD/USD pair remains subdued following China’s RatingDog M...
XAG/USD gauges temporary support above $70 at the start of US NFP week
Silver price (XAG/USD) trades cautiously at around $80 during the Asian trading session at the start of the week, slightly above the fresh four-week low of $73.33 posted on Friday. The white metal str...
New Zealand Dollar strengthens above 0.6000 after Chinese PMI data
The NZD/USD pair holds positive ground around 0.6025 during the early Asian session on Monday. The New Zealand Dollar (NZD) remains firm against the US Dollar (USD) following the release of Chinese Ma...
USD/JPY treads water above 155.00 as BoJ reinforces gradual tightening path
USD/JPY holds ground after three days of gains, trading around 155.20 during the Asian hours on Monday. The upside of the pair could be limited as the Japanese Yen (JPY) remains calm following the Ban...
Vitalik cashed $70K betting against crazy Polymarket predictions
Vitalik Buterin, the co-founder of Ethereum and a prominent figure in the blockchain space, recently shared his approach to navigating the prediction market Polymarket in an interview with Foresight N...
China’s RatingDog Manufacturing PMI rises to 50.3 in January, as expected
China’s RatingDog Manufacturing Purchasing Managers’ Index (PMI) rose to 50.3 in January from 50.1 in December, the latest data published by RatingDog showed on Monday. This figure came in...
Pound Sterling holds steady near 1.3700 as markets assess Warsh’s Fed outlook
The GBP/USD pair trades on a flat note near 1.3695 during the early Asian session on Monday. Traders weigh what a Federal Reserve (Fed) under Kevin Warsh might look like. The US ISM Manufacturing Purc...
Automakers face $100 billion in losses as EV investments falter
The electric vehicle boom brought massive investments to parts of America that don’t typically vote blue, but now those bets are looking shaky as the industry pumps the brakes on its electric dreams. ...
China’s factory activity grows at fastest pace since October, private survey shows, beating official reading
An employee works on a carbon fiber production line at Zhongfu Shenying in Lianyungang, China’s eastern Jiangsu province on July 31, 2025. Str | Afp | Getty Images China’s factory activity...
EUR/USD stays below 1.1850 as Fed policy signals weigh on sentiment
EUR/USD edges modestly higher after opening with a downside gap, trading near 1.1840 during Monday’s Asian session. However, the pair remains vulnerable to further downside as the US Dollar (USD) find...
India’s budget aims to shield economy amid US trade pressure
India’s most recent national budget is intended to shield the economy from the growing strain of US trade moves, particularly tariffs imposed under President Donald Trump. The budget, delivered on Su...
PBOC sets USD/CNY reference rate at 6.9695 vs. 6.9678 previous
On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.9695 compared to the previous day’s fix of 6.9678 and 6.710 Reuters estimate. PBOC F...