Bob Savage, Head of Markets Macro Strategy at BNY, notes the Australian Dollar’s potential as the Reserve Bank of Australia (RBA) is expected to hike rates this week due to rising inflation. Thi...
Category: Finance
Live Finance News Updates.
XAU/USD bounces towards $4,800, remains bearish on the day
Gold (XAU/USD) is trimming some losses on Monday after the sharp bearish correction witnessed on Friday and Monday’s Asian session. The precious metal has returned to levels near $4,800, trading at $4...
Bank of Japan cautious on hiking – BBH
According to Brown Brothers Harriman (BBH) analysts, USD/JPY has retraced about 50% of last week’s decline and is trading just under 155.00. The Bank of Japan’s recent policy meeting reinforced ...
Gold stabilises after sharp correction as dip buying emerges
Gold (XAU/USD) stabilises on Monday with dip-buying interest emerging after a sharp correction from last week’s surge to fresh all-time highs near $5,600. At the time of writing, XAU/USD trades around...
Critical week for Czech Koruna – ING
This week is critical for the Koruna as central banks in the CEE region prepare for important announcements. Frantisek Taborsky from ING expects mixed signals from PMIs and inflation data that could i...
Uptrend faces potential pause – Societe Generale
AUD/USD broke out of a large base last month, triggering an acceleration in the uptrend. The recent rise has stalled near 0.7100, and while there are no clear signals of a meaningful pullback, the upp...
Prediction Markets Hit 12 Billion January Record as Coinbase Joined U.S. Trading
Key Insights: The latest crypto news shows that prediction markets topped 12 billion in January trading volume, Wu Blockchain said. On-chain fees exceeded 11 million, Dune data from Gate Research show...
$6,000 target remains intact – Deutsche Bank
Deutsche Bank Research Analyst Michael Hsueh reiterates its bullish outlook on Gold, maintaining a target price of $6,000 per ounce. The report emphasizes that recent price corrections do not indicate...
When is the US ISM Manufacturing PMI for January and how could it affect EUR/USD?
The United States (US) Institute of Supply Management (ISM) Manufacturing Purchasing Managers’ Index (PMI) data for January is scheduled to be published today at 15:00 GMT. The ISM is expected to show...
Buterin’s creator token proposal draws harsh criticism from Dogecoin founder
One of the most well-known personalities in cryptocurrency has publicly criticized Ethereum’s co-founder’s intention to change the way digital tokens function for online artists. This past Sunday, Vit...
Employment data to shape Fed’s next move – TD Securities
The Global Strategy Team at TD Securities highlights that upcoming employment data will be critical in determining the timing of the Federal Reserve’s next rate cut. Key reports include JOLTS on...
GBP/JPY holds gains above 212.00 as Takaichi talks down the yen
The Pound is posting moderate gains against a weaker Japanese Yen, weighed by Prime Minister Takaichi’s comments on Monday. The pair trades right above 212.00 at the time of writing, up from last week...
Strong ruling coalition poll weighs on Yen – MUFG
An opinion poll indicates that the ruling coalition is set to secure a strong victory in the upcoming election, which could support a weaker Yen. Additionally, comments from the Bank of Japan suggest ...
AUD/USD recovers early losses as US Dollar edges down, RBA policy eyed
The AUD/USD pair recoups its early losses and rebounds to near its opening price around 0.6960 during the European trading session on Monday. The Aussie pair bounces back as the US Dollar (USD) ticks ...
NZD/USD climbs on Chinese PMI boost, capped by firm US inflation data
NZD/USD trades around 0.6030 on Monday at the time of writing, up 0.10% on the day. The pair strengthens amid supportive macroeconomic signals from China, New Zealand’s main trading partner, which und...
Ripple Granted Full EU Electronic Money Institution License in Luxembourg
Fintech Ripple has been granted a full Electronic Money Institution license in the European Union through Luxembourg, marking a significant regulatory milestone for the blockchain-based payments firm’...
Chinese AI firms battle for users with $4.5 billion in spending before Lunar New Year
As the nation gets ready to ring in the Year of the Horse, a number of Chinese artificial intelligence companies are introducing new technology and aggressively investing in promotions. Billions of yu...
UK, China rush to forge business deals
China’s President Xi Jinping (R) and Britain’s Prime Minister Keir Starmer shake hands before their meeting at the Great Hall of the People in Beijing on January 29, 2026. Carl Court | Afp...
AI predicts Palantir stock price after Q4 2025 earnings
Palantir Technologies (NASDAQ: PLTR) is set to report fourth-quarter 2025 earnings after the market closes on February 2, 2026, as investors assess whether the data analytics firm can support its elev...
XRP Price Outlook: Top Expert Sees XRP Rally to $7, Citing This Trend
Key Insights: XRP price is testing the $1.60 level as the 33 EMA and long-term trend converge on the monthly chart. Historical XRP crypto cycles show gains of 340% to 1,600% after similar EMA retests ...
Bulls have found resistance at 1.3675
The US Dollar holds minor gains on Monday after rallying nearly 1% on Friday against the Canadian Dollar. The pair, however, found sellers at 1.3675 earlier in the day before trimming some gains, and ...
Economic outlook under pressure – Commerzbank
Commerzbank’s Economic Research report highlights the ongoing struggles of the Chinese economy, with both the manufacturing and services sectors slipping into contraction territory. The official...
Gold and Silver erase $8 trillion of market cap in 3 days
The two main traditional ‘safe haven’ assets – Gold and Silver – underwent a massive bloodbath in late January and early February after previously rallying to a series of new all-time highs (ATH) in e...
Recovery signals upside potential – ING
The Dollar has shown signs of recovery as precious metals decline, with expectations for positive data this week. ING analysts anticipate a decent payroll report, which could support further Dollar st...
Here’s the best-performing stock sector of 2026
Although the stock markets have had a volatile start to 2026, some sectors are standing out with considerable gains in the new year. To this end, as of February 2, the energy sector has emerged as the...
Silver price today: falls on February 2
Silver prices (XAG/USD) fell on Monday, according to FXStreet data. Silver trades at $77.45 per troy ounce, down 7.13% from the $83.40 it cost on Friday. Silver prices have increased by 8.96% since th...
United Kingdom S&P Global Manufacturing PMI above expectations (51.6) in January: Actual (51.8)
Gold price extends correction to fresh monthly lows near $4,400 in European trading on Monday, pressured by some profit-taking. The precious metal continues its downtrend after reaching historic highs...
XAG/USD holds losses near $78.00 as safe-haven demand wanes
Silver price (XAG/USD) extends its losses after declining by 28.45% in the previous session, trading around $77.80 per troy ounce during the European hours on Monday. The non-interest-bearing Silver p...
EUR/JPY hesitates near 183.50 despite positive Eurozone PMI data
The Euro is practically flat against the Yen on Monday. trading at 183.55 at the time of writing. The risk-off market is offsetting the positive impact from upbeat Eurozone and German manufacturing PM...
Largest daily fall since 1980 – Deutsche Bank
The Early Morning Reid Macro Strategy report from Deutsche Bank reveals that Silver experienced its largest daily fall since 1980, dropping 26.36%. The report discusses the implications of this volati...
Pound Sterling weakens as Warsh nomination for Fed Chair spooks market mood
The Pound Sterling (GBP) trades lower against safe-haven currencies, but outperforming risky peers, at the start of the week. The British currency is under severe pressure against the US Dollar (USD),...
ECB to hold rates steady amid inflation dynamics – Societe Generale
Societe Generale’s report argues the European Central Bank (ECB) is likely to maintain interest rates amidst mixed inflation signals. The report highlights that euro area inflation is expected t...