The Euro (EUR) is trading moderately higher against the US Dollar (USD) for the second consecutive day on Wednesday. The pair reaches levels right above 1.1830 at the time of writing, from weekly lows...
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S&P 500 tests highs as ending pattern emerges
S&P 500 moved very nicely higher from the November lows and recently reached new all time highs before turning slightly lower in the last few sessions. This pullback raises the question of whether...
Euro languishes at five-month lows below 0.8630
The Euro remains practically flat, a few pips above a fresh five-month low, at 0.8620 against a stronger British Pound on Wednesday. The pair has been trending lower since peaking at 0.8865 in mid-Nov...
Dogecoin Price Steadies at $0.106 as Musk Revives SpaceX DOGE-1 Talk
Key Insights: After it fell to $0.095, Dogecoin price has stabilized around $0.106 following the reaction of the traders to Musk’s comment and overall volatility. Musk posted again about DOGE-1 moon t...
Markets not expecting another Lagarde pivot for now – BNY
BNY’s report discusses the current expectations in the fixed income markets, particularly regarding the European Central Bank’s monetary policy. With inflation figures in France nearing de...
Prices surge after slump – Deutsche Bank
Deutsche Bank’s Macro Strategy report highlights a significant recovery in Gold prices, which posted their largest daily gain since 2008. Gold rose by 6.12% to $4,947/oz, with further increases ...
WTI slides toward $63.00 as US refiners struggle to absorb Venezuelan crude
West Texas Intermediate (WTI) Oil price declines after registering nearly 3% gains in the previous session, trading around $63.50 per barrel during the early European hours on Wednesday. Crude Oil pri...
ADP Employment Report set to show moderate job creation in January
The Automatic Data Processing (ADP) Research Institute will release its monthly report on private-sector job creation for January on Wednesday. The so-called ADP Employment Change report is expected t...
Struggles below mid-1.3600s ahead of US data
The USD/CAD pair turns lower for the second straight day and trades below mid-1.3600s through the early European session on Wednesday, though the downtick lacks bearish conviction amid mixed cues. The...
Market expectations and Fed Chair nomination – Rabobank
Rabobank’s RaboResearch Team discusses the implications of Warsh’s nomination as Fed Chair and the market’s expectations regarding interest rate cuts. The report highlights that inve...
Market focus shifts to Eurozone inflation and key US data
Here is what you need to know on Thursday, February 4: Major currency pairs stay relatively quiet early Wednesday as investors gear up for key macroeconomic data releases. The Eurostat will publish Ja...
RBA hikes rates amid inflation concerns – Commerzbank
The Reserve Bank of Australia (RBA) raised its cash rate by 25 basis points to 3.85% and maintained a hawkish bias due to persistent inflationary pressures. The RBA noted that inflation is likely to r...
Government shutdown ends – UBS
US President Trump signed a bill ending the government shutdown, a situation that has become so commonplace that markets barely registered it. Democrats have united in opposition to confirming former ...
AVs in focus as Waymo, Uber defend future against ‘competition’
Autonomous vehicle companies like Tesla and Waymo are defending the safety of their technology with data that proves that human drivers get in more accidents than their AVs. Waymo and Tesla are pushi...
Strong rebound after sharp declines – UOB
Gold prices rebounded strongly on Tuesday, reversing previous declines. The price rose by US$285.38 (6.1%) to US$4,946.76 per troy ounce. Silver also saw a significant rebound, increasing by US$5.89 (...
Positive outlook remains intact, first upside barrier emerges near 186.00
The EUR/JPY cross attracts some buyers near 184.95 during the early European session on Wednesday. The Japanese Yen (JPY) weakens against the Euro (EUR) amid fiscal concerns on the back of Japanese Pr...
OpenAI CEO Sam Altman admits feeling useless as Codex outcodes him
OpenAI Chief Executive Sam Altman openly acknowledged feeling “a little useless” after using his company’s AI coding tool, Codex. The admission came just days after OpenAI rolled out Codex as a standa...
PU Prime Launches Phase Two of “Champion in You” Global Brand Campaign
Ebene, Mauritius, February 4th, 2026, FinanceWire PU Prime launched The Grind, the second phase of its three-part global brand campaign, “Champion in You”, shifting the focus from the decision to begi...
Tether abandons huge $20 billion funding ambitions as backers balk at valuation push
Tether has walked away from plans to raise up to $20 billion after top investors said no to the company’s $500 billion valuation. The crypto giant, based in El Salvador, had started talks last year to...
USD/CHF trades flat around 0.7750 as US Dollar wobbles ahead of key US data
The USD/CHF pair trades in a tight range around 0.7750 during the late Asian trading session on Wednesday. The Swiss Franc pair consolidates as investors await the United States (US) ADP Employment Ch...
Euro gains ground above 1.1800 ahead of Eurozone HICP release
The EUR/USD pair trades on a firmer note near 1.1830 during the early European session on Wednesday. Nonetheless, the upside for the major pair might be limited as traders remain cautious after a part...
USD/INR opens cautiously as FIIs turn bet buyers on US-India trade deal euphoria
The Indian Rupee (INR) opens on a firm note against the US Dollar (USD) on Wednesday, with the USD/INR pair holding onto losses near 90.55. The near-term trend of the pair seems fragile as the broader...
Nvidia’s H200 AI chip sales to China remain in limbo nearly two months after approval
Nvidia still hasn’t shipped a single H200 AI chip to China, nearly two months after President Donald Trump gave the green light for exports. The issue? The US government is holding everything up with ...
Miran leaves White House Council to fully commit to Federal Reserve role
Federal Reserve Governor Stephen Miran has officially resigned from his role as Chair of the White House Council of Economic Advisers (CEA) to focus fully on his duties at the Federal Reserve Board of...
GBP/USD may face initial resistance at 1.3869
GBP/USD Price Forecast: Steadies above 1.3700 near nine-day EMA support GBP/USD steadies after registering modest gains in the previous session, trading around 1.3700 during the Asian hours on Wednesd...
India HSBC Composite PMI down to 59.4 in January from previous 59.5
The EUR/USD pair struggles to capitalize on the previous day’s modest bounce from the 1.1780-1.1775 area, or over a one-week low, and oscillates in a narrow band during the Asian session on Wedn...
Gold rises beyond $5,050 on US-Iran tensions, Fed rate cut bets
Gold (XAU/USD) attracts follow-through buying for the second consecutive day and surges past the $5,000 psychological mark during the Asian session on Wednesday amid the global flight to safety. Conce...
Steadies above 1.3700 near nine-day EMA support
GBP/USD steadies after registering modest gains in the previous session, trading around 1.3700 during the Asian hours on Wednesday. The technical analysis of the daily chart points to a potential bear...
Silver surges above $87.50 on geopolitical risks
Silver price (XAG/USD) climbs to around $87.60 during the Asian trading hours on Wednesday. The white metal rebounds after facing a historic correction last week as dip-buyers enter the market. US Pr...
USD/CAD holds ground near 1.3650 as Oil prices decline
USD/CAD moves little after registering modest losses in the previous session, trading around 1.3640 during the Asian hours on Wednesday. The pair inches higher as the commodity-linked Canadian Dollar ...
Mixed jobs data weighs, bullish bias intact
The NZD/USD pair struggles to capitalize on the previous day’s move higher and attracts some sellers during the Asian session on Wednesday in reaction to mixed employment details from New Zealan...
Japanese Yen slides as fiscal, political concerns offset upbeat data
The Japanese Yen (JPY) continues with its relative underperformance on Wednesday amid concerns about Japan’s fiscal health under Prime Minister Sanae Takaichi’s expansionary spending polic...