Category: Finance

Gold (XAU/USD) is trimming some losses on Friday, trading near $4,880 at the time of writing, after bounding from lows at $4.655 during the Asian session. A risk-averse market mood is providing some s...

SoftBank Group Corp. has allocated a significant portion of its funds to leading American artificial intelligence research and deployment company, OpenAI, according to sources who wished to remain ano...

Brown Brothers Harriman (BBH) analysts note GBP/USD has recovered part of its prior drop after a dovish Bank of England hold and heightened UK political uncertainty. The BOE kept rates at 3.75% but lo...

European Central Bank (ECB) Governing Council (GC) member Martin Kocher delivered remarks on the Euro (EUR) rate in an event organized by the Club of Economic Journalists in Vienna, Austria. Remarks E...

In a February 5 interview, billionaire Elon Musk doubled down both on his belief in technology and debt hawkishness as he warned that the U.S. will ‘1,000% go bankrupt’ due to the immense national bur...

A Massachusetts senator pushed for a vote on Thursday to stop the sale of hundreds of thousands of advanced computer chips to the United Arab Emirates, saying the deal poses risks to American security...

Key Insights: XRP price prediction indicates XRP is eyeing a comeback, as it is down by almost 60% just 6 months after attaining a historic top. Rapid crash wiped out its appeal in the derivatives mar...

Stellantis shares collapsed on Friday after the company revealed it will take a €22 billion ($26 billion) hit tied to a full reset of its business strategy. That number alone sent the entire European ...

Altcoins Bitwise has filed an S-1 registration statement with the U.S. Securities and Exchange Commission for a spot Uniswap ETF, marking the first formal attempt to bring Uniswap’s native token into ...

The USD/CAD pair trades 0.17% lower to near 1.3690 during the European trading hours on Friday. The Loonie pair is under pressure as the US Dollar’s (USD) rally hits pause, following an improvement in...

Societe Generale analysts note USD/CAD has slipped below its ascending trend line from December 2023 and rebounded from 1.3480, but the 200‑DMA near 1.3830 is seen as a key short‑term resistance. Anal...

The Euro (EUR) has resumed its immediate bullish trend against the Japanese Yen (JPY) on Friday. The pair is trading at 185.25 at the time of writing, up from session lows at 184.40, with the JPY losi...

Jeff Christian, managing partner of CPM Group and a veteran commodities analyst, is arguing that the U.S. economy is showing multiple signs of decline. Speaking in a February 5 interview with David Li...

There have been remarks from several European Central Bank (ECB) officials during the European trading session on Friday regarding the current state and outlook on inflation and interest rates. Also, ...

Intel Corporation and Advanced Micro Devices (AMD) on Friday allegedly warned their Chinese customers of potential supply shortages for several central processing units (CPUs). Intel also warned that ...

Rabobank’s Teeuwe Mevissen discusses the European Central Bank’s recent decision to maintain interest rates unchanged at 2% for the fifth consecutive meeting. The ECB’s tone remains ...

MUFG’s Lee Hardman notes that the Japanese Yen remains weak against the Dollar ahead of Japan’s Lower House election, with short JPY positions yet to see the broad liquidation seen in other trades. He...

Goldman Sachs has been working with the artificial intelligence startup Anthropic to create AI agents to automate a growing number of roles within the bank, the firm’s tech chief told CNBC exclu...

Silver (XAG/USD) is trimming some losses during Friday’s early European session, trading right above $74.00 at the time of writing, after hitting fresh seven-month lows near $64.00 earlier on the day....

The Chainlink price gives a decisive breakdown below the support trendline of a falling wedge pattern, signalling the risk of prolonged correction ahead. Capital rotation on the network has leaned out...

Kalshi, the New York-based prediction exchange, is reportedly seeking regulatory clearance to launch margin trading, according to people familiar with the discussions.  The prediction market has spent...

XRP price correction shows a temporary halt at $1.14, a level coinciding with the bottom trendline of a falling channel pattern. Following the Thursday crash, the XRP’s leveraged traders experienced a...

Key Highlights Circle has announced its partnership with Polymarket, which will bring fully-reserved USDC stablecoin infrastructure to the world’s leading prediction market platform This partnership i...

XRP price correction extends its downtrend within falling channel pattern as sellers breached key support at $1.57. Open interest tied to XRP futures contracts witnessed a 17% decline since last month...

The European Central Bank (ECB) has decided to keep interest rates unchanged for the fifth consecutive meeting, following significant cuts in previous months. The ECB’s current stance reflects a...

ING’s Chris Turner discusses the Bank of England’s recent dovish stance, which was unexpected and has shifted market expectations towards potential rate cuts. Turner suggests that politica...

The Euro (EUR) ticks up against the US Dollar (USD) on Friday, trading near 1.1800 at the time of writing after hitting fresh two-week lows of 1.1765 earlier on the day. The sell-off in Equity markets...

The Euro (EUR) failed to hold above 0.8700 against the British Pound (GBP) on Friday and pulled back to session lows near 0.8685 in the early European session. The pair, however, remains on track to c...

The Pound Sterling (GBP) regains ground against its major currency peers on Friday after a sharp fall the previous day, which was driven by the Bank of England’s (BoE) signal that there is a high chan...

The report by Nordea, authored by Jan von Gerich, discusses the recent rebound of the USD against the EUR and JPY. Despite the rebound, the report maintains a bearish outlook for the USD in the long t...

Cardano (ADA) has long been among the top performers in the market due to its research-driven approach to development. ADA is trading around $0.438 and continues to hold a structured chart pattern tha...

AUD/CAD remains in the positive territory after recovering its daily losses, trading around 0.9520 during the European hours on Friday. However, the upside of the currency cross could be limited as th...