Fintech Stablecoins are moving beyond trading desks and into geopolitics. Key Takeaways: A U.S. dollar-backed stablecoin is reportedly being explored for Gaza. The initiative would focus on payment in...
Category: Finance
Live Finance News Updates.
ASTER Price Eyes $1.20 Breakout as Mainnent Nears, But Usage Lags
Key Insights: ASTER price traded at $0.714 as of February 19, up 23.2% over 30 days, with traders flagging $0.81 resistance as the key breakout level toward $1.20. Token Terminal data showed only 6 da...
Haven demand focus into Trump SOTU – DBS
DBS analyst Philip Wee highlights that markets are focused on President Trump’s upcoming State of the Union Address (SOTU), with investors seeking haven exposure ahead of the event. The report notes e...
Takaichi pressure fuels renewed Yen selling – MUFG
MUFG’s Senior Currency Analyst Lee Hardman notes that the Japanese Yen has underperformed, pushing USD/JPY back above 156.00. Media reports that Prime Minister Takaichi is pressuring the BoJ to slow f...
Japanese Yen drops nearly 1% after PM Takaichi raises rate hike concerns
USD/JPY rises nearly 1%, trading around 156.20 during the European hours on Tuesday. The pair climbs as the Japanese Yen (JPY) weakens sharply after the Mainichi Shimbun reported that Japanese Prime M...
China’s Commerce Ministry is willing to hold sixth round of trade talks with US
China’s Commerce Ministry expresses willingness to hold the sixth round of trade talks with the United States (US) in a press conference during European trading hours on Tuesday. Remarks Closely monit...
NBH cutting cycle restart and FX impact – ING
ING’s Frantisek Taborsky expects the National Bank of Hungary to restart its rate-cutting cycle after September 2024’s last move, citing sharply lower January inflation and benign regional trends. Mar...
Sees more downside below 1.3430 amid dovish BoE bets
The GBP/USD pair edges lower to near 1.3480 during the European trading session. The pair is under pressure as the Pound Sterling (GBP) trades broadly uncertain amid firming speculation that the Bank ...
Tariff tensions resurface after EU-US setback – Danske Bank
Danske Bank’s Danske Research Team notes that trade tensions remain elevated after the European Parliament postponed ratification of the EU-US trade deal over concerns about Trump’s new unilateral 15%...
Japan’s Takaichi voiced concerns on further hikes in meeting with BoJ Ueda last week
According to a report by Mainichi Shimbun, Japanese Prime Minister (PM) Sanae Takaichi voiced concerns over the Bank of Japan’s (BoJ) intentions to hike interest rates further in her meeting with Gove...
EUR/CAD slips below 1.6150 as Oil prices rise on supply concerns
EUR/CAD depreciates after registering gains in the previous two consecutive sessions, trading around 1.6140 during the European hours on Tuesday. The currency cross loses ground as the commodity-linke...
Market sticks to two Fed cuts view – BNY
BNY’s John Velis notes that interest rate markets, a key driver for the US Dollar, still price roughly two Federal Reserve cuts this year despite hawkish-leaning minutes, sticky PCE inflation an...
Tennant (TNC) lags Q4 earnings and revenue estimates
Tennant (TNC – Free Report) came out with quarterly earnings of $1.39 per share, missing the Zacks Consensus Estimate of $1.68 per share. This compares to earnings of $1.52 per share a year ago....
Choppy trading as politics cloud outlook – OCBC
OCBC’s Sim Moh Siong and Christopher Wong note that sticky UK inflation and firmer growth data are offsetting soft labour numbers, limiting dovish repricing for the BoE and cushioning the Pound. Howev...
Stablecoin Dispute Nears Resolution, Clearing Path for Senate Action
Regulations Washington’s crypto rulebook may soon get past one of its most stubborn roadblocks: whether stablecoin issuers and platforms can legally attach rewards to their tokens. Key Takeaways The W...
Bearish bias persists below 100-day EMA, PBOC leaves its LPR unchanged
The USD/CNH pair trades with mild gains near 6.8905 during the early European trading hours on Tuesday. However, the potential upside for the pair seems limited near a 34-month low amid US tariff turm...
Based Raises $11.5 Million Series a Led by Pantera To Scale Its Composable Web 3.0 Consumer SuperApp
Based Raises $11.5 Million Series a Led by Pantera To Scale Its Composable Web 3.0 Consumer SuperApp – The Daily Hodl ...
Strives to extend advance above 1.3740
The USD/CAD pair holds onto weekly gains near 1.3700 during the early European trading session on Tuesday. The Loonie pair trades firmly as the US Dollar (USD) extends its recovery move, with the US D...
NZD/USD struggles to build gains below 0.6000 amid USD uptick
The NZD/USD pair attracts some dip-buyers following the previous day’s failure near the 0.6000 psychological mark and sticks to its modest intraday gains through the early European session on Tu...
Restructuring raises policy uncertainty – Rabobank
Rabobank’s Senior US Strategist Philip Marey explains that after the Supreme Court blocked use of IEEPA for reciprocal and fentanyl-related tariffs, President Trump swiftly shifted to a 15% global tar...
Jupiter DAO Backs Net Zero Emissions Plan With 75% Vote, Postpones Jupuary And Halts New Supply
JupiterExchange community members have concluded a closely watched governance vote, with a decisive 75% majority backing the “Net Zero Emissions” proposal. The outcome signals a significant shift in t...
XAG/USD holds above $88.00 due to positive bias
Silver price (XAG/USD) loses ground after four days of gains, trading around $88.20 per troy ounce during the early European hours on Tuesday. The technical analysis of the daily chart timeframe shows...
Tariff uncertainty keeps Dollar on edge – Commerzbank
Commerzbank’s Michael Pfister notes that the initial weakness of the US Dollar after the Supreme Court tariff ruling has reversed, leaving USD pairs near pre-ruling levels. He stresses that the reacti...
GBP/USD falls as the US Dollar rebounds after two consecutive sessions of losses
GBP/USD holds losses below 1.3500 due to BoE rate cut bets GBP/USD edges lower after two days of gains, trading around 1.3480 during the Asian hours on Tuesday. The pair declines as the US Dollar (USD...
EUR/GBP softens below 0.8750 on trade uncertainty
The EUR/GBP cross loses ground to near 0.8730 during the early European session on Tuesday. Renewed global trade concerns, including potential US tariff measures, weigh on the Euro (EUR) against the P...
Australian Dollar outperforms its peers ahead of key inflation data
The Australian Dollar (AUD) outperforms its major currency peers, trades 0.1% higher to near 0.7065 against the US Dollar (USD) during the early European trading session on Tuesday. The Australian cur...
Climbs above 109.50 as technicals support bullish outlook
The AUD/JPY cross attracts some buyers to near 109.60 during the early European session on Tuesday. Traders remain concerned over Japan’s fiscal health amid expectations that Prime Minister Sana...
US Dollar rebounds despite trade uncertainty
Here is what you need to know on Monday, Tuesday 24: Following a bearish opening to the week, the US Dollar (USD) managed to stabilize against its rivals on Monday, with the USD Index closing the day ...
Indian Rupee tick up on likely FIIs return to Indian markets
The Indian Rupee (INR) ticks up against the US Dollar (USD) in the opening trade on Tuesday. The USD/INR pair edges down to near 91.10 on the expectation that the Reserve Bank of India (RBI) has inter...
Terraform Liquidator Sues Jane Street Over TerraUSD Collapse
Crime The court-appointed official dismantling the remnants of Terraform Labs has filed suit against Jane Street Group, alleging the trading firm leveraged privileged information to profit during the ...
Extends recovery to near 155.30 as US Dollar gains
The USD/JPY pair is up 0.4% to near 155.30 during the late Asian trading session on Tuesday. The pair trades higher as the US Dollar (USD) extends its recovery move despite United States (US) Presiden...
Bears flirt with 61.8% Fibonacci support near 1.1775
The EUR/USD pair extends the previous day’s late pullback from the 1.1835 region and attracts some follow-through selling during the Asian session on Tuesday. Spot prices currently trade around ...