EUR/GBP remains choppy on Wednesday as markets track Middle East developments, while cautious optimism prevails on expectations that the United States (US) and Iran could reach a deal through renewed ...
Category: Finance
Live Finance News Updates.
ECB: Volatile oil clouds rate path – ING
ING’s Michiel Tukker notes that the ECB is unlikely to hike in April, but markets still price a 25bp increase by June and at least one more move in 2026. He highlights that swings in Oil prices are ti...
Fed’s Hammack: High energy could bring inflation but could also weigh on growth
Beth Hammack, President of the Federal Reserve (Fed) Bank of Cleveland, told CNBC in an interview on Wednesday that the key data to watch out for is how high energy prices get, but most importantly ho...
USD/CAD: Bearish trend holds with key levels in focus – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret say the Canadian Dollar (CAD) is slightly softer but continues to narrow its undervaluation versus the Dollar, with fair value around 1.3542. They...
DXY: Range trade seen persisting – BBH
Brown Brothers Harriman argues that with risk sentiment likely having bottomed on March 30, the Dollar Index should revert to trading primarily on rate differentials. The bank expects DXY to remain co...
Japan: Higher inflation and weaker growth outlook – Standard Chartered
Standard Chartered revises its Japan macro outlook, cutting 2026 Gross Domestic Product (GDP) growth to 0.7% and raising Consumer Price Index (CPI) inflation to 2.0% on a worsening terms-of-trade shoc...
United States Import Price Index (YoY) increased to 2.1% in March from previous 1.3%
Gold stays under bearish pressure and trades near $4,800 after having touched its highest level in a week above $4,870 earlier in the day. Given that the path to a durable US-Iran agreement remains un...
Cleveland Fed President Hammack expects interest rates to stay on hold ‘for a good while’
Cleveland Federal Reserve President Beth Hammack said Wednesday that the central bank is weighing threats to both inflation and employment and should keep interest rates on hold as conditions evolve. ...
United States Export Price Index (YoY) climbed from previous 3.5% to 5.6% in March
Gold stays under bearish pressure and trades near $4,800 after having touched its highest level in a week above $4,870 earlier in the day. Given that the path to a durable US-Iran agreement remains un...
Wall Street analyst updates Microsoft (MSFT) stock price target
Microsoft’s (NASDAQ: MSFT) momentum in the artificial intelligence space is forming the basis for Wall Street’s bullish outlook on the stock. Specifically, KeyBanc Capital Markets analyst Jackson Ader...
Network founder Justin Sun announces TRON's post-quantum initiative
TRON will start building toward quantum-resistant cryptography, announced founder Justin Sun. The network follows Ethereum in preparing for real quantum developments and potential security flaws. TRO...
Trump threatens to fire Powell if the Fed chair doesn’t leave office on his own
U.S. President Donald Trump speaks to the media, before boarding Air Force One on his way to Virginia, at Joint Base Andrews in Maryland, U.S., April 10, 2026. Evelyn Hockstein | Reuters President Don...
United States Export Price Index (MoM) came in at 1.6%, above expectations (1.5%) in March
Gold stays under bearish pressure and trades near $4,800 after having touched its highest level in a week above $4,870 earlier in the day. Given that the path to a durable US-Iran agreement remains un...
United States NY Empire State Manufacturing Index registered at 11 above expectations (-0.5) in April
Gold stays under bearish pressure and trades near $4,800 after having touched its highest level in a week above $4,870 earlier in the day. Given that the path to a durable US-Iran agreement remains un...
EUR/GBP: Modest upside bias into autumn – Rabobank
Rabobank Senior FX Strategist Jane Foley discusses EUR/GBP in light of shifting expectations for the European Central Bank (ECB) and Bank of England (BoE). She notes that EUR/GBP has traded with a dow...
USD: Dominance questioned as rivals stay weak – Societe Generale
Societe Generale’s Kit Juckes discusses whether the US Dollar’s global dominance is under threat as global imbalances widen and IMF meetings highlight systemic risks. He notes that while the Dollar’s ...
Pound Sterling Price News and Forecast: GBP/USD bulls pause for consolidation
GBP/USD outlook: Bulls pause for consolidation after uninterrupted seven-day rally Cable edged lower on Thursday, as bulls take a breather after strong rally in past two days (part of larger seven-day...
Stables and Mansa make Asia's stablecoin infrastructure gap priority in partnership
Stables, a platform that builds infrastructure for digital currency transactions, announced Wednesday that it has teamed up with settlement provider Mansa to remove the gap in Asia’s payment sys...
Gold retreats slightly, holds range as traders weigh Fed outlook and US-Iran talks hopes
Gold (XAU/USD) retreats on Wednesday as the US Dollar (USD) shows signs of stabilization after seven consecutive days of losses, while evolving Middle East developments continue to shape broader marke...
ChatGPT predicts Tesla stock price after Cybercab launch
With the annual slowdown in deliveries, the Cybercab and the self-driving technology have become increasingly important for Tesla (NASDAQ: TSLA) stock’s valuation, and the artificial intelligence (AI)...
AUD/USD rises as US-Iran talks lift risk, soft PPI weighs on Dollar
AUD/USD rises on Wednesday and trades around 0.7140 at the time of writing, up 0.28% on the day. The pair benefits from an improved risk environment after reports suggested that new discussions could ...
Oil: Price swings drive rate expectations – ING
ING strategist Michiel Tukker stresses that current Oil volatility is feeding directly into rate expectations for the European Central Bank (ECB), Federal Reserve (Fed) and Bank of England (BoE). He e...
XRP flashes golden cross signal: Is $5 next?
As XRP continues to consolidate, its technical structure is flashing renewed bullish potential, with chart signals pointing to a possible upside move. On the weekly chart, after a more than 25% year-t...
USD/JPY edges up to 159.00 with investors pondering news on Iran war
The US Dollar (USD) is posting moderate gains against the Japanese Yen (JPY) on Wednesday, returning to levels past 159.00 to partially reverse the 0.5% depreciation witnessed over the last two days. ...
Trump admin declares fully active US blockade has cut off Iran’s seaborne trade
The Trump administration said late Tuesday that it has now locked down Iranian ports and cut off the sea trade that keeps most of Iran’s economy alive. US Central Commander Brad Cooper said: “A blocka...
DXY: War gains unwind as allies resist blockade – DBS
DBS Group Research’s Philip Wee notes that the US Dollar (USD) has given back most of its Iran‑war related strength, with the US Dollar Index (DXY) down this month and nearing pre‑conflict levels. He ...
AUD/USD: Limited near term upside within 0.7100–0.7155 – UOB
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann keep a mildly positive short-term view on AUD/USD after it climbed to 0.7147. The pair is expected to trade between 0.7100 and 0.7...
US President Trump: I think Iran war can be over very soon – Fox Business
United States (US) President Donald Trump said in an interview with Fox Business Network that the war with Iran is very close to an end. Additional remarks We do not have the same relationship with an...
Gold Price Forecast: XAU/USD drifts below $4,800 as the US Dollar picks up
Gold (XAU/USD) shows moderate losses on Wednesday, trimming gains following a two-day rally. The precious metal failed to find acceptance above the $4,850 resistance area on Wednesday and pulled back ...
USD: Vulnerable slide as peace hopes build – MUFG
MUFG’s Derek Halpenny argues the US Dollar is under renewed selling pressure as President Trump’s comments on resuming talks and a war being “close to over” support risk assets and lift US equities ab...
Brent: Consolidation near recent lows – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad notes Brent crude Oil is consolidating around $96 per barrel after recent declines, with broader risk assets pausing their rally. The bank highlights...
WTI Price Forecast: Returns above $90.00 as Trump warns new military deployment in Iran
West Texas Intermediate (WTI), futures on NYMEX, recovers its early losses and turns positive around $90 during the European trading session on Wednesday. The Oil price attracts significant bids after...