The Euro (EUR) is trading practically flat against the US Dollar (USD) on Monday, moving near 1.1850 at the time of writing and consolidating losses after dropping by over 1% on Friday. The nomination...
Category: Finance
Live Finance News Updates.
Strengthening against G10 currencies – UOB Group
The US Dollar showed strength against all G10 currencies following President Trump’s nomination of Kevin Warsh as the next Fed Chair. This nomination is perceived as a move that may enhance cent...
Euro hovers above a key support area, at 0.8645
The Euro is showing a mild upside bias against the British Pound on Monday, but maintains its broader bearish trend intact. The pair trades at the 0.8665 area at the time of writing, but remains unabl...
Gold and Silver selloff continue to start new week
Here is what you need to know on Monday, February 2: Gold and Silver start the new week under heavy selling pressure after suffering huge losses on Friday. The US economic calendar will feature the In...
Spain HCOB Manufacturing PMI below expectations (49.9) in January: Actual (49.2)
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...
Potential price surge amid geopolitical tensions – DBS
DBS Bank’s Group Research report, authored by Taimur Baig, Ph.D., Chief Economist, and Nathan Chow, Senior Economist and Strategist, discusses the potential impact of US intervention in Iran on ...
The State of TRON H2 2025: Stablecoin Settlement at Scale Amid Rising Competition
Key Takeaways TRON reinforced its role as a stablecoin-first settlement layer in 2025, sustaining leadership in P2P stablecoin payment flows as one of the dominant global rails. Stablecoin fundamental...
STARTRADER Unveils UAE National Team Jersey for ICC T20 World Cup 2026
Dubai, United Arab Emirates, February 2nd, 2026, FinanceWire The ceremony marks the next chapter in a renewed partnership between the global broker and the Emirates Cricket Board After being announced...
Michael Saylor’s Strategy is once again in more trouble than ever before
Michael Saylor’s Strategy is starting to fall apart, and there’s no more pretending otherwise. Over the weekend, Cryptopolitan reported that Bitcoin had dropped under $76,000, breaking the line that h...
Significant sell-off continues – Deutsche Bank
Deutsche Bank’s report, authored by Jim Reid, highlights a major sell-off in Gold, with a decline of 8.95%, marking its largest daily drop since 2013. The report attributes this volatility to th...
Sweden Manufacturing PMI up to 56 in January from previous 55.3
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...
Sharp decline amidst market shifts – MUFG
Silver prices experienced a historic drop of nearly 30% as markets reacted to the leadership of Kevin Warsh at the Federal Reserve. The report, authored by Michael Wan, Senior Currency Analyst at MUFG...
Solana Price Down 35% As Selling Pressure Fades and Dip Buyers Step In
Key Insights: Solana price is down nearly 35% since January and is struggling to stay above the $94 support. Rising exchange outflows show some investors are quietly accumulating Solana. SOL needs to ...
Holds losses to near 104.00, RBA rate decision looms
The AUD/JPY cross attracts some sellers near 104.05 during the early European session on Monday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD) as the Bank of Japan (BoJ) Summa...
US Dollar Index treads water above 97.00 ahead of ISM Manufacturing PMI data
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding ground after registering more than 1% gains in the previous session and trading near...
Sharp drop signals market volatility – Commerzbank
Gold prices experienced a significant decline, dropping 9% last Friday, marking one of the most extreme single-day moves in years. The sell-off was attributed to forced liquidations and momentum unwin...
China metals losses top $144 million after counterparty Xu Maohua vanishes
Precious metals traders tied to China’s vast supply chain are staring at losses of at least 1 billion yuan, or $144 million, after a key counterparty disappeared and left contracts unfinished. The cen...
Justin Sun Faces Allegations of Tron (TRX) Price Manipulation
AltcoinsCrime New allegations have surfaced accusing Justin Sun of orchestrating price manipulation involving TRX, the native token of the TRON, during the project’s early development phase. Key takea...
How will incoming Fed chairman Kevin Warsh handle $6.6T balance sheet and QE legacy?
President Donald Trump picked Kevin Warsh to run the world’s most powerful central bank on earth in 2026, and the biggest problem on his desk is the Fed’s $6.6 trillion balance sheet. Everyone keeps t...
Strong momentum suggests further advance – UOB Group
UOB Group’s report, authored by Quek Ser Leang and Lee Sue Ann, indicates that USD/JPY is likely to continue its upward trajectory, with strong momentum suggesting a potential advance towards th...
Pound Sterling softens below 1.3700 as Trump picks Warsh for Fed
The GBP/USD pair loses ground to around 1.3670 during the early European session on Monday, pressured by renewed US Dollar demand. Signs of political stability in the United States (US) provide some s...
Decline could extend to 0.6905 – UOB Group
The report from UOB Group, authored by Quek Ser Leang and Lee Sue Ann, suggests that AUD/USD could see a sharp decline, potentially extending to 0.6905 before stabilization occurs. The analysis indica...
EUR/USD trades weakly near 1.1850 as Warsh’s nomination boosts USD’s appeal
The EUR/USD pair holds onto Friday’s losses near 1.1850 during the late Asian trading session on Monday. The major currency pair faces selling pressure as the US Dollar (USD) trades firmly, following ...
Indian Rupee gains on RBI’s intervention following India’s budget release
The Indian Rupee (INR) gains against the US Dollar (USD) in the opening session on Monday, following the fiscal budget Financial Year (FY) 2026-27 announcement by the Indian government on Sunday. The ...
WTI falls below $62.00 amid US-Iran deal hopes
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.80 during the early European trading hours on Monday. The WTI price falls by 5.65% on easing US-Iran tensions. Traders ...
This crash was not “Bad luck” (Elliott Wave analysis) [Video]
Was the recent crash just ‘bad luck’ or a technical inevitability? In this video, we decode the market’s hidden signals using Elliott Wave analysis. We break down why the Nifty and B...
GBP/USD trades flat around 1.3695 early Asian session
GBP/USD holds steady near 1.3700 as markets assess Warsh’s Fed outlook The GBP/USD pair trades on a flat note near 1.3695 during the early Asian session on Monday. Traders weigh what a Federal R...
Gold price in Saudi Arabia: Rates on February 2
Gold prices fell in Saudi Arabia on Monday, according to data compiled by FXStreet. The price for Gold stood at 560.57 Saudi Riyals (SAR) per gram, down compared with the SAR 585.06 it cost on Friday....
USD/CAD remains stronger near 1.3650 as Oil prices decline
USD/CAD extends its gains for the second successive session, trading around 1.3660 during the Asian hours on Monday. The pair remains stronger as the commodity-linked Canadian Dollar (CAD) struggles a...
Gold price in Philippines: Rates on February 2
Gold prices fell in Philippines on Monday, according to data compiled by FXStreet. The price for Gold stood at 8,817.95 Philippine Pesos (PHP) per gram, down compared with the PHP 9,188.20 it cost on ...
Gold price in United Arab Emirates: Rates on February 2
Gold prices fell in United Arab Emirates on Monday, according to data compiled by FXStreet. The price for Gold stood at 548.72 United Arab Emirates Dirhams (AED) per gram, down compared with the AED 5...
Another Cross-Chain Protocol Falls Victim to Bridge Exploit
Crime Cross-chain protocol CrossCurve has confirmed an active security incident after attackers exploited a flaw in one of its bridge-related smart contracts, draining roughly $3 million in assets acr...