Here is what you need to know on Wednesday, December 24: The action in financial markets turns subdued on Wednesday as participants get ready for the Christmas holiday. Stock and bond markets in the U...
Category: Finance
Live Finance News Updates.
HYPE 37M Burn Approved by Validators, Price Experience a Dip
Key Highlights: Hyperliquid’s governance has approved burning of HYPE tokens that were kept in the Assistance Fund System. Approximately 37 million HYPE tokens are removed from all supply counts forev...
GBP/USD strengthens to around 1.3510 early European session
GBP/USD gathers strength above 1.3500 as BoE signals gradual easing The GBP/USD pair trades in positive territory near 1.3510 during the early European session on Wednesday. The Pound Sterling (GBP) s...
EUR/GBP weakens below 0.8750 as BoE hints at slower easing pace
The EUR/GBP cross trades in negative territory for the fifth consecutive day around 0.8725 during the early European session on Wednesday. The Pound Sterling (GBP) edges higher against the Euro (EUR) ...
XAG/USD extends bull run to near $72.70 as Fed dovish bets remain steady
Silver price (XAG/USD) rallies further to near $72.70 during the early European trading session on Wednesday. The white metal extends its bull run as Federal Reserve (Fed) dovish expectations for 2026...
GBP/JPY nears weekly low as JPY firms on BoJ rate hike bets
The GBP/JPY cross attracts some sellers for the second straight day on Wednesday and trades around mid-210.00s, closer to the weekly trough during the Asian session. Spot prices, however, remain withi...
USD/INR ticks up as FIIs continue to offload stake in Indian stock market
The Indian Rupee (INR) ticks down against the US Dollar (USD) in the early trading session on Wednesday. The USD/INR pair edges higher to near 90.16, but is broadly in the corrective phase, following ...
AUD/JPY retreats to 104.50 after hitting 17-month highs
AUD/JPY halts its five-day winning streak. The currency cross is trading around 104.50 after pulling back from 104.72, the highest level since July 2024, reached during the early Asian hours on Wednes...
Japan Leading Economic Index came in at 109.8 below forecasts (110) in October
EUR/USD holds gains for the third successive session, trading around 1.1790 during the Asian hours on Wednesday. On the daily chart, technical analysis indicates a persistent bullish bias, as the pair...
Japan Coincident Index climbed from previous 115.4 to 115.9 in October
EUR/USD holds gains for the third successive session, trading around 1.1790 during the Asian hours on Wednesday. On the daily chart, technical analysis indicates a persistent bullish bias, as the pair...
Pound Sterling gathers strength above 1.3500 as BoE signals gradual easing
The GBP/USD pair trades in positive territory near 1.3510 during the early European session on Wednesday. The Pound Sterling (GBP) strengthens against the Greenback on expectations that the Bank of En...
USD/CHF rebounds toward 0.7900 after hitting three-month lows
USD/CHF loses ground for the third consecutive session, trading around 0.7880 during the Asian hours on Wednesday. The pair hit a three-month low of 0.7861 during early trading as the US Dollar (USD) ...
SUI Price Action Remains Muted as Futures OI Hovers Around $694M
SUI price extends its consolidation trend resonating within the formation of symmetrical triangle pattern. The open interest tied to SUI futures contracts remained sideways around $694, indicating cau...
Holds near 1.1800 after pulling back from three-month highs
EUR/USD holds gains for the third successive session, trading around 1.1790 during the Asian hours on Wednesday. On the daily chart, technical analysis indicates a persistent bullish bias, as the pair...
South Korean consumer confidence holds above neutral for eighth month
South Korean consumer sentiment held well above the neutral level in December for eight consecutive months, supporting household confidence. The latest signs indicate that consumer sentiment remains ...
EUR/JPY declines to near 183.60 as Japan’s intervention threats boost Yen
The EUR/JPY pair trades 0.27% lower to near 183.60 during the Asian trading session on Wednesday. The pair faces selling pressure as the Japanese Yen (JPY) outperforms across the board, following stro...
US Dollar Index (DXY) dips to October low near 97.80 on rate cut bets
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, prolongs its weekly downtrend for the third straight day and drops to a fresh low since early October during the A...
Japanese Yen advances against USD after hawkish BoJ Minutes
The Japanese Yen (JPY) edges higher during the Asian session on Wednesday following the release of the Bank of Japan (BoJ) October meeting Minutes, which indicated that policymakers debated the need t...
USD/CAD hits five-month lows below 1.3700 due to growing Fed rate cut bets
USD/CAD extends its losses for the third successive session, reaching a five-month low of 1.3675 during the Asian hours on Wednesday. The pair depreciates as the US Dollar (USD) faces challenges amid ...
Australian Dollar gains as traders expect RBA rate hikes
The Australian Dollar (AUD) advances against the US Dollar (USD) on Wednesday, continuing its winning streak for the third successive session. The AUD/USD pair strengthens as the Aussie Dollar finds s...
Fleet Mining Christmas Event: $200,000 in Rewards for Automated Cloud Mining Participants
As blockchain technology becomes more mature, the digital assets will slowly transition out of speculative trading and start being developed on infrastructure. In doing so, the computing power has bec...
PBOC sets USD/CNY reference rate at 7.0471 vs. 7.0523 previous
On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 7.0471 compared to the previous day’s fix of 7.0523 and 7.0240 Reuters estimate. PB...
XAG/USD extends record highs, targets $72.00
Silver (XAG/USD) prolongs its well-established uptrend through the Asian session on Wednesday and continues scaling new record highs for the fourth consecutive day. The white metal currently trades ju...
WTI drifts higher to near $58.50 amid geopolitical tensions
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $58.50 during the early European trading hours on Wednesday. The WTI price edges higher amid persistent geopolitical tensio...
NZD/USD steadies near October highs as Fed bets weigh on USD
The NZD/USD pair is seen consolidating its strong weekly gains registered over the past two days and holding steady near its highest level since early October, just below mid-0.5800s during the Asian ...
BoJ Minutes: Members agree BoJ will continue to raise rates if economic price forecasts materialize
The Bank of Japan (BoJ) board members shared their views on the monetary policy outlook on Wednesday, per the BoJ Minutes of the October 29-30 meeting. Key quotes Members agreed BOJ will continue ...
AUD/USD tests 14-month highs as Greenback falters
AUD/USD stepped into a second straight day of firm gains on Tuesday, climbing two-thirds of one percent and adding to the previous day’s 0.68% gain as the US Dollar (USD) falls across the board. The A...
Cardano Developer Teases Midnight (NIGHT) EVM Compatibility
Key Insights: Cardano Midnight token could gain EVM compatibility with Starstream, a new zkEVM solution designed for privacy-preserving smart contracts. W3i Software CEO discusses zero-knowledge proof...
Gold rises to record high above $4,500 on safe-haven flows
Gold (XAU/USD) rises and hits its record high around $4,505 during the Asian session on Wednesday. The precious metal gains momentum as the Israel-Iran conflict and the rising in US-Venezuela tensions...
US is way behind the curve on lowering interest rates
White House Adviser Kevin Hassett said that the Federal Reserve (Fed) is not cutting interest rates quickly enough, even though the US economy grew at a much faster-than-expected pace in the third qua...
Apple and Google dodge Texas age verification law as judge blocks it
A federal court stopped Texas law that would’ve forced app stores to verify users’ ages before they could download apps. The law was set to start January 1st. Judge Robert Pitman granted an order stop...
Amazon, Tesla, Oracle to reveal Bolivia investments next month as country ends socialist era
Bolivia’s President Rodrigo Paz announced Tuesday that several large American technology firms plan to reveal investment plans in the country soon. Speaking at a press conference held online, Paz said...