News
Gold Price Forecast: XAU/USD battle to regain $5,000 continues
11+ min ago (401+ words) Spot Gold trades with a better tone on Thursday, trimming previous session losses and struggling to recover the $5,000 mark in the American session. The bright metal managed to recover from a weekly low of $4,842.06 achieved on Wednesday, but the lack…...
US: Trade, capital flows and Donroe Doctrine – Rabobank
14+ min ago (420+ words) "In geoeconomics, the US announced the first three projects under Japan's $550bn trade deal, which will include around $33bn for an LNG-powered plant, a crude oil facility and a synthetic industrial diamonds plant." "This is much more significant than it looks: it's…...
PLN: March cut seen but zloty lags – Commerzbank
53+ min ago (485+ words) Commerzbank's Tatha Ghose notes Polish forwards have scaled back expected easing to under 25 bps over 36 months, even as dovish inflation data and MPC rhetoric point to a March cut. He sees a 25 bps move as a done deal and expects…...
WTI surges on Iran nuclear talk and Strait of Hormuz closure
1+ hour, 21+ min ago (297+ words) EUR/USD's selling pressure is gathering pace now, opening the door to a potential test of the key 1.1800 region sooner rather than later. The pair's pullback comes on the back of marked gains in the US Dollar following US data…...
GBP/USD slips as UK CPI eases and FOMC minutes loom
1+ hour, 39+ min ago (297+ words) EUR/USD's selling pressure is gathering pace now, opening the door to a potential test of the key 1.1800 region sooner rather than later. The pair's pullback comes on the back of marked gains in the US Dollar following US data…...
NBH: First cut seen as easing cycle starts – ING
1+ hour, 44+ min ago (495+ words) ING economists Peter Virovacz and Frantisek Taborsky expect the National Bank of Hungary (NBH) to start an easing cycle at its 24 February meeting, cutting the base rate by 25bp to 6.25%. They see scope for another 25bp cut in March and possibly one…...
Australian Dollar Price Forecast: Potential for some near-term consolidation
1+ hour, 51+ min ago (1156+ words) The Australian Dollar (AUD) is still holding up well, and for now the broader tone remains constructive. The Reserve Bank of Australia (RBA) has struck a cautious but clearly hawkish note, and with inflation proving sticky and domestic fundamentals holding…...
Russia Producer Price Index (MoM): -2.5% (January) vs previous -1.6%
1+ hour, 51+ min ago (297+ words) EUR/USD's selling pressure is gathering pace now, opening the door to a potential test of the key 1.1800 region sooner rather than later. The pair's pullback comes on the back of marked gains in the US Dollar following US data…...
Did the RBNZ ruin the Kiwi rally? Not so fast
2+ hour, 26+ min ago (628+ words) Even further, the RBNZ's Board indicated the monetary policy may stay "accommodative" for some time, despite the Committee also considered the risk that policy remains accommodative for too long. But is the economy really at an early recovery stage? Numbers…...
Will Grayscale's Sui Staking ETF trigger a price rally?
2+ hour, 39+ min ago (639+ words) Sui (SUI) is extending its downtrend for the second consecutive day, trading at 0.95 at the time of writing on Wednesday. The Layer-1 token is down over 16% in February and approximately 34% from the start of the year, aligning with the overall…...