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Ripple's XRP investors book over $4 billion in profits amid South Korea's declaration of martial law
Ripple's XRP is down 5% on Tuesday after news of South Korea declaring martial law sparked a surge in selling activity and significant profit-taking among investors. However, whales have stepped up buying pressure as the remittance-based token looks to stage a recovery.
Wed, Dec 4
Japanese Yen struggles to gain ground ahead of Jibun Bank Services PMI data
The Japanese Yen (JPY) trades in negative territory on Wednesday. The upbeat US Manufacturing PMI data and job openings data this week indicated that the US economy remains robust, lifting the Greenback.
Wed, Dec 4
USD/JPY Price Prediction: Potential for more downside
USD/JPY has found support just above the 100-day Simple Moving Average (SMA) at 148.96 and bounced.
Tue, Dec 3
Gold edges higher after Fed speakers talk up Christmas interest-rate cut
Gold (XAU/USD) edges higher to trade in the $2,640s on Tuesday after commentary from Federal Reserve (Fed) speakers led to an uptick in the probabilities of the Fed cutting interest rates at its December policy meeting.
Tue, Dec 3
Silver Price Forecast: XAG/USD remains capped below $31.00, further consolidation cannot be ruled out
The Silver price (XAG/USD) gains traction to near $30.90 during the early European session on Tuesday.
Tue, Dec 3
GBP/USD remains depressed below mid-1.2600s amid modest USD strength
The GBP/USD pair remains on the defensive through the Asian session on Tuesday, albeit it lacks follow-through selling and currently trades just below mid-1.2600s.
Tue, Dec 3
Gold price consolidates in a range around $2,640 area
Trade war fears, geopolitical risks and depressed US bond yields lend some support.
Tue, Dec 3
Japanese Yen weakens slightly; USD/JPY climbs back closer to 150.00 mark
The Japanese Yen (JPY) edges lower against its American counterpart during the Asian session on Tuesday and pushes the USD/JPY pair away from the lowest level since October 16 touched the previous day.
Tue, Dec 3
WTI lacks firm intraday direction, oscillates in a range below $68.00
West Texas Intermediate (WTI) US Crude Oil prices struggle to gain any meaningful traction on Tuesday and oscillate in a range below the $68.00/barrel mark during the Asian session.
Tue, Dec 3
Australian Dollar extends decline as Trump tariff concerns linger
The Australian Dollar (AUD) extends its downside to near 0.6470 during the early Asian session on Tuesday. The stronger US Dollar (USD) to the three-day highs drags the pair lower.
Tue, Dec 3
Fed's Bostic: Keeping ‘options open’ for December rate decision
Federal Reserve Bank of Atlanta President Raphael Bostic said on Monday that he’s undecided on whether an interest-rate cut is needed in the December meeting, but still believes Fed officials should continue lowering rates over the coming months, per Bloomberg.
Tue, Dec 3
Fed's Williams: More rate cuts likely needed ‘over time’
Federal Reserve Bank of New York President John Williams said on Monday that the Fed officials will likely need to cut the interest rates further to move policy to a neutral stance now that risks to inflation and employment have become more balanced, per Bloomberg.
Tue, Dec 3
EUR/USD backslides into 1.05 as Euro bids remain elusive
EUR/USD kicked off another trading week with a decline back into familiar near-term lows, flubbing a fresh run at the 1.0600 handle and backsliding into 1.0500, shedding nearly eight-tenths of a percent on Monday.
Tue, Dec 3
Ripple's XRP eyes new all-time high, key factors to consider after extending its uptrend by 25%
Ripple's XRP continued its rally with a 25% surge on Monday, stretching its monthly gains to over 430%. Following the recent uptrend, the remittance-based token now ranks #3 among top cryptocurrencies despite witnessing a mix of bullish and somewhat bearish investor actions in the past few days.
Tue, Dec 3
Pound Sterling loses 1.2700 level against US Dollar after Trump defends USD dominance
The Pound Sterling falls on Monday against the US Dollar after Donald Trump threatened BRICS with 100% tariffs, supporting the Greenback.
Mon, Dec 2
Crude Oil trades stuck in tight range ahead of crucial OPEC+ meeting
Crude Oil is still trading in a tight range on Monday, similar to levels seen last week, ahead of the most crucial OPEC+ meeting ahead of 2025 to be held on Thursday.
Mon, Dec 2
Ripple surges to a six-year high just below $2.50
Ripple (XRP) price extends its gains, trading above $2.40 at the time of writing on Monday after rallying more than 60% the previous week and surging almost four times in November.
Mon, Dec 2
ECB’s Kazaks: In my view, rate cuts must continue
European Central Bank (ECB) policymaker Martins Kazaks said on Monday, “in my view, rate cuts must continue.” He added that “we see that the inflation problem will soon end.” Market reaction The above comments fail to affect the Euro , as EUR/USD loses 0.48% on the day to trade near 1.0525, at the p
Mon, Dec 2
USD/CAD climbs back closer to mid-1.4000s on stronger USD, trade war fears
USD/CAD catches aggressive bids on Monday amid a goodish pickup in the USD demand.
Mon, Dec 2
NZD/USD attracts some sellers below 0.5900 despite stronger China’s Caixin Manufacturing PMI data
The NZD/USD pair trades on a softer note around 0.5895 on Monday during the Asian trading hours.
Mon, Dec 2
