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Gold has wild ride with US Dollar pressured by German election outcome
Gold price pops near 0.50% in the early European session on Monday. Although the Far-Right AfD has gained 20% of votes, the CDU has booked a comfortable lead. US Dollar Index drops, opening room for Gold to tick higher.
Gold
Fxstreet
Feb 24, 2025
EUR/USD falls back amid fears over German economic outlook
EUR/USD surrenders most of its initial gains as the US Dollar bounces back. Market participants worry that potential German coalition government formation will unlikely uplift the economy. Weak US private business activity data weighed on the US Dollar.
EUR/USD
Fxstreet
Feb 24, 2025
DeepSeek Shakes NVIDIA's Moat, Jensen Huang: Computing Remains the Future
The DeepSeek model, which has swept the globe with its low computing power cost, once caused NVIDIA's market value to experience the largest drop in the history of the US stock market. NVIDIA’s CEO, Jensen Huang, recently responded for the first time to the impact of DeepSeek on the company.
TradingKey
Feb 24, 2025
NZD/USD Price Forecast: Hovers around 0.5750 near nine-day EMA support
NZD/USD could target the two-month high at 0.5794. The 14-day RSI stays above the 50 level, reinforcing the bullish sentiment. The nine-day EMA at 0.5721 level appears as the immediate support.
NZD/USD
Fxstreet
Feb 24, 2025
Pound Sterling outperforms US Dollar as Fed dovish bets rise on weak US Services PMI
The Pound Sterling jumps to near 1.2700 against a weakened US Dollar after a sharp slowdown in US services sector data for February. Traders expect the BoE to cut interest rates two times more this year. This week, investors will focus on the US Durable Goods and PCE inflation data for January.
GBP/USD
Fxstreet
Feb 24, 2025
As US Exceptionalism Fades, Are Chinese and European Stock Markets the Promising Choices?
As domestic economic data in the U.S. begins to deteriorate, the impact of DeepSeek's technological prowess and the uncertainties surrounding European elections gradually recede. The U.S. stock market now faces tremendous internal and external pressures, with Wall Street actively seeking...
USD/CNH
EUR/USD
TradingKey
Feb 24, 2025
EUR/GBP rises to near 0.8300 following Germany’s conservative victory
EUR/GBP climbs as market sentiment improves after Germany’s conservative election victory. Investors focus on the coalition-building process, with strong leadership viewed as essential for driving key fiscal reforms in Germany. The Pound Sterling may find support as expectations for a Bank of Englan
EUR/GBP
Fxstreet
Feb 24, 2025
A deal for Intel Products could be lucrative for Broadcom: analyst
Broadcom (NASDAQ:AVGO) could be looking at an “extremely lucrative” opportunity if it moves forward with an acquisition of Intel’s x86 products business, according to Piper Sandler analysts.
Investing.com
Feb 24, 2025
Berkshire Hathaway reports record operating earnings as cash pile swells further
Warren Buffett's Berkshire Hathaway (NYSE:BRKa) (NYSE:BRKb) reported record operating earnings for 2024, driven by strong performance in its insurance businesses and higher investment income. Meanwhile, the firm's cash position rose to a new high of $334.20 billion in the fourth quarter.
Investing.com
Feb 24, 2025
Europe faces incremental defence shift amid geopolitical pressures
Investing.com -- Europe is likely to take incremental steps rather than a transformational approach in adjusting its defence strategy, Barclays (LON:BARC) said amid the mounting geopolitical pressures and inefficiencies in defence spending.
EUR/USD
Gold
Investing.com
Feb 24, 2025
Gold price extends its consolidative price move near all-time peak
Gold price continues to attract safe-haven flows amid worries about Trump’s tariff plans. The emergence of fresh USD selling and inflation concerns also support the XAU/USD pair. Hawkish Fed expectations might cap any further gains for the non-yielding yellow metal.
Gold
Fxstreet
Feb 24, 2025
WTI hovers near $70.00, downside appears amid potential exports from Kurdistan’s oilfields
West Texas Intermediate (WTI) Oil price edges higher to around $70.30 per barrel during Asian trading hours on Monday.
Brent
WTI
Fxstreet
Feb 24, 2025
NZD/USD holds gains near 0.5750 following Retail Sales, China’s annual policy blueprint
NZD/USD recovers recent losses registered in the previous session, trading around 0.5750 during the Asian hours on Monday.
NZD/USD
Fxstreet
Feb 24, 2025
Dollar Index Plummets, Emerging Markets Make a Comeback!
The weakening dollar has prompted investors to shift their focus to Asian emerging markets, but analysts warn that Trump's tariff policies could strengthen the dollar again.
TradingKey
Feb 24, 2025
Is the American Bitcoin Dream Shattered? Montana House Shockingly Rejects Reserve Bill!
The Bitcoin strategic reserve bill in Montana has been rejected, leading to a dip in Bitcoin prices which may continue to decline.
Bitcoin
TradingKey
Feb 24, 2025
Gold Price Forecast: XAU/USD attracts some sellers below $2,950 on profit-taking
Gold price (XAU/USD) drifts lower to near $2,925 during the Asian trading hours on Monday.
Gold
Fxstreet
Feb 24, 2025
AUD/USD gains traction above 0.6350 on weaker US Dollar
The AUD/USD pair edges higher to near 0.6370 during the early Asian session on Monday.
AUD/USD
Fxstreet
Feb 24, 2025
German election: Conservatives win election, AfD second - exit polls
According to exit surveys conducted by German broadcaster ZDF, the Christian Democratic Union and its allied Christian Social Union secured the largest share of votes in the German federal election on Sunday, per CNBC.
Fxstreet
Feb 24, 2025
ECB's Villeroy: Deposit rates could be at 2% by this summer
European Central Bank policymaker and Bank of France head, Francois Villeroy de Galhau, said on Saturday that the ECB could cut its deposit rate down to 2% by this summer, per Reuters.
Fxstreet
Feb 24, 2025
Elon Musk tells federal workers: Explain your job or you’re fired
Elon Musk told every US government employee on Saturday they must clearly say what they did last week—or else they’re out of a job. Elon posted on X (formerly Twitter) that this sudden demand came directly from President Donald Trump.
Cryptopolitan
Feb 23, 2025
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