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Australian Dollar Holds Steady Near 0.7150 Amid Rising Fed Hike Bets, Middle East Tensions
The AUD/USD pair trades on a flat note near 0.7150 during the early Asian session on Monday. The pair steadies after retreating from multi-year highs amid shifting US interest rate expectations and ongoing geopolitical tensions.
Fxstreet
Mon, May 18
Gold Declines Below $4,550 on Rising Fed Hike Expectations
Gold price (XAU/USD) declines to around $4,535 during the early Asian trading hours on Monday. The precious metal remains on the defensive as heightened inflation concerns, due to the conflict in the Middle East, reinforce bets for higher interest rates.
Fxstreet
Mon, May 18
Latest Inflation Report: What It Could Mean For Bitcoin, Ethereum, And Solana Ahead
Bitcoin (BTC) dropping below the $80,000 mark is starting to undo some of the optimism that followed a major step forward for the industry. After the Senate Banking Committee markup for the CLARITY Act on Thursday, the market’s gains have since faded.NewsBTC
Sat, May 16
Pound Sterling Breaks Down as Labour Turmoil Overshadows Stronger UK GDP Data
GBP/USD fell 0.9% on Thursday, breaking below 1.3500 in a sharp staircase decline from session highs to a low close to 1.3395. The move extended a multi-week downtrend from the early-March peak, with bearish momentum building through the European afternoon. The daily candle closed near session lows.
Fxstreet
Fri, May 15
Euro Holds Gains Against Japanese Yen Amid Hawkish Ecb Rate Outlook
The EUR/JPY cross posts modest gains around 184.90 during the early European session on Thursday. The Euro (EUR) strengthens against the Japanese Yen (JPY) amid hawkish signals by European Central Bank (ECB) officials.
Fxstreet
Thu, May 14
Boe's Breeden: We Can’t Wait Forever, But We Don’t Need to Do It in June or July
Bank of England (BoE) Deputy Governor Sarah Breeden said that the central bank is in a good place to be able to watch what’s happening in the economy, the Financial Times reported on Thursday. Breeden added that the BoE can’t wait forever, but it doesn’t need to do it in June or July.Fxstreet
Thu, May 14
Chinese Yuan Reaches Three-Month Highs as Trump-Xi Meeting Begins
USD/CNH continues its losing streak that began on April 30, reached a 39-month low of 6.7815, and is now trading around 6.7850 during the Asian hours on Thursday. Traders adopted a cautious stance as the high-stakes summit between Presidents Donald Trump and Xi Jinping began in Beijing.Fxstreet
Thu, May 14
Ethereum Price Forecast: Spot selling pressures ETH, but dip-buying could provide support
Ethereum (ETH) is facing increasing selling pressure on the spot side following signs of cracks in US-Iran peace talks. With Oil prices surging higher, the top altcoin has failed to recover the $2,300 key level on Wednesday.Fxstreet
Thu, May 14
Euro Recovers Above 1.1700 as ECB Rate Hike Expectations Counter Stronger US PPI
The EUR/USD pair recovers some lost ground to near 1.1720 during the early Asian session on Thursday. The Euro (EUR) edges higher against the US Dollar (USD) on hawkish signals by European Central Bank (ECB) officials.Fxstreet
Thu, May 14
Altman denies deception as Musk trial puts OpenAI’s future on the line
OpenAI CEO Sam Altman took the witness stand in federal court in Oakland on Tuesday and told jurors he is an “honest and trustworthy businessperson,” rebutting weeks of testimony from former board members and executives who described a pattern of dishonesty.Cryptopolitan
Wed, May 13
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