News
Important Only
EUR/USD lacks firm intraday direction, stuck in a range around 1.0375-1.0380 zone
The EUR/USD pair struggles to capitalize on this week's solid recovery from the 1.0200 neighborhood, or the lowest level since January 13, and oscillates in a range near the weekly top touched earlier this Wednesday.
Fxstreet
Feb 5, 2025
Bitcoin Funding Rate Turns Negative For The 7th Time in a Year – Every Previous Drop Led To Gains
Bitcoin and the entire crypto market faced a sharp decline as fears of a U.S. trade war rattled investors. The price plummeted amid uncertainty, only to stage a swift recovery after reports emerged that President Trump is in negotiations with Mexico and Canada to lift the tariffs.
Oil little changed as market shrugs off China tariffs but Iran pressure supports
Feb 5 (Reuters) - Oil prices were little changed on Wednesday after volatile trading in the previous session as investors shrugged off the impact of China's tariffs on U.S. energy imports though President Donald Trump's renewed push to eliminate Iranian crude exports provided some support.
Reuters
Feb 5, 2025
Japanese Yen rallies on strong wage growth data; USD/JPY slumps to mid-153.00s
The Japanese Yen (JPY) attracts fresh buyers after data released during the Asian session on Wednesday showed a rise in Japan's real wages, which reaffirms bets that the Bank of Japan (BoJ) will raise interest rates again.
Fxstreet
Feb 5, 2025
Shanghai copper eases on US-China trade tensions
Feb 5 (Reuters) - Shanghai copper prices eased on Wednesday as trading resumed after the Lunar New Year holidays, with fears of an escalation in trade tensions between the United States and top metals consumer China dampening market sentiment.Reuters
Feb 5, 2025
USD/CAD consolidates above 1.4300 mark; upside potential seems limited
USD/CAD struggles to gain any meaningful traction and hangs near a two-week trough. Subdued Oil prices and the BoC’s dovish outlook undermine the Loonie and cap the pair. The USD languishes near the weekly low and further acts as a headwind for spot prices.
Fxstreet
Feb 5, 2025
Alphabet plans massive capex hike, reports cloud revenue growth slowed
Feb 4 (Reuters) - Alphabet GOOGL.O said on Tuesday it will spend $75 billion on its AI buildout this year, 29% more than Wall Street expected, and investors signaled disappointment at a missed cloud revenue target and began showing impatience over profitability.Reuters
Feb 5, 2025
Fed's Jefferson: Rates likely to fall over medium term
Feb 4 (Reuters) - The Federal Reserve can continue cutting interest rates at least "over the medium term," Fed Vice Chair Philip Jefferson said on Tuesday, reiterating the U.S. central bank's message that policymakers needn't rush their next rate cut.
Dogecoin Price Prediction: ‘Channel Down’ Formation Shows Why A Bounce Above $0.3 Is Expected
Crypto analyst TradingShot has identified a pattern on DOGE’s chart that shows why a bounce above $0.3 is expected for the Dogecoin price. This provides some optimism regarding the foremost meme coin, which was one of the most affected by the recent downtrend in the crypto market. ‘Channel Down’ For
Ethereum Price Forecast: ETH drops below $2,800 amid gas limit increase above 30 million units
Ethereum price today: $2,670 Ethereum validators reached a consensus to increase the network's gas limit above 30 million units to improve scalability. Ethereum buying activity has increased since the market crash, with ETH ETFs taking in $83 million and exchange reserves plunging by over 250,000...Fxstreet
Feb 5, 2025
Amgen profits rise, next MariTide studies start by mid-year
Feb 4 (Reuters) - Amgen AMGN.O posted a higher quarterly profit on Tuesday as product sales rose 11% and said late-stage studies of key obesity drug candidate MariTide will start before mid-year but regulators have placed a hold on an early-stage trial of a different experimental weight-loss drug.
Reuters
Feb 4, 2025
BRIEF-T-Mobile USA Files For Offering Of €1 Billion 3.150% Senior Notes Due 2032
Feb 4 (Reuters) - T-Mobile US Inc TMUS.O:T-MOBILE USA INC FILES FOR OFFERING OF €1 BILLION 3.150% SENIOR NOTES DUE 2032 -SEC FILINGT-MOBILE USA INC FILES FOR OFFERING OF €1 BILLION 3.500% SENIOR NOTES DUE 2037, €750 MILLION 3.800% SENIOR NOTES DUE 2045Source text: [ID:n0001193125-25-020073]..
Reuters
Feb 4, 2025
