News
Important Only
OPEC+ set to increase supply – ING
Oil prices are under pressure with ICE Brent settling more than 1.6% lower yesterday. This follows news that OPEC+ is sticking with plans to gradually increase supply from April by 138k b/d in the month, ING's commodity experts Ewa Manthey and Warren Patterson note.Fxstreet
Tue, Mar 4
EUR/USD: 2-way trades likely unless 100-DMA breaks – OCBC
Euro (EUR) continued to drift higher vs US Dollar (USD) as European leaders were seen coming together to offer Ukraine support, fuelling expectations for a higher defence spending. Pair was last at 1.0495 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.Fxstreet
Tue, Mar 4
EUR: European defence spending narrative looks overblown – ING
EUR/USD had a decent rally yesterday as investors focused on the explosive rally in European defence stocks. That Europe needs to spend a lot more on defence now is not in doubt. The question is what does it mean for FX?Fxstreet
Tue, Mar 4
Solana memecoins in red: Popcat and Dogwifhat shed $140M as TRUMP’s token tumbles 80% from all-time high
Solana memecoin sector valuation declined by $2 billion in 24 hours to hit $8.1 billion in early Asian trading on Tuesday.Technical indicators highlight key levels to watch as Popcat, Dogwihat and Trump emerge top losers.
Fxstreet
Tue, Mar 4
AUD/USD: The major support at 0.6190 could be just out of reach – UOB Group
Australian Dollar (AUD) could continue to decline vs US Dollar (USD), but the major support at 0.6190 could be just out of reach. In the longer run, further AUD declines seem likely; the level to monitor is 0.6190, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Fri, Feb 28
