Bitcoin trades in a quiet mode, awaiting Trump’s decision on tariffs
Bitcoin holds under one-week high and in relatively quiet mode on Friday, as markets await decision of President Trump over imposing of 25% tariffs on imports from Canada and Mexico until February 1 deadline.
Compared to other…
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Fresh safe haven demand lifts gold price to new record high
Gold price posted new record high on Friday, following a probe through psychological $2800 barrier, in extension of Thursday’s 1.3% advance.
The bullion benefited from fresh safe haven demand on renewed tariff threats from President…
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ECB cuts rates as expected, signals readiness for further easing
The European Central Bank reduced interest rates by a widely expected 25 basis points to 2.75%, keeping the door open for further easing as sluggish economic growth takes priority over persistent inflation worries.
This marks the ECB’s…
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WTI oil price falls further on oil crude stocks rise
WTI oil price fell to the lowest level in nearly one month after unexpected rise in US crude stocks further weakened the sentiment.
Although fresh dip is facing headwinds, it may signal a continuation of a downtrend from $79.35 (Jan 15…
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Dollar regains traction on renewed tariff talks, awaits FOMC decision
The dollar index was firmer on Tuesday and recovering from Monday’s turbulence, sparked by DeepSeek shockwave.
Today’s gap higher opening and (so far limited) bounce, were sparked by Trump’s renewed tough tariff rhetoric.
The action…
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WTI oil – bears are taking a breather
WTI oil price edged higher from new almost one month low on Tuesday, signaling that steep fall that extends into second week, may take a breather.
The drop was sparked by profit-taking from previous $66.98/$79.35 rally, likely boosted by…
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USDJPY – fresh acceleration lower cracks important supports
USDJPY edged higher after fresh acceleration lower in European session on Monday, hit new multi-week low.
Bears found footstep at 50% retracement of 148.64/158.87 upleg, but upside is likely to be limited, as broken supports at 154.96/76…
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EURUSD – recovery holds grip, but FED/ECB policy divergence may obstruct bulls
EURUSD regained traction after overnight’s drop and rose above 1.05 handle, penetrating falling daily cloud (spanned between 1.0490 and 1.0664), after better than expected German January Ifo report boosted the sentiment.
Bulls…
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Bitcoin collapses below 100K
Bitcoin was sharply down and dipped below psychological 100K support in early Monday trading.
The price dropped around 6% in Asian session, in the biggest session drop in a weeks, mainly driven by risk-off selling.
Fresh drop weakened…
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Gold extends gains on Trump’s latest comments, nears record high
Gold price accelerated higher on Friday, offsetting initial negative signal that was developing on daily chart, from Thursday’s Hanging man candlestick.
Fresh gains (up 1% until early US session on Friday) came ticks ahead of gold’s…
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