BNB Coin (BNB) has been making headlines as it surges to new all-time highs and demonstrates strong network activity. Just 14 hours ago, BNB reached $882.60, marking its highest price ever and positioning it among the top-performing assets in the top 5 cryptocurrencies. Year-to-date (YTD) gains of 20.5% put it just shy of Bitcoin’s (BTC)...
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In forex
EUR/JPY Price Forecast: Positive View Prevails Above 172.50 Amid Risk-On Sentiment
The EUR/JPY currency pair has gained momentum in early trading, gathering strength near 172.60 during Monday’s Asian session, up approximately 0.20% on the day. The technical outlook remains constructive as the pair continues to benefit from a risk-on market sentiment, alongside ongoing uncertainty regarding the Bank of Japan’s (BoJ) interest rate policy. Liam Gerald, a...
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In forex
Japanese Yen Remains Depressed Against a Mildly Positive USD; Bears Lack Conviction
The Japanese Yen (JPY) continues to drift lower against a mildly positive US Dollar (USD) during the Asian session on Monday, reflecting a combination of receding safe-haven demand and ongoing uncertainty over Bank of Japan (BoJ) rate hikes. While the USD/JPY pair maintains modest intraday gains, market participants are cautious, and JPY bears appear non-committal...
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In finance
Gold Climbs from Two-Week Low Ahead of High-Profile International Meeting
Gold (XAU/USD) staged a notable rebound on Monday, climbing over $30 from a two-week low observed earlier during the Asian session around the $3,324–3,323 region. The recovery underscores a growing interplay between US bond yields, Federal Reserve (Fed) policy expectations, and geopolitical developments, which continue to shape the dynamics of the safe-haven bullion. In this...
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In forex
EUR/USD Price Forecast: Eyes 1.1700 Support Near Ascending Channel’s Lower Boundary
The EUR/USD currency pair remains under the spotlight as traders focus on critical technical levels and ongoing market momentum. Following a notable 0.5% gain in the previous session, EUR/USD edged lower during Asian trading hours, hovering around 1.1710. Despite this minor pullback, technical indicators suggest that the bullish bias continues to dominate, with price action...
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In business
USD/CHF Dips Toward 0.8060 as Investors Anticipate High-Level Meeting
USD/CHF Faces Selling Pressure Amid Dovish Fed Bets The USD/CHF currency pair is showing signs of selling pressure on Monday, edging lower toward the 0.8060 mark amid renewed dovish bets on the Federal Reserve’s (Fed) monetary policy. Market participants are closely watching developments in both the US economic landscape and global geopolitical affairs, which are...
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In forex
Australian Dollar Receives Support from Easing Odds of Further Fed Rate Cuts
The Australian Dollar (AUD) extended its gains for a second consecutive session on Monday as the US Dollar (USD) held steady amid a dovish sentiment surrounding the Federal Reserve (Fed) outlook. The AUD/USD pair remains underpinned by positive Australian employment data, which reduced the urgency for additional Reserve Bank of Australia (RBA) rate cuts in...
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In finance
GBP/JPY Climbs Back to 200.00, Remains Close to Over One-Year Peak Touched Last Week
The GBP/JPY currency pair regained positive momentum at the start of a new trading week, climbing back closer to the 200.00 psychological mark during the Asian session. Spot prices remain near the over one-year high reached last week, reflecting a combination of supporting factors that continue to favor the British Pound (GBP) over the Japanese...
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In business
EUR/GBP Softens Below 0.8650 as Traders Brace for US-Ukraine Talks
The EUR/GBP cross edged lower to around 0.8630 in Monday’s early European session, reflecting a cautious market tone amid macroeconomic releases and ongoing geopolitical uncertainty. The Pound Sterling (GBP) softened against the Euro (EUR) despite a surprisingly resilient UK Gross Domestic Product (GDP) report for the second quarter (Q2). Investors and forex traders are closely...
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In forex
USD/INR Tumbles as Indian PM Modi Vows a Wave of GST Reforms
The Indian Rupee (INR) surged sharply against the US Dollar (USD) on Monday, reflecting growing market optimism following Indian Prime Minister Narendra Modi’s announcement of sweeping Goods and Services Tax (GST) reforms. The USD/INR pair slumped to 86.50, marking a significant intraday decline as traders and investors digested the news of potential structural tax changes...
