News
NYSE parent partners with OKX to launch perpetual Oil contracts
10+ min ago (557+ words) Intercontinental Exchange (ICE), parent company of the NYSE, has partnered with OKX to roll out perpetual futures contracts for its Brent Crude and WTI Crude energy benchmarks. The collaboration, announced on Friday, highlights growing momentum to bring traditional assets into…...
Singapore Dollar: Buy dips against dollar in choppy range " OCBC
2+ hour, 2+ min ago (397+ words) OCBC notes USDSGD is trading choppily in a subdued range, closely tracking moves in the USD, Oil and UST yields. The bank sees mild bullish momentum starting to fade and maintains a bias to sell rallies, with key support around…...
Silver Price Forecast: XAG/USD remains range-bound with RSI and MACD signaling weak momentum
2+ hour, 21+ min ago (501+ words) Silver (XAG/USD) remains range-bound on Friday as traders avoid aggressive positioning amid uncertainty surrounding US-Iran negotiations. At the time of writing, the white metal trades near $76. 00 and is likely to close the week on a flat note. Separately, sources…...
Gold price slips as Waller's hawkish comments lift USD
2+ hour, 26+ min ago (819+ words) Gold price edges lower during the day as the Greenback recovers some ground amid doubts that the US and Iran could reach a deal to end the conflict, and traders are pricing in a Federal Reserve (Fed) rate hike by…...
Chinese Yuan: Neutral within tight onshore band " UOB
1+ hour, 29+ min ago (292+ words) "1-3 WEEKS VIEW: We revised our view to neutral yesterday (21 May, spot at 6. 8010). We highlighted that "the current price movements are likely part of a range-trading phase between 6. 7820 and 6. 8220." There is no change in our view. " EUR/USD remains on the…...
Economics week ahead
3+ hour, 20+ min ago (254+ words) Download the Full Report! EUR/USD remains on the back foot and hovers around the 1. 1600 region on Friday. The pair continues to face headwinds as the US Dollar stays firm, supported by growing expectations that the Fed could maintain a…...
US Dollar Weekly Forecast: Higher for longer is back at the centre of the Dollar story
2+ hour, 29+ min ago (1268+ words) The US Dollar's (USD) week was an apathetic one. There were ups and downs and plenty of uncertainty in the geopolitical field. Come Friday, and there is still no news regarding a potential US-Iran deal to end the Middle East…...
United States Baker Hughes US Oil Rig Count registered at 425 above expectations (416)
3+ hour, 31+ min ago (250+ words) EUR/USD remains on the back foot and hovers around the 1. 1600 region on Friday. The pair continues to face headwinds as the US Dollar stays firm, supported by growing expectations that the Fed could maintain a hawkish stance amid lingering…...
Why are these two AI tokens surging?
4+ hour, 13+ min ago (792+ words) Artificial Intelligence (AI) tokens Near Protocol (NEAR) and Grass (GRASS) are extending gains on Friday, building on improving sentiment in the sector. NEAR is up 18%, trading near the $2. 40 resistance, while GRASS hovers around $0. 45. The sector's total market capitalization averages $26 billion,…...
Fed's Warsh says he will lead reform at the Fed
4+ hour, 13+ min ago (314+ words) Freshly-minted Federal Reserve (Fed) Chair Kevin Warsh delivered his first public speech as head of the Fed on Friday, delivering his key talking points after being sworn in. Ours is a time of great consequence Not naive about challenges we…...