February 19, 2025
Safe-haven dollar gains amid tense Russia-Ukraine talks
The U.S. dollar advanced against major currencies, with losses led by the euro, garnering safe-haven bids amid tariff concerns and peace negotiations on the Russia-Ukraine conflict that are fraught with tension and miscommunication. The last session saw the Euro fall 0.4% against the Dollar. According to the CCI, we are in an overbought market.Support: 1.0414 […]
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February 19, 2025
Ether reserves on exchanges hit 9-year low as supply shrinks
Ether reserves across centralized exchanges hit an almost nine-year low, reinforcing investor optimism for a potential market bottom that may start a recovery toward the $3,000 psychological mark.
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February 19, 2025
Gold rises as Trump tariff uncertainty fuels safe-haven demand
Gold prices rose over 1% as concerns over economic growth due to uncertainty surrounding U.S. President Donald Trump’s tariff plans prompted safe-haven flows into bullion. The market’s focus has now shifted to the U.S. Federal Reserve’s January meeting minutes for clues into the central bank’s interest rate trajectory. The Gold-Dollar pair skyrocketed 1.0% in the […]
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February 18, 2025
Shein faces investor pressure to slash valuation to $30 billion
Online fast-fashion retailer Shein is under pressure to cut its valuation to about $30 billion ahead of its London listing. Its shareholders are suggesting that an adjustment is required to help get the potential initial public offering in the UK over the line.
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February 18, 2025
European shares break record highs on Ukraine peace hopes
European shares rose to record levels, led by defence stocks, as the region’s political leaders called for an emergency summit on the Ukraine war amid growing U.S. calls to boost military spending for security.
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February 18, 2025
Oil prices steady as peace talks loom, Caspian supply reduced
Oil prices were broadly steady as investors monitored developments over a possible Russia-Ukraine peace deal that could increase global flows by easing sanctions, while reduced Caspian supply from a pumping station drone attack curbed any selling. The Oil-Dollar pair skyrocketed 1.3% in the last session. The RSI is giving a negative signal.Support: 69.539 | Resistance: […]
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