SEC vs. Ripple lawsuit sees redacted filing go public, XRP dips to $0.51
Ripple lawsuit develops further as redacted version of SEC filing goes public. Ripple, SEC and related parties will file motions to seal material from the remedies-related filings by May 13. XRP wipes ...
EUR/USD falls slightly amid risks of prolonged Fed-ECB policy divergence
EUR/USD comes down slightly to 1.0740 as the US Dollar rises amid a light US economic calendar. The ECB is expected to opt for cutting interest rates in June. Fed’s Kashkari sees no rate cuts this ...
European policy shift continues with Riksbank easing – BoE decision looms
Notes/observations - Sweden Central Bank (Riksbank) starts easing for first time since 2016, amid inflation approaching target and weaker economic activity; Sees two more cuts in ...
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BoJ's Ueda: Rapid, one-sided Yen falls are negative for economy
Bank of Japan (BoJ) Governor Kazuo Ueda said on Wednesday that rapid, one-sided falls in the Japanese Yen are undesirable and negative for the Japanese economy, per Reuters.
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Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data. Silver trades at $27.14 per troy ounce, down 0.36% from the $27.24 it cost on Tuesday. Silver prices have increased by 6.56% ...
Oil slump continues, easing inflation fears
Dollar gains have helped drive energy markets lower once again, with crude oil falling into an eight-week low. Concerns over a fresh inflationary flare-up have eased somewhat thanks to a $10 decline ...
FX traders are already looking ahead to next week's inflation data
Indeed, the recent surge in Japanese retail traders flocking to the MXN/JPY carry trade, which has seen a return of 2% since the weekend, is a wonton disregard for potential intervention in the market ...
Why focusing on broken ATM trades improves your trade outcomes
Catching a 'one-way traffic' trade is mostly a matter of luck and doesn't compensate for the losses incurred for missing. Hence the saying, "You win some—you lose more." Instead, you're looking for ...
Risks build for stocks, as the Riksbank takes the plunge
The Riksbank took the plunge and cut interest rates on Wednesday, the first time it has cut rates since 2016. The cut to 3.75% from 4% was widely expected, and the Bank said that it expected to cut ...
USD gains, stocks stall as markets shrug off Fed optimism [Video]
Appetite in US stocks remains supported by robust earnings and Fed optimism, but the earnings expectations look somehow inflated, while the Fed optimism is fragile and data-dependent – meaning that ...
Pound Sterling falls due to US Dollar’s recovery, uncertainty ahead of BoE’s policy decision
The Pound Sterling dips slightly below 1.2500 due to multiple headwinds. Investors expect UK interest rates to remain steady at 5.25% with less-hawkish BoE’s guidance on interest rates. Fed’s Kashkari ...
India Gold price today: Gold falls, according to MCX data
Gold prices fell in India on Wednesday, according to data from India's Multi Commodity Exchange (MCX). Gold price stood at 71,405 Indian Rupees (INR) per 10 grams, down INR 120 compared with the INR ...