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EUR/JPY Holds Above Key Support, Eyes Renewed Upside – Forecast for April 29, 2025
The EUR/JPY currency pair has temporarily paused its upward movement after losing bullish momentum and slipping below the 163.25 level during the previous session....
Binance Launches Fund Accounts to Streamline Crypto Asset Management for Fund Managers
Binance has introduced Fund Accounts, a new solution aimed at helping fund managers optimize crypto asset management by pooling investor assets according to specific...
India’s Forex Reserves Surge to Six-Month High as Rupee Strengthens
India's foreign exchange (forex) reserves have surged to a six-month high, reaching $686.15 billion as of April 18, marking the seventh consecutive weekly increase....
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GBP/USD Forecast: Dollar Weakens as Growth Concerns Take Center Stage
The GBP/USD forecast suggests a pause in the dollar’s recent relief rally, as concerns about economic growth...
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EUR/JPY Tests Resistance: Bearish Bias for April 25, 2025
The EUR/JPY currency pair has encountered upward pressure, supported by a series of positive movements and forming...
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EUR/CAD Faces Strong Resistance: Bearish Outlook for April 25, 2025
The EUR/CAD currency pair has encountered significant resistance at the 1.5885 level, marking the end of its...
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China’s May oil imports from Russia soar 55% to a record, surpass Saudi supply
China's crude oil imports from Russia soared 55% from a year earlier to a record level in May, displacing Saudi Arabia as the top...
China keeps lending benchmarks unchanged, wary of policy divergence risks
China stood pat on its benchmark lending rates for corporate and household loans, as expected, on Monday, with global central banks' rate increases making...
IMF delegation visits crisis-hit Sri Lanka with time running out
An International Monetary Fund (IMF) team arrives in Sri Lanka on Monday for talks on a bailout programme, but time is short for a...
UK property prices rise by least since January – Rightmove
Asking prices for British homes being put up for sale rose by the smallest amount since January this month, as the rising cost of...
Britain introduces plans to better regulate ‘buy now, pay later’ firms
Britain plans to make "buy now pay later" (BNPL) firms carry out affordability checks, gain approval by the Financial Conduct Authority (FCA) and ensure...
What about Russian gas cuts?Germany makes urgent new law: Burn coal!
Germany, Europe's economic powerhouse, has opted to burn coal to avoid the nightmare of winter supply disruptions as Russian gas supplies fall. Germany is working...
Yellen: US inflation ‘unacceptably high’ but recession not inevitable
With the Federal Reserve taking aggressive action to combat stubbornly high inflation, talk of a recession is mounting and U.S. officials have come out...
Fed official: Don’t expect US recession, return to 2% inflation target will take years
On Sunday, Loretta Mester, president of the Cleveland Fed and a vote taker for 2022, said the risk of a U.S. recession is increasing...
Japanese stocks and bonds double kill, government bond interest rate breached the central bank set ceiling, the market bated its breath for the central...
With the Fed aggressively raising rates and other countries following suit, pressure is on the bank of Japan, with markets betting it will have...
Credit Suisse is pushing interest rates towards 10 per cent
The interest rate on credit Suisse's latest bond issue hit 10% as the bank seeks to pay out billions of dollars in compensation to...
German finance Minister disapproves of ECB, ‘where’s the bond market risk’
In Europe, caught up in a financial shock, a familiar drama is unfolding. At a closed-door meeting Thursday local time, German Finance Minister Christian Lindner...
Gas shortage in Europe again!Gas surges 20%, Germany urges energy conservation, Russia: None of my business
European gas prices surged on Thursday after Russia cut supplies to the continent for "technical" reasons. Front-month Dutch gas, the European benchmark, jumped 21.5 per...