EUR/USD rose 0.5%, surpassing 1.0500. Market eyes US GDP, inflation data. Resistance remains at 1.0650.
Bank of America expects steady interest rates until 2026, tightening financial conditions and potentially increasing recession risks.
GBP/USD rose slightly, stabilising near 1.2680 as markets anticipate Trump delaying tariffs; attention shifts to GDP.
The Trump administration plans a registry for undocumented immigrants, requiring fingerprints and addresses or facing penalties.
Silver prices fell over 1.80%, dropping below $32.00 amid risk aversion, bearish momentum, and industrial demand concerns.
Congo considers cobalt export quotas to address oversupply, stabilize prices, and counter declining demand from automakers.
Crude stocks drop, AUD/USD weakens, USD/JPY rebounds, gold fluctuates, crypto declines, politics and trade in focus.
US consumer confidence fell, market sentiment weakened, Richmond Fed index rose, gold and oil declined, S&P 500 dropped.
US 5-year note yield drops, AUD/USD struggles, USD/JPY rises, gold weakens, Bitcoin falls, Germany’s elections loom.
Australia will release January’s CPI data on 26 February 2025, with inflation rising despite recent declines.
