Loonie Faces Key Support Ahead of US Data & OPEC+

USD/CAD ANLAYSIS & TALKING POINTS Moderating Canadian inflation unable to shake CAD bulls just yet. US durable goods orders, consumer sentiment and BoC’s Macklem in focus later today. Will channel support hold firm once again? Want to stay updated with the most relevant trading information? Sign up for our bi-weekly newsletter and keep abreast of

Bangladesh faces dollar crisis as reserves fall to $19.6 billion By Investing.com

DHAKA – Bangladesh is grappling with a dollar shortage amid the ongoing global economic challenges, with its foreign exchange reserves dipping to $19.6 billion. The country’s reserves, which are sufficient to cover just over three months of imports, have been under pressure due to a combination of rising import costs and a decline in exports

Digital Euro Project Faces Privacy Concerns, ECB and Edpb Seek Clarity By Investing.com

© Reuters. The European Central Bank (ECB) is making strides towards a digital euro, but the initiative is encountering delays due to privacy concerns surrounding small transactions. The European Data Protection Board (EDPB), led by Deputy Chair Irene Loizidou Nicolaidou, has advocated for the inclusion of a privacy limit in the upcoming legislation. This would

Bitcoin Faces Death Cross as XRP Fails to Capitalize on Appeal Ruling

BITCOIN, RIPPLE KEY POINTS: Bitcoin Prices Struggle at 28k Hurdle Once More as Death Cross Pattern Adds to Uncertainty. Ripple Receives Positive News on Multiple Fronts but Still Fell Over 3% on Monday. Further Downside Ahead? Rumours Are that the SEC May Drop the Case Against Ripple Following the Recent Ruling, While the BIS has

Neil Phillips faces trial over alleged forex market manipulation By Investing.com

© Reuters. Neil Phillips, co-founder of Glen Point Capital and former hedge fund chief, is set to face trial next week in New York over allegations of manipulating the foreign exchange market tied to a $20 million transaction handled by Morgan Stanley. The bank’s involvement in the case was disclosed during an indictment revelation amid

AUD/USD faces delicate resistance near 0.6500 as focus shifts to RBA policy

Share: AUD/USD finds nominal selling pressure near 0.6500 while more upside remains favored. Soft US core PCE inflation data dragged the 10-year US Treasury yields to 4.5%. The RBA is expected to keep interest rates unchanged but the interest rate peak is seen at 4.35% by the year-end. The AUD/USD pair rallied to

Chinese yuan faces headwinds ahead of Golden Week holiday By Investing.com

© Reuters. The is bracing for the upcoming Golden Week holiday, an event that will lead to a temporary trading halt in mainland China while continuing globally, potentially leading to asset disparities. This eight-day period, which starts on Thursday, will see a lack of daily reference rates due to the closure of the onshore market.