China's Deepseek Promises to Share Even More Ai Code In Rare Step
Chinese artificial intelligence (AI) sensation DeepSeek plans to release key codes and data to the public starting next week, an unusual step to share more of its core technology than rivals such as OpenAI have done.
13 hours ago
Bitcoin Reserves won’t Secure America’s Future, Only a Platform play Will
‘Managed effectively, bitcoin and stablecoins can reinforce dollar dominance’
14 hours ago
Oil Prices Set for Large Weekly Gain on Supply Concerns and Weaker Dollar
Oil prices dipped in midday trading on Friday but were still on track to record a large weekly gain on concerns of tightening supply and a weaker dollar.
15 hours ago
Bank of Korea to Cut Rates by 25 Bps on February 25 Amid Growth Worries
The Bank of Korea (BOK) will cut its key interest rate by 25 basis points on Tuesday, offering support to an economy which barely grew last quarter, according to economists polled by Reuters who expected a further 50 points of easing this year.
19 hours ago
China Pledges to Boost Services as US Calls to Rebalance Economy
Chinese officials are mapping out plans for tapping the nation’s huge customer base, as US Treasury Secretary Scott Bessent prepares to refresh calls for Beijing to decrease its dependence on exports.
20 hours ago
Shared Brics money: a Basket Currency or a Basket case?
Eight questions for proponents of a Brics common currency.
20 hours ago
Gold Gets Hit after Trump Administration Comments on the Possibility of Lifting Russian Sanctions
Gold’s price (XAU/USD) slides over 1% lower from its Thursday all-time high of $2,954 and trades around $2,925 at the time of writing on Friday.
2025-02-21
Malaysia’s International Reserves Hit US$117.7b at Mid-February
Malaysia’s international reserves had risen by US$1.3 billion as at Feb 14 from two weeks earlier, according to Bank Negara Malaysia
2025-02-21
EUR/USD: Has Room to Extend to 1.0530
Impulsive advance has room to extend to 1.0530; a clear break above this level appears unlikely. In the longer run, rejuvenated upward momentum suggests Euro (EUR) could continue to advance vs US Dollar (USD); the levels to monitor are 1.0530 and 1.0560, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
2025-02-21
US Dollar Index Price Forecast: Tests 106.50 Near Descending Channel's Lower Boundary
The US Dollar Index may find immediate support at the descending channel’s lower boundary at 106.10.
The 14-day RSI remains below 50, reinforcing bearish bias.
The primary resistance appears at the nine-day EMA at 107.00.
2025-02-21
Copper Soars as Gold and Silver Rally
Gold is on display at Korea Gold Standard in Seoul, Wednesday.
Copper prices are climbing, propelled by the recent sustained rally of gold and silver amid investors’ preference for safe-haven assets, market watchers said Friday.
2025-02-21
EUR/USD Poised to Renew Two-Month Highs as Buying Momentum Builds
The EUR/USD pair is hovering around 1.0503, extending its rally since midweek. The major currency pair has climbed to a two-mont
2025-02-21
GBP/JPY Jumps Above 190.50 after Upbeat UK Retail Sales Data
The GBP/JPY cross rises to around 190.70 during the early European trading hours on Friday.
2025-02-21
NZD/USD Remains Subdued Near 0.5750 Following Trade Balance Data
NZD/USD struggles as New Zealand posted a trade deficit of NZD 486 million in January.
The New Zealand Dollar could face challenges as Governor Orr indicated more rate cuts in the coming months.
US Initial Jobless Claims rose to 219,000 in the previous week, surpassing the expected 215,000.
2025-02-21
EUR/GBP Remains Silent Near 0.8300 Ahead of Key Data Release From Eurozone, UK
EUR/GBP maintains its position following gains in the previous session, trading around 0.8290 during the Asian hours on Friday.
2025-02-21
Pound Sterling Price News and Forecast: GBP/USD Reached a Two-Month High at 1.2674 as the US Dollar Struggled
GBP/USD edged lower after hitting a two-month high of 1.2674 on Friday, trading around 1.2670 at the time of writing during the Asian session.
2025-02-21
