The EUR/USD has run up high in a short squeeze as traders look ahead to US CPI for clues concerning the future path of the US economy. The EUR/USD has been testing a critical high in the midday session on Wall Street following what had been a positive start for …

Ethereum price trades in a very small range and seems to have only one element that could help avoid a small meltdown.Tuesday’s US inflation figure is expected to be the catalyst for the crypto asset. Ethereum price sees a pressure mountain around $1,490 with the monthly pivot for February under …

The Federal Reserve Bank of New York’s monthly Survey of Consumer Expectations showed on Monday that the US consumers’ one-year inflation expectation stayed unchanged at 5% in January.Further details of the publication showed that the three-year ahead expected inflation declined to 2.7% from 2.9% in December and the five-year ahead …

Gold has dived to five-week lows at around $1850 with the beginning of the new trading week as bears eye the 100-DMA beneath $1820.Market participants are eyeing Tuesday’s US CPI data, which could reaffirm the disinflation process has already started. A daily close below $1850 would pave the way toward …

Financial markets ended the trading week with cautious optimism following apparent uncertainty and concerns about the US central bank’s next moves regarding interest rate hikes and the Fed’s monetary policy. Oil prices rose more than 2% on Friday and posted weekly gains of over 8%, as Russia announced plans to …

Oil prices rose more than 2% on Friday and posted weekly gains of over 8%, as Russia announced plans to reduce oil production next month after the West imposed price caps on the country’s crude and fuel.Brent crude futures rose to settle at $1.89, or 2.2%, to $86.39 a barrel. …

The United States awaits January’s Consumer Price Index next Tuesday. Eurozone’s GDP could be crucial for the Euro. The EUR/USD pair fell for a second consecutive week, further retreating from the 1.1000 region to settle around the 1.0700 figure. At the time of writing, the pair is trading at 1.0676; …

Oil prices rose more than 2% on Friday and posted weekly gains of over 8%, as Russia announced plans to reduce oil production next month after the West imposed price caps on the country’s crude and fuel.Brent crude futures rose to settle at $1.89, or 2.2%, to $86.39 a barrel. …

Wall Street brokerage Cantor Fitzgerald has been supervising Tether Holdings’ $39B Treasury bond portfolio according to the Wall Street Journal. Hong Kong-based Tether is the issuer of stablecoin tether (USDT-USD), the world’s most traded digital token with a market cap of $68.2B.The news followed Tether’s attestation report Thursday showing its …

The S&P 500 wavered between gains and losses on Friday as Wall Street looked to the end of what is shaping up to be a losing week. The broad index was little changed, while the Nasdaq Composite slipped about 0.8%. The Dow Jones Industrial Average added 135 points, or 0.4%.Each …