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FX News Group

CFTC secures Court order against former FTX Head of Engineering

The Commodity Futures Trading Commission (CFTC) has obtained a court order against Nishad Singh, the former Head of Engineering at FTX, requiring him to disgorge $3.7 million and continue cooperating with the agency. The...

Cointelegraph

Crypto exchange Bithumb to delay IPO until after 2028: Report

Bithumb, one of South Korea's largest cryptocurrency exchanges, has announced a further delay in its initial public offering (IPO) plans, pushing the timeline from 2025 to after 2028. The company's CFO cited the need to...

FXStreet

SGD: MAS tightening path supports currency – Standard Chartered

Standard Chartered analysts Edward Lee and Jonathan Koh predict the Monetary Authority of Singapore (MAS) will steepen the SGD Nominal Effective Exchange Rate (NEER) slope by 50 basis points in April 2025. This move woul...

FXStreet

Gold rises on softer US Dollar, traders await Trump's address on Iran war

Gold prices climbed to $4,775 per ounce in early Asian trading as the U.S. Dollar weakened and geopolitical tensions in the Middle East eased. The retreat in the USD, driven by speculation about potential U.S. policy shi...

FXStreet

South Korea: Growth outlook supported by chips and fiscal boost – ING

ING economist Min Joo Kang forecasts a rebound in South Korea’s Q1 2026 GDP driven by robust chip exports and recovering investment. However, the 2026 GDP growth forecast is revised downward to 2.0% from 2.2%, reflecting...

Investing.com

Australia to offer businesses $693 million in cheap loans to ease fuel cost pressure

Australia has announced a $693 million initiative to provide low-interest loans to businesses struggling with rising fuel costs. The program, part of a broader economic support package, aims to alleviate financial strain...

FXStreet

GBP/USD recovers from March lows as traders brace for Trump speech and Good Friday NFP

The GBP/USD pair rebounded sharply on Wednesday, rising approximately 0.6% to reclaim the 1.3300 psychological level after languishing below it for much of March. This recovery follows mixed economic data from the UK and...

Reuters

Oil slides as Middle East uncertainty keeps markets on edge - Reuters

Global oil prices dropped sharply on Monday as renewed geopolitical tensions in the Middle East fueled market anxiety. Brent crude fell 3.2% to $78.50 per barrel, while West Texas Intermediate (WTI) declined 2.8% to $74....

FXStreet

GBP/JPY Price Analysis: Rebounds but faces stiff resistance at 211.00

The GBP/JPY pair rose by approximately 0.60% on Wednesday, driven by improved market sentiment following speculation about a potential end to the conflict in Iran. The currency pair found temporary support at the 100-day...

FXStreet

Silver Price Analysis: Rally stalls at 20-day SMA, bulls lose steam

Silver prices (XAG/USD) failed to break above the 20-day simple moving average (SMA) at $76.90, consolidating near $75.00 as U.S. Treasury yields recovered from earlier losses. The white metal has lost momentum after a r...

FXStreet

US 10-year yield steadies as strong data backs steady Fed rate outlook

US Treasury yields rebounded across the curve on Wednesday as the 10-year Treasury note erased earlier losses following the release of strong US economic data. The data, including robust manufacturing activity and resili...

FXStreet

Asia FX: Defensive Dollar bias with KRW and INR vulnerable – TD Securities

TD Securities analysts Alex Loo and Jayati Bharadwaj highlight a dual challenge for Asian economies: rising oil prices and rapidly depleting energy inventories. These factors are expected to suppress growth and elevate i...

FXStreet

LatAm: Diverging Brazil and Peru flow story – BNY

BNY's Geoff Yu highlighted Latin America as the most resilient region in global markets, noting that regional currencies remain overheld while equities attract net inflows despite broader risk-off sentiment. Brazil and P...

Investing.com

Exclusive-Venezuela’s Rodriguez readies Citgo board takeover, sources say

Venezuela's President of state oil company PDVSA, Manuel Rodriguez, is preparing to take control of Citgo's board, according to sources. Citgo, a major U.S.-based subsidiary of PDVSA, holds significant influence over Ven...

FXStreet

Malaysia: BNM growth upgrade and stable OPR support MYR – Commerzbank

Commerzbank highlights that Bank Negara Malaysia (BNM) has upgraded its 2026 GDP growth forecast to 4.0–5.0%, citing robust domestic demand driven by wage growth, a strong labor market, and government stimulus. The centr...

Reuters

Iran war puts Middle East Dubai oil benchmark under stress as prices soar - Reuters

Geopolitical tensions between Iran and Israel have intensified, causing the Dubai oil benchmark—a key pricing reference for Middle Eastern crude—to face significant pressure. Recent clashes and military posturing have dr...

FXStreet

BoK: Higher inflation path points to July hike – ING

ING's Min Joo Kang anticipates the Bank of Korea (BoK) will prioritize inflation stabilization and financial stability amid resilient economic growth and rising price pressures. The analyst highlights that sustained econ...

FXStreet

Asia FX: Cautious risk tone with peace doubts – MUFG

MUFG's Senior Currency Analyst Michael Wan highlights that Asian currencies rebounded amid improved risk sentiment following U.S. President Trump's remarks on ending the Iran war, despite elevated oil prices. The recover...

Investing.com

Playnance Brings Sports & Esports On-Chain via $GCOIN, Powering 2.5 Million Live Sports Events Annually

Playnance, a blockchain-based platform, has announced its integration of sports and esports into the blockchain ecosystem through its native token $GCOIN. The platform aims to power 2.5 million live sports events annuall...

FXStreet

Gold nears $4,800 as fading Dollar lifts bullion for fourth consecutive day

Gold prices surged to a two-week high near $4,800 on Wednesday, marking the fourth consecutive day of gains as the U.S. Dollar weakened against major currencies. The XAU/USD pair rose nearly 2% to $4,758, driven by specu...