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EUR/USD struggles near 1.0550 amid dour mood

EUR/USD struggles near 1.0550 amid dour mood

EUR/USD struggles near 1.0550 in the European morning on Thursday. The pair faces headwinds from risk-off flows due to rising geopolitical conflict between Russia and Ukraine and worries over the potential US tariffs on the EU. ECB- and Fedspeak are awaited. 

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GBP/USD trades around 1.2650, upside potential seems limited

GBP/USD trades around 1.2650, upside potential seems limited

GBP/USD keeps its range near 1.2650 in early European trading on Thursday. The pair's sidetrend could be attributed to the softer US Dollar and a risk-aversion market environment. Traders stay cautious amid rife geopolitical tensions and a light economic calendar. Fedspeak eyed. 

GBP/USD News

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Global takeaways of the US election

Global takeaways of the US election

We view a second Trump administration—and more specifically his proposed tariff policies—as a catalyst for further deglobalization and global economic fragmentation. Tariffs could also act as an inflection point for China to approach stimulus efforts differently.

What Donald Trump’s victory means for China

What Donald Trump’s victory means for China

Chinese assets sold off after the Trump 2.0 outcome, but policymakers should be more prepared this time around. China’s stimulus plans and currency management responses are likely to be the most watched factors in the months ahead.

Business investment: Software outpaces bricks and mortar

Business investment: Software outpaces bricks and mortar

In France, in Q3 2024, for the first time (statistical series dating back to 1949), non-financial companies invested more (in billions of euros, at constant prices) in "information and communication" than in construction.

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Crypto Today: Cardano, XLM, FLOKI lead $3.1 trillion rally, Russia bans crypto mining, Bitcoin eyes $95K

Crypto Today: Cardano, XLM, FLOKI lead $3.1 trillion rally, Russia bans crypto mining, Bitcoin eyes $95K

Cardano (ADA) price action ADA’s ongoing rally has been attributed to rumors that the Trump administration could collaborate with the Cardano network to build a blockchain voting system.

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Trump administration allegedly seeks to create new crypto position in White House

Trump administration allegedly seeks to create new crypto position in White House

President-elect Donald Trump and his team are reportedly seeking to introduce a new White House position for crypto policy, Bloomberg reported on Wednesday.

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Solana Price Forecast: Traders move 6.7B SOL as bulls target all-time highs

Solana Price Forecast: Traders move 6.7B SOL as bulls target all-time highs

Solana price has succumbed to a 7% dip after rejecting the $250 resistance on Monday. Negative shifts in vital trading indicators suggest bears could delay the all-time high breakout target. 

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