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EUR/USD falls to near 1.1600 due to persistent bearish bias
EUR/USD depreciates after registering modest gains in the previous session, trading around 1.1610 during the Asian hours on Thursday. The technical analysis of the daily chart suggests a persistent bearish bias as the EUR/USD pair remains within the descending channel pattern.
GBP/USD underperforms as UK faces stagflation risks amid Middle East war
The Pound Sterling trades lower against its major currency peers, is down 0.22% around 1.3340 against the US Dollar, during the Asian trade on Thursday. The British currency faces selling pressures amid fears that the United Kingdom economy could face stagflation risks due to higher energy prices, a situation in which inflation accelerates with economic growth and employment conditions remaining stagnant.
UPCOMING CALENDAR EVENTS
Editors’ Picks
Gold climbs near $5,200 as Iran war fuels safe-haven demand
Gold price extends its gains for the second successive session on Thursday as traders seek safety amid the ongoing war in the Middle East. US and Israeli strikes across Iranian territory and widespread Iranian missile and drone retaliation across the Middle East, including attacks on regional targets and military sites, prolong the crisis and its impact.
Top Crypto Gainers: Decred, Zcash, and Dogecoin lead recovery as Bitcoin crosses $72,000
Bitcoin trades above $72,500 at press time on Thursday, holding its 6% gain from the previous day, contributing to a broader market recovery. The total cryptocurrency market capitalization stands at over $2.43 trillion as the broader market sentiment improves significantly.
Is an important peak in March for the NASDAQ 100 off the table?
The index hit a low on February 5, peaked on February 11, and reached its bottom on February 17. So far, so good. However, it then made a secondary high on February 25, and yesterday it dropped to its lowest level since the November 2025 low in response to the joint military operations in Iran.
PRESS RELEASES
PU Prime secures dual honors at the Global Business & Finance Magazine Awards 2026
February 25, 2026 - PU Prime, a global multi-licensed online brokerage, is honored to be recognised for its achievements in the CFD trading industry, securing two major awards at the Global business & finance magazine 2026.
Global AI Show Riyadh reveals a powerhouse speaker lineup shaping the future of artificial intelligence in the Middle East
The Global AI Show Riyadh 2026, taking place June 29-30, has unveiled its first lineup of thought leaders, policymakers, innovators, and global AI experts set to drive the direction of artificial intelligence and put it on the edge of innovation until 2026.
cTrader Admin 9.9: Email tracking and new Workspace app
Spotware releases cTrader Admin 9.9 with email tracking in Sessions, a new Workspace settings app and a collapsible main menu, improving daily platform administration and ensuring consistent operational control.