Dr. S. Sivaraman
i-knowindices.com
Summary
Dr. Sivaraman will review the previous day close levels and calls given in his blog and present expected trading ranges in 4 majors and 2 commodity pairs.Latest Live Videos
Editors’ Picks
EUR/USD stays below 1.1800 as markets await Fed speeches
EUR/USD remains trapped in a tight range below 1.1800 in the second half of the day on Tuesday. The pair struggles amid a modest US Dollar strength and an improvement in risk sentiment, even as US tariff uncertainty lingers. The focus now remains on comments from Federal Reserve officials.
USD/JPY jumps to 156.00 as Japanese Yen plunges on BoJ rate hike concerns
USD/JPY catches a fresh bid wave and challenges the 156.00 level in European trading on Tuesday. The pair rallies as the Japanese Yen (JPY) falls hard on reports that Japan's PM Takaichi voiced concerns to BoJ Governor Ueda on interest rate hikes.
Gold holds pullback below $5,200 amid USD uptick
Gold holds moderate losses below $5,200 in European trading on Tuesday, though it lacks follow-through selling. Following the previous day's knee-jerk fall in reaction to US President Donald Trump's new global tariffs and the subsequent bounce, the US Dollar attracts fresh buyers ahead of mid-tier data and Fedspeak.
Dogecoin, Shiba Inu, and Pepe extend losses on bearish signals
Meme coins are facing renewed selling pressure amid fading broad risk-on sentiment so far this week, with Dogecoin, Shiba Inu, and Pepe extending their losses after recent corrections.
AI-scare trade and tariff uncertainty takes hold
It was quite a day, with AI-disruption fears and tariff uncertainty triggering a risk-off session. By now, it's nearly impossible to have missed the Supreme Court's 6-3 decision that struck down US President Donald Trump's reciprocal tariffs last Friday.
Here is what you need to know on Tuesday, February 24:
The USD Index continues to edge higher as markets keep a close eye on tariff-related headlines. In the second half of the day, ADP Employment Change 4-week Average and the Conference Board's Consumer Confidence Index data for February will be featured in the US economic calendar.