Steve Ruffley
SteveRuffley.com
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An insight into what a real trader does on a day to day basis to make money. The things we really do, not the things people think it’s ‘important’ to tell youLatest Live Videos
Editors’ Picks
AUD/USD comes under pressure, still targets 0.7150
AUD/USD reverses two daily advances in a row, hovering around the 0.7100 zone on the back of the resumption of a firm demand for the Greenback as the NA session draws to a close on Thursday. On Friday, housing data will be the salient event in Oz.
EUR/USD looks weak below 1.1800
EUR/USD has slipped back under pressure, breaking through the 1.1800 support and drifting towards the weekly lows near 1.1770 ahead of the opening bell in Asia. The move reflects renewed strength in the US Dollar, with steady geopolitical tensions keeping its demand firm. Moving forward, the release of the German labour market report and flash inflation figures should keep European investors entertained on Friday.
Gold trims gains, slips back to around $5,170
Gold is now facing some downside pressure, hovering around the $5,170 region on Thursday. The yellow metal surrenders part of its earlier gains on the back of the resurgence of the buying interest in the Greenback. In the meantime, geopolitical tensions in the Middle East continue to limit the downside potential for now.
How AI, blockchain, stablecoins are shaping a new global economy – Circle CEO Jeremy Allaire
Artificial Intelligence (AI), blockchain technology and stablecoins are emerging as core pillars of a new global economic system, according to Circle’s CEO, Jeremy Allaire.
Changing the game: International implications of recent tariff developments
The Supreme Court ruling on International Emergency Economic Powers Act (IEEPA) tariffs provides limited relief for the rest of the world, with weighted average tariff rates modestly lower.
Here is what you need to know on Thursday, February 26
Financial markets adopt a cautious stance early Thursday as focus shifts to US-Iran nuclear talks in Geneva. The European economic calendar will feature business and consumer sentiment data for February. Later in the day, the US Department of Labor will publish the weekly Initial Jobless Claims data, and the Federal Reserve Bank of Kansas City will release the regional Manufacturing Activity Index for February.