The South African rand was one of the best-performing currencies this year as it jumped by over 11% against the US dollar. The USD/ZAR exchange rate was trading at 16.68, down by 16.4% from its highest point this year. It has also formed a risky technical pattern pointing to more rand gains. USD/ZAR technical analysis
The Zimbabwe ZiG continued its recent rebound and hit its highest level against the US dollar since January this year. Central bank data shows that the USD/ZWG exchange rate dropped to 25.98, down significantly from the year-to-date high of 27. Zimbabwe ZiG boosted by the gold price rally Zimbabwe’s gold-backed currency, which was launched in
The Japanese yen slipped for the second consecutive day as investors reacted to the latest Federal Reserve minutes, which shed color on what to expect in the coming meetings. The USD/JPY exchange rate was trading at 156.60, a few points below the year-to-date high of 157.83. It has jumped by 12% this year, making the
Stani Kulechov, founder of decentralized finance protocol Aave, has acquired a five-story residential property in London’s Notting Hill neighborhood for £22 million, according to a Bloomberg report. The purchase places the crypto entrepreneur among a small group of buyers still active in the UK’s high-end housing market, which has slowed amid tax changes and softer
Given the strong daily uptrend and the strong demand for gold on renewed USA-Iran conflict probability, Gold can be expected to rise further toward the next round resistance level 5000.00, which if broken will open the way to the next resistance level 5200.00. Gold reversed from support area Likely to rise to resistance level
USDJPY currency pair can be expected to rise further toward the next round resistance level 158.00 (former monthly high from November and December). USDJPY reversed from support area Likely to rise to resistance level 158.00 USDJPY currency pair recently reversed from the support area located between the key support level 152.00 (which reversed the
Markets brace for weak US jobs, Fed dovish bets rise; Warsh adds caution; gold stabilizes; euro resilient, yen pressured globally. US Economic Pulse: Preparing for a Labor Miss The immediate focus for the market is the upcoming US employment data, which many analysts expect to underperform. With a partial government shutdown delaying the critical Nonfarm
Ether attempts to halt the sharp weekend selloff Steadies near June lows around 2,100 Momentum indicators slide deeper into negative territory Ethereum (ETHUSD) is stabilizing near 2,250 after touching levels last seen in June 2025 in the previous session, following a broader selloff in tech stocks driven by renewed AIrelated concerns. The moves also extend the
No one – including us – was really aware that our thoughts from January 14 had published one of the most important charts of recent years. The bubble chart indicated that the air would become very thin for the silver price above the US$100 mark. In fact, the chart now shows exactly the development that
Technology stocks have started February on the back foot, pressured by a growing sense of caution driven by several overlapping themes: → Concerns over AI spending. Earnings from Microsoft and Alphabet highlighted enormous capital outlays. With tens of billions being channelled into data centres and chips, investors are increasingly uneasy that AI-related costs may outpace