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The dollar is keeping steadier in trading today after a mixed showing yesterday. Trump denied softening his stance on tariffs but while yields rebounded, the dollar was still left to lick its wounds from earlier. USD/JPY though is a standout as it snapped back hard, now rising above…

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The Treasury department is out with a statement saying that Yellen raised the matter of “malicious” cyber activity carried out by Chinese state-sponsored actors in said meeting. Adding that there was an unspecified amount of computers at the Treasury that had been compromised by Chinese hackers last month.…

It’s a mixed start to the new year for gold but yesterday’s drop was not too bad overall. The precious metal fell as the dollar recovered back some ground alongside bond yields, as Trump denied going soft on tariffs. The good news for gold buyers is that from…

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China is resisting market pressures to allow the yuan to weaken, viewing the potential downsides as outweighing the benefits. While the yuan depreciated 2.8% against the dollar in 2024, its trade-weighted renminbi index rose 4.2%, suggesting it remains relatively strong compared to other currencies that have fallen sharply…

At CES 2025, Nvidia CEO Jensen Huang unveiled a new series of gaming chips, the RTX 50 series, based on the company’s advanced ‘Blackwell’ AI technology. Designed to enhance graphics realism, the chips improve visual details such as shaders, adding lifelike imperfections to objects, and generate more realistic…

There isn’t much on the option expiries board for today. As such, trading sentiment will continue to focus on the early positioning plays to start the week. The dollar was a little weaker on tariff hopes but then Trump came out to deny that here. The bond market…