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26 02, 2025

Pound Sterling could extend uptrend once 1.2650 is confirmed as support

By |2025-02-26T17:51:30+02:00February 26, 2025|Forex News, News|0 Comments

  • GBP/USD consolidates Tuesday’s gains, holds near 1.2650 early Wednesday.
  • Technical buyers could remain interested if the pair confirms 1.2650 as support.
  • The US economic calendar will not offer any high-impact data releases.

GBP/USD benefited from the selling pressure surrounding the US Dollar (USD) on Tuesday and ended the day in the positive territory. The pair stays in a consolidation phase near 1.2650 in the European session on Wednesday.

British Pound PRICE This week

The table below shows the percentage change of British Pound (GBP) against listed major currencies this week. British Pound was the strongest against the Canadian Dollar.

  USD EUR GBP JPY CAD AUD NZD CHF
USD   -0.33% -0.20% 0.07% 0.79% 0.48% 0.60% -0.34%
EUR 0.33%   0.04% 0.22% 0.93% 0.80% 0.74% -0.21%
GBP 0.20% -0.04%   0.25% 0.89% 0.76% 0.70% -0.25%
JPY -0.07% -0.22% -0.25%   0.72% 0.49% 0.61% -0.34%
CAD -0.79% -0.93% -0.89% -0.72%   -0.36% -0.19% -1.13%
AUD -0.48% -0.80% -0.76% -0.49% 0.36%   -0.06% -1.00%
NZD -0.60% -0.74% -0.70% -0.61% 0.19% 0.06%   -0.94%
CHF 0.34% 0.21% 0.25% 0.34% 1.13% 1.00% 0.94%  

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the British Pound from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent GBP (base)/USD (quote).

The USD weakened against its major rivals in the American session on Tuesday as the benchmark 10-year US Treasury bond yield dropped to its lowest level in over two months below 4.3%. US Treasury Secretary Scott Bessent reiterated that US President Donald Trump’s administration aims to reduce spending, while easing monetary policy and lowering Treasury yields at the same time.

Meanwhile, Trump’s trade adviser, Peter Navarro, told CNBC on Tuesday that tariff negotiations with Canada and Mexico were ongoing and added that they are planning to set a reciprocal tariff for digital services tax. 

In the early American session, Trump is scheduled to hold a press conference. In the absence of high-impact data releases, market participants will pay close attention to the action in the US bond and stock markets. At the time of press, US stock index futures were up between 0.3% and 0.8%, while the 10-year US T-bond yield was holding steady slightly above 4.3%. 

In case Wall Street’s main indexes keep the bullish tone after the opening bell, GBP/USD could gain traction. If, however, US yields extend the rebound, the pair’s upside could remain capped.

GBP/USD Technical Analysis

The Relative Strength Index (RSI) indicator on the 4-hour chart holds above 50, suggesting that sellers struggle to take control of the pair’s action.

The 100-day Simple Moving Average (SMA) aligns as a pivot level at 1.2650. Once GBP/USD makes a daily close above this level and starts using it as support, technical buyers could remain interested. In this scenario, 1.2700-1.2710 (round level, static level) and 1.2750 (static level) could be seen as next resistance levels.

On the downside, supports could be spotted at 1.2600 (static level, round level), 1.2540 (100-period SMA on the 4-hour chart, Fibonacci 61.8% retracement of the latest downtrend) and 1.2500 (round level, static level).

Pound Sterling FAQs

The Pound Sterling (GBP) is the oldest currency in the world (886 AD) and the official currency of the United Kingdom. It is the fourth most traded unit for foreign exchange (FX) in the world, accounting for 12% of all transactions, averaging $630 billion a day, according to 2022 data. Its key trading pairs are GBP/USD, also known as ‘Cable’, which accounts for 11% of FX, GBP/JPY, or the ‘Dragon’ as it is known by traders (3%), and EUR/GBP (2%). The Pound Sterling is issued by the Bank of England (BoE).

The single most important factor influencing the value of the Pound Sterling is monetary policy decided by the Bank of England. The BoE bases its decisions on whether it has achieved its primary goal of “price stability” – a steady inflation rate of around 2%. Its primary tool for achieving this is the adjustment of interest rates. When inflation is too high, the BoE will try to rein it in by raising interest rates, making it more expensive for people and businesses to access credit. This is generally positive for GBP, as higher interest rates make the UK a more attractive place for global investors to park their money. When inflation falls too low it is a sign economic growth is slowing. In this scenario, the BoE will consider lowering interest rates to cheapen credit so businesses will borrow more to invest in growth-generating projects.

Data releases gauge the health of the economy and can impact the value of the Pound Sterling. Indicators such as GDP, Manufacturing and Services PMIs, and employment can all influence the direction of the GBP. A strong economy is good for Sterling. Not only does it attract more foreign investment but it may encourage the BoE to put up interest rates, which will directly strengthen GBP. Otherwise, if economic data is weak, the Pound Sterling is likely to fall.

Another significant data release for the Pound Sterling is the Trade Balance. This indicator measures the difference between what a country earns from its exports and what it spends on imports over a given period. If a country produces highly sought-after exports, its currency will benefit purely from the extra demand created from foreign buyers seeking to purchase these goods. Therefore, a positive net Trade Balance strengthens a currency and vice versa for a negative balance.

 

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26 02, 2025

What’s happening on the show floor

By |2025-02-26T17:49:21+02:00February 26, 2025|Dietary Supplements News, News|0 Comments


From the latest products and science to ingredient and delivery format innovations, here’s a sneak—but not exhaustive—peak at what some of the supplement industry players will exhibit on the show floor from March 5 to 7.

ADM, Booth 4042

ADM health and wellness experts will discuss their latest research, innovations and ingredients for foods, beverages and dietary supplements. Solutions span biotics to botanical extracts, sweetening solutions, plant proteins and naturally derived flavors and colors supporting key wellness segments, including cognitive health and the gut-brain axis, weight management and support for people engaging with anti-obesity medications (AOMs), women’s health and more.

Aker BioMarine, Booth 4157

Aker BioMarine will spotlight its growing portfolio of sustainable marine-based nutrition ingredients. It is also hosting a ‘”Women’s Health Across the Ages” reception in booth on March 5 starting at 3:30 p.m. showcasing new skin science, innovation and more.

Alkemist Labs, Booth 4318

ISO 17025 accredited contract botanical and fungi testing laboratory Alkemist Labs will be on hand to discuss its identity, analytical and contaminant testing in both ingredients and finished products. Alkemist is also attending and sponsoring the AHPA member meeting, 20th annual ABC Celebration and Botanical Excellence Awards, SCIFT Suppliers night, WIN Gender Equity Reception, AHPA reception and What’s Up With Supps Artificial Insanity Party.

Atlantia Clinical Trials, Booth 4378

With over 13 years in the industry, Atlantia is a full-service CRO with owned clinic spaces in Cork and Chicago, specializing in nutraceutical research trials. It has completed nearly 200 studies for international sponsors aiming to establish a strong presence in the U.S. and Europe.

BGG, Booth 4899

BGG will be presenting its clinically-proven AstaZine astaxanthin, TheraPrime tocotrienol hair care solution for the growing beauty-from-within market and ApplePhenon apple polyphenols.

BIO-CAT, Booth 4337

BIO-CAT is featuring its newest branded ingredient, OPTIZIOME Fructanase, a clinically tested ingredient designed to support the digestion of FODMAPS (e.g. onion, garlic, and other vegetables). The company has also just finished a second clinical trial with future claims on satiety for its proprietary blend of enzymes, OPTIZIOME P3 HYDROLYZER.

Bioenergy Life Science, Booth 4674

BLS is introducing new solutions for the on-the-go, health-conscious consumer from the company’s water-soluble NAD product NAD-TO-GO to its SweetR, a healthier alternative to traditional sugars.

Cargill, Booth 737

Cargill is showcasing solutions for dairy alternatives with elevated protein, tools to manage off-flavors from functional ingredients, plant-based creations that take taste to the next level and reduced-sugar formulations—all available in prototypes for sampling in booth. Experts will also be on hand to discuss evolving consumer trends and formulation challenges.

Cepham, Booth 3371

Cepham’s is introducing Life Phases and Stages (LPAs) blends, a new line of scientifically formulated polyherbal compositions designed to address nutritional needs at critical life milestones. Through these blends, supplement companies will be able to access pre-developed formulations targeting personalized and stage-specific supplementation, optimized for bioavailability, absorption and efficacy.

COMET, Booth 5122

COMET will be featuring the ways Arrabina prebiotic fiber can be integrated into existing and upcoming formulations to boost products with proven health benefits and strong on-pack claims across a variety of application formats.

CON-CRĒT Creatine, Booth 4200:

CON-CRĒT is showcasing its USA-made, NSF-certified Creatine HCl, highlighting new trends in sports nutrition and the growth of creatine, for both athletes and new audiences like menopausal women and those focused on brain health.

EpiCor, Booth 3375

EpiCor postbiotic, a Cargill brand, is highlighting a published study showing that a daily dose of 500 mg of EpiCor offered statistically significant immune benefits over placebo in children between the ages of 4 and 12 years. One of the few studies conducted using a gummy supplement, the company says it is among the first to evaluate the health benefits of postbiotic supplements in children.

FrieslandCampina Ingredients, Booth 4310

FrieslandCampina Ingredients is highlighting flagship ingredients, such as Biotis Fermentis and Excellion caseinates, presenting solutions spanning bars, ready-to-drink (RTD) beverages, shakes, chews and fastmelts.

Gencor Pacific, Booth 3611

Gencor is launching its new Trpti-branded Oleoylethanolamide (OEA) ingredient to support weight management and metabolic health. A fatty acid ethanolamide produced by the intestine in response to food consumption, it has been described as a signaling molecule that helps promote the breakdown of fat and stimulates the release of GLP-1 to curb food intake. The company will also discuss its newly published clinical data on Levagen+ for women’s health and highlight its exclusive ingredient distribution partnership with Gnosis for its LANDKIND Pure Salidroside, the first fermented salidroside bioactive with clinical data supporting its efficacy in sports nutrition.

Gnosis by Lesaffre, Booth 4431

Gnosis is sharing its latest science-backed ingredient innovations including B-vitamin fortified Red Star Nutritional Yeast and selenium-fortified Lynside Forte Se+ Nutritional Yeast, as well as biotics ibSium S. cerevisiae CNCM I-3856 for gut health and LifeinU B. subtilis CU1 for immune health and longevity. It will also feature active ingredients Quatrefolic (folate), MenaQ7 K2 as MK-7 to support heart and bone health and LANDKIND Pure Salidroside for energy, performance, recovery and mood. Attendees can sample popcorn sprinkled with Red Star Nutritional Yeast from the in-booth popcorn machine.

Helaina, Booth 2999

Biotechnology company Helaina will exhibits its effera ingredient, the first clinically-studied human lactoferrin equivalent for adult supplementation. The company continues to build the research on effera’s potential to enhance the health of older children and adults, investigating its effects on gut, immune and women’s health.

Kerry Group, Booth 2415

Kerry will be showcasing products and sustainable practices that reflect its commitment to making the world of food healthier and tastier. Its featured innovations include a wide range of natural flavors, its Tastesense taste optimization solutions, cold brew coffee extracts from the Simply Nature portfolio, Sensoril ashwagandha, Wellmune baker’s yeast beta-glucan postbiotic and Plenibiotic, a new rice-derived postbiotic offering digestive and skin health benefits. On site samples: a non-alcoholic blood orange Aperol Spritz, rainbow sherbet cognitive beverage, hot and cold brew coffee with fun flavored creamer, popsicle electrolyte hydration with Wellmune, Strawberry Mint Glow featuring Plenibiotic, Peach Passion Sensoril Women’s Health Gummy, Dill Pickle High Protein Extruded Snack (BC30) and Alpine cheese sauce served on potato skins.

Kyowa Hakko USA, Booth 4107

Kyowa Hakko is spotlighting its partnership with MOSH, a company co-founded by Maria Shriver and Patrick Schwarzenegger that offers protein bars formulated with Cognizin, Kyowa Hakko’s patented form of citicoline to promote focus, attention, memory and mental energy. In addition to Cognizin, Kyowa will also highlight its branded glutathione ingredient Setria that supports detoxification, as well as immune, respiratory and skin health.

Lonza Capsules & Health Ingredients (CHI), Booth 3827

Lonza CHI is unveiling its new concept-to-market services platform that connects its partners with its customers to address formulation challenges and create supplements using its advanced polymer science and capsule technologies. It will also be showcasing UC-II undenatured type II collagen for joint health support in both companion animals and humans, alongside its innovative capsule portfolio, including Capsugel Plantcaps pullulan capsules and Capsugel Vcaps Plus HPMC food-colored capsules.

Nature’s Way, Booth 3879

Nature’s Way is exhibiting several innovations this year, including Weight Manager, a daily drink mix supplement with two clinically studied ingredients, and its convenient, individually-wrapped Calm Drops lozenges with GABA Alive. Multivitamins for men, women and adults 50+ have been newly reformulated with a Superfood Antioxidant powder blend, and Joint Movement Glucosamine is now available as an on the go with a new drink mix in convenient stick packs. Attendees can also stop by the booth to get a sneak peek at a first-to-market new form.

NOW, Booth 3505

NOW will showcase all of its product categories, including its Omega-3 Fish Oil Gummy Chews (300 mg EPA / 225 mg DHA) and its reformulated Kid Vits chewable multivitamins. In addition to its booth on the main floor, the company will display its natural food solutions, including organic zero-calorie sweeteners at Booth 1622, as well as its redesigned line of tea at Booth N1006, the new NOW Sports E-Sport Reaction gaming performance powder at Booth N1004 and beauty-from-within and topical beauty solutions at Booth N1005 in the North Hall Hot Products section.

NuLiv Science USA, Booth 3347

Nuliv Science is set to highlight its key ingredients, including AstraGin InnoSlim, Senactiv and Zylaria. There will also be more emphasis on how NuLiv ingredients can be used in the growing pet health supplement market.

Nuritas, Booth 4587

Nuritas, an ingredient supplier that uses AI to identify and commercialize peptide ingredients at speed, is launching a new ingredient for sleep, PeptiSleep for formulation in gummies, capsules, tablets and gels. A recent pilot trial using smart rings that track biometrics showed that the ingredient, derived from rice bran protein, improved all stages of sleep by reducing cortisol. Fortified gummy and capsule samples will be available in booth, and attendees who report back the next day on their sleep experience can enter a raffle to win an Oura Ring.

Nutraland USA, Booth 3312

Nutraland USA will be sharing the results of two new human trials demonstrating the effectiveness of its Miricell rice germ polyamines for promoting autophagy, healthy aging, cardiometabolic health, cognitive function, as well as hair and nail improvement; and one new human trial on Somnatural phytomelatonin in promoting healthy sleep parameters. Scientific and leadership personnel will be on hand to answer any questions.

PLT Health Solutions, Booth 3515

PLT Health Solutions will debut multiple ingredients and highlight new clinical science in the immune health and cognitive performance categories. Previously launched but new to Expo West ingredients include the cellflo6 gallate-enhanced oligomer extract sourced from green tea, TestFactor Sexual Wellness & Longevity and Vanizem, a Grains of Paradise extract that supports positive mood, sleep quality and stress management. Most ingredients are also included in PLT’s growing beverage-friendly ingredient portfolio. PLT’s Experience Zone will offer visitors “experience formulations” across physical and mental energy, mood, sports and cognitive performance categories.

Radicle Science, Booth 3145

AI-driven healthtech company Radicle Science is launching Journey by Radicle Science, built on its proof-as-a-service platform. Introduced as the first health impact tracker tailored for wellness brands, the tracker will provide insights into how wellness products impact consumer health.

Rousselot, Booth 4675

Rousselot will spotlight Nextida GC, a specific collagen composition targeting post-meal blood sugar spikes in healthy individuals. Proof of concept pre-clinical and clinical studies have shown its impact on the body’s natural glucose regulation mechanism, where GLP-1 plays a key role.

Sabinsa, Booth 4239

Sabinsa will highlight its portfolio of sustainably sourced science-backed ingredients, including LivLonga, Sabroxy, CurCousin, Curcumin C3 Reduct, LactoSpore, Shagandha, PoZibio, BioPerine and DigeZyme. It will also feature its recently acquired Ayurvedic brand Nature’s Formulary at booth 4547, displaying Sabinsa’s consumer goods division, which includes America’s Finest, Inc. (AFI), Nature’s Formulary and Sanutra Wellness brands. Visitors can stop by to take a Dosha evaluation and speak with a Certified Ayurvedic Clinical Consultant to discuss their test results.

SPINS, Booth 616

Experts from market insights firm SPINS will be on hand to talk key themes shaping the industry in 2025 from the state of natural and organic to functional beverages to the role of personalization across health and wellness categories and more. There will also be live demos of the SPINS Ignite platform at SPINS’ second booth, N1803 on the North Hall Hot Products floor, which includes a free program designed for emerging brands to help them succeed in the competitive CPG market through point-of-sale data and exclusive content.

Trace, Booth 3705

Trace is introducing its ConcenTrace Daily Mineral Powder in three new flavors: Blue Raspberry, Blue Hawaiian and Blue Acai. The mineral-rich, full spectrum hydration product is an evolution of its ConcenTrace Trace Mineral Drops hero product. In addition, Trace will showcase top products like ZeroLyte, Power Pak, its ionic mineral line and its range of shilajit products. Attendees can expect a new look at the Trace booth following the company’s recent rebrand.

Virginia Dare, Booth 2044

Virginia Dare will highlight its library of more than 250 organic flavors and extracts at its Natural Products Expo West debut. The global flavor supplier also offers custom organic certified and organic compliant flavor creation and product development support. Samples of organic RTM raspberry lemonade hydragen beverage and organic RTD sparkling apple honey green tea gut health beverage will be available in booth.

Vitamin Angels, Booth 3237

Vitamin Angels will be discussing its work to create a brighter future for mothers and children around the world. Attendees stop by the booth to learn more about partnership opportunities and ways to get involved on the ground.



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26 02, 2025

Cardano (ADA) Price Prediction for February 26

By |2025-02-26T17:46:03+02:00February 26, 2025|Crypto News, News|0 Comments

Bears are again more powerful than bulls today, according to CoinStats.

ADA chart by CoinStats

ADA/USD

Unlike other coins, the price of Cardano (ADA) has gone up by 0.81%.

Article image
Image by TradingView

On the hourly chart, the rate of ADA has made a false breakout of the local support of $0.6638. If the daily bar closes far from that mark, one can expect a test of the $0.70 zone soon.

Article image
Image by TradingView

On the bigger time frame, the situation is less clear. The volume is low, which means neither bulls nor bears are dominating. 

Related

SHIB Price Prediction for February 25

In this case, sideways trading in the narrow range of $0.66-$0.70 is the more likely scenario.

Article image
Image by TradingView

On the weekly chart, there are no reversal signals yet. If bulls cannot seize the initiative soon, the decline may continue to the $0.55-$0.60 by the end of the month.

ADA is trading at $0.6767 at press time.

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26 02, 2025

Exploring Camera Tech: Top Picks for Digital Artists in the NFT Space

By |2025-06-20T13:52:23+03:00February 26, 2025|Guest Post|0 Comments

Non-fungible tokens, or NFTs, have reshaped the digital art market because they enable artists to generate financial returns from their work. NFT artists primarily create illustrations and 3D designs with generative art, but photography-based NFTs maintain strong market momentum. High-quality camera technology is the foundation for creating outstanding visual content that attracts attention in the fierce battle of NFTs.

Using digital single-lens reflex cameras and mirrorless cameras, as well as specialized security cam integrations, allows artists to achieve unique high-resolution photo captures they can turn into tokens. This article identifies which camera tech solutions digital artists operating in NFT domains should evaluate.

 

Digital Artists in the NFT Space

1. Mirrorless Cameras: The Future of Digital Art Photography

The growing popularity of mirrorless cameras results from their combination of lightweight construction, exceptional image processing, and high-end resolution capabilities. Master photographers seeking portable, yet professional cameras should consider these options, as they provide a great balance in quality output.

Top Picks:

  • Sony Alpha a7R IV
  • 61MP full-frame sensor
  • 4K video recording
  • Excellent dynamic range for post-processing
  • Canon EOS R5
  • 45MP full-frame sensor
  • 8K video capabilities
  • Dual Pixel Autofocus for sharp, detailed images
  • Nikon Z7 II
  • 45.7MP sensor
  • 10-bit 4K video recording

The device possesses durable weather protection to maintain optimal performance for NFT photography outdoors.

 

NFT artists benefit from this particular method:

With their exceptional low-light performance and high megapixel counts, Mirrorless cameras are ideal tools for photographers making NFT collections who need to capture detailed images of experimental shots, landscapes, and cityscapes.

 

2. DSLRs: Classic Powerhouses for NFT Photography

Despite trends favouring mirrorless cameras, DSLRs produce exceptional results while ensuring high reliability in the marketplace. Professional photographers choose DSLR cameras because they provide excellent optical viewfinders and longer battery life.

Top Picks:

  • Canon EOS 5D Mark IV
  • 30.4MP full-frame sensor
  • Dual Pixel Autofocus
  • Excellent colour reproduction for NFT artwork
  • Nikon D850
  • 45.7MP sensor
  • 4K UHD video recording
  • Strong low-light performance for creative night photography

Non-fungible tokens, or NFTs, have reshaped the digital art market because they enable artists to generate financial returns from their work. NFT artists primarily create illustrations and 3D designs with generative art, but photography-based NFTs maintain strong market momentum. High-quality camera technology is the foundation for creating outstanding visual content that attracts attention in the fierce battle of NFTs.

Using digital single-lens reflex cameras and mirrorless cameras, as well as specialized security cam integrations, allows artists to achieve unique high-resolution photo captures they can turn into tokens. This article identifies which camera tech solutions digital artists operating in NFT domains should evaluate.

 

3. 360-Degree Cameras: Creating Immersive NFT Art

The NFT space is evolving beyond static images, with interactive and immersive experiences becoming highly sought after. 360-degree cameras allow artists to create panoramic images and VR-compatible content for their NFT collections.

Top Picks:

  • Insta360 ONE X2
  • 5.7K video resolution
  • FlowState stabilization
  • Water-resistant for outdoor NFT projects
  • GoPro MAX
  • 6K spherical video recording
  • Hypersmooth stabilization
  • Versatile editing features
  • Ricoh Theta Z1
  • 23MP 360-degree images
  • Large image sensors for superior detail
  • RAW image support for advanced editing

Why It’s Ideal for NFT Artists:

360-degree cameras open up new creative possibilities for NFT artists by allowing them to create fully immersive digital artworks, appealing to collectors interested in VR and metaverse integration.

 

4. Drones: Aerial Photography for Stunning NFT Art

Drones provide a unique perspective that traditional cameras cannot. Aerial photography is becoming a popular niche in the NFT world, with collectors appreciating breathtaking shots of landscapes, architecture, and abstract compositions.

 Top Picks:

  • DJI Mavic 3
  • 20MP Hasselblad camera
  • 5.1K video resolution
  • Omnidirectional obstacle sensing
  • Autel Robotics EVO Lite+
  • 1-inch CMOS sensor
  • Adjustable aperture for cinematic shots
  • 40-minute flight time
  • Parrot Anafi
  • 4K HDR camera
  • Compact and lightweight design
  • 180-degree tilt gimbal for creative angles

 

Why It’s Ideal for NFT Artists:

Drones allow photographers to capture unique compositions that stand out in the NFT space. Whether it’s futuristic cityscapes or surreal aerial abstracts, drone photography adds a fresh dimension to digital art.

 

5. Security Cams: An Unexpected Tool for NFT Art

Security cams usually function for surveillance purposes, but creative digital artists utilize their distinctive viewpoints alongside time-lapse functions and infrared functions for artistic creation.

 

 Creative Uses of Security Cams in NFT Art:

Some high-end security cameras contain built-in time-lapse features that let artists generate dynamic NFT artworks from extended video recordings.

Night-vision security cameras produce eerie scenes that artists transform through creative editing into notable NFT artwork.

Security cameras operate with wide-angle surveillance, capturing images from unconventional viewpoints that regular cameras cannot achieve.

Top Picks:

  • Arlo Ultra 2
  • 4K HDR video quality

The colour night vision feature produces exceptional infrared images suitable for creative photographic expression.

  • Wireless and weather-resistant for outdoor installations
  • Nest Cam IQ Outdoor
  • 1080p HD resolution
  • Night vision and motion detection

The device tracks subjects to produce automatic compositions.

  • Reolink 4K Security Camera
  • High-resolution imaging
  • Built-in motion tracking
  • Great for experimental time-lapse NFT photography

 

The specific advantage NFT artists gain from this tool is:

Security camera systems generate visual content from camera positions that traditional photo approaches typically don’t exploit. Security cameras enable NFT creators to capture distinctive elements, including moving objects, infrared images, and wide-field views, which enhance their NFT artworks.

 

Final Thoughts

The NFT photography field continues to expand because artists now have innovative tools to explore new creative possibilities. The appropriate equipment, such as mirrorless cameras, 360-degree cameras, drones, or security cams, can all enhance your NFT art because each one brings its own unique strengths and capabilities to the table.

Investment in advanced camera technology allows NFT artists to create unique visual masterpieces that become attractive to potential buyers within the competitive NFT marketplace. The advancement of technology will drive NFT artists to develop new creative methods for capturing their visual stories through tokenization.

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26 02, 2025

Having a Rare Disease Called PBC Taught Me to Speak Up

By |2025-02-26T16:56:36+02:00February 26, 2025|Fitness News, News|0 Comments


As told to Erica Rimlinger

At my annual physical in spring 2002, my blood work was not quite right. “Your liver function isn’t great,” the doctor said. “We’ll give it another year, and if it’s still off, we’ll do something about it.” I didn’t think much about it. I didn’t have symptoms worth noting. I was tired, of course, but aren’t most people?

The next year, when my blood work again came back looking suspicious, my doctor called and left me a message at work, saying he wanted to test me for hepatitis. I was surprised and more than a little confused: I had no risk factors. I was certain my doctor was wrong.

A few months later, I changed jobs. I had to wait for my new health insurance to begin, and I didn’t have enough sick time to take time off from work to go to the doctor anyway.

But health problems don’t always care about your insurance or sick leave availability. One day at my new job, I had a gastric attack that kept me in the bathroom for 45 minutes. There was so much blood I thought I must have been bleeding internally.

Once I composed myself enough to return to my desk and call my doctor, I had to ask my new, all male coworkers: “Can somebody drive me to the hospital?” Panic ensued. After debating who had the keys, what hospital I was going to, and who was going to call my parents, one coworker screeched his car up to the front of the building and drove me, quickly and sometimes in the wrong direction, to the hospital. I tried to stay calm amid the chaos, but inside, I was panicking.

At the hospital, the tests revealed no clues to the source of the attack. I was instructed to make an appointment with a gastroenterologist, a GI doctor. I saw him the week before Christmas, and he told me he thought I had primary biliary cholangitis, or PBC. As part of the diagnosis, the doctor ordered a liver biopsy to confirm this and said that in his 30 years practicing medicine, he’d only seen one other person with this condition.

What was PBC? My mom and I sat crying in the car outside the doctor’s office, searching the internet on our phones. I read that I could require a liver transplant and that PBC could shorten my lifespan. I didn’t know if I was going to live or for how long. We didn’t tell anybody, except for my husband, until after the holidays. I didn’t want to ruin Christmas.

The biopsy confirmed I had PBC, and I started taking a medicine that would be the only PBC treatment available to me for many years to come.

Some people have symptoms that lead to their PBC diagnosis, but I didn’t. After I was diagnosed, however, I started experiencing severe diarrhea, making my normal daily activities impossible. One memorable occurrence found me crouched under an umbrella in the pouring rain on the side of a highway. With the help of my husband and family, I coped, eventually developing systems and tools to get me through. Hoping to improve my health, I had gastric bypass surgery in 2007, believing — unrealistically — that weight loss would help with all my liver problems. It didn’t.

2022

I stopped investing my energy in wishful thinking and realized I needed to live with my illnesses, not just survive. I started with my upcoming high school reunion. In high school I’d been a wallflower: I didn’t participate in activities and kept to myself. But today I realized that person needed to change. I volunteered to help plan the reunion, and the reunion committee gave out a new award that year: the butterfly award. I won it because I had finally come out of my chrysalis. I knew I was on the right path.

I started advocacy work, which I continue to do today. Every February, I head up to Capitol Hill to advocate for rare diseases. My goal is to knock on every door every year until there are no more rare diseases to cure.

After a while, the PBC medication I’d been taking for many years stopped working as well as it had been, and my blood work started to show that my liver function was getting worse. My gastroenterologist was retiring, but through networking with other people living with PBC, I found a doctor who put me on a new medication that turned out to be a good fit for me.

Then the FDA took some steps that impacted my ability to get the medicine. My newfound advocacy and lobbying skills came to the rescue when I later testified before the FDA on behalf of the medication. After the hearing, the FDA put steps in place that would keep the medicine available. I’d been heard.

My experience with a rare chronic illness has taught me to find something good out of every bad thing. Today, I have hope for new developments that will be coming with improved understanding of the disease. I wish more people with PBC knew they have treatment options. There’s no cure — that’s true — but you can make plans.

You can live a life and be a whole person, not a statistic. I have PBC, but I’m not PBC, and I’m not defeated by it. Dealing with a rare chronic illness has helped me discover a belief in myself I never knew I had.

This educational resource was created with support from Gilead.

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26 02, 2025

XRP Ledger plans big upgrades to facilitate institutional DeFi

By |2025-02-26T16:20:11+02:00February 26, 2025|News, NFT News|0 Comments


XRP Ledger (XRPL) has outlined a strategic roadmap to enhance institutional DeFi and programmability within its ecosystem.

This initiative focuses on integrating compliance-driven solutions, expanding lending capabilities, and introducing innovative tokenization tools to solidify XRPL’s role in institutional finance.

With these advancements, financial institutions will gain new opportunities to tokenize real-world assets (RWAs), utilize stablecoins more effectively, and participate in decentralized liquidity markets.

XRP Ledger Roadmap (Source: Ripple)

XRPL’s upcoming features include:

Decentralized Identity

According to the roadmap, XRPL will integrate decentralized identity (DID) and credential-based verification this year to strengthen compliance and security.

This system allows institutions to establish permissioned domains where only verified users can participate. A permissioned decentralized exchange (DEX) is also in development, ensuring all participants meet regulatory requirements without compromising decentralization.

According to Ripple:

“Permissioned Domains and Permissioned DEX protocols enforce membership and compliance rules by requiring the appropriate DID-based Credentials, all while preserving the open nature of the XRPL.”

This approach addresses the growing need for on-chain financial infrastructure that aligns with global financial regulations.

Multi-Purpose Tokens

Another key upgrade for the network is the introduction of Multi-Purpose Tokens (MPTs), which provide a flexible framework for representing traditional financial instruments.

Traditional financial assets, such as bonds and structured products, often require extensive metadata that fungible tokens cannot efficiently capture. To address this, XRPL developers have introduced MPTs as a flexible standard that bridges fungible and non-fungible token attributes.

This means that MPTs will enable institutions to tokenize and trade RWAs with enhanced flexibility and unlock new use cases in digital finance.

XRPL Lending

XRPL is introducing an on-chain lending protocol designed specifically for institutional finance.

This system will integrate with Ripple Payments, DEX, RWAs, and stablecoins while leveraging a default RLUSD vault for liquidity optimization.

Institutions will have access to lending pools with permissioned access and fixed-term, uncollateralized lending options.

The lending mechanisms will facilitate compliant on-chain credit markets, allowing banks, fintech firms, and asset managers to participate in DeFi with regulatory safeguards. Validator voting for these upgrades is expected in Q2 2025.

Programmability update

This year, XRPL will also enhance its programmability with Extensions, a lightweight framework that adds modular functionality to on-chain features without introducing full smart contracts.

This framework will allow developers to customize functionalities such as escrows and automated market makers (AMMs) while maintaining security and efficiency.

The roadmap for programmability includes a phased rollout. Smart Escrows are expected to be tested in early 2025, and smart contracts will follow later in the year.

EVM Sidechain

Additionally, XRPL’s Ethereum Virtual Machine (EVM) Sidechain will launch on the mainnet in Q2 2025, enabling Ethereum developers to deploy decentralized applications (dApps) using Solidity.

This cross-chain solution allows for greater interoperability and access to XRPL’s ecosystem. The EVM Sidechain is expected to attract developers seeking interoperability while benefiting from XRPL’s established financial infrastructure.

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26 02, 2025

Oil Price Forecast Shifts with Trump Tariffs

By |2025-02-26T16:10:02+02:00February 26, 2025|Forex News, News|0 Comments


Oil Price Forecast Turns Bullish Amid U.S. Inventory Surprise

Oil markets got a jolt this week as prices ticked up in Asian trading on Wednesday, February 25, 2025. The rally came after a surprise drop in U.S. oil inventories, offering a glimmer of hope to traders who’ve been watching prices slide to two-month lows. Brent oil futures climbed 0.3% to $73.27 a barrel, while West Texas Intermediate (WTI) crude futures gained 0.4% to $69.17 a barrel. This uptick follows a rough patch—both contracts shed about $2 on Tuesday alone, rattled by shaky economic signals from the U.S. and Germany.

But don’t pop the champagne just yet. The oil price forecast remains clouded by bigger worries. A cooling global economy and threats of Trump tariffs are keeping traders on edge. Could this inventory draw signal tighter supplies ahead, or will demand fears and trade tensions drag prices back down? Let’s unpack what’s driving the oil price forecast today and what it means for markets.

U.S. Inventory Draw: A Rare Bright Spot

The American Petroleum Institute (API) dropped a bombshell Tuesday evening: U.S. oil inventories shrank by 0.6 million barrels for the week ending February 21. Analysts had braced for a 2.3-million-barrel build, so this unexpected draw flipped the script. It’s a small shift, sure, but in a market nursing losses, it’s enough to spark chatter about a tighter supply outlook.

Official data from the U.S. Energy Information Administration (EIA), due later today, will either confirm or contradict the API’s findings. Historically, API numbers often foreshadow EIA reports, so traders are cautiously optimistic. If the trend holds, the oil price forecast could see a short-term lift as supply concerns ease. Still, with 2024 marked by oversupply fears, this lone data point isn’t enough to rewrite the broader narrative—yet.

Economic Jitters Weigh on the Oil Price Forecast

Zoom out, and the picture gets murkier. The oil price forecast isn’t just about barrels in storage—it’s about demand, and that’s where the trouble brews. Tuesday’s $2 price drop wasn’t random; it followed weak economic data from two heavyweights: the U.S. and Germany. In the U.S., consumer confidence took a hit in February, hinting at slower spending in a nation that drives global growth. Across the Atlantic, Germany’s GDP contracted again, signaling trouble for Europe’s biggest economy.

Why does this matter? When wallets tighten, oil demand softens. Cars stay parked, factories slow, and shipping stalls. The oil price forecast hinges on economic health, and right now, the pulse is weak. Add in Trump tariffs, and you’ve got a recipe for uncertainty that’s tough to swallow. Prices might be up today, but the market’s jittery, and for good reason.

Trump Tariffs: The Wild Card in Oil Markets

Speaking of Trump tariffs, they’re the elephant in the room. President Donald Trump has been rattling sabers, threatening new trade barriers that could shake up global commerce. This week, he floated tariffs on copper and confirmed duties on Mexico and Canada will kick in next week. China, a massive oil importer, remains a prime target too. If Trump tariffs hit hard, they could choke China’s economy—and its thirst for crude.

The oil price forecast doesn’t like unpredictability, and Trump tariffs bring plenty of it. A trade war could slow global growth, shrink demand, and send oil prices tumbling. Tuesday’s two-month low reflects that fear. Yet, Wednesday’s rebound shows markets are still digesting the news, balancing tariff threats against supply-side surprises like the inventory draw. Traders are stuck in a tug-of-war, and the outcome’s anyone’s guess.

Brent and WTI Futures: Where Are They Headed?

Let’s zoom in on the trading action. Brent oil futures expiring in April nudged up to $73.27 a barrel—a modest 0.3% gain. Meanwhile, WTI crude futures hit $69.17 a barrel, up 0.4%. These are the benchmarks investors watch, and their moves shape the oil price forecast daily. Tuesday’s $2 plunge stung, but Wednesday’s recovery suggests some resilience.

For context, Brent reflects global oil dynamics, sourced from the North Sea, while WTI tracks U.S.-centric trends. Both are futures contracts, meaning traders bet on where prices are headed—say, Brent Oil Futures’s price in April. The inventory draw boosted both, but economic headwinds and Trump tariffs could cap gains. The oil price forecast here is a tightrope walk between supply hope and demand dread.

Alt Text: A chart showing the latest oil price forecast with Brent and WTI futures rising after a U.S. inventory draw.

What’s Next for the Oil Price Forecast This Week?

This week’s a big one for data nerds. Thursday brings U.S. fourth-quarter GDP numbers, a snapshot of how the world’s biggest economy fared late last year. Friday ups the ante with the PCE price index—the Federal Reserve’s go-to inflation gauge—plus German inflation figures. These releases will either fuel or douse the oil price forecast.

If GDP disappoints, expect demand worries to deepen, dragging oil prices lower. A hot PCE reading could stoke fears of tighter Fed policy, another blow to growth. German inflation, meanwhile, hints at Europe’s trajectory. The oil price forecast thrives on clarity, but these reports might just muddy the waters further. Traders are glued to their screens, and for good reason.

China’s Role in the Oil Price Forecast

China’s a linchpin in this story. As the world’s top oil importer, its demand swings markets. Trump tariffs targeting Beijing could kneecap its economy, curbing crude purchases. The news of potential copper tariffs this week only amps up the pressure. If China stumbles, the oil price forecast takes a hit—fewer barrels shipped means lower prices.

But it’s not all doom. China’s been diversifying supply chains and boosting domestic production. Still, Trump tariffs loom large, and any slowdown there ripples globally. The oil price forecast can’t ignore this giant, especially with trade tensions heating up.

Historical Context: 2024’s Rocky Ride

Step back to 2024, and oil’s had a tough go. Prices started the year with promise but slumped as supply piled up and demand softened. The API’s latest draw is a blip against that backdrop—0.6 million barrels shaved off a glut doesn’t erase months of oversupply angst. The oil price forecast for 2025 hinges on whether this week’s uptick is a turning point or a false dawn.

Trump tariffs didn’t help last year either. Threats turned into action, rattling markets and fueling economic unease. Pair that with a global growth slowdown, and you see why oil’s nursing losses. The question now: can a tighter U.S. supply outlook shift the oil price forecast, or are we stuck in a rut?

Why the Oil Price Forecast Matters to Traders

For Markets.com readers, the oil price forecast isn’t just news—it’s opportunity. Brent and WTI futures are tradable instruments, and every tick matters. A bullish forecast might mean buying in, betting on tighter supplies. A bearish one, driven by Trump tariffs or weak GDP, could signal a sell-off. Timing’s everything, and this week’s data dump will test traders’ nerves.

Oil’s volatility draws a crowd. It’s tied to inflation, currencies, and equities—when oil moves, markets feel it. The oil price forecast gives you the edge, whether you’re hedging or speculating. With Trump tariffs in play, that edge feels sharper than ever.

Global Demand Outlook: A Closer Look

Beyond the U.S. and China, demand’s faltering elsewhere. Germany’s GDP woes signal a European slowdown, a red flag for oil consumption. Emerging markets, too, face headwinds as Trump tariffs threaten trade flows. The oil price forecast doesn’t live in a vacuum—global growth sets the tone.

Yet, there’s nuance. Warmer weather could cut heating oil use, while a manufacturing rebound might lift diesel demand. The oil price forecast weighs these variables, but right now, the scale tips toward caution. Economic jitters and trade friction aren’t fading anytime soon.

Supply Side: Beyond the U.S. Draw

The U.S. inventory drop stole headlines, but supply’s a global game. OPEC’s sitting tight, with no big cuts announced. Non-OPEC producers like Canada and Brazil keep pumping, adding barrels to the mix. The oil price forecast can’t ignore this flood, even if U.S. stocks dip.

Wednesday’s API data sparked hope, but it’s a drop in the bucket—literally. A 0.6-million-barrel draw pales against yearly trends. The oil price forecast needs more than one-off surprises to turn bullish long-term. Trump tariffs could shift supply chains, too, but that’s a slow burn.

Investor Sentiment: Fear vs. Hope

Markets run on emotion as much as data. Right now, sentiment’s split. The inventory draw offers hope—maybe supplies won’t drown prices after all. But Trump tariffs and economic gloom fuel fear, keeping bulls in check. The oil price forecast reflects this push-pull, with Wednesday’s gains a tentative step forward.

Social media’s buzzing too. Posts on X show traders debating: “Is this a dead cat bounce, or the start of something?” Sentiment’s fragile, and the oil price forecast hangs in the balance. One bad GDP print could tip it.

How Trump Tariffs Could Reshape Oil Markets

Let’s double-click on Trump tariffs. Copper’s in the crosshairs now, but oil’s not immune. Tariffs on Mexico and Canada, set for next week, could hike transport costs—think higher gasoline prices at the pump. China’s the big domino, though. If Trump tariffs slam its factories, crude demand drops fast.

The oil price forecast has to factor this in. Trade wars don’t just hit GDP—they hit oil directly. Look at 2018: tariffs sparked volatility, and prices yo-yoed. History says Trump tariffs mean turbulence, and 2025’s shaping up the same.

What Analysts Are Saying

Experts are split. Some see the inventory draw as a lifeline, nudging the oil price forecast up short-term. Others warn Trump tariffs and economic data could swamp any gains. “We’re in wait-and-see mode,” one analyst told Markets.com. “Friday’s PCE could be the decider.”

Data backs both sides. Brent’s $73.27 and WTI’s $69.17 show resilience, but Tuesday’s $2 drop screams caution. The oil price forecast isn’t crystal clear—it’s a puzzle, and this week’s pieces are still falling into place.

Your Move: Trading the Oil Price Forecast

So, where do you stand? If you’re trading Brent or WTI on Markets.com, this week’s a rollercoaster. The oil price forecast suggests upside if EIA confirms the draw and GDP holds steady. But Trump tariffs and inflation data could flip the script. Stay nimble—oil’s never dull.

Check the Brent and WTI futures pages on Markets.com for live updates. The oil price forecast evolves daily, and timing’s your edge. Whether you’re in for the long haul or a quick scalp, this market’s got room to run—or stumble.

Wrapping Up: The Oil Price Forecast in Flux

Oil’s at a crossroads. Wednesday’s rally off a two-month low feels good, but the oil price forecast isn’t set in stone. A U.S. inventory draw offers a lifeline, yet Trump tariffs and economic jitters loom large. With GDP, PCE, and German inflation data dropping soon, clarity’s coming—fast.

For now, Brent and WTI futures are holding firm, but the oil price forecast teeters. Will supply tighten enough to lift prices, or will demand fears and trade tensions win out? Stick with Markets.com’s News section—we’ll keep you posted as the oil price forecast unfolds.

When considering shares, indices, forex (foreign exchange) and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss.

Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice.



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26 02, 2025

USD/JPY Forecast Today 26/02: US Dollar Continues (Video)

By |2025-02-26T15:50:13+02:00February 26, 2025|Forex News, News|0 Comments

  • The US dollar has gone back and forth during the course of the trading session on Tuesday, as the market is hanging around the 150 yen level, the 150 yen level, of course, is an area that has a certain amount of psychology attached to it as it is a large round psychologically significant figure.
  • But it’s also an area that’s been important more than once.

At this point, it certainly looks as if we are asking questions of the downside, but keep in mind that the interest rate differential continues to favor the US dollars. It’ll be interesting to see how this plays out. I think you’ve got a situation here where perhaps traders are looking through the prism of whether or not things can turn in the right direction as far as the interest rate differential is concerned, and we can break above the inverted hammer from Friday. I don’t know yet. This is a market that certainly looks like it is trying to find its bottom. But right now, we’re just bumping along. And I think the interest rate differential itself isn’t enough to get the market moving because everybody is freaking out about the idea of the carry trade unwinding.

On a Break Above the Highs of Friday

That being said, if we could break above the Friday inverted hammer from last week, it opens up a move to the 152 yen level, which is where the 200 day EMA currently resides. If we break down from here, perhaps below the 148 yen level, then it opens up a move down to the 145 yen level rather quickly. That goes against the interest rate swap and of course, you have to pay at the end of every day to do that. So that’s why I’m always a little bit leery of doing this, because it does add up over time. A short-term trade works out quite nicely, but if you end up in a trend trade, it gets expensive over the longer term. As things stand right now, the Japanese are likely to be at 0.75% by the end of the year, but the Americans are probably still going to be at 4%, or perhaps even 4.25% which is part of why I’m waiting to see if we can break to the upside.

Want to trade our USD/JPY forex analysis and predictions? Here’s a list of forex brokers in Japan to check out.

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26 02, 2025

XRP Price Outlook for February 26: Key Levels to Watch

By |2025-02-26T15:45:08+02:00February 26, 2025|Crypto News, News|0 Comments

XRP has recently shown signs of a possible trend reversal, although it is still under the influence of a broader bearish divergence. Over the past 24 hours, XRP briefly fell below the critical support zone between $2.25 and $2.30. However, it hasn’t confirmed a daily close beneath this range, allowing a glimmer of optimism for the bulls. While this bounce might fuel short-term hope, it does not guarantee that the bearish divergence is over, as larger time frames still show signs of a downtrend.

Current Price Action

Despite the bounce in XRP’s price, the overall market sentiment remains cautious. The larger bearish trend is still intact, and this short-term recovery might not be enough to turn the market’s direction for the long haul. Therefore, although a temporary uptrend is possible, traders must remain vigilant, as larger price movements could still challenge any upward momentum. The market could face further downward pressure if the broader bearish trend continues to exert influence over the price.

Analyzing Key Support and Resistance Zones

At present, XRP is encountering significant resistance in the $2.30-$2.46 range. This zone is a crucial pivot point for the asset, where a breakout could signal the beginning of a bullish trend. If XRP successfully surpasses this resistance, it could initiate a substantial rally. However, a failure to breach this zone would imply that the bearish trend might still hold sway, leading to further downward pressure on the price.

The immediate support level being closely monitored is at $1.95. If XRP manages to hold above this level, the price could see a continuation of its upward movement. However, if the price falls below this threshold, the market might experience more significant corrections. In that case, traders will be eyeing the next key support level, which is the February low of $1.77. If this level holds, it could provide an opportunity for a rebound, but if breached, further downside could be expected.

Bullish Scenario: What Could Trigger a Strong Uptrend?

In a bullish scenario, if XRP breaks through the $2.46 resistance level, it could pave the way for a significant price surge. A move toward the $5 to $6 range would indicate that a strong uptrend is taking place, offering an appealing reward-to-risk ratio for investors. Such a rally would likely occur in a five-wave pattern, signaling that the market has found a solid bottom and is ready to embark on a new upward trajectory.

If XRP manages to break the $2.83 resistance, it would validate the bullish outlook, confirming that the bearish divergence has been fully negated. This breakthrough would help solidify confidence in the market, attracting more buyers and driving the price higher.

Potential Risks: Bearish Reversal

On the flip side, if XRP fails to break above the $2.46 resistance, the price might continue to struggle and face more downside risk. The bearish divergence could continue to exert influence, pulling the price lower toward the $1.95 support level. If this support doesn’t hold, the market could experience a deeper correction, with the next support point lying around the $1.77 level.

Conclusion

XRP’s price is at a crucial juncture, as it tests important resistance and support levels. While the asset has shown some signs of a potential trend reversal, the larger bearish trend is still a major factor. A successful breakout above $2.46 could trigger a significant rally toward $5-$6, offering a substantial profit opportunity for investors. However, traders must remain cautious of the ongoing bearish divergence, as failure to break through key resistance levels could result in further downside risks. The $1.95 support remains pivotal in determining whether the bullish momentum can continue or if the market will face additional challenges.


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26 02, 2025

XAU/USD buyers jump back amid tariff uncertainty

By |2025-02-26T14:09:23+02:00February 26, 2025|Forex News, News|0 Comments


  • Gold price holds the previous rebound from weekly lows early Wednesday.
  • Fresh haven demand on tariff uncertainty and US economic woes underpin Gold price.
  • Gold buyers stay hopeful amid bullish daily RSI, while the 21-day SMA at $2,883 holds.  

Gold price struggles to build on Tuesday’s rebound in the Asian session on Wednesday. Gold buyers try their luck as safe-haven flows return on US President Donald Trump’s tariff uncertainty and weak US economic prospects.

Gold price bounces after the profit-taking slide

It was a classic case of profit-taking in Gold price on Tuesday, following a fresh record high of $2,956 set on Monday. Further, Gold price lost ground after the Hong Kong Census and Statistics Department showed that China’s total Gold imports via Hong Kong in January fell 44.8% from December to their lowest point since April 2022.

However, Gold buyers managed to stage a decent comeback in the mid-American session, courtesy of the weak US Conference Board (CB) Consumer Confidence data that sparked US economic concerns and weighed heavily on the US Dollar (USD) alongside the US Treasury bond yields.

US Consumer Confidence Index declined 7 points, its largest fall since August 2021, to 98.3, well below the Reuters estimate of 102.5.

Early Wednesday, Gold price sustains Tuesday’s late rebound as the tariff deadline on Canada and Mexico draws close. Meanwhile, underlying fears over a potential trade war continue to underpin the haven demand for the traditional store of value – Gold, keeping the downside short-lived.

Markets also weigh Trump’s ordering a new probe into possible new tariffs on copper imports to rebuild US production of the red metal.

US President signed an order on Tuesday, directing Commerce Secretary Howard Lutnick to start a new national security probe under Section 232 of the Trade Expansion Act of 1962, the same law that Trump used in his first term to impose 25% global tariffs on steel and aluminium.

The Gold price upswing, however, could face headwinds from a modest rebound in the Greenback and the US Treasury bond yields following the US House approval of the Republican Budget plan, which will likely advance Trump’s tax plans

Additionally, the optimism over the US-Sino meeting on tariffs also thwart the Gold price uptick but trade war concerns could continue to fuel dip-buying in the metal. Speeches from Fed policymakers could also provide some impetus to the non-interest-bearing Gold price due to a lack of top-tier US economic data releases on Wednesday.  

Gold price technical analysis: Daily chart

Despite the previous corrective decline, Gold price defended the 21-day Simple Moving Average (SMA) at $2,883.

The 14-day Relative Strength Index (RSI) has stalled its descent to turn higher, currently near 64, pointing to the additional upside.  

Gold buyers could retest the all-time highs at $2,956 if the rebound gathers steam. The next topside barriers are seen at the $2,970 resistance and the $3,000 threshold.

On the flip side, the immediate support is seen at the $2,900 round level, below which the 21-day SMA at $2,883 will be challenged again.

Further south, the February 14 low of $2,877 will be tested.

Gold FAQs

Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn’t rely on any specific issuer or government.

Central banks are the biggest Gold holders. In their aim to support their currencies in turbulent times, central banks tend to diversify their reserves and buy Gold to improve the perceived strength of the economy and the currency. High Gold reserves can be a source of trust for a country’s solvency. Central banks added 1,136 tonnes of Gold worth around $70 billion to their reserves in 2022, according to data from the World Gold Council. This is the highest yearly purchase since records began. Central banks from emerging economies such as China, India and Turkey are quickly increasing their Gold reserves.

Gold has an inverse correlation with the US Dollar and US Treasuries, which are both major reserve and safe-haven assets. When the Dollar depreciates, Gold tends to rise, enabling investors and central banks to diversify their assets in turbulent times. Gold is also inversely correlated with risk assets. A rally in the stock market tends to weaken Gold price, while sell-offs in riskier markets tend to favor the precious metal.

The price can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can quickly make Gold price escalate due to its safe-haven status. As a yield-less asset, Gold tends to rise with lower interest rates, while higher cost of money usually weighs down on the yellow metal. Still, most moves depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAU/USD). A strong Dollar tends to keep the price of Gold controlled, whereas a weaker Dollar is likely to push Gold prices up.



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