The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, attracts some buyers during the Asian session on Wednesday and reverses a part of the overnight slump to the lowest level since February 2022.
European Central Bank (ECB) executive board member Piero Cipollone said early Wednesday, “the European economy has been proven resilient and we expect data that could top our forecasts.”
Silver price (XAG/USD) surges to near $113.50 during the Asian session on Wednesday. The rally of the white metal is bolstered by economic and geopolitical risks, and interest rate cut expectations. The US Federal Reserve (Fed) interest rate decision will be in the spotlight later on Wednesday.
Ethereum is also indicating that it may move upwards from its current level of around $2,947. Technical analysts believe that it may move back to the level of $3,200 or even $3,500 in the coming weeks if it manages to stay above some levels of support. However, this kind of growth of 20% is very […]
The Australian Dollar (AUD) edges lower against the US Dollar (USD) on Wednesday after registering over 1% gains in the previous session.
On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.9755 compared to the previous day's fix of 6.9858 and 6.9231 Reuters estimate.
The AUD/JPY cross builds on the overnight bounce from the vicinity of the 106.00 mark, or a nearly one-week low, and attracts buyers for the second day on Wednesday.
Gold price (XAU/USD) rises to near a fresh record high around $5,160 during the early Asian session on Wednesday. The precious metal extends its upside amid a weaker US Dollar (USD), ongoing geopolitical tensions and economic uncertainty.
GBP/USD is well on its way to a second straight week of strong gains as the US Dollar (USD) gives up the ghost on the back of ongoing trade war rhetoric undercutting the Greenback’s strength.
The Bank of Japan (BoJ) board members shared their views on the monetary policy outlook on Wednesday, per the BoJ Minutes of the December meeting.
US President Donald Trump said that the value of the US Dollar (USD) is great when asked whether he thought it had declined too much, Reuters reported on Tuesday.
The USD/JPY pair slumps to over three-month lows near 152.30 during the early Asian session on Wednesday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) on speculation about a possible coordinated intervention by Japanese and US authorities.
Large cryptocurrency depositors, also known as whales, are leaving Shiba Inu (SHIB) to invest in a different coin called Mutuum Finance (MUTM). The whale investors involved in the Shiba Inu project have been implementing major portfolio changes. The investors are looking for more than the mere exchange of meme coins; they are looking for the […]
EUR/USD skyrockets to a new five-year high of 1.2082 on Tuesday after US President Donald Trump expressed that he does not think the Dollar has fallen too much, triggering a sell-off of the Greenback, which is down so far over 1.31% in the day.
US spot Ethereum (ETH) exchange-traded funds (ETFs) recorded nearly $117 million in net inflows on Monday, snapping out of a four-day outflow streak, according to SoSoValue data. The positive value came solely from Fidelity's FETH, which pulled in $137.2 million.
KuCoin EU just locked in a Markets in Crypto-Assets Regulation (MiCAR) license, giving the company a green light to legally run services in all 27 EU countries, under a single, unified rulebook, and KuCoin got in ahead of the July 1 deadline. Alongside the license win, KuCoin EU announced Sabina Liu as its new Managing […]
The Sanxenxo City Council, in Pontevedra, in the autonomous community of Galicia, is currently living through a cyberattack that has resulted in a standoff between the City Council and the hackers who have made their demands known. The city has signaled plans to move forward without paying the $5,000 BTC ransom required to release encrypted […]
Redwire stock spiked 29% on Tuesday after it got picked to join the Golden Dome contract pool, a huge Department of Defense program under President Donald Trump. The pool is worth up to $151 billion, and it’s tied to building out next-gen missile defense systems across space, cyber, and air. Thousands of companies are now […]
Standard Chartered has warned that banks in the U.S. may lose up to $500 billion to stablecoins by 2028.
Pinterest shares got slammed Tuesday, dropping more than 10%, after the company said it’s laying off nearly 15% of its workforce and cutting back on real estate. That’s hundreds of jobs gone. It’s all happening as Pinterest rushes to plug artificial intelligence into everything it does. The company said in a securities filing that the […]
Crypto payment network Mesh has completed its $75 million Series C funding round.
The AUD/JPY halts its downtrend and trades flat during Tuesday’s US session after posting back-to-back bearish daily candles, on speculation of intervention in the FX markets to boost the Japanese Yen.
Binance Coin (BNB) is making headlines because a large corporation named Grayscale is planning to launch a new ETF for BNB. This piece of news may also help BNB’s price increase. Currently, BNB is trading close to $890. Analysts believe that if it manages to cross $900, it may attempt to move towards $1,000. However, […]