Share: Silver gains some positive traction and snaps a seven-day losing streak to over a two-week low. The technical setup still favours bears and warrants caution...
In its latest crackdown, the U.S. Commodities and Futures Trading Commission (CFTC) has recently taken enforcement actions against three decentralized finance (DeFi) firms over the alleged...
Share: USD/CAD drifts lower during the Asian session on Friday amid a modest USD weakness. A combination of factors warrants some caution before positioning for any...
Share: USD/CNH extends its gains due to the firmer US Dollar (USD) following the consistent stream of upbeat economic data. Momentum indicators indicate a favorable upward...
A Bitcoin ETF will likely be approved in the U.S. by the end of 2023. The general public has no idea this is about to happen....
Share: EUR/USD stages a modest recovery from a three-month trough touched on Thursday. Retreating US bond yields prompts some USD profit-taking and remains supportive. The fundamental...
Share: Gold price trades higher due to retreating in US Dollar (USD) from a winning streak. The decline in US Treasury yields has contributed to the...
Share: USDCHF trades lower around 0.8910 after robust employment data from the US. The reduced jobless claims and the improved labor costs contributed to the strengthening...
Bitcoin rose on Friday morning in Asia to trade above the resistance level of US$26,000, leading a rally across most top 10 non-stablecoin cryptocurrencies. The exceptions...
Share: USD/CAD oscillates around the 1.3678-1.3686 region in a narrow trading band. US weekly Initial Jobless Claims came in better than the market expectation. Canadian Ivey...
Five altcoins may witness “historic opportunities to rise,” according to the crypto analytics firm Santiment. Santiment says altcoins are showing “mild signs of life,” with several...
Share: USD/JPY edges higher to 147.36 following the weaker Japanese growth numbers. Japanese Gross Domestic Product (GDP) Q2 came in at 1.2% QoQ vs.1.5% prior, worse-than-expected...
Share: EUR/USD trades at 1.0696, up 0.01%, but remains below the pivotal 1.0700 mark, signaling potential for further downside. For a bullish reversal, the pair needs...
US Dollar Coin (USDC) stablecoin issuer Circle is responding to proposed changes to the European Union’s (EU) financial crime policies, which would impact crypto companies. In...
Share: AUD/USD trades flat at 0.6375 as Australia posts a trade surplus of A$8 billion in July, missing estimates and sparking risk-off sentiment. US jobless claims...
The founder of the Ethereum (ETH) layer-2 scaling solution Polygon (MATIC) is responding to allegations that the Polygon Foundation deposited nearly $6 million worth of the...
Share: Polish central bank cuts interest rates deeper than expected, draws criticisms. Politics appear to be influencing central bank action rather than the economy. Polish inflation...
The former co-chief executive of bankrupt crypto exchange FTX is reportedly pleading guilty to criminal charges stemming from the firm’s high-profile collapse. In a new report,...
Share: USD/CHF rose to 0.8925, up by 0.20% daily. Switzerland Unemployment data from August didn’t show any surprises. Hawkish bets on the Fed boosts the USD...
The crypto-focused subsidiary of investing giant Fidelity Investments says Ethereum (ETH) is currently trading at a discount. In a new report titled ‘Ethereum Investment Thesis’, Fidelity...