The Indian Rupee edges higher on the modest decline of the US Dollar on Friday. Foreign inflows into Indian bonds could lift the INR, while higher crude oil prices might weigh on it. The first reading of June’s PMI data from both India … [Continue reading]
Web3 security firm identifies activity similar to Kraken breach on OKX, BingX, Gate.io and Binance
Hexagate, a Web3 security firm, has identified on-chain activity similar to CertiK in Kraken’s case. Security firm detected this across Base, BNBChain, Optimism, Arbitrum, Avalanche, LineaBuild and Polygon. Hexagate states there is no … [Continue reading]
Forex Today: All the looks will be on PMI reports
The US Dollar regained strong upside traction and maintained the price action in the risk complex depressed amidst interest rate cuts speculation and soft US data releases. In addition, the BoE and the Norges Bank kept their policy rates unchanged … [Continue reading]
Gold rises as geopolitical risks increase
Gold demand increases from investors bundling into safety as geopolitical risks escalate. Israel’s threat of “all-out war” with Lebanon and Russia’s signing of an alliance with North Korea are intensifying concerns. XAU/USD recovers and … [Continue reading]
BoE to keep interest rate unchanged, focus on meeting minutes
The Bank of England is expected to keep its policy rate unchanged. UK disinflationary pressure accelerated in May. GBP/USD faces an initial up-barrier at 1.2860. The Bank of England (BoE) is expected to keep its policy rate … [Continue reading]
USD/INR posts modest gains amid stronger US Dollar, India’s foreign inflows
The Indian Rupee (INR) loses ground on the firmer US Dollar on Thursday. Significant inflows into Indian markets might support the INR, while Fed rate-cut bets could cap the upside. Investors await the US weekly Initial Jobless Claims, … [Continue reading]
Japan Foreign Investment in Japan Stocks increased to ¥80B in June 14 from previous ¥-346.6B
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Ethereum ETF issuers expected to file updated S-1s before Friday
Ethereum ETF issuers are expected to file updated S-1s before weekend following Bitwise filings. SEC didn't explicitly declare ETH a commodity despite closing Ethereum 2.0 investigation. Ethereum's increased implied volatility may be misleading as … [Continue reading]
Gold trades little changed as Fed rate-cut expectations sustain
Gold trades flat on low holiday volumes as US bond markets close for Juneteenth-day celebrations. Fed officials continue to toe the official line on interest rates, advocating a cautious, data-driven approach. XAU/USD continues forming a … [Continue reading]
US Dollar sidelined with US markets closed
The US Dollar trades flat on Wednesday despite sluggish US Retail Sales. Markets face a relatively quiet trading day, with US markets closed in observance of Juneteenth. The US Dollar index holds above 105.00, though this week's upcoming US … [Continue reading]