Cardano (ADA) hovers around $0.64 at the time of writing on Monday, having corrected nearly 7% in the previous week. Derivatives data signal waning trader confidence and growing expectations of further downside as Open Interest (OI) drops to a yearly … [Continue reading]
Eurozone Current Account s.a came in at €11.9B below forecasts (€22.5B) in August
Markets are bracing for a summit that feels less like diplomacy and more like a staring contest between tectonic plates. The Trump–Xi meeting at the upcoming APEC summit is being billed as a chance to “defuse” tensions — but traders know better. This … [Continue reading]
WTI holds losses near $57.00 due to OPEC+ oversupply concerns
West Texas Intermediate (WTI) Oil price trims its recent gains from the previous session, trading around $57.00 per barrel during the Asian hours on Monday. Crude Oil prices face challenges amid concerns over rising global supply.Last week’s … [Continue reading]
NZD/USD gathers strength above 0.5700 after New Zealand’s CPI inflation data
The NZD/USD pair gathers strength to near 0.5730 during the early Asian session on Monday. The New Zealand Dollar (NZD) edges higher against the US Dollar (USD) after the release of consumer price inflation data. Later on Monday, traders will closely … [Continue reading]
Ethereum Price Forecast: Asia backers to join forces to launch $1 billion ETH treasury
Ethereum (ETH) declined by 2% on Friday despite reports of key crypto investors in Asia collaborating in an effort to launch a $1 billion ETH treasury, according to Bloomberg.Key Asia crypto backers set to launch $1 billion Ethereum treasurySeveral … [Continue reading]
Jupiter unveils Ultra v3 trading engine to boost performance
Jupiter (JUP) fell 2% on Friday despite revealing the launch of its new trading engine, Ultra V3, aiming to improve the platform's performance and lower trading fees.JUP declines despite Jupiter launching V3 trading engineSolana-based decentralized … [Continue reading]
EUR/USD slips as Trump softens China tariff stance, US Dollar recovers
EUR/USD dives 0.17% during the North American session on Friday as the Greenback trims its earlier losses as US President Donald Trump tempered his trade rhetoric on China. The pair trades at around 1.1666 after hitting a daily high of 1.1728.Euro … [Continue reading]
Dow Jones Industrial Average takes one last bullish swing for the week
The Dow Jones Industrial Average (DJIA) found a near-term foothold to wrap up the trading week, rebounding around 240 points from recent lows and fighting to stay on the high side of key moving averages. Equities took a hit this week after multiple … [Continue reading]
Canadian Dollar rebounds as Greenback recedes
The Canadian Dollar (CAD) caught a fresh bid on Friday, reclaiming some lost ground against the US Dollar (USD), although the Loonie still remains trapped near six-month lows against the Greenback. The possibility of tariff easing from the US sparked … [Continue reading]
XRP extends decline persists as SOPR resets
Ripple (XRP) is struggling to hold above a key support, trading at around $2.26 on Friday. The cross-border money remittance token has deepened its correction for four consecutive days amid a sticky bearish sentiment in the broader cryptocurrency … [Continue reading]