SharpLink announced it purchased 176,270.69 ETH for a total of $462.9 million.The company has become the largest public company holding ETH, with 95% of its reserves deployed into staking.Ethereum could fall to $2,260 if it fails to hold the lower … [Continue reading]
USD/JPY recovers above 144.00 on Israel-Iran tensions, cautious BoJ
USD/JPY trades above 144.00 as safe-haven flows boost the US Dollar amid rising Middle East tensions.BoJ is expected to hold rates steady, limiting support for the Yen despite earlier hawkish signals from Governor Ueda.Japan and the US prepare to … [Continue reading]
Gold surges past $3,400 on Israel-Iran war risk, soft US inflation boosts safe-haven demand
Bullion rallies to five-week high amid geopolitical tension and dovish Fed outlookIsrael strikes Iran, fueling fears of broader war and driving flight to safety into Gold.XAU/USD hits $3,446 before easing on profit-taking; eyes next week’s Fed … [Continue reading]
United States Baker Hughes US Oil Rig Count fell from previous 442 to 439
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]
Canada Wholesale Sales (MoM) below expectations (-0.9%) in April: Actual (-2.3%)
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]
USD/CAD Price Forecast: Bulls remain on the sidelines as Middle East tensions boost Oil prices
USD/CAD attracts some buyers amid rebounding USD, though the upside seems limited. Fed rate cut bets and trade uncertainties might cap the upside for the buck, and the pair.Surging Oil prices and less dovish BoC expectations warrant caution for the … [Continue reading]
Australian Dollar falls due to risk-off sentiment amid escalating Israel-Iran tensions
The Australian Dollar declines due to dampened risk sentiment amid rising tensions in the Middle East.Israeli military officials said that Israel attacked dozens of nuclear sites across Iran.The US Producer Price Index rose 0.1% MoM in May, against … [Continue reading]
Israel could strike Iran within days, US and Israeli officials say – WSJ
The Wall Street Journal (WSJ) reported late Thursday that Israel is prepared to attack Iran in the coming days if Tehran rejects a US proposal to limit its nuclear program, citing US and Israeli officials.A senior Israeli official warned that a … [Continue reading]
EUR/USD Price Forecast: Extra advances look at the Dollar
EUR/USD surpassed the 1.1600 hurdle to hit new multi-year peaks on Thursday.The US Dollar sold off to more than three-year troughs on data, trade uncertainty.The ECB’s Schnabel said the bank’s monetary policy is in a “good place”.The Euro (EUR) … [Continue reading]
USD/INR pares earlier gains after softer US PPI data for May
USD/INR edges slightly higher on Thursday after a four-day losing streak..US tariff threats make a comeback as US President Trump threatens to send letters to trading partners outlining the terms of trade.Rising probabilities of a Fed rate cut in … [Continue reading]