AUD/USD advances during the North American session, up by 0.70% as the Greenback edges lower while the US and Iran reach a deal to extend a ceasefire by 60 days, which includes the reopening of the Strait of Hormuz. The pair trades at 0.7167 after … [Continue reading]
NEAR Price Forecast: Three reasons NEAR could extend its rally
Near Protocol (NEAR) extends its rebound above $2.50 on Monday, as crypto prices broadly stabilize amid optimism of a potential US-Iran peace agreement. The Artificial Intelligence (AI) token has surged nearly 100% in May, supported by projections … [Continue reading]
Singapore Dollar: Range trade bias against US Dollar holds – UOB
UOB’s Quek Ser Leang and Lee Sue Ann expect USD/SGD to edge lower and test 1.2760 in the near term, though a sustained break below that level is unlikely. They maintain a 1–3 week range-trading view between 1.2730 and 1.2820, with major support at … [Continue reading]
Australian Dollar: Rebound meets resistance against US Dollar – UOB
UOB’s Quek Ser Leang and Lee Sue Ann report that AUD/USD rebounded sharply after recent weakness, with the pair swinging between 0.7100 and 0.7168 and now trading near 0.7155. They see scope for further gains but doubt a clear break above 0.7175, … [Continue reading]
GBP/USD Price Forecast: Extends recovery to near 20-EMA amid risk-on mood
The GBP/USD pair is up 0.35% to near 1.3480 during the Asian trading session on Monday. The Cable trades firmly as market sentiment for riskier assets has improved significantly due to increased hopes of a deal between the United States (US) and … [Continue reading]
WTI tumbles 5% on renewed hopes of the Strait of Hormuz reopening
West Texas Intermediate (WTI) – the US oil benchmark – has witnessed a steep bearish opening gap on Monday, now losing nearly 5%, on its way to surrendering the $90 threshold.The sell-off in the black gold is fuelled by the renewed optimism over a … [Continue reading]
SEC delays tokenized stock exemption amid industry concerns
The US Securities and Exchange Commission (SEC) has delayed plans to introduce an exemption that would allow crypto firms to trade tokenized equities, according to a Bloomberg report on Friday.SEC pauses planned roll out of tokenized stock exemption … [Continue reading]
Ethereum Weekly Price Forecast: EF departures, sticky inflation weigh on ETH
The Ethereum Foundation (EF) has come under pressure again following high-profile departures over the past few days, with researchers Carl Beek and Julian Ma announcing their exits on Monday. That extends the list of departures since February to … [Continue reading]
Singapore Dollar: Mild bullish against US Dollar within tight range – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann expect USD/SGD to edge lower intraday toward 1.2760, though a sustained break is seen as unlikely, with major support at 1.2730 intact. On a 1–3 week horizon, UOB keeps a neutral stance, … [Continue reading]
NYSE parent partners with OKX to launch perpetual Oil contracts
Intercontinental Exchange (ICE), parent company of the NYSE, has partnered with OKX to roll out perpetual futures contracts for its Brent Crude and WTI Crude energy benchmarks. The collaboration, announced on Friday, highlights growing momentum to … [Continue reading]