Bitcoin Magazine CEO David Bailey confirms that Kamala Harris will not speak at the upcoming Bitcoin Conference. Bitcoin adoption has grown as Ferrari Luxury Car Manufacturer accepts crypto payments across Europe. Continued Mt. Gox funds movement may … [Continue reading]
FX option expiries for July 25 NY cut
FX option expiries for July 25 NY cut at 10:00 Eastern Time, via DTCC, can be found below. EUR/USD: EUR amounts 1.0720 746m 1.0830 865m 1.0850 858m 1.0950 1.2b GBP/USD: GBP amounts 1.2980 404m USD/JPY: USD … [Continue reading]
PBOC sets USD/CNY reference rate at 7.1321 vs. 7.1358 previous
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 ETFs yet to impact ETH’s price despite impressive launch day
Ethereum ETFs are on track for a successful second trading day after capturing $107 million in net inflows on launch day. Investors shifted attention toward ETH as its impressive first-day launch ended BTC ETFs' 12 days of consecutive net inflows. … [Continue reading]
Ripple lawsuit could see changes with Kamala Harris’ nomination, XRP rallies 5%
Ripple lawsuit is awaiting final ruling, Mark Cuban hinted at Kamala Harris’ nomination influencing crypto regulation in the US. The SEC alleges that the payment remittance firm has violated securities laws, Ripple CEO said in a recent … [Continue reading]
Mexico 1st half-month Inflation came in at 0.71%, above expectations (0.38%) in July
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]
German Preliminary Manufacturing PMI declines to 42.6 in July vs. 44.0 expected
Germany’s Manufacturing PMI dropped to 42.6 in July vs. 44.0 anticipated. Services PMI for the German economy fell to 52.0 in July vs. 53.1 estimate. EUR/USD falls further below 1.0850 after downbeat German PMIs. The German manufacturing … [Continue reading]
Gold Price Forecast: XAU/USD stays hopeful above $2,400, as US PMI data loom
Gold price consolidates the previous rebound above $2,400, as US PMIs grab attention. Risk-aversion, Treasury yields rebound continue to support the US Dollar. Gold price’s path of least resistance appears to the upside amid favorable technicals. … [Continue reading]
Crude Oil struggles to recover footing on Tuesday despite API barrel count contraction
WTI US Crude Oil found a foothold above $77.00, but bearish pressure remains. Crude Oil markets have fallen back as geopolitical risk premiums get priced out. Uncertainty in Chinese fossil fuel demand keeps barrel prices pinned low. West Texas … [Continue reading]
Dow Jones Industrial Average flattens on Tuesday as investors await key data prints
The Dow Jones failed to make meaningful headway on Tuesday. A trio of US data prints loom overhead throughout the week's back half. With hopes of a September rate cut pinned, traders will be hoping for easing data. The Dow Jones Industrial Average … [Continue reading]