Elon Musk unveiled Grok4 during a livestream on X.xAI launched Grok4 and Grok4 Heavy, AI tools designed to enhance research and productivity.Artificial Intelligence tokens added over $220 million in market capitalization in the last 24 hours.Grok4, a … [Continue reading]
Pi Network Price Forecast: Buying pressure resurfaces amid Pi Node’s new version launch
Pi Network edges higher, gradually recovering from last week’s 12% decline.The launch of a new Pi Node version aims to improve the node initialization process.Technicals share a bullish bias as PI nears the breakout of an Adam and Eve pattern on the … [Continue reading]
USD/BRL holds ground near 5.60 after rising sharply due to Trump’s 50% tariff on Brazil
USD/BRL appreciated as Trump announced a 50% tariff on Brazilian imports, up from the previous 10% rate.President Trump defended his decision by accusing Brazil of engaging in unfair trade practices.The recent FOMC Meeting Minutes suggested … [Continue reading]
Crypto Gainers Price Prediction: WIF, SPX, XLM – Meme coins shine as Bitcoin hits record high
Dogwifhat breaks out of a falling channel with a double-digit rise on Wednesday, eyes further gains. SPX’s triangle breakout rally is at a crucial crossroads near the $1.56 resistance. Stellar exits a triangle pattern, reaching a monthly … [Continue reading]
GBP/USD muddles through another tariff-heavy day
GBP/USD remains stuck near 1.3700 as ambiguous market risks pile up.Cable traders remain largely on-balance, but Greenback flows could return at any moment.A fresh batch of tariff threats atop another tariff delay is mixing poorly, hamstringing … [Continue reading]
US Dollar eases as Fed Meeting Minutes flag possible rate cuts later in the year
The US Dollar steadies with a bullish tone amid trade tensions and cautious sentiment ahead of the FOMC meeting minutes.US President Donald Trump confirms 50% tariffs on copper, warning that pharmaceutical imports could face a 200% duty.The technical … [Continue reading]
Fed Minutes Preview: Rate cut signals expected amid tariff volatility
The Minutes of the Fed’s June 17-18 policy meeting will be published on Wednesday.Details surrounding the discussions on the decision to keep policy settings unchanged will be scrutinized by investors.Markets see virtually no chance of a 25 bps Fed … [Continue reading]
USD/JPY retreats from 147.15 as risk aversion eases ahead of the FOMC Minutes
The US Dollar fails to break above 147.00 and gives away gains as risk aversion fades. Hopes of a trade deal between the US and Japan are providing some support to the Yen. Later today, the US FOMC Minutes will provide additional guidance for the US … [Continue reading]
USD/CHF strengthens above 0.7950 amid confusion over tariff policies
USD/CHF attracts some buyers to near 0.7975 in Wednesday’s early European session. Trump said a 50% tariff on copper imports is coming and threatened levies on pharmaceuticals. The release of the FOMC Minutes will take center stage later on … [Continue reading]
WTI gains ground above $67.00 amid renewed Red Sea attacks
WTI price drifts higher to around $67.15 in Wednesday’s early Asian session. Simmering Red Sea conflict boosts the WTI price. Crude oil stockpiles in the US unexpectedly rose by 7.1 million barrels last week, said API. West Texas … [Continue reading]