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]
ECB’s Schnabel: Monetary policy cycle is coming to an end
European Central Bank (ECB) board member Isabel Schnabel said on Thursday, “monetary policy cycle is coming to an end.”Additional commentsGrowth outlook broadly stable despite trade conflict.Medium-term inflation stabilizes at … [Continue reading]
Top Crypto Movers: KAIA, ENS, CRV – Altcoins plummet ahead of GENIUS Act, Kaia stands out
Kaia extends gains with Won-pegged stablecoin assurance, the sole crypto with double-digit gains in the last 24 hours.Ethereum Naming Service leads the market decline as it reverses from a strong supply zone.Curve DAO risks a pullback to the $0.50 … [Continue reading]
NZD/USD gathers strength above 0.6000 on softer US CPI data
NZD/USD edges higher to around 0.6035 in Thursday’s early European session, bolstered by the softer US Dollar. Softer US inflation data undermines the US dollar and acts as a headwind for the pair. Trump said the trade deal with China is … [Continue reading]
Bitcoin, crypto market holds steady following US-China trade agreement and lower inflation
The US headline CPI inflation data for May rose to 2.4%, below expectations of 2.5%.President Donald Trump stated that the US and China have reached a trade deal with existing tariffs remaining unchanged.Bitcoin held steady at $109,000, but Ethereum … [Continue reading]
WTI Oil prices rally on US-China trade optimism and declining inventories
US–China trade negotiations progress, lifting risk sentiment and supporting Oil gains.The US Energy Information Administration (EIA) released a weekly stockpile report, showing a larger-than-expected reduction in Oil inventories.WTI prices rise above … [Continue reading]
The night brings white smoke over London – Commerzbank
An agreement was finally reached in the trade talks between China and the US in London in the middle of the night. As expected, the foreign exchange market did not react strongly to the news, Commerzbank's FX analyst Michael Pfister notes. US-China … [Continue reading]
Altcoin Season: Ethereum outperforms Bitcoin as declining BTC dominance sirens Altseason ahead
Ethereum strengthens against Bitcoin, signaling a shift in capital toward altcoins. The Bitcoin Dominance chart risks a downfall with a double top and bearish RSI divergence, signaling altcoins’ chance to shine. The Altseason Index … [Continue reading]