President-elect Donald Trump could announce as many as 100 executive orders within hours of being sworn in as the 47th President. His executive authority on day one is to push forward his top priorities related to the border, energy, and … [Continue reading]
Kraken team supports Senate in planning strategic Bitcoin reserve, ten states set to approve new legislation
Senator Cynthia Lummis met with the Kraken exchange team to discuss the strategic Bitcoin reserve and comprehensive digital asset frameworks. 10 states have introduced legislation for a strategic Bitcoin reserve. DOGE leader Vivek Ramaswamy could be … [Continue reading]
Top meme coins Shiba Inu and PEPE rally as crypto market maintains bullish momentum
Meme coins Shiba Inu and PEPE have seen double-digit gains in the past 24 hours. SHIB could rally to $0.0000299 if it validates a rounded bottom move. PEPE could rally to tackle its all-time high of $0.0000280 after overcoming a key trendline … [Continue reading]
Gold prices dip in face of strengthening US Dollar
Gold slightly down in late trading, still up 0.40% for the week amid geopolitical tensions. Mixed US economic data; higher Housing Starts, lower Building Permits minimally impact Bullion. Fed Governor Waller's dovish comments suggest potential for … [Continue reading]
Mexican Peso surges as traders eye next week’s inflation data
Mexican Peso recovers as China's 5% GDP growth for 2024 boosts global sentiment. EU-Mexico trade agreement revival pre-Trump inauguration boosts Peso optimism. IMF and World Bank predict modest Mexican growth in 2025, cite domestic and US political … [Continue reading]
Australian Dollar gives up terrain as markets fear US tariffs
AUD/USD dips 0.20% to around 0.6200 on Friday. Upbeat Chinese GDP fails to offset RBA’s dovish signals. Trump’s impending tariff plans fuel cautious market sentiment. AUD/USD returns to negative territory near 0.6200 on Friday, failing to preserve … [Continue reading]
US Dollar attracts buyers as attention turns to Trump
President-elect Donald Trump is expected to unveil a range of executive directives designed to jumpstart fiscal measures, tariffs and stimulus actions. Robust housing figures, including rising permits and starts, suggest that the United States … [Continue reading]
NZD/USD Price Analysis: brief pullback questions 20-day SMA support
NZD/USD fell at the end of the weekresting around 0.5590 after struggling to sustain previous gains. RSI plunges to 40 in negative territory, pointing to weakening momentum as sellers regain confidence. MACD histogram shows rising green bars, hinting … [Continue reading]
USD/JPY rallies on technical bounce on Friday
USD/JPY rebounded 0.6% on Friday as the Greenback stiffens. The pair gave a tidy technical bounce from a key moving average. Markets are broadly pivoting back into Fed rate cut hopes. USD/JPY rallied on Friday, gaining six-tenths of one percent and … [Continue reading]
Gold price stumbles as US Dollar rises ahead of the weekend
Gold slightly down in late trading, still up 0.40% for the week amid geopolitical tensions. Mixed US economic data; higher Housing Starts, lower Building Permits minimally impact Bullion. Fed Governor Waller's dovish comments suggest potential for … [Continue reading]