The Trump Media and Technology Group reportedly plans to raise $3 billion to purchase cryptocurrencies. The fund generation will consist of $2 billion in fresh equity and $1 billion from convertible note sales.The company previously shared its … [Continue reading]
Gold Price Forecast: XAU/USD hold on to higher ground above $3,330
XAU/USD Current price: $3,341.79Tariffs-related headlines brought near-term relief on Monday.The United States will release some interesting figures on Tuesday.XAU/USD loses its positive momentum, but a steeper decline is out of the table.Spot Gold … [Continue reading]
EUR/USD Price Forecast: Bulls hold the grip
EUR/USD Current price: 1.1374United States markets will remain closed on holidays, market moving on sentiment.The Federal Open Market Committee will release the Minutes of the May meeting on Wednesday.EUR/USD eases from a fresh multi-week peak, … [Continue reading]
Pound Sterling outperforms US Dollar on renewed concerns over Greenback’s credibility
The Pound Sterling refreshes a three-year high near 1.3600 against the US Dollar due to US President Trump’s ever-changing tariff announcements on the EU. Trump threatens to impose 25% duties on Apple for not manufacturing in the US.Traders see … [Continue reading]
WTI holds gains above around $61.50 due to easing US-EU trade concerns
WTI price appreciates as President Trump extends the 50% tariff deadline on imports from the EU.Oil attracts buyers amid rising geopolitical tensions in the Middle East.Oil prices may struggle as OPEC+ could decide to raise output by another 411,000 … [Continue reading]
US President Donald Trump extends deadline for 50% tariffs on EU goods to July 9
US President Donald Trump said on Sunday that he agreed to an extension on the 50% tariff deadline on the European Union (EU) until July 9 after a phone call with Commission President Ursula von der Leyen, per Bloomberg. Von der Leyen said … [Continue reading]
Binance’s CZ and World Liberty Financial deny claims of policy discussions in Pakistan
Binance co-founder Changpeng Zhao denied claims of acting as a facilitator for World Liberty Financial in Pakistan.WLFI co-founder Zak Folkman stated that the company's discussions with Pakistan government officials never revolved around foreign … [Continue reading]
Ethereum Price Forecast: ETH risks double-digit losses as President Trump issues tariff threats on EU and Apple
Ethereum price today: $2,540Ethereum declined 3% after President Trump announced fresh tariffs on the EU and Apple.The bullish market structure hasn't broken yet, supported by strong buying pressure from US spot Ether ETFs and whales.ETH could … [Continue reading]
EUR/USD snaps back above 1.1300 as Trump’s tariff salvo roils markets
EUR/USD dips to 1.1296 after Trump announces steep tariffs on EU imports starting June 1.The pair rebounds to 1.1350 as US Dollar stays pressured by rising fiscal deficit concerns.Euro shrugs off ECB rate cut talk, supported by improving German GDP … [Continue reading]
Gold rallies past $3,350 as Trump escalates trade war with EU
XAU/USD rallies as Trump warns of 50% tariffs on EU imports, escalating trade war and boosting safe-haven demand.The US House passes a $4 trillion debt-heavy budget, with the Senate vote and inflation data in focus.Talks on Ukraine and Iran ease … [Continue reading]