Ripple (XRP) edges higher at the time of writing on Thursday, trading above $1.12. The cross-border remittance token seeks to erase a persistent downtrend that has weighed on the price since mid-May, as investors navigated geopolitical tensions in … [Continue reading]
South Africa Business Confidence Index dipped from previous 131.3 to 124.1 in April
Gold fades a modest Asian session bounce to the $4,118 region, though it manages to hold above the lowest level since November 2025. A softer Core US Consumer Price Index eased concerns about a runaway inflation spiral, weighing on the US Dollar and … [Continue reading]
Indonesian Rupiah declines as Retail Sales face downturn in April
USD/IDR extends gains for the second consecutive day, trading around 17,970 during the Asian hours on Thursday. The pair holds ground as the Indonesian Rupiah (IDR) struggles following the domestic Retail Sales data release.Indonesia’s retail sector … [Continue reading]
US launches fresh strikes on Iran, IRGC closes Hormuz to all vessels
"Ending soon" did not survive the day. Hours after telling Fox News the Iranians had asked him to stop the bombing, Trump was complaining Tehran took "too long to negotiate a deal," warning it would "pay the price," and insisting all Iran has to do … [Continue reading]
Euro trades muted ahead of expected ECB rate hike
The EUR/USD pair trades near the 1.1550 region on Thursday as the Euro (EUR) remains little changed despite expectations that the European Central Bank (ECB) will raise interest rates at its upcoming policy meeting. Investors remain cautious ahead of … [Continue reading]
Australian Dollar loses ground for fourth day as NAB forecasts future RBA rate cuts
The AUD/USD pair trades near 0.7020 on Wednesday, as the Australian Dollar (AUD) continues to lose value after the latest United States (US) inflation report was released mostly in line with expectations, reinforcing the view that the Federal Reserve … [Continue reading]
United States MBA Mortgage Applications rose from previous -2.5% to 10.8% in June 5
Cardano edges lower to $0.1600 signaling a potential extension of the 30% loss from last week. The altcoin remains under intense selling pressure, weighing on its retail support. Still, a spike in dormant supply re-entering circulation signals that … [Continue reading]
Oil: Upside risks build as supply tightens – ING
ING analysts Warren Patterson and Ewa Manthey note that WTI and Brent fell sharply but see upside for Oil prices as US–Iran tensions persist and no peace deal is in sight. They highlight tightening global and US Oil markets, falling inventories, and … [Continue reading]
British Pound consolidates below 1.3400 vs USD amid fresh Iran tensions, ahead of US CPI
The GBP/USD pair struggles to capitalize on its recovery gains recorded over the past two days, from a three-week low, and oscillates in a narrow band during the Asian session on Wednesday. Spot prices currently trade around the 1.3365-1.3370 area, … [Continue reading]
United States API Weekly Crude Oil Stock came in at -9.119M, below expectations (-3.4M) in June 5
AUD/USD fades Monday’s optimism and trades with decent losses in the low 0.7000s ahead of the opening bell in Asia. Indeed, spot fails to capitalise on the offered stance of the Greenback and the relatively easing tensions in the Middle East on … [Continue reading]