Raydium price is rallying by more than 18% on Thursday after finding support around its $2 psychological level. South Korea’s largest cryptocurrency exchange, Upbit, lists RAY trading pairs on Thurday. CoinGlass Open Interest data for RAY … [Continue reading]
EUR/USD capped below 1.1500 as Fed stays put, Trump fuels Dollar strength
EUR/USD trades near 1.1476 after briefly breaching 1.1500 post-Fed.Fed maintains rates; projections show slower growth, stickier inflation.Trump open to Iran meeting, while ECB officials flag Eurozone economic weakness.The EUR/USD trades almost flat … [Continue reading]
Fed’s Powell: Take some time for tariffs to work their way to consumers
Federal Reserve Chairman Jerome Powell explained the decision to leave the policy rate unchanged at the 4.25%–4.50% range following the June meeting and responded to questions during the post-meeting press conference.[embedded content]Follow our live … [Continue reading]
USD/CAD trades flat ahead of Fed rate decision and Powell’s remarks
Bank of Canada’s Macklem may shift CAD outlook with comments on tariffs, inflation risks, and economic momentum.The Loonie remains vulnerable with monetary policy divergence in focus.Fed projections and Powell’s tone may influence the direction of … [Continue reading]
AUD/USD is struggling to regain the 0.6500 level with risk appetite subdued
Ongoing geopolitical tensions are hurting risk appetite and limiting Aussie's upside attempts.Recent data from China cast doubts about the property sector's recovery.Later today, the Fed's monetary policy decision will set the US Dollar's … [Continue reading]
NZD/USD climbs to 0.6035 area as USD edges lower ahead of Fed rate decision
NZD/USD regains positive traction on Wednesday amid a modest USD weakness.Reduced RBNZ rate cut bets underpin the NZD and further support spot prices.Geopolitical risks and trade uncertainties might cap ahead of the Fed decision. The NZD/USD pair … [Continue reading]
NZD/USD gathers strength above 0.6000, Fed rate decision in focus
NZD/USD edges higher to near 0.6025 in Wednesday’s early Asian session. Reduced RBNZ rate cut bets support the New Zealand Dollar.The Fed is expected to keep interest rates steady at its June meeting on Wednesday.The NZD/USD pair gathers … [Continue reading]
Dow Jones Industrial Average falls as Middle East tensions rise
The Dow Jones Industrial Average shed weight on Tuesday, receding below 42,500.Geopolitical tensions took center stage again as the Israel-Iran conflict accelerates.US Retail Sales took a nosedive in May, falling nearly a full percent from the … [Continue reading]
EC President von der Leyen: US trade negotiations are complex but we are advancing
European Commission President Ursula von der Leyen said on Tuesday that trade talks between the European Union (EU) and the United States (US) are complex but added that they are advancing.Key takeaways"The US and the EU have agreed on a July 9th … [Continue reading]
EUR/USD oscillates without a clear bias with US Retail Sales on focus
The Euro is trapped in a tight range around 1.1550.Risk aversion is gripping markets ahead of the US Retail Sales release.EUR/USD wavers halfway through a small triangle pattern.The EUR/USD pair is showing marginal gains but remains within the … [Continue reading]