The Sui Foundation releases a code for an on-chain vote for its community to decide on the recovery of stolen funds.With 34 votes in favor, an additional 24 'yes' responses are required to regain control of the frozen funds. SUI soars as the … [Continue reading]
Japan’s Kato says will closely monitor bond market situations
Japan’s Finance Minister Shunichi Kato said on Wednesday that he will closely monitor bond market situations as he is concerned about a recent spike yields in Japan.This comment came after two sources told Reuters on Tuesday that Japanese … [Continue reading]
Dow Jones Industrial Average climbs nearly 750 points on Tuesday’s tariff rebound
The Dow Jones Industrial Average gained ground on Tuesday.Investor sentiment is rebounding after US President Trump delayed his own tariffs once again.Trump’s proposed additional 50% tariff on EU goods has been delayed until July 9.The Dow Jones … [Continue reading]
GBP/USD eases from three-year high as US Dollar steadies on trade hopes
The British Pound slips from a three-year high amid a modest rebound in the US Dollar. GBP/USD trades near 1.3500, down nearly 0.50% on the day.The UK’s stronger-than-expected inflation data from last week trims bets on rate cuts.The British … [Continue reading]
EUR/USD corrects as Greenback recovers on progress in US-EU trade talks
EUR/USD faces selling pressure above 1.1400 as the US Dollar rebounds on increased hopes of a quick bilateral trade deal between the US and the EU.European officials asked domestic companies to provide details on US investment proposals.Inflation in … [Continue reading]
France Consumer Price Index (EU norm) (YoY) fell from previous 0.9% to 0.6% in May
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]
Australian Dollar hovers near a psychological level after retreating from six-month highs
The Australian Dollar holds its position near a psychological 0.6500 level after pulling back from a six-month high of 0.6537.The AUD faces few challenges due to a dovish sentiment surrounding the RBA’s policy outlook.The US Dollar struggles over … [Continue reading]
Trump Media Group to raise $3 billion to acquire crypto: Financial Times
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]