The E-mini Dow Jones Futures (YM1!) spent the better part of a year inside a clean upsloping parallel channel, grinding from the April 2024 lows all the way up toward the 50,000–51,000 area. That was ...
Category: Finance
Live Finance News Updates.
HUF: Political shift boosts forint and EU ties – MUFG
MUFG’s Senior Currency Analyst Lee Hardman reports that Hungary’s election ended Viktor Orban’s 16-year rule, with Peter Magyar’s Tisza party on course for a supermajority. Planned institutional and c...
CONX, ARB and RAIN lead token unlocks as $221M enters circulation this week
Connex and Arbitrum top token unlocks in $221M week, with the sum coming from a combination of one-time cliff unlocks and linear vesting programs. RAIN alone contributes more than a third of this week...
USD/JPY: Ueda caution and Oil risks in focus – BNY
BNY’s Head of Markets Macro Strategy Bob Savage highlights comments from Bank of Japan (BoJ) Governor Kazuo Ueda stressing vigilance over higher Oil prices and global financial instability. Whil...
BoE: Seen on hold as data soften – Societe Generale
Societe Generale analysts note a quiet week for the UK, with the March RICS housing survey pointing to weaker demand as higher energy costs and mortgage rates weigh on confidence. They highlight upcom...
Canada Building Permits (MoM) registered at -8.4%, below expectations (-0.5%) in February
Gold is under marked downside pressure at the beginning of the week, trading in multi-day lows near the $4,600 mark per troy ounce. The uptick in crude oil prices, following the failure of initial US–...
EUR/USD: Safe haven Dollar holds gains – Rabobank
Rabobank’s Senior FX Strategist Jane Foley notes that the US Dollar (USD) has benefited from renewed safe haven demand and reduced Federal Reserve (Fed) rate cut expectations, with EUR/USD currently t...
3 overbought cryptocurrencies to avoid trading this week
With the cryptocurrency market showing modest rebounds over the past week, several assets have entered overbought territory. This state is typically reached when the relative strength index (RSI) rise...
BlackRock’s IBIT ETF holders are down an estimated total of $12 billion
BlackRock bought more Bitcoin (BTC) than any other exchange-traded fund (ETF) last week, with its iShares Bitcoin Trust (IBIT) recording around $612 million in net inflows. The surge underscores the a...
Wall Street sets Micron stock price for the next 12 months
Following a dynamic month that first saw a 30% plunge and then a 30% rally for Micron (NASDAQ: MU), Mizuho Securities elected to raise its already bullish outlook for the memory company. Micron stock ...
AUD/USD: Jobs data to steer RBA path – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad highlights that the Reserve Bank of Australia’s (RBA) narrow 5–4 decision to hike in March leaves upcoming labor data crucial for timing the next move. Con...
Oil: Prices surge on Hormuz blockade threat – ING
ING’s Ewa Manthey and Warren Patterson report that Oil markets rallied sharply after US-Iran talks collapsed, with ICE Brent jumping over 9% and NYMEX WTI moving above $105/bbl. The US plans a maritim...
Fed: On hold as energy shock lifts inflation – Deutsche Bank
Deutsche Bank economists report the Federal Reserve (Fed) left rates at 3.50%-3.75% in March and still expects a 25 bp cut in September. Markets price only modest easing. They warn a prolonged Strait ...
EUR/USD Price Forecast: Recovery halts near 50% Fibo retracement at 1.1750
The EUR/USD pair recovers a majority of its opening losses, but is still 0.2% down to near 1.1700 during the late European trading session on Monday. The major currency pair is still under pressure as...
XRP ETFs record strongest weekly inflows in 2 months
The institutional appetite for XRP through United States spot exchange-traded funds (ETFs) rebounded strongly last week. The U.S. spot XRP ETFs posted a total cash inflow of $11.75 million last week, ...
USD/CAD flat as surging Oil, hawkish Fed expectations offset
USD/CAD trades around 1.3840 at the time of writing, virtually unchanged on Monday after briefly advancing earlier in the day. The pair struggles to extend its rebound, caught between support for the ...
Canada: Carney majority prospects and fiscal outlook – TD Securities
TD Securities strategists discuss Canadian by-elections in three federal ridings and notes that Prime Minister Carney’s Liberals are close to securing a majority in Parliament. They highlight that a s...
Silver Price Forecasts: XAG/USD hovers at $74.00 with bullish momentum fading
Silver (XAG/USD) is trading practically flat, right above the $74.00 level at the time of writing, after having hit session lows at $72.61. The failure of the peace talks between the US and Iran this ...
Nvidia or Intel? We asked ChatGPT which is the better AI stock for Q2 2026
Nvidia (NASDAQ: NVDA) is usually squared against Advanced Micro Devices (NASDAQ: AMD) in most discussions regarding which semiconductor giant is the best to invest in, but the artificial intelligence ...
USD/CHF treads water around 0.7900 with markets awaiting news from Iran
The US Dollar (USD) is giving away previous gains against the Swiss Franc (CHF), as the pair remains trapped within a roughly 70-pip range around 0.7900 on Monday, with upside attempts capped below th...
WLFI Price Dips as Justin Sun Raises Governance Questions
Justin Sun escalated claims over WLFI’s governance structure. WLFI dropped 20% in seven days as the public dispute continued. Technical indicators stayed bearish with support at $0.077 and resistance ...
Monero Price Rises Above Key Levels as $XMR Volume Rise
Monero (XMR) gains 1.33% as price breaks key Fibonacci and moving averages. Trading volume of Monero jumped nearly 19%, signaling strong market participation. Holding above $347 level remains crucial ...
KT DeFi Introduces Digital Asset Infrastructure Amid XRP Market Volatility
As the cryptocurrency market experiences increased volatility, the price of XRP has entered a phase of noticeable range-bound fluctuations. With shifting market sentiment, investors are exploring alte...
XRP price prediction as inventors flip fully bearish
XRP’s next price movement is now in focus after it emerged that the asset’s market sentiment has turned sharply negative. This sentiment emanates from the fact that XRP’s social data indicates one of...
Ineos Automotive: A billionaire’s rugged SUV startup eyes U.S. growth
Ineos Grenadier SUV Courtesy Ineos Automotive An automotive startup founded by a knighted billionaire, U.K. chemical mogul and minority owner of one of the world’s most prominent soccer clubs wa...
How Kodak is trying to turn around after teetering on bankruptcy
On Jim Continenza’s first day on the job as Eastman Kodak executive chairman in 2019, he got a call from a star Hollywood filmmaker telling him the company was making a big mistake. The photogra...
AUD/USD’s recovery halts at 0.7060 as Trump vows to close Hormuz
The Australian Dollar (AUD) bounced at session lows to 0.6990 against the safe-haven US Dollar (USD) on Monday to close a previous trading gap in the area of 0.7055. The pair, however, is struggling t...
USD: Gradual reserve erosion and sanctions-driven shifts – Commerzbank
Commerzbank’s Head of FX and Commodity Research Thu Lan Nguyen argues that, despite Iran’s Renminbi toll plans and geopolitical tensions, the US Dollar (USD) remains structurally dominant in trade and...
Pound Sterling underperforms peers on renewed Middle East war
The Pound Sterling (GBP) trades lower against its major currency peers, trading 0.25% lower to near 1.3425 against the US Dollar (USD) during the European trading session on Monday. The British curren...
EUR/HUF drops to February 2022 lows as Hungary election lifts Forint
EUR/HUF falls sharply on Monday, with the Euro (EUR) weakening against the Hungarian Forint (HUF) as the cross slides to its lowest level since February 2022. The Forint strengthens across the board a...
Ripple Price Bottoms as Extreme FUD Signals Reversal Setup
Santiment shows Ripple’s social sentiment at its third-highest bearish level in two years. Historically, a negative social sentiment precedes sharp rebounds. $XRP Price at $1.3280 consolidates above $...
Observers raise manipulation suspicions as RAVE rides wave to token all-time high
RAVE showed a risky side of tokens, as it broke out in a record short squeeze. RAVE peaked above $9.20, as Binance trading liquidated short positions. RAVE revealed the risks of betting on the downsi...