GBP/USD steadies below 1.3400 as traders digest BoE policy update and US inflation data The GBP/USD pair stalls the previous day’s pullback from the vicinity of mid-1.3400s and a nearly two-mont...
Category: Finance
Live Finance News Updates.
Tokenized Stocks Arrive; DeepSnitch AI Targets 100x
Crypto Projects Securitize brings real stocks on-chain. This is the Dogecoin price prediction, and here’s why DeepSnitch AI is the next 32,000% opportunity. Securitize has announced plans to lau...
Midnight Emerges as a Standout Performer in the Cardano Ecosystem
Altcoins Midnight’s debut on the Cardano ecosystem is already reshaping activity across the network, with adoption accelerating at a pace few new tokens manage to achieve so early in their lifecycle. ...
BoJ hikes policy rate, USD recovers despite soft inflation
Here is what you need to know on Friday, December 19: The US Dollar (USD) manages to hold its ground early Friday and the Japanese Yen (JPY) stays resilient against its rivals following the Bank of Ja...
Tests nine-day support near 1.1700
EUR/USD remains weaker for the fourth consecutive session, trading around 1.1720 during the Asian hours on Friday. On the daily chart, technical analysis indicates a prevailing bullish bias, as the pa...
EUR/GBP holds steady near 0.8750 following BoE rate cut, ECB policy hold
The EUR/GBP cross trades on a flat note around 0.8760 during the early European session on Friday. This move follows the Bank of England’s (BoE) interest rate cut and market expectations for a s...
Micron posts blowout results in record quarter, stock Soars 13%
While AI stocks have sputtered in recent weeks, Micron Technology (NASDAQ:MU) keeps right on generating strong returns. Micron, a leading manufacturer of high bandwidth memory and storage chips for AI...
EUR/CAD ticks up to near 1.6160 ahead of ECB speeches
The EUR/CAD pair edges higher to near 1.6160 during the early European trading session on Friday. The cross ticks up as the Euro (EUR) outperforms its major peers ahead of speeches from a slew of Euro...
Indian Rupee gains as soft US inflation empowers RBI’s intervention
The Indian Rupee (INR) opens on a bullish note against the US Dollar (USD) on Friday. The USD/INR pair declines to near 90.30 as weakness in the US Dollar due to an unexpected slowdown in the United S...
Bitwise files with SEC to launch Spot Sui ETF
Crypto asset manager Bitwise aims to further expand its presence in the emerging crypto ETF market with a notice it has filed with the US Securities and Exchange Commission to create a spot Sui exchan...
Aptos Takes Preventive Step Against Long-Term Quantum Threats
Altcoins Aptos is taking an early step toward future-proofing its network by proposing optional post-quantum signature support, signaling that quantum computing risks are now being treated as a long-t...
Senate approves Michael Selig as CFTC Chair and Travis Hill as FDIC Chair
The U.S. Senate on Thursday approved two of President Donald Trump’s appointments to lead two of the most important U.S. cryptocurrency regulators. Mike Selig will join as chairman of the Commodity Fu...
US Dollar strengthens aboove 98.50 despite cooling inflation data
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a positive note near 98.55 during the early European trading hours ...
Fetch.ai Targets the Biggest Barrier to Autonomous AI Commerce
Fintech Autonomous AI agents have become increasingly proficient at searching and recommending shopping options, but most stop short of completing transactions. Fetch.ai said Thursday that it will rol...
USD/CHF rises to near 0.7950 ahead of UoM Consumer Sentiment Index
USD/CHF recovers its recent losses registered in the previous session, trading around 0.7950 during the Asian hours on Friday. The pair appreciates as the US Dollar (USD) recovers losses ahead of the ...
JPMorgan reiterates stablecoin market unlikely to hit $1T by 2028
JPMorgan analysts pushed back again on trillion-dollar projections for stablecoins, arguing that the market’s growth will remain in line with the broader crypto space. The bank argued that the stablec...
AUD/JPY holds gains around 103.00 following BoJ policy decision
AUD/JPY extends its winning streak for the third successive session, trading around 103.00 during the Asian hours on Friday. The currency cross gains ground as the Japanese Yen (JPY) declines after th...
Silver falls on profit-taking but remains buoyed by Fed rate cut bets
Silver price (XAG/USD) falls to around $64.95 during the Asian trading hours on Friday. The white metal retreats after hitting a record high in the previous sessions as traders book profits. The poten...
Solana prepares for the quantum era with new cryptography trials
Solana developers have initiated a test of cryptography designed to withstand quantum attacks. They made this statement at a time when quantum computing is shifting from being a distant concept to a c...
Whales Step In as Hyperliquid Futures See Sharp Deleveraging
HYPE, the native token of decentralized perpetual exchange, Hyperliquid records a substantial loss of over 8.8% on Thursday. Following the release of U.S CPI data, and Bitcoin price reverting from $89...
EUR/JPY gains further to near 183.00 as BoJ raises interest rates to 0.75
The EUR/JPY pair extends its upside to near 183.00 on Friday as the Japanese Yen (JPY) weakens, after the Bank of Japan (BoJ) monetary policy announcement. The pair rises further after the BoJ raised ...
GBP/JPY climbs further above 208.50 as BoJ hike fails to lift JPY
The GBP/JPY cross attracts some dip-buyers during the Asian session on Friday and stalls the previous day’s late pullback from levels just above the 209.00 mark, or a fresh high since August 200...
Bank of Japan lifts interest rates by 25 bps to 0.75%, as expected
The Bank of Japan (BoJ) board members decided to raise the short-term interest rate by 25-basis-point (bps) to 0.75% from 0.50% following the conclusion of its two-day monetary policy review meeting o...
WTI struggles below $56.00 amid hopes for a Russia–Ukraine peace deal
West Texas Intermediate (WTI) Oil price loses ground for the second successive session, trading around $55.80 per barrel during the Asian hours on Friday. Crude Oil prices are on track for a second co...
Japanese Yen weakens despite CPI rise as focus remains on BoJ policy
The Japanese Yen (JPY) attracts fresh sellers during the Asian session on Friday and slides back closer to the weekly low, touched against its American counterpart the previous day. The downtick defie...
Schiff slams $DJT as brand play, not real enterprise
Peter Schiff attacked a Trump-owned company, $DJT, on Thursday, claiming it has little value but is connected to the President. According to Schiff, $DJT constantly invents many things, reflecting tha...
USD/CAD remains below 1.3800 amid Fed rate cut bets
USD/CAD remains subdued for the second successive session, trading around 1.3780 during the Asian hours on Friday. The pair faces challenges as the US Dollar (USD) struggles amid rising expectations o...
Australian Dollar gains as US Dollar remains steady on Fed policy outlook
The Australian Dollar (AUD) advances against the US Dollar (USD) on Friday, extending gains for the second successive day. The AUD/USD pair receives support as the US Dollar (USD) could lose ground am...
Chainlink Reserve Adds Nearly 93K LINK Despite Market Volatility
LINK, the native cryptocurrency of the Chainlink decentralized oracle network plunged 2.77% on Thursday U.S. market hours to trade at $11.92. The downtick followed mark wide correction as Bitcoin reve...
PBOC sets USD/CNY reference rate at 7.0550 vs. 7.0583 previous
On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 7.0550 compared to the previous day’s fix of 7.0583. PBOC FAQs The primary monetary po...
New Zealand Dollar posts modest gains on softer US CPI inflation
The NZD/USD pair posts modest gains near 0.5775 during the early Asian session on Friday. The US Dollar (USD) softens against the New Zealand Dollar (NZD) as softer-than-expected US inflation data ra...
GBP/USD steadies below 1.3400 amid BoE hawkishness and softer US CPI
The GBP/USD pair stalls the previous day’s pullback from the vicinity of mid-1.3400s and a nearly two-month high, though it struggles to attract meaningful buyers during the Asian session on Fri...