Category: Finance

The Indian Rupee flatlines in Friday’s Asian session.  Persistent outflows from local stocks and expectations of RBI rate cuts undermine the INR.  The February US Nonfarm Payrolls report on Friday wil...

Dogecoin price performance in 2025 has been volatile and raises questions about what the future could hold. Although the cryptocurrency has made strong early gains in the current bull cycle, it has ex...

The Australian Dollar weakens as the US Dollar remains firm ahead of Friday’s Nonfarm Payrolls release. The AUD may find support after Trump exempted Mexican and Canadian goods under the USMCA from hi...

On Friday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1705 as compared to the previous day’s fix of 7.1692 and 7.2406 Reuters estimates. PB...

The Icon Foundation, which supports the Icon network (ICX), declared a full victory in a precedent-setting case over the creation of 14 million ICX tokens through a bug. A judge in the District Court ...

Japan’s Finance Minister, Katsunobu Kato, said early Friday that there have been one-sided and rapid market moves, adding that he will take appropriate action against excessive foreign exchange ...

Pi Network, a mobile-minable cryptocurrency, has hit a new social media milestone of 4 million followers on X (formerly Twitter).  This milestone follows the Community Meme Coin (CMC/USDT), which is s...

WTI price remains under pressure around $66.00 in Friday’s early Asian session. Rising US inventories and plans to increase OPEC+ output weigh on the WTI price.  Oil traders brace for the US February ...

Chainlink price demonstrates stability within the volatile cryptocurrency market environment. The price increased after its previous dip to showcase improved buying demands. Market observers follow LI...

Federal Reserve Bank of Atlanta President Raphael Bostic said late Thursday that the US economy is in incredible flux and it’s hard to know where things will land. Key quotes The economy is in incredi...

EUR/USD overextended its recent bull run, getting rejected from 1.0850. ECB rate cut forecasts have plummeted, prompting an FX rebalance. US NFP net jobs additions figures loom large on Friday. EUR/US...

Canada’s Finance Minister Dominic LeBlanc stated late Thursday that the country will delay its second wave of retaliatory tariffs on $125 billion in US products until April 2. However, there was...

Bank of England Monetary Policy Committee member Catherine Mann said late Thursday that gradual interest-rate moves no longer send clear signals to volatile financial markets and larger shifts are now...

GBP/USD saw little movement compared to recent price action on Thursday. Momentum is faltering after a sharp correction in rate cut expectations. Investors are hunkering down ahead of key US NFP jobs ...

Gold consolidates ahead of key US Nonfarm Payrolls report. XAU/USD remains above $2,900 but struggles as US 10-year yield hits 4.286%. Trade tensions escalate as Canada and China retaliate against Tru...

Silver holds near $32.50, with buyers unable to push past key resistance. Next upside targets: $33.00, February 20 high of $33.20, and cycle high of $33.39. A break below $32.00 could expose $31.50 an...

USD/CAD weakens to around 1.4300 in Thursday’s late American session.  Trump delayed the tariffs until April 2 for goods covered by the USMCA. The US Initial Jobless Claims fell below consensus to 221...

Long considered a blockchain powerhouse, Cardano (ADA) boasts a strong proof-of-stake system and a solid basis for research-driven development. ADA trades at $0.66 as of February 25, 2025. Forecasters...

USD/CHF extends decline below 0.9000, hitting a yearly low. RSI signals bearish momentum, with further downside if 0.8800 is breached. Next support at 0.8738; upside capped at 0.8900 and 100-day SMA a...

US President Donald Trump hit markets with yet another structural pivot on his tariff agenda, announcing some temporary exemptions for certain sectors, as well as getting his 25% tariffs against Mexic...

AUD/JPY fell after a two-day winning streak, trading near the 93.60 zone ahead of the Asian session. While selling pressure resumed, the MACD indicates a decline in bearish momentum, leaving the short...

Australian Dollar retreats as the US Dollar stabilizes, with investors reassessing risk appetite. Australia’s GDP data exceeded expectations, but trade policy concerns overshadowed gains, pressuring A...

Federal Reserve (Fed) Governing Board Member Christopher Waller noted on Thursday that recent data has made it more difficult to argue in favor of additional rate cuts heading into the tail end of the...

The Canadian Dollar cycled near key moving averages on Thursday. Market participants are chewing on unclear tariff policy from the Trump administration. Canadian jobs data and US NFP net payrolls numb...

Using the Elliott Wave Principle (EWP), we have been tracking the most likely path forward for the NASDAQ100 (NDX). Although there are many ways to navigate the markets and to each their own, we find ...

The Cardano price moves strongly right now at $0.807, with a current 24-hour trading volume of $4.83 billion. Despite a 15.40% daily drop, ADA sprang 24.81% in a week to attain a market cap of $28.99 ...

Victoria, Seychelles, March 6th, 2025, Chainwire Bitget, the leading cryptocurrency exchange and Web3 company has announced expanded the capabilities of its Spot Bot trading service by adding support ...

Whales have activated their supply, sending coins to Binance during a turbulent market. Large-scale deposits to Binance reached a three-month high, a level that often predicts a market shift.  Whale d...

Congressman Thomas Massie (R-KY) reintroduced his bill to abolish the Federal Reserve on Thursday, calling the central bank the root cause of inflation and economic instability. The legislation, known...

The cryptomarket has faced severe headwinds since the year began. The looming uncertainty in Trump’s economic policies have driven investors away from riskier investment vehicles such as cryptocurrenc...

The crypto market is heating up with opportunities, and three projects stand out as strategic picks for 2025: Ripple (XRP), Cardano (ADA), and Rexas Finance (RXS). XRP is breaking past key resistance ...

Safe, the multi-signature wallet platform at the heart of the $1.5 billion Bybit hack on Feb. 21, shared an update of the findings of its investigation into the hack in collaboration with cybersecurit...