The U.S. dollar edged lower on Monday as investors monitored developments in the Israel-Iran conflict and looked ahead to a packed week of central bank meetings, including the Federal Reserve’s highly anticipated decision. As of 04:15 ET (08:15 GMT), the U.S. Dollar Index—measuring the greenback against a basket of six major currencies—was down 0.2% at […]
Daily Technical Analysis EUR/USD: Moderates Near 1.1550 Amid Escalating Israel-Iran Tensions
EUR/USD extends its decline for a second straight session, trading around 1.1540 during Monday’s trading hours. The pair remains under pressure as the US Dollar strengthens on the back of safe-haven demand, fueled by escalating geopolitical tensions in the Middle East. On Friday, Israel launched attacks on Iranian nuclear facilities and missile sites. In response, […]
The Power of Supply & Demand: Unlocking Trading Opportunities
In the world of trading, mastering the concepts of supply and demand is not only an advantage, but a necessity. These two fundamental forces are responsible for price movements in financial markets and, if you know how to interpret them correctly, they can become powerful tools for making more accurate and profitable decisions. Throughout this […]
Solana ETFs Could See Approval in 3–5 Weeks as SEC Signals Openness to Staking
The U.S. Securities and Exchange Commission (SEC) has requested that Solana ETF issuers submit amended S-1 filings within the next week, signaling progress in the review process, Blockworks reported Tuesday, citing three sources familiar with the matter. One source indicated that the requested revisions could accelerate approval timelines, with the first Solana ETF potentially gaining […]
Today’s stocks to watch: Tesla, GameStop and Meta
Key Points To Watch Out For: Tesla (TSLA): rebound after Musk’s apology and robotaxi announcement Tesla shares rose 2.5% in premarket trading after Elon Musk said his recent criticism of President Trump was “over the line.” Musk also said Tesla expects to launch its long-awaited robotaxi service on June 22, which sparked renewed interest in […]
U.S stock futures fall prior to CPI release; trade news closely monitored
U.S. stock index futures edged lower early Wednesday as investors reacted cautiously to a proposed U.S.-China trade framework and awaited key inflation data. As of 05:40 ET (09:40 GMT), Dow Jones futures were down 50 points, or 0.1%, while S&P 500 futures slipped 7 points, or 0.1%, and Nasdaq 100 futures declined 35 points, or […]
Dollar declines ahead of CPI release; pound sterling looks to public spending review
The U.S. dollar edged lower on Wednesday, as traders awaited more clarity from ongoing trade negotiations between the U.S. and China and looked ahead to the release of crucial inflation figures. As of 04:35 ET (08:35 GMT), the Dollar Index — which measures the greenback against six major currencies — slipped 0.1% to 99.032. Trade […]
Daily Technical Analysis EUR/USD: Flat as Traders Await U.S. CPI and U.S.–China Trade Developments
The EUR/USD pair remains stable during Tuesday’s session, trading around 1.1423, as markets await updates from U.S.–China trade discussions in London and the upcoming release of U.S. inflation data. Markets Monitor U.S.–China Talks and Economic Data Talks between Washington and Beijing entered their second day, with U.S. President Joe Biden calling them “productive.” However, investor […]
U.S. Stock Futures Fall as Ongoing U.S.–China Trade Talks Worry Investors
U.S. stock index futures saw a slight dip on Tuesday as investors closely watched the ongoing trade negotiations between the U.S. and China in London. Around 5:20 AM ET (9:20 GMT), Dow Jones Futures fell 75 points (0.2%), S&P 500 Futures slipped 7 points (0.1%), and Nasdaq 100 Futures dropped 28 points (0.1%). These moves […]
Dollar Appreciates on Optimism in Trade Negotiations, Pound Sterling Hit by Weak Employment Data
The U.S. dollar gained ground on Tuesday, driven by optimism that trade tensions between the United States and China—the world’s two largest economies—might be easing. Trade talks, which began in London, entered their second day as both delegations aimed to resolve a dispute that has expanded beyond tariffs to include restrictions on rare earth minerals. […]