The week of June 2–6 could bring significant volatility to global markets, with attention centered on key U.S. data releases and multiple central bank decisions. In the U.S., ISM PMIs and the nonfarm payrolls report will shape expectations around Fed policy, especially if wage growth and hiring remain strong. Meanwhile, the ECB is widely expected […]
The U.S. dollar dropped sharply on Monday, starting the week under pressure as escalating trade tensions fueled concerns over a potential economic slowdown. By 03:00 ET (08:00 GMT), the Dollar Index — which measures the greenback against a basket of six major currencies — fell 0.6% to 98.630, hovering near its April 22 low. Dollar […]
EUR/USD is rebounding from its previous session’s losses, trading around 1.1370 during Monday’s session. The pair gains ground as the U.S. Dollar struggles following legal developments surrounding former President Donald Trump’s trade policies. On Thursday, the U.S. Court of Appeals ruled in favor of allowing Trump’s tariffs to proceed, temporarily supporting the executive’s trade stance. […]
An ETF (Exchange-Traded Fund) is a type of financial instrument that allows investors to acquire a stake in a fund that replicates the performance of an asset or group of assets. In the case of Bitcoin ETFs, this asset is the cryptocurrency Bitcoin (BTC). This type of product is traded on traditional exchanges, which means […]
Ripple has formally argued to the U.S. Securities and Exchange Commission (SEC) that fungible cryptocurrencies, when traded in secondary markets, should not be considered securities. In a letter dated May 27, Ripple—the blockchain firm behind XRP—cited legal scholar Lewis Cohen’s influential 2022 paper “The Inescapable Modality of Securities Law,” which asserts there is no legal […]
The U.S. dollar inched slightly higher on Wednesday, buoyed by stronger-than-expected economic data, though lingering uncertainty around trade policies and the growing federal deficit limited further upside. As of 06:45 ET (10:45 GMT), the U.S. Dollar Index—which measures the greenback against six major currencies—rose 0.1% to 99.500. However, it remains down 8% year-to-date as investors […]
The EUR/USD pair continues its decline, slipping below the 1.1400 level for the second consecutive session, pressured by a rebound in the US Dollar (USD) and soft inflation data from France. As of Tuesday, the pair trades at 1.1335, down over 0.40%. Rebounding Dollar Gains From Strong Confidence Data A recovery in risk sentiment followed […]
The U.S. dollar edged higher on Tuesday, buoyed slightly as traders returned from long weekends in the U.K. and U.S. However, lingering uncertainty over the Trump administration’s trade policies and a major tax-and-spending bill moving through Congress continued to weigh on sentiment. As of 05:40 ET (09:40 GMT), the U.S. Dollar Index—which measures the greenback […]
The week of May 26–30 is shaping up to be crucial for global markets, with a spotlight on U.S. economic indicators and fiscal uncertainty. Investors will closely monitor the Fed minutes and core PCE inflation data for hints on future policy, while concerns over U.S. debt following Moody’s downgrade and a contentious budget bill weigh […]
On Sunday, May 25, U.S. President Donald Trump announced a delay in his proposed 50% tariffs on European Union imports, extending the deadline to July 9, 2025. The decision, shared via Trump’s Truth Social account, followed a call with European Commission President Ursula von der Leyen, who emphasized the importance of maintaining strong trade ties […]
