The U.S. dollar retreated on Wednesday as markets reacted to ongoing geopolitical tensions in the Middle East, signs of a slowing U.S. economy, and the conclusion of the Federal Reserve’s policy meeting. By 04:35 ET (08:35 GMT), the U.S. Dollar Index — which measures the greenback against a basket of six major currencies — was […]
Daily Technical Analysis EUR/USD: Drops Below 1.15 Amid Trump’s Iran Threats and Dollar Rally
The EUR/USD currency pair declined sharply by more than 0.60%, currently trading at 1.1484 after retreating from daily highs of 1.1579. The US Dollar’s strength stems from its appeal as a safe-haven asset during periods of geopolitical uncertainty, particularly as tensions in the Middle East between Israel and Iran continue to escalate. Market Drivers The […]
Thailand Approves Crypto Tax Exemption to Boost Innovation and Investment
Thailand’s cabinet has approved new tax measures that exempt personal income tax on capital gains from the sale of digital assets conducted through platforms regulated by the Securities and Exchange Commission (SEC). The exemption will be in effect from January 1, 2025, through December 31, 2030. Announced by Deputy Finance Minister Chulaphan Amornvivat on X, […]
Dollar Rises Modestly in Advance of Fed Meeting, Bank of Japan Keeps Monetary Policy Intact
The U.S. dollar edged higher early Tuesday as fragile risk sentiment continued to dominate markets amid sustained tensions between Israel and Iran. However, gains remained limited ahead of the Federal Reserve’s highly anticipated policy decision. As of 04:10 ET (08:10 GMT), the U.S. Dollar Index—tracking the greenback against a basket of six major currencies—was up […]
Outlook for the Week of June 16–20
The week of June 16–20 could be pivotal for global markets as central banks take center stage. In the U.S., the Federal Reserve is expected to hold rates steady, but all eyes will be on Powell’s tone and the updated dot plot for clues on future cuts. In Europe, the Bank of England may strike […]
Charles Hoskinson Proposes Converting $100M in ADA to Bitcoin and Stablecoins to Boost Cardano DeFi
Charles Hoskinson, co-founder of Cardano, has proposed converting $100 million worth of ADA from the project’s treasury into a mix of stablecoins and Bitcoin to enhance liquidity and accelerate the growth of Cardano’s decentralized finance (DeFi) ecosystem. In a recent YouTube livestream, Hoskinson highlighted the network’s current imbalance between stablecoin supply and total value locked […]
Dollar Falls Before the Fed Meeting; the Euro Gains Momentum
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 […]








