The Bitcoin price lost ground slightly on Wednesday, continuing recent weakness amid fears over the health of the economy around […]
Dollar stable, pound rises on UK inflation data
The U.S. dollar stabilized on Wednesday after overnight losses, while sterling was able to advance after inflation in the U.K. […]
Inflation impacts retail sales in May: only 0.1% growth
Retail sales indicated a weaker-than-expected performance in May as retailers continue to grapple with persistently high levels of inflation. Sales […]
Tether introduces aUSDT, its new overcollateralized synthetic asset backed by gold
Tether, the stablecoin issuer, introduced a new product that is backed by tokenized gold. In a statement on Monday, the […]
U.S. stocks advance ahead of retail sales release
U.S. stocks were trading slightly higher on Tuesday ahead of the release of key retail sales data, a major driver […]
Dollar rises ahead of retail sales and Fed speeches
The U.S. dollar rose on Tuesday in anticipation of retail sales data along with speeches from the Federal Reserve, as […]
U.S. stock markets rise in anticipation of Fed interest rate decision and CPI data
U.S. stocks rose on Wednesday, supported by stronger-than-expected May inflation data before the end of the Federal Reserve’s latest policy […]
Dollar retreats before Fed meeting and CPI data
The U.S. dollar retreated on Wednesday after hitting a four-week high in overnight trading ahead of the conclusion of the […]
Cryptocurrencies fall on concerns over U.S. inflation data
The cryptocurrency market has been seeing significant volatility as the Federal Reserve prepares to release updated economic projections this week. […]
U.S. stocks down; Fed meeting and CPI in focus
U.S. stocks declined on Tuesday amid caution ahead of the start of the Federal Reserve’s latest meeting and the release […]