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 […]
Key Points To Watch Out For: Nvidia (NVDA): Results Under Scrutiny After Chip Ban in China The chip manufacturer is set to report its results on Wednesday after the market closes, in what is expected to be a key moment for tech markets. Nvidia’s stock rose on Tuesday, driven by a pre-announcement buying spree. However, […]
U.S. stock index futures edged slightly lower on Wednesday as investor attention turned toward Nvidia’s highly anticipated earnings report. As of 05:45 ET (09:45 GMT), Dow Jones futures were down 100 points, or 0.2%, while S&P 500 futures slipped 12 points, also 0.2%. Nasdaq 100 futures dropped 50 points, mirroring the 0.2% decline across major […]
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 […]
Key Points To Watch Out For: Tesla (TSLA): Sales Decline, but Stock Rebounds in Premarket Trading esla rose 3% before the market opened, even though new data showed a decline in sales in the European Union for the fourth consecutive month. Competitive pressure from Chinese manufacturers such as BYD has limited growth in that market. […]
U.S. stock index futures jumped early Tuesday after President Donald Trump postponed steep tariffs on European Union goods, easing fears of a transatlantic trade war. As of 06:20 ET (10:20 GMT), Dow Jones Futures were up 565 points (1.4%), S&P 500 Futures climbed 90 points (1.6%), and Nasdaq 100 Futures advanced 365 points (1.8%). Wall […]
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 […]
