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Yen rebounds after Bank of Japan rate hike
Yen rebounds after Bank of Japan rate hike
Jun 16, 2026
The Japanese yen strengthened against a basket of major and minor currencies in Asian trading on Tuesday, putting it on track for its first gain in three sessions against the US dollar after the Bank of Japan raised interest rates to their highest level in 31 years, marking another milestone in the country's monetary policy normalization process. The decision was...
Dollar remains near a 10-day low while the yen stays under pressure after the Bank of Japan's rate hike
Dollar remains near a 10-day low while the yen stays under pressure after the Bank of Japan's rate hike
Jun 16, 2026
The US dollar held near its lowest level in ten days on Tuesday as risk appetite improved following the announcement of a preliminary agreement to end the conflict between the United States and Iran. Meanwhile, the Japanese yen remained close to the key psychological level of 160 per dollar after the Bank of Japan raised interest rates as widely expected....
Euro retreats from two-week high amid profit-taking
Euro retreats from two-week high amid profit-taking
Jun 16, 2026
The euro weakened against a basket of major global currencies in European trading on Tuesday, pulling back from a two-week high against the US dollar as traders engaged in profit-taking and corrective selling, while the US currency recovered ahead of the Federal Reserve's policy meeting. With the European Central Bank maintaining a data-dependent approach and avoiding any commitment to a...
Canadian dollar gains on preliminary US-Iran agreement as risk appetite improves
Canadian dollar gains on preliminary US-Iran agreement as risk appetite improves
Jun 15, 2026
The Canadian dollar strengthened against its US counterpart on Monday as a preliminary peace agreement between the United States and Iran boosted global investor sentiment. However, gains remained limited ahead of this week's Federal Reserve interest rate decision. The Canadian dollar, commonly known as the loonie, rose 0.1% to C$1.3980 per US dollar, or 71.53 US cents, after trading within...
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Crude oil price touches the target – Forecast today - 20-06-2024
Crude oil price touches the target – Forecast today - 20-06-2024
Jun 19, 2024
Crude Oil Price Analysis Expected Scenario Crude oil price managed to touch the 81.50$ level and encountered solid resistance, showing slight bearish bias by moving below the 81.00$ barrier. Waiting for a positive motive that could assist in pushing the price to resume the bullish wave within the bullish channel visible on the chart, aiming to achieve additional gains up...
Gold price tests the resistance – Forecast today - 20-06-2024
Gold price tests the resistance – Forecast today - 20-06-2024
Jun 19, 2024
Gold Price Analysis Expected Scenario Gold price is testing the key resistance 2340.10$ and keeps its stability below it until now, to keep the bearish trend scenario active on the intraday basis, waiting to visit 38.2% Fibonacci correction level at 2272.06$. The price needs to break 2324.00$ to ease the mission of heading towards the suggested target, noting that breaching...
Silver price begins with strong positivity - Forecast today - 20-06-2024
Silver price begins with strong positivity - Forecast today - 20-06-2024
Jun 19, 2024
Silver Price Analysis Expected Scenario Silver price opened today with a strong rise to breach 30.06$ and attempts to hold above it, hinting at an attempt to build a bullish wave and recover in the upcoming sessions. We prefer to stay aside until the price confirms its situation according to the mentioned level to confirm the next destination clearly. Stochastic...
Brent oil price gathers the positive momentum – Forecast today - 20-06-2024
Brent oil price gathers the positive momentum – Forecast today - 20-06-2024
Jun 19, 2024
Brent Oil Price Analysis Expected Scenario Brent oil price shows some bearish bias approaching to test the key support base at 84.77$. Stochastic is moving out of its negative momentum towards oversold areas, waiting for a positive trigger to resume the expected bullish trend for the upcoming period. Main targets for the bullish trend are 85.80$ followed by 87.67$ levels....
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Soccer-Amorim praises United's fightback in Spurs League Cup loss
Soccer-Amorim praises United's fightback in Spurs League Cup loss
Dec 19, 2024
Dec 20 (Reuters) - Manager Ruben Amorim took heart from Manchester United's ( MANU ) fightback in Thursday's 4-3 loss at Tottenham Hotspur in the League Cup quarter-finals, but said his side was undone by a more clinical performance from the hosts. United went 3-0 down shortly after the break, but scored twice within seven minutes to bring the game...
Oil falls on demand growth concerns, robust dollar
Oil falls on demand growth concerns, robust dollar
Dec 19, 2024
SINGAPORE (Reuters) -Oil prices fell on Friday on worries about demand growth in 2025, especially in top crude importer China, putting global oil benchmarks on track to end the week down nearly 3%. Brent crude futures fell by 41 cents, or 0.56%, to $72.47 a barrel by 0420 GMT. U.S. West Texas Intermediate crude futures fell 39 cents, or 0.56%,...
AI data centres to bolster renewable energy demand even under Trump, says MUFG Americas CEO
AI data centres to bolster renewable energy demand even under Trump, says MUFG Americas CEO
Dec 19, 2024
TOKYO (Reuters) - The broad shift towards renewable energy in the U.S. will continue even under the incoming administration of Donald Trump, said the head of the Americas arm of Japan's largest banking group, Mitsubishi UFJ Financial Group ( MUFG ). President-elect Trump's anti-renewables rhetoric has not prompted a change in strategy, MUFG Americas chief executive officer Kevin Cronin told...
EU deal and Trump tariff threats bolster Mercosur trade talks
EU deal and Trump tariff threats bolster Mercosur trade talks
Dec 19, 2024
BRASILIA (Reuters) - Brazil expects the South American trade bloc Mercosur to speed up more free trade negotiations after clinching a deal with the European Union, as the threat of U.S. tariffs forces countries to diversify their options for exports, diplomats say. Topping the list of Mercosur's most likely new trade pacts next year are deals with the European Free...
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Litecoin Outpaces Dogecoin and Cardano in This Important Metric
Litecoin Outpaces Dogecoin and Cardano in This Important Metric
Dec 10, 2024
A sharp market drop on Tuesday led to one of the worst days in recent months for major tokens and midcaps. The decline came after Google revealed it was conducting benchmark tests on its new Willow quantum computing chip, raising concerns over the impact on crypto privacy and wallet security in the market. Litecoin was no exception, plunging over 8%,...
Meme Coin Bloodbath: BONK, FLOKI, WIF, SHIB, and DOGE Crash by Double Digits
Meme Coin Bloodbath: BONK, FLOKI, WIF, SHIB, and DOGE Crash by Double Digits
Dec 10, 2024
The cryptocurrency market is in retreat once again, with bitcoin dumping below $95,000 for the second time since Monday evening. While many altcoins are also deep in the red, the ever-volatile meme coin sector has produced some of the most violent corrections. Although there are many success stories of small-time investors turning thousands of dollars into hundreds of thousands or...
Bitcoin’s Price: Retail Panic Selling Meets Aggressive Institutional Buying on Coinbase
Bitcoin’s Price: Retail Panic Selling Meets Aggressive Institutional Buying on Coinbase
Dec 10, 2024
Bitcoin’s price decline, triggered by a selling spree in the crypto market, hasnt dampened institutional interest. CryptoQuants latest insights show the Coinbase Premium climbing, reflecting robust US investor activity during this volatile phase. Coinbase Premium Jumps The Coinbase Premium, a metric that tracks the percentage difference between Bitcoins price on Coinbase Pro and Binance, has surged following a sharp decline...
How a Small $3K Investment in Pepe Netted Crypto Trader $73M: Data
How a Small $3K Investment in Pepe Netted Crypto Trader $73M: Data
Dec 10, 2024
A savvy crypto investor has reportedly turned a modest $3,000 investment in the popular frog-themed Pepe (PEPE) meme coin into a $73 million profit. According to Lookonchain, who first revealed the feat in a December 10 post on X, the unidentified trader first bought 4.1 trillion Pepe tokens on April 15, 2023. Strategic Sales Amid Market Highs Per on-chain data,...
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