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US dollar extends losses to five-week trough on US debt concerns
US dollar extends losses to five-week trough on US debt concerns
May 26, 2025
The US dollar fell in European trade on Monday against a basket of major rivals, hitting a five-week trough amid concerns about the US debt levels. Now investors await important remarks by several Fed officials as they look for more clues on the odds of multiple Fed rate cuts this year. The Index The dollar index fell 0.4% to 98.69,...
Euro hovers near four-week high after Lagarde's remarks
Euro hovers near four-week high after Lagarde's remarks
May 27, 2025
The euro rose in European trade on Tuesday on track for the third straight session against the US dollar, and about to hit a four-week high amid concerns about US financial stability. Recent bullish remarks by European Central Bank President Christine Lagarde provided more positive momentum for the euro, and underscored investor confidence in the EU. The Price The EUR/USD...
Japanese yen expands gains to four-week high in a strong start
Japanese yen expands gains to four-week high in a strong start
May 26, 2025
The Japanese yen rose in Asian trade on Monday against a basket of major rivals, expanding gains for the second straight session against the dollar and hitting a four-week high on haven demand amid concerns about US debt levels following Trumps tax reform bill. The gains are boosted as well by increasing inflationary pressures on Bank of Japans policymakers, which...
Yen rushes to four-week high on strong demand
Yen rushes to four-week high on strong demand
May 27, 2025
The Japanese yen rose in Asian trade on Tuesday against a basket of major rivals, resuming gains against the dollar after a short hiatus and hitting a four-week high on strong haven demand amid concerns about US debt levels. Gains are also bolstered by the increasing odds of a Japanese interest rate hike in June in response to mounting inflationary...
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Analyst Forecasts BTC Short
Analyst Forecasts BTC Short
May 26, 2025
Bitcoin’s current rally may only be warming up, with market watchers predicting a potential surge to $162,000 by mid-June, largely driven by short-term holders approaching a critical profit threshold. According to Axel Adler Jr., Bitcoin’s Net Unrealized Profit/Loss (NUPL) for those who’ve held the cryptocurrency for a maximum of three months sits at 27%. The Short-Term Holder Catalyst In a...
Bitcoin (BTC) Brushes Off Geopolitical Jitters: Here Is the Next Target in Sight
Bitcoin (BTC) Brushes Off Geopolitical Jitters: Here Is the Next Target in Sight
May 26, 2025
Bitcoin clawed back losses on Monday, rising to nearly $110,000 after US President Donald Trumps unexpected EU tariff announcement rattled markets over the weekend. A key technical pattern has now emerged, which could potentially hint at the next major move in the cryptocurrencys ongoing price trend. Bitcoins Double Bottom Formation Bitcoin may be on track to reach $112,000 following the...
Bitcoin Has Made Getting Rich So Easy, Says Robert Kiyosaki
Bitcoin Has Made Getting Rich So Easy, Says Robert Kiyosaki
May 26, 2025
In a world where capitalists dominate most economies, people are constantly searching for ways to accumulate wealth. Bitcoin presents an easy path for this, according to finance guru and entrepreneur Robert Kiyosaki. The Rich Dad, Poor Dad author believes bitcoin (BTC) has made it so easy for anyone to get rich and insists more people should be buying the digital...
Interesting Ethereum (ETH) Price Predictions as of Late
Interesting Ethereum (ETH) Price Predictions as of Late
May 26, 2025
TL;DR Numerous analysts foresee ETH gearing up for a significant move, setting price targets above $3,000. Spot ETH ETFs have attracted steady inflows, indicating strong investor sentiment. At the same time, increasing exchange netflows hint at possible short-term selling pressure. Whats Next? The price of Ethereum has risen over 40% in the past month, currently trading just north of $2,550....
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