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Australian Dollar holds steady amid soft consumer sentiment

AUD/USD remains steady after two days of gains, trading around 0.6970 during Asian hours on Tuesday. The currency pair is hovering in a tight range as the Australian Dollar (AUD) finds support despite local economic hea…

5 min read

Japan Stock Market May See Additional Support

It appears that investors are concerned that the economy could be overheating, potentially leading to a faster tightening of monetary policy by the Federal Reserve. Last week, S&P Global released its latest flash purcha…

40 min read

Euro Weakness and Higher T-Note Yields Boost the Dollar

The US and Japan coordinated on the biggest currency market intervention in 15 years, helping to stabilize a weakening yen. Karen Fishman, senior FX strategist in Goldman Sachs Research, and Praneet Shah, global head of…

26 min read

US Treasury yields scale multi-year highs as inflation fears return

US Treasury yields edged up at the beginning of the week, with the 30- and 10-year yields reaching multi-year highs as inflation expectations rose, as shown in a US Institute for Supply Management (ISM) survey indicatin…

3 min read

The Pound flatlines as Treasury yields climb to another high

The odds of an October Fed hike have fallen from about two in three in late September to roughly one in five, and GBP/USD hasn't left the range it has traded in since September 24. Monday's range is entirely inside Frid…

5 min read

OKX and ICE File to Trade 63 Tokenized NYSE Stocks

OKXICE LLC, a venture formed by cryptocurrency exchange OKX and NYSE parent company ICE, made a filing on October 4 with the US Securities and Exchange Commission (SEC) to launch a tokenized stock trading exchange.

2 min read

Important Binance Announcement Concerning Brazilian Users

Binance has told users in Brazil that from November 1, they must state the purpose of every crypto transfer to or from outside the country and identify who is on the other end. The exchange will report these operations …

3 min read

Peter Schiff Predicts Bitcoin Will Drop If Tech Stocks Pull Back

Peter Schiff has warned that Bitcoin’s recent resilience could make a later reversal more painful for Strategy, arguing that the company has lost the ability to use STRC to raise fresh money for Bitcoin purchases.

2 min read