Spot Bitcoin ETFs record fifth week of outflows Spot Bitcoin ETFs experienced $316 million in net outflows from June 8 to June 12. This marks the fifth consecutive week of outflows for these funds. In the same period, spot Ethereum ETFs saw $14.91 million i
The preliminary agreement between Washington and Tehran triggers a dip in the dollar amid thin market liquidity. A ceasefire memorandum of understanding between the US and Iran has weighed on the USD in early Asia trading, with the greenback marked lower in thin volume. Th
Pair attempts to close above major bearish trend line The EUR/USD pair is trying to break through a major bearish trend line with resistance. The pair traded above the 50% Fib retracement level of the downward move from the 1.1685 swing high to the 1.1499 swing low
Markets price a 27% chance of a December Fed rate hike after Washington and Tehran agree to end hostilities, easing inflation fears. The US Dollar Index (DXY) fell to 99.50 in early Asian trading Monday as safe-haven demand waned following a US-Iran agreement to end their
XAG/USD rises 4% after a US-Iran peace deal eases Middle East tensions, reducing oil prices and inflation fears. Silver prices surged 4% to near $70.80 in Asian trading on Monday after the US and Iran reached a peace deal, reopening the Strait of Hormuz. The move triggered
Nearly 75% of crypto service providers risk losing EU market access as the MiCA transition period expires on July 1. The European Union’s Markets in Crypto-Assets (MiCA) regulation will enforce full compliance on July 1, requiring crypto exchanges, brokers, and wallet prov
BOJ to hike rate to 1% despite Iran peace deal The central bank is expected to raise its policy rate to 1% on Tuesday, a 31-year high. The move is largely anticipated and represents a significant JPY catalyst. The Iran peace deal may reduce pressure for faster hi
The New Zealand Dollar recovers from minor losses, supported by easing global risk aversion during Asian trading. The NZD/USD pair climbed to around 0.5850 in early Asian trading on Monday, reversing slight declines from the previous session. The New Zealand Dollar strengt
Local governments introduce record housing subsidies and provident fund changes to counter market downturn without central stimulus. Chinese municipalities have rolled out more than 470 property support measures this year, with over 250 targeting provident fund adjustments
USD/JPY pair trades near 160.20 on US-Iran deal The USD/JPY pair is trading on a flat note near 160.20 during Asian trading hours. The US Dollar has softened against the Japanese Yen following reports of a US-Iran peace deal. The BoJ rate hike expectations also i