Investors pare yen gains as Iranian officials temper optimism over a US-Iran agreement, keeping intervention risks elevated. The Japanese yen erased earlier gains against the US dollar on Friday, with USD/JPY climbing back above 160.00. The pair’s rebound follows mixed sig
Iran’s proposed memorandum demands US sanctions relief and blockade removal, terms Washington has already rejected, dimming deal prospects. A draft memorandum of understanding between the US and Iran remains unfinalized, with Iran insisting on sanctions relief, frozen fund
Bitcoin's weekly Relative Strength Index remains below a key threshold that historically marks the end of bear markets. Bitcoin’s weekly Relative Strength Index (RSI) has not crossed a critical level that has consistently indicated the transition from bear to bull markets
The ECB reports a 2.62% decline in EU bank offices and a 0.8% drop in employees by year-end 2025 amid ongoing consolidation. The number of bank branches in the European Union declined by 2.62% in 2025, continuing a multi-year trend of consolidation. The ECB’s latest struct
BTC's weekly relative strength index remains under 41.5, a historical threshold separating bull and bear regimes, per data analytics. Bitcoin’s weekly relative strength index (RSI) has failed to breach the 41.5 level, a critical marker historically distinguishing bullish a
The Hong Kong jewelry retailer reported a 50% year-over-year surge in net profit, driven by higher gold prices and strong demand in China. Chow Tai Fook shares climbed 15% after the company reported a record $1.15 billion net profit for the financial year ending March, up
OpenAI opens Spanish office to support growing demand OpenAI is set to open its first Spanish office in Madrid during the latter half of 2026. The new office will help support growing demand for ChatGPT in one of its fastest-growing European markets. The Madrid of
The currency pair extends gains near 0.7960, supported by technical indicators signaling continued upward momentum. USD/CHF trades at 0.7960 in European hours, recovering from earlier losses and maintaining a bullish bias. The pair remains within an ascending channel, supp
ECB policymaker highlights data-dependent approach as inflation forecasts and energy volatility drive rate expectations. The European Central Bank’s current interest rate level offers sufficient flexibility to address the Middle East-driven energy shock, according to a top
US equities rally sharply as easing inflation fears and lower rate hike expectations boost risk assets across sectors. The S&P 500 climbed 1.75%, marking its largest gain in two months, driven by declining oil prices and reduced Federal Reserve tightening expectations. Tec
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