UOB analysts forecast GBP/USD will trade between 1.3330 and 1.3395 intraday, with broader range limits at 1.3210 and 1.3655 over the next three months. GBP/USD failed to sustain gains above 1.3420, pulling back after a brief rise to 1.3424. Analysts now expect the pair to
Financial advisors and institutions shift focus from Bitcoin to stablecoins and tokenized assets, per industry insights. Traditional financial advisors and institutional investors are increasingly prioritizing stablecoins and tokenization over Bitcoin, according to recent
The European Central Bank is expected to lift its deposit facility rate to 2.25% amid inflation concerns and policy normalization. The European Central Bank is set to increase its key interest rates by 25 basis points at its June meeting, marking its first hike in nearly t
BTC climbs 2.48% to $62,823 as 4.2% YoY U.S. inflation print reduces macroeconomic uncertainty for crypto assets. Bitcoin advanced to $62,823, gaining 2.48% after U.S. inflation data showed a 4.2% year-over-year increase, aligning with expectations and stabilizing investor
The New Zealand Dollar weakens against the USD ahead of US PPI data, pressured by renewed geopolitical risks. The NZD/USD pair fell to 0.5795 in early European trading, extending losses below the 0.5800 mark. The decline comes as investors brace for US Producer Price Index
AUD/USD rises 0.14% near 0.7007 The AUD/USD pair trades 0.14% higher to near 0.7007. The gain comes as the US Dollar ticks lower after the release of softer US Consumer Price Index data. The Aussie pair finds support below the 61.8% Fibo retracement at 0.700
OPEC crude production fell to its lowest level since 2000, driven by voluntary cuts and the UAE's exit from the group. OPEC crude oil production averaged 16.13 million barrels per day in May, the lowest level since 2000. The decline reflects ongoing voluntary output cuts b
Analysts at United Overseas Bank expect the Euro to weaken but forecast 1.1500 will hold as near-term support against the US Dollar. United Overseas Bank analysts maintain a cautious outlook on EUR/USD, anticipating a potential decline but expecting the 1.1500 level to act
Global Compliance Applications seeks to raise up to C$1.9M via 190M shares in a private placement for working capital. Global Compliance Applications (FUAPF) announced a private placement of up to 190 million shares at $0.01 each, targeting gross proceeds of C$1.9 million.
EUR/USD faces expiries at 1.1530 level The EUR/USD pair has a notable FX option expiry at the 1.1530 level. This expiry does not hold significant technical importance, and its impact on price action may be limited. The pair's price movement is currently seeing co
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