USD/CHF reaches 0.8107, a seven-month high The USD/CHF pair extended its gains for the sixth successive day, reaching a seven-month high of 0.8107 during the Asian hours on Wednesday. The pair's rise is attributed to the strengthening of the Greenback on the comple
The pair climbed to 0.8107 amid Middle East uncertainties and ahead of Swiss ZEW Survey and SNB Quarterly Bulletin data. USD/CHF rose to 0.8107, marking its sixth consecutive daily gain and reaching a seven-month high during Asian trading. The advance was driven by a stron
Australia’s trimmed mean inflation trajectory hits 3.8% in Q2, reinforcing Westpac’s hawkish stance amid persistent services and housing costs. Westpac kept its forecast for an August Reserve Bank of Australia rate hike after May CPI data signaled trimmed mean inflation ac
New privacy-focused identity verification aims to reduce exposure of sensitive personal data amid rising breaches. StarkWare introduced a self-custody Know Your Customer system using zero-knowledge proofs to verify identities without exposing full documents. The approach t
Nearly 90% of economists expect another Bank of Japan rate increase by December, with October seen as a potential move amid yen depreciation. The Bank of Japan’s June summary revealed growing internal debate over accelerating rate hikes, with some members advocating increa
Fairshake PAC's $5.5 million investment in Adrian Boafo secures a Democratic nomination for a U.S. House seat amid broader crypto industry political spending. A Democratic state delegate, Adrian Boafo, won Maryland’s primary for a U.S. House seat after receiving $5.5 milli
The US Dollar Index climbs to its highest level since June 2023 amid sustained demand in Asian trading. The US Dollar Index (DXY) extended its rally to a third consecutive session, reaching 101.45, its highest level in 13 months. The move reflects persistent strength in th
US Dollar Index reaches 13-month high near 101.45 The US Dollar Index holds ground for the third consecutive day, trading near a fresh 13-month high of 101.45. The Greenback gains ground on robust domestic economic data and a complex geopolitical landscape. The U
Strategy’s dividend obligations surged to $1.2 billion annually, cutting cash reserves by 38% and reducing dividend coverage to 14 months. CryptoQuant recommended Strategy pause Bitcoin accumulation after its annualized dividend obligations rose from $300 million to $1.2 b
May CPI slows to 4.0% year-on-year, below forecast The May CPI in Australia slowed to 4.0% year-on-year, below the 4.3% forecast. This slowdown was driven by falls in certain categories. The core inflation, however, rose to 3.6%, above estimates. This increase keeps