The Euro rises to 0.8630 against the Pound as ECB officials signal a potential June interest rate hike. The Euro climbed to 0.8630 against the British Pound in early European trading on Tuesday. The move follows hawkish signals from the European Central Bank, suggesting a
US Dollar stabilizes against peers despite rising tensions The US Dollar has maintained its resilience against other major currencies, despite escalating tensions in the Strait of Hormuz. The US economic calendar is set to feature key data releases, including the C
Markets price only a 15% chance of a hike as New Zealand’s central bank adopts a cautious stance on inflation and geopolitical risks. The Reserve Bank of New Zealand is set to keep its policy rate unchanged at its meeting tomorrow, reflecting contained core inflation and a
Scammers exploited Google Ads to siphon $1.27 million in crypto, targeting users with cloned DeFi platforms over recent weeks. Scammers extracted $400,000 through fake Uniswap ads on Google, with two flagged addresses holding 146 ETH worth $306,000 at current prices. The a
UOB analysts see EUR/USD trading in a tight range, with modest upward potential but no sustained break above key resistance levels. EUR/USD remains in a neutral stance after a sharp opening rise, with UOB analysts noting only modest upward momentum. The pair edged to a hig
Brent crude reaches 98.1 USD/bbl amid US-Iran conflict US strikes on Iranian missile launch sites and mine-laying boats have pushed Brent crude to 98.1 USD/bbl. The price action is linked to fragile ceasefire dynamics and evolving US-Iran negotiations. The US con
On-chain analysts report scammers stole at least $400,000 via fraudulent Google ads impersonating the decentralized exchange. Scammers have stolen at least $400,000 from cryptocurrency users through fake Google ads mimicking Uniswap. The fraudulent ads direct victims to ph
Digital dollar substitutes now hold more value than the foreign currency reserves of most countries, including developed economies. The total market value of stablecoins has reached a record $322 billion, surpassing the foreign exchange reserves of 95 countries. This inclu
Safe-haven demand lifts the USD as geopolitical risks escalate following new US military actions against Iran. The EUR/USD pair dropped to 1.1630 in early European trading on Tuesday, extending losses below 1.1650. The decline follows renewed US-Iran tensions after recent
AUD falls to 113.85 against JPY The Australian Dollar has lost ground against the Japanese Yen. The decline is attributed to a weaker labor market and Middle East uncertainty. The AUD/JPY cross has lost momentum, trading near 113.85 during the early Europea
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