White House Signals Imminent Strategic Bitcoin Reserve Update Patrick Witt, executive director of the White House President’s Council of Advisors for Digital Assets, said a formal update on the U.S. Strategic Bitcoin Reserve is nearing release, citing a “breakthrough” on t
Viavi Solutions (VIAV) announced a public offering of 11.11M shares of its common stock at $45.00 per share, aiming for gross proceeds of about $500M. The offering is set to close on May 21, 2026, pending usual closing conditions VIAVI Viavi Solutions (VIAV) announc
NATO signals readiness to protect Strait of Hormuz shipping lanes if disruptions from US-Iran standoff continue into early next month. NATO has indicated it could intervene to secure shipping routes in the Strait of Hormuz if disruptions persist into early next month. The
Oil price decline affects CAD The Canadian Dollar is facing challenges due to a decline in oil prices. The USD/CAD pair has appreciated, trading around 1.3760 during Asian hours on Wednesday. This marks the second successive day of the pair remaining stronge
Weaker oil prices weigh on the Canadian Dollar, lifting USD/CAD to 1.3760 amid softer inflation data and geopolitical tensions. USD/CAD climbed to 1.3760 in Asian trading, extending gains for a second day as the Canadian Dollar weakened. The decline in oil prices, with WTI
PBOC holds benchmark rates at record lows The People's Bank of China has maintained its benchmark lending rates at record lows for the 12th consecutive month. This decision aligns with market expectations as policymakers strive to balance domestic growth against es
USD/INR trades near 97.00 as rising oil costs and U.S. bond yields pressure the currency amid geopolitical tensions. The Indian Rupee (INR) extended losses against the US Dollar (USD) on Wednesday, nearing its all-time low. The USD/INR pair held gains around 97.00, driven
Elevated crude prices and rising US Treasury yields push USD/INR to fresh lows amid geopolitical tensions in the Middle East. The Indian Rupee (INR) extended losses against the US Dollar (USD) on Wednesday, nearing an all-time low of 97.00. Persistent pressure stems from s
XAU/USD trades near $4,470 as hawkish Fed expectations and US-Iran tensions lift the USD to six-week highs. Gold prices linger near their lowest levels since late March, trading around $4,470 as the US Dollar (USD) extends gains to a six-week peak. The commodity faces pres
A rebound in the Dollar Index pushes the euro lower, while USDJPY eyes a test of 160-161 levels amid bullish sentiment. The Dollar Index climbed above 99.00, extending its rebound and weighing on the euro, which dropped below 1.16. The move reflects renewed strength in the
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