Revolut to delist USDT on August 31 Revolut will stop supporting USDT on August 31. Users can purchase USDT until July 6. New USDT deposits will not be accepted after July 30. Users can sell or withdraw USDT until August 31. After August 31, remaining USDT ba
NZD/USD gains 0.22% against the Greenback The Kiwi Dollar has cleared the 0.5700 figure, clinging to gains of over 0.22% against the USD. The NZD/USD remains technically bearish, despite interest rate probabilities suggesting the Reserve Bank of New Zealand could r
Commerzbank expects the pair to trade in a 1.28-1.30 range as Q2 GDP growth may surpass Q1’s 6% expansion. USD/SGD has retreated slightly to 1.2930 but remains near this year’s peak, supported by robust Singapore manufacturing and electronics PMIs. The pair is expected to
Stronger-than-expected June PMI data reduces urgency for monetary easing as USD/CNY falls below its 50-day moving average. China’s official manufacturing PMI rose to 50.3 in June from 50.0, exceeding expectations, while non-manufacturing PMI climbed to 50.2 from 50.1. The
Thin US holiday trading sees the pair stabilize as traders reassess Fed rate cut bets following weaker US jobs data. The USD/JPY pair climbed to 161.30 on Friday, recovering from a two-week low of 160.49 hit earlier in the session. Light volume due to the US Independence D
USD/CHF heads for its first weekly loss in five weeks as weaker-than-expected US Nonfarm Payrolls (NFP) data released on Thursday weighed on the US Dollar (USD). The pair rebounds on Friday as the Greenback stabilizes, with traders reassessing the Federal Reserve's (Fed) i
Traders reassess rate hike timelines after weak US jobs data and softer Eurozone inflation figures. EUR/USD trades around 1.1438, recovering from a two-week losing streak as the USD stabilizes post-jobs report. The pair hit an intraday high of 1.1462 but failed to extend g
AI debt poses bigger risk to stability than Wall Street valuations The International Monetary Fund expresses concern about corporate borrowing in the tech sector. Tech companies are leveraging up to invest in AI equipment like data centers and chips. A matu
Investors reduce expectations for a September Federal Reserve rate increase, lifting the British Pound against the US Dollar. The British Pound held steady near 1.3350 against the US Dollar on Friday, capping a weekly gain of over 1% as doubts grow over a Federal Reserve i
Investors shift Fed rate hike expectations to October after weaker US jobs data and downward revisions for April and May. The British Pound held near 1.3350 against the US Dollar on Friday, capping a weekly gain of over 1% as doubts grow over a Federal Reserve rate hike in
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