Micron’s quarterly revenue surged past estimates, with Q4 guidance exceeding consensus by nearly $7 billion amid strong AI memory demand. Micron reported fiscal Q3 revenue of $41.46 billion, beating the $35.69 billion estimate by $5.7 billion. Adjusted EPS reached $25.11,
Markets brace for US PCE inflation figures at 8:30am EST, seen as key to Fed policy outlook amid rising oil prices. The US Dollar Index (DXY) climbed to 101.60, its highest level in a year, as traders awaited May’s Personal Consumption Expenditures (PCE) Price Index. The F
Scotiabank strategists cite prolonged Fed rate expectations and haven demand as key drivers for the USD's rise toward 102. The US Dollar Index (DXY) is advancing toward 102, supported by a higher-for-longer Federal Reserve policy outlook and mixed global equities. Haven de
Scotiabank strategists Shaun Osborne and Eric Theoret note the Japanese Yen (JPY) is only fractionally weaker versus the Dollar (USD) but is outperforming across G10 crosses, reflecting market caution over potential official intervention. Governor Ueda’s hawkish comments,
The exchange will seek authorization in another EU country by July 1 to comply with MiCA regulations and retain regional operations. Binance has withdrawn its application for a Markets in Crypto-Assets (MiCA) license in Greece, opting to pursue authorization in a different
Daya raises $2.4 million to streamline cross-border payments for African businesses using stablecoin infrastructure. Daya, a stablecoin-based payments platform for African businesses, has raised $2.4 million in pre-seed funding. The round was led by Hivemind Capital, with
BNY’s Geoff Yu highlights that IMM volume is concentrated in commodity currencies, with AUD, NZD and NOK leading recent adjustments. NOK and CAD are seeing outflows linked to Oil sensitivity and modest Norges Bank tightening expectations, while NZD and AUD have underperfor
Silver price falls 4.62% to $58.75 Silver (XAG/USD) has extended its correction, trading around $58.75. The decline comes amid rising expectations of a Fed hike and caution over PCE data. This drop has resulted in a new yearly low, with the price down 4.62%
Silver (XAG/USD) extends its correction on Wednesday and trades around $58.75 at the time of writing, down 4.62% on the day after hitting a fresh low not seen since December 2025. The white metal remains under significant pressure as expectations of a more restrictive mone
Solana (CRYPTO: $SOL) has formed a bearish chart pattern, indicating that more price declines could be in store for the cryptocurrency. Specifically, SOL has formed a negative double-top pattern after failing twice to break above resistance at $75 U.S Analysts say t
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