GBP/USD at 1.2770: Will the 100-day EMA Hold as Support?
Key Insights GBP weakens due to risk aversion from Middle East tensions and US economic slowdown fears BoE’s cautious stance…
Gold at $2,410: Will a 74% Chance of 50bps Fed Cut Spark a Rally?
Key Insights Gold price remains defensive despite Middle East tensions and dovish Fed expectations due to ‘sell everything’ market sentiment…
Robinhood Suspends 24-Hour Trading Amid Market Turmoil
Key Insights Robinhood suspends 24-hour overnight trading service due to market volatility U.S. stock indices and cryptocurrencies experience significant losses…
USD Index Drops 2.5%: Is a 50bps Fed Cut Coming in September?
Key Insights USD weakening due to Japanese market crash, falling yields, and weak US economic data ISM data release could…
Bitcoin’s 20% Plunge “Not Its Fault,” Says Bernstein Analysts
Key Insights Cryptocurrency market sees sharp decline, with Bitcoin falling nearly 20% and Ether losing all 2024 gains. Bernstein analysts…
U.S. Stock Futures Plummet 3-4.7% as Recession Fears Trigger Massive Sell-Off
Key Insights Global markets plummet with U.S. stock futures down 3-4.7% and Japan’s Nikkei 225 crashing 12.4%, its worst day…
Crypto Market Plunges $270 Billion as Global Equities Tumble
Key Insights Cryptocurrency market loses $270 billion in value, with Bitcoin falling 11% to $54,000 and Ethereum’s Ether dropping 21%.…
Asian Markets Plunge as Japan’s Nikkei Erases 2024 Gains
Key Insights Asian markets plummet, with Japan’s Nikkei 225 erasing all 2024 gains and falling 12.40%. South Korean exchanges hit…
Bybit Exits French Market Amid Tightening Crypto Regulations
Key Insights Bybit cryptocurrency exchange to cease operations in France from August 2 French users barred from new purchases and…
Japan Spends $36.8 Billion to Defend Yen as BOJ Raises Rates
Key Insights Japan spent 5.53 trillion yen ($36.8 billion) in July to support the weakening yen, marking its largest intervention…