XRP price has come under intense pressure in the past few months as any signs of recovery met substantial resistance. Ripple token dropped to $2.46, down sharply from the year-to-date high. So, what next for the token as a death cross nears? XRP Price Technical Analysis as a Death Cross nears The daily timeframe chart […]
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The crypto market remained on edge today as investors remained on the sidelines after the hawkish Federal Reserve interest rate decision on Wednesday. Bitcoin was trading at $110,000, the market capitalization of all tokens dropped to $3.7 trillion. This article conducts a forecast on some of the most actively traded tokens like Shiba Inu (SHIB), […]
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A product tanker flying the Maltese flag was boarded by pirates off the coast of Somalia, according to a Reuters report on Thursday. The vessel’s manager confirmed that the 24 crew members are reported to be safe. Recent attacks by armed assailants on vessels have heightened concerns regarding shipping lanes in this region, which is […]
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Wall Street indices dipped modestly on Thursday as investors monitored the soaring valuations in artificial intelligence stocks alongside the Supreme Court’s hearing on the legality of Trump-era tariffs. The S&P 500 slipped 0.2%, the Nasdaq Composite dropped 0.3%, while the Dow Jones Industrial Average traded near unchanged. The market’s rebound from yesterday’s jitters was supported […]
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Warner Bros. Discovery Inc. shares gained slightly on Thursday after the entertainment conglomerate reported another quarterly loss, pressured by sharp declines in its traditional television business despite solid performances from its film studios and streaming units. The results underscored the company’s continued struggle to balance its legacy operations with its push into digital streaming amid […]
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The Nigerian naira has staged a strong comeback this year, helped by the substantial demand for it bonds, falling US dollar, and supportive technicals. The USD/NGN exchange rate was trading at 1,487 on Thursday, down from the year-to-date high of 1,609. The Nigerian naira has surged amid carry trade bets One reason why the Nigerian […]
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The EUR/USD exchange rate wavered on Friday as investors reflected on the final estimate of the US GDP data and a new report on European inflation by the European Central Bank (ECB). It was trading at 1.1680, down by 2% from the year-to-date high. US PCE inflation data ahead The EUR/USD pair wavered after a […]
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The Argentine peso has surged in the past few days as investors focus on the rumored bailout by the Donald Trump administration. The USD/ARS exchange rate plunged to a low of 1,305 on Friday, down by over 11% from its highest level this year. So, will the peso maintain its strong growth? Why the Argentine […]
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US stocks rose on Thursday as Big Tech gains offset concerns over trade tensions and the ongoing government shutdown. The S&P 500 climbed 0.3%, the Nasdaq Composite advanced 0.5%, and the Dow Jones Industrial Average gained 110 points, or 0.3%. Tech stocks led the rally. Nvidia shares rose 1.2%, while Broadcom jumped 2% after Taiwan […]
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The Dow Jones Industrial Average was essentially flat on Friday as traders sought to move past credit concerns that triggered a sharp sell-off in regional banks on Thursday. The index traded 14 points higher, or less than 0.1%, while the S&P 500 shed 0.2% and the Nasdaq Composite fell 0.4%. Stocks that led Thursday’s banking […]
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