In the latest explosive chapter of his long-running war with federal regulators, billionaire Elon Musk has moved to dismiss a high-stakes lawsuit from the US Securities and Exchange Commission, painting the agency’s action not as a legitimate enforcement effort, but as a politically motivated attack on one of its most prominent critics. The legal battle […]
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US stocks edged higher on Wednesday as Nvidia clawed back some of its steep losses from the previous session, helping steady the broader market after renewed doubts about the sustainability of the AI trade. The S&P 500 rose 0.2%, the Nasdaq Composite gained 0.3%, and the Dow Jones Industrial Average advanced 102 points, or 0.2%. […]
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Bitcoin is holding around the $101.7K level. BTC’s trading volume has jumped by over 54%. The bear trap has been tightening in the crypto market, with digital assets stuck in the red zone. Significantly, the fear and greed index value is settled at 20, exhibiting the broader fear sentiment on board. The largest asset, Bitcoin […]
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The crypto market remained under pressure last week, with Bitcoin, Ethereum, and Ripple (XRP) dropping by double digits. This decline happened as the total open interest pulled back and as the fear and greed index slipped. This article explores some of the top cryptocurrencies to watch this week, including Avalanche (AVAX), Cronos (CRO), and LayerZero […]
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The Indian rupee remained near its all-time low this week, even as odds of a trade deal between the United States and India rose. The USD/INR pair was trading at 88.70 today, a few points below the record high of 88.87. It has jumped by 5.90% from its lowest level this year. Analysts are bullish […]
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The Swiss franc rebounded against the US dollar as hopes of a deal between the US and the country continued. The USD/CHF pair was trading at 0.7990, down from this month’s high of 0.8117. It has crashed by 13% from its highest level this year. Swiss franc gains amid trade hopes The USD/CHF exchange rate […]
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Ethereum price remained under pressure on Sunday as sentiment in the crypto industry worsened. ETH token was trading at $3,187, down by over 36% from its all-time high, meaning that it is in a deep bear market. The coin may be about to drop further as a risky pattern nears. Ethereum price is about to […]
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The USD/ZAR exchange rate rose to 17.86 on Tuesday as investors reacted to Donald Trump’s trade war with South Africa. It rose to a high of 17.86, up from the year-to-date low of 17.50. US and China trade war and BRICS tariffs The South African rand has come under pressure this week for two main […]
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The gold market is poised precariously around $4,000 an ounce, with the metal having fallen from last month’s record highs above $4,360. While many analysts view the drop as a healthy correction in a long-term uptrend, famed British economist Jim O’Neill, former UK Treasury minister and ex-chairman of Goldman Sachs Asset Management, sees arguments for […]
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The phrase “Sell America” stormed into the headlines earlier this year. It seemed as if global investors were finally turning their backs on US markets for good. The term has been around since the 1980s, but this time, the trigger was President Trump’s “Liberation Day” tariffs in April. When stocks, bonds, and the dollar fall […]
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