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Tag: US Treasury

Gold dips to $2,330 as tempered Middle East tensions weaken safe-haven demand

Gold price drops as investors see no immediate escalation in Israel-Iran tensions. Fizzling Fed rate cut prospects combined with easing geopolitical fears weigh on Gold. Fed’s...

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GBP/USD keeps pushing against 1.2430 support weighed by weak UK employment data

The Pound drops on weak UK employment data, to retest support area at 1.2430. UK Unemployment rate increased to 4.2% in the three months to...

Japanese Yen remains heavily offered around 154.00, fresh multi-decade low against USD

The Japanese Yen continues to be undermined by the BoJ’s uncertain outlook about future rate hikes. Reduced Fed rate cut bets underpin the USD and...

Australian Dollar maintains mild gains amid a steady US Dollar, Retail Sales eyed

Australian Dollar gains ground amid escalated geopolitical tensions in the Middle East. Australian currency could face challenges following the lower ASX 200 Index. US Dollar receives...

Gold advances to new lifetime high amid the worsening Middle East crisis

Gold price continues to scale new record highs amid persistent geopolitical tensions. The strong move up seems unaffected by reduced Fed rate cut bets and...

BlackRock tokenized BUIDL fund now convertible to USDC 24/7 via Circle integration

Circle, the issuer of USDC, announced a new smart contract functionality that allows holders of the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) to...

Gold retreats as US CPI data diminishes Fed rate cut hopes

Gold drops as US inflation data complicates Fed rate cut intentions. Investors rethink Fed's monetary approach amid persistent inflation as they now expect two rate...

Canadian dollar dives as US CPI dampens Fed easing hopes

Canadian Dollar dives as US Dollar rallies after strong US CPI data. Bank of Canada keeps rates on hold but hints at rate cut, probably...

Gold bulls turn cautious near all-time peak amid reduced Fed rate cut bets, positive risk tone

Gold price enters a bullish consolidation phase near an all-time peak touched on Monday. Reduced Fed rate cut bets cap gains for the non-yielding metal...

Tornado Cash developer gets help in court from blockchain advocacy groups

Three blockchain advocacy groups have filed amicus curiae briefs on April 5 to defend Tornado Cash developer Roman Storm from criminal charges in the...

Gold price soars to unseen highs amid high US yields, unfazed by US jobs data

Gold hits record highs, defying US Nonfarm Payrolls spike and US Dollar gains, highlighting safe-haven status. Fed rate cut outlook adjusted after employment data, central...

USD/CAD trades with positive bias amid stronger USD, bullish Oil prices to cap gains

USD/CAD gains positive traction for the second straight day, albeit lacks follow-through. Reduced bets for a June Fed rate cut lift the USD to a...

Australian Dollar exhibits a sideways movement amid a weaker Chinese Yuan

Australian Dollar retraces its recent losses amid a stronger US Dollar. RBA minutes revealed that the board did not consider the possibility of increasing interest...

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