EUR/USD digs in and extends rebound from 1.05
The EUR/USD extended its recovery from the 1.05 mark, driven by a softer U.S. dollar and cautious market sentiment. After hitting recent lows, the euro has found support as traders reassess the Federal Reserve’s next moves on interest rates. With risk appetite improving, the pair climbed steadily, signaling renewed confidence in the eurozone’s economic outlook. […]
Gold rises as US Dollar dips on Rusia-Ukraine concerns
Gold prices climbed on Monday as the US dollar softened, driven by renewed concerns over the Russia-Ukraine conflict. The geopolitical tensions fueled safe-haven demand, pushing gold closer to recent highs while investors evaluated the global implications of escalating unrest. The weakening of the dollar index, which measures the greenback against six major currencies, provided additional […]
Trump’s social media company in talks to buy crypto firm Bakkt, FT reports
Trump Media & Technology Group (TMTG), the parent company of Truth Social, is reportedly in advanced discussions to acquire Bakkt, a cryptocurrency trading platform owned by Intercontinental Exchange (ICE). This potential all-stock transaction aims to diversify TMTG’s offerings beyond social media, marking a significant move into the cryptocurrency sector. Bakkt, established in 2018, provides a […]