Ethereum staking withdrawals have entered their third “round,” but Ether (ETH $1,821) staking deposits have almost equaled them, according to the data from the analytics…
EUR/USD trims gains and returns to 1.1020, as US Dollar recovers
Fresh selling pressure now drags EUR/USD to the low-1.1000s on the back of some tepid recovery in the dollar on Tuesday. EUR/USD continues to target…
South Korea announces $15 billion investment in advanced battery technologies
The South Korean government and its top battery companies plan to jointly invest 20 trillion won ($15.1 billion) through 2030 to develop advanced battery technologies,…
Euro flatlines in a tight range below 1.1000
The Euro (EUR) continues trading in the mid 1.09s versus the US Dollar (USD) during the early European session on Thursday. More broadly, the pair has pulled back from…
The Last 48 Hours Have Seen BNB’s Price Drop Significantly
The last few days have been eventful for Binance Coin (BNB). During this time period, BNB’s price benefited from the recent cash injection the crypto market received…
Currency hedging costs in bonds to stay high Sumitomo Life CEO
Japan’s Sumitomo Life Insurance expects currency hedging costs for foreign bond investments to remain elevated based on the interest rate outlook, putting a drag on…
WTI Oil outlook Oil price falls further on stronger dollar and demand concerns
WTI Oil WTI oil price falls further in early Thursday, extending Wednesday’s bearish acceleration (down 2.4% for the day) which has registered a daily close…
U.S. Bancorp earnings beat by $0.06, revenue topped estimates
U.S. Bancorp (NYSE: USB) reported first quarter EPS of $1.16, $0.06 better than the analyst estimate of $1.10. Revenue for the quarter came in at $7.18B…
Georgian vendors get crypto payments option with new partnership
Georgian merchants accept crypto payments through a partnership between Gate Pay and CityPay.io, connecting users to the benefits of crypto services. Gate Pay, the cryptocurrency…
USDCAD climbs to multi-day peak amid tumbling Oil prices, resurgent USD demand
The USD/CAD pair catches fresh bids on Wednesday and climbs to a four-day high, around the 1.3425 region during the first half of the European session. Spot…