Forex

USD/CNY forecast: renminbi outlook as China deflation sticks

The Chinese renminbi has bounced back in the past few weeks as the market ignored the ongoing trade tensions between the US and China. The USD/CNY exchange rate has plunged to a low of 7.2335, its lowest level since November 25. It has dropped by ove...

USD/CHF forecast: Here’s why the Swiss franc is surging

The USD/CHF exchange rate has plunged as the US dollar index (DXY) crashed to its lowest level in months and as traders moved to the safety of the Swiss franc. It retreated to a low of 0.8750 on Friday, its lowest level since November last year. It h...

Short AUD/NZD: the price has retested the previous low and is likely to close below it after a correction

Long EUR/AUD: the price is likely to continue the rally after making a correction and retracing to the 1.70450 support level

Long EUR/NZD: bullish breakout signals uptrend as key levels and moving averages align for rally

Falcon Finance strengthens security with Fireblocks Integration

Falcon Finance, a cutting-edge synthetic dollar protocol, has today announced the integration of Fireblocks Off Exchange, significantly enhancing the security framework of its platform. This move represents a major leap forward in protecting user ass...

Falcon Finance enhances asset security with Fireblocks Off Exchange

Dubai, 7 March, 2025 – Falcon Finance, the next-generation synthetic dollar protocol, today announced that it has integrated Fireblocks Off Exchange, significantly enhancing the security framework for all user assets. Unlike custodial solutions...

Sam Bankman-Fried’s $11 billion fraud: What his latest prison interview reveals about the FTX collapse

The downfall of Sam Bankman-Fried, once a dominant figure in the cryptocurrency industry, remains a topic of global discussion. As the founder of FTX and Alameda Research, he built an empire that collapsed under allegations of fraud, leading to a 25-...

Crypto market slides despite Trump’s Bitcoin reserve announcement

The cryptocurrency market faced turbulence on Friday, with Bitcoin (BTC) plunging to an intraday low of $84,717 despite the announcement of a Bitcoin strategic reserve by the US government. The downturn also affected major altcoins, including Ethereu...

Asia markets tumble as Japan bond yields hit highest levels since 2008

Asian markets faced a broad decline on Friday as Japan’s government bond yields surged to levels last seen during the 2008 financial crisis. The sell-off mirrored Wall Street’s losses overnight, where investor sentiment weakened despite US President...

EUR/USD forecast: signal after ECB rate cut and US NFP data

The EUR/USD exchange rate jumped to its highest level since November last year after the European Central Bank (ECB) slashed interest rates to aid the ailing economy. It also rose to 1.0853 ahead of the upcoming nonfarm payrolls (NFP) data and as the...

Short AUD/NZD: the price has broken the bullish trend line and the market structure has turned bearish

Long EUR/CAD: the price has broken 5 year high in the recent rally and is likely to continue the rally after the correction

Long EUR/CHF: the price has broken major resistance levels in the recent rally and is likely to continue the rally after a correction

How AI and underground markets fuel a $70 billion cybercrime industry

The global cybercrime landscape has evolved beyond isolated hackers operating in the shadows. An underground economy of cybercriminal marketplaces is expanding, offering illicit services that lower the barriers to entry for digital fraudsters. These...

Crypto market update: Bitcoin, Ethereum, Solana, XRP rise ahead of Trump’s crypto summit

The cryptocurrency market surged on March 6, adding nearly 4% in value as investor sentiment improved following US President Donald Trump’s announcement of a national crypto reserve. This initiative, which includes Bitcoin (BTC), Ethereum (ETH), Sola...

Trump’s WLFI $336M crypto holdings spark concerns ahead of White House summit

With the White House Crypto Summit just days away, attention is turning to WLFI, a DeFi project backed by the Trump family, and its cryptocurrency holdings. Reports indicate WLFI has amassed $336 million in digital assets, including Bitcoin and Ether...

DXY index: Here’s why US dollar crashed ahead of NFP data

The US dollar index (DXY) has suffered a harsh reversal this week as the greenback plunged against most currencies. It plunged to $104.30, its lowest level since November 6, and about 5.35% from its highest level this week. So, what next for the DXY...

Can Mexico find other trade partners amid Trump’s tariff war?

Mexico’s President Claudia Sheinbaum stated on Wednesday that the country may seek new trade partners due to rising economic tensions with the US. This statement follows President Donald Trump’s announcement of new 25% tariffs on imports...

Long Gold: bullish momentum builds as USD weakens, breakout signals potential retest of all-time highs