No change of the indicator value may reduce the volatility of the related markets.
No change of the indicator value may reduce the volatility of the related markets.
Dogecoin has demonstrated resilience amid market uncertainty fueled by negative sentiment in the crypto space. While other cryptocurrencies are declining, Dogecoin continues to trade within a stable range, with its price holding above the critical support level of $0.215.
For the first time since 1991, Germany has overtaken Japan in terms of economic strength, despite the Asian country having a significant amount of assets overseas.
The Japanese yen has taken a hit after its surge during the Asian trading session, which happened at the same time as a big hike in the dollar. The decision by US President Donald Trump to postpone 50% import tariffs on the EU has given investors a much-needed boost.
Canada's Ivanhoe Mines has suspended underground operations at its Kamoa-Kakula copper mine in the Democratic Republic of Congo (DRC) following renewed seismic activity.
Adam Button, who heads Forexlive's analytical department, in an interview with BNN Bloomberg on Monday stated his opinion that the Canadian dollar will strengthen to $0.74 by the end of the year. He attributed this appreciation to the increasing uncertainty in global financial markets.
UK food inflation rose again in May, reaching its highest level in a year, according to updated official figures. The British Retail Consortium (BRC) reported that prices climbed 2.8%, up from 2.6% in April, marking the fourth consecutive monthly increase, led by fresh produce.
Bank of Japan Governor Kazuo Ueda indicated the intention to raise the interest rate if the economic environment improves in line with the regulator's forecasts.
The Canadian dollar strengthened to a seven-month high against its US rival as the American currency posted widespread declines.
After a volatile weekend, bitcoin and other cryptocurrencies jumped back up again. According to CoinDesk, these fluctuations were driven by Trump's Friday statements on the introduction of 50% tariffs for EU imports from June 1 and the subsequent pause in these measures until July 9.
The debut of the first XRP exchange-traded fund (ETF) on Nasdaq is a big deal for the crypto industry. The new instrument greatly diminishes the barriers to entry for prominent market players, thereby facilitating access to tokens via well-known financial mechanisms.