USDC/USD: Circle Continues to Lose Market Share to Tether, Market Cap Dropping
The second largest stablecoin with a market cap of $32.5bn, USDC’s adoption level has been slowly slipping downward recently as…
NZD/USD Slides on Risk-Off Sentiment Triggered by OPEC
The NZD/USD currency pair is facing downward pressure as bears test dynamic support levels. On Monday, the pair fell…
GBP/USD Remains Positive Despite Testing 1.2400
The GBP/USD currency pair has been on an upward trend for the third straight week, remaining positive despite having tested…
Air India Places Record Order of 470 Aircraft from Airbus and Boeing at $70 Billion List Price
Air India’s recent announcement of a $70bn provisional order for 470 aircraft from Airbus and Boeing is a significant step for the…
IFC to provide Sri Lanka with $400m cross-currency swap facility to fund essential imports
The International Finance Corporation (IFC) has announced that it will offer Sri Lanka a $400 million cross-currency swap facility to…
Asian Currencies Tumble as Dollar Soars
The dollar surged to a six-week high against a basket of currencies, while most Asian currencies fell on Friday as…
AUD/USD Bears Struggle to Gain Conviction as Bulls Wait for Their Chance
Introduction: The AUD/USD currency pair has been trading within a 100 pip box between 0.6900 and 0.7000, with the bears…
USD/CAD Seesaws Ahead of Key US CPI Data Amid Mixed Clues
Introduction The USD/CAD pair is experiencing a consolidation phase in the mid-1.3300s during the early hours of Monday’s Asian session. The Loonie pair had…
USD/CAD Seesaws Ahead of Key US CPI Data Amid Mixed Clues
Introduction The USD/CAD pair is experiencing a consolidation phase in the mid-1.3300s during the early hours of Monday’s Asian session.…
UK PMI data indicates a solid recovery, leading to GBP/USD rally
The S&P Global/CIPS UK Manufacturing Flash PMI increased to 49.2 in February 2023 from 47 in January, beating market forecasts…