Key Highlights Ethereum failed to stay above $2,000 and declined heavily. A bearish trend line is forming with resistance at $2,000 on the daily chart of ETH/USD. Bitcoin price declined and settled below the $68,000 pivot zone. XRP also dipped over 5% and traded below $1.18. Ethereum Technical Analysis Ethereum attempted an upside break above…
The Morgan Stanley Capital International logo / Reuters-Yonhap Korea’s chances of joining Morgan Stanley Capital International’s (MSCI) Developed Markets Index are back in focus as the benchmark KOSPI rallies toward the 9,000-point milestone, analysts said Wednesday. MSCI is scheduled to release the results of its 2026 Global Market Accessibility Review on June 18, followed by…
Leading broker liquidity solutions provider Match-Prime Liquidity has announced that a new suite of CFDs is now available to broker clients, trading 24/7 across all standard Match-Prime platform connectivity. The instruments reference Gold, Silver, WTI, US100, and US500. They are delivered through Match-Prime’s CySEC-regulated entity and classified as standard CFDs under MiFID II. Match-Prime indicated…
Geopolitics continues to support the US dollar. Japan is ready to resume currency interventions. The US dollar has gained fresh momentum following the escalation between the US and Iran. With consumer price inflation in the eurozone rising to 3.2%, the ECB’s decision to raise its deposit rate from 2% to 2.25% in June is virtually…
USDJPY hit important 160 resistance but stays below this level for the second consecutive day, as traders remain very cautious after the previous intervention commenced at this zone and Japan’s officials repeated today their readiness to intervene again. The notion is supported by today’s comments from BoJ’s Governor who highlighted an increased inflationary risk from…
CIBC has become the latest firm to join SGX FX as a liquidity provider as part of an effort to expand institutional access to FX options and multi-currency liquidity. Scott Gold As part of the integration, CIBC will initially provide liquidity for OTC FX options and will later expand its offering into OTC cash FX. The partnership…
US services sector activity accelerated in May, providing fresh evidence that the economy remains resilient despite elevated interest rates. ISM Services PMI rose from 53.6 to 54.6, beating expectations and marking one of the strongest readings of the past year. Business activity increased from 55.9 to 57.7, while new orders climbed sharply from 53.5 to…
Bullish view Bearish view The AUD/USD pair moved sideways after Australia released the first-quarter GDP report and as traders waited for the latest US jobs data. It was trading at 0.7173, inside the narrow range it has been in the past few days. Australia GDP and US Jobs Data The AUD/USD pair has remained in…
Digital prime brokerage GCEX Group has announced that it has added tokenized oil to its multi-asset platform. This follows on from strong client interest in its tokenized precious metals offering, introduced by GCEX in March 2026 with the launch of Pax Gold (PAXG/USD) and Tether Gold (XAUT/USD). WTI Crude (WTI/USD), the new addition to GCEX’s…
In early futures trading this morning the Nasdaq 100 continues to climb upwards and explore higher territory, this as financial institutions and large players create buying momentum. The Nasdaq 100 at this writing is near the 30,700.00 ratio with fast results being seen via the futures markets. Yesterday’s Nasdaq 100 turned in fractional gains and…