BNB (formerly Binance Coin) continued its downward trend on Friday, trading below $575 and posting losses of nearly 4% over the week. The token remains under pressure as weak institutional participation, rising short positioning, and declining futures activity reinforce a bearish short-term outlook. Technically, BNB is now approaching a key support zone near $570, with
The US Dollar strengthened further on Friday, building on its weekly gains against major currencies as investors remained cautious amid growing geopolitical uncertainty in the Middle East. With US financial markets closed for the Juneteenth holiday and limited economic data on the calendar, market participants focused on developments surrounding US-Iran relations and comments from central
Citigroup has revised its expectations for US Federal Reserve interest rate cuts, pushing back its projected timeline by one month as policymakers adopt a more hawkish stance and inflation concerns persist. The Wall Street firm now expects the Federal Reserve to cut interest rates in October and December 2026, followed by another reduction in January
A liquefied natural gas (LNG) tanker is heading toward the Strait of Hormuz for the first time since the US–Iran pact took effect, signaling cautious optimism that shipping lanes may reopen after months of disruption, according to a Bloomberg report. The voyage is being closely watched by traders and governments alike, as it could mark
UK wage growth remained stronger than expected in the three months to April, while the unemployment rate unexpectedly declined, according to official figures released just hours before the Bank of England’s latest interest rate decision. The latest data indicated that Britain’s labour market continues to show resilience despite signs of easing demand for workers, providing
The US Dollar strengthened sharply against major currencies on Wednesday after investors digested the Federal Reserve’s latest policy statement, revised economic projections, and comments from Chairman Kevin Warsh following the central bank’s policy meeting. The US Dollar Index gained nearly 1% during the session, climbing above 100.50 and reaching its highest level since late March.
Micron stock (NASDAQ: MU) remains in focus ahead of the company’s fiscal third-quarter results on June 24, with investors debating whether one of Wall Street’s strongest AI-linked rallies still has room to run. The stock has surged as the memory-chip cycle has tightened, but a fresh bullish call has pushed the debate further. The latest
LAB has extended its rally to a sixth consecutive day, climbing about 57% over the past week as whale buying, technical momentum, and renewed interest in the project’s ecosystem pushed the token back toward the $14 level. Data from CoinGecko showed LAB trading near $13.91 on June 17, up nearly 40% over the past 24
British inflation remained unchanged in May, according to official data released on Wednesday, providing a closely watched update for policymakers and investors ahead of the Bank of England’s latest interest rate decision. The Consumer Prices Index rose by 2.8% in the 12 months to May 2026, matching the annual rate recorded in April. Every month,
Markets adopted a cautious stance during the European morning session on Wednesday as investors prepared for the Federal Reserve’s monetary policy announcement and assessed a series of geopolitical and economic developments. Investors are also awaiting revisions to May Harmonized Index of Consumer Prices inflation data from Eurostat, while the United States economic calendar is scheduled