USD/CAD falls to near 1.4400 as receives downward pressure from improved Oil prices

USD/CAD depreciates as the commodity-linked CAD receives support from higher Oil prices. WTI Oil price hovers near its highest level since October, driven by the potential increase in global fuel demand. The US Dollar Index holds its position near 109.00, close to recent highs. USD/CAD halts its four-day winning streak, trading around 1.4400 during the … Read more

Crypto Gurus See a Bright New Year for Fantom (FTM) and ICP, But Bigger Bets Are on Lightchain AI

As the New Year begins, the cryptocurrency market is abuzz with predictions for standout projects that could dominate the next wave of growth. Among the promising contenders, Fantom (FTM) and Internet Computer Protocol (ICP) have captured the attention of crypto enthusiasts for their innovative approaches to scalability and decentralized applications. Fantom continues to impress with … Read more

Ripple CEO Brad Garlinghouse Credits Trump for Positive Impact on Ripple

Ripple CEO credits Trump’s pro-crypto policies for boosting XRP by 370%, accelerating U.S. hires, and advancing Ripple’s stablecoin RLUSD. Legal optimism under potential SEC leadership change may unlock XRP’s full potential amid Ripple’s ongoing global growth. Donald Trump recently received credit from Ripple CEO Brad Garlinghouse for his presidency’s positive impact on revitalizing the company’s … Read more

From Memes to Machines: Dino Coins Like BTG and Newcomer Freysa AI Dominate 2025’s Opening Week

As the first week of January 2025 nears the end, the cryptocurrency market boasts a valuation of $3.49 trillion, with numerous digital assets experiencing considerable appreciation since the year’s commencement. The most notable riser, with an increase of 147%, is freysa ai (FAI), a blockchain-based gaming token that melds artificial intelligence (AI), financial mechanisms, and … Read more

NZD/USD gathers strength above 0.5600 as Chinese Services PMI rises to seven-month high

NZD/USD gains traction to around 0.5620 in Monday’s Asian session.  China’s Caixin Services PMI rose to 52.2 vs. 51.5 prior, stronger than expected.  The hawkish remarks from the Fed could underpin the USD and create a headwind for the pair.  The NZD/USD pair attracts some buyers to near 0.5620 on Monday during the Asian trading … Read more

Coinbase In Spotlight, Community Weighs Impact of Operation Chokepoint 2.0

Coinbase Exchange may have paved a favorable path for the cryptocurrency industry with its ongoing Operation Chokepoint 2.0 fight Members of the crypto ecosystem have now spotlighted the firm’s role in this fight. This includes its recent legal actions against the FDIC, showing how the agency denied banking attempts to crypto firms. Architects of Operation … Read more

Ireland Purchasing Manager Index Services dipped from previous 58.3 to 57.1 in December

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet … Read more