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Finance Magnates

Four Moves in Six Weeks: How Payward Is Remaking Kraken as a Regulated Infrastructure Platform

Payward, the parent company of Kraken, has rapidly transformed its business model over six weeks by securing key regulatory infrastructure components. The company acquired Bitnomial for $550 million to establish a CFTC-l...

ActionForex

Eco Data 6/9/26

The article 'Eco Data 6/9/26' from ActionForex highlights the release of key economic indicators scheduled for June 9, 2026. While specific data points are not detailed in the provided content, such announcements typical...

Reuters

India says fire reported on oil tanker off Oman coast, Indian crew safe - Reuters

A fire was reported on an oil tanker off the coast of Oman, according to Indian authorities. The Indian crew aboard the vessel is reported to be safe, though details about the cause of the fire or potential environmental...

FXStreet

The British Pound Sterling has the best rate in the G7 and the chart of a laggard

The British Pound Sterling has maintained its position as the high-carry currency among G7 nations for most of 2023, driven by the Bank of England's aggressive interest rate hikes and the UK's relatively higher yields co...

Investing.com

US leads record rise in spending on nuclear arsenals, campaign group says

The United States has led a record surge in global spending on nuclear arsenals, according to a report by a campaign group. The analysis revealed a 12% year-on-year increase in U.S. nuclear defense budgets, driven by mod...

FXStreet

Australian Dollar leans on a China prop that's quietly buckling

The Australian Dollar (AUD) faced challenges on Monday as it attempted to rally, with market participants showing little interest in its recovery efforts. The key factor under scrutiny is China, Australia's largest tradi...

Investing.com

US judge scraps Trump policy restricting wind, solar tax breaks

A U.S. federal judge has overturned a Trump-era policy that limited tax incentives for wind and solar energy projects. The 2018 policy required renewable energy developers to prove their projects would not compete with f...

FXStreet

Japanese Yen ignores every reason it has to strengthen

The Japanese Yen has defied expectations by remaining weak despite factors that typically support its strength, such as higher interest rates and a stronger economic outlook. The USD/JPY pair has stabilized just above th...

FXStreet

Asia FX: Oil and Fed backdrop weigh on KRW, IDR – OCBC

OCBC analyst Sim Moh Siong highlights that rising oil prices and a stronger U.S. policy outlook are exerting downward pressure on Asian currencies, particularly the Korean won (KRW) and Indonesian rupiah (IDR). Higher oi...

FXStreet

GBP/JPY Price Forecast: Trapped between key SMAs, bulls eye 214.00

The GBP/JPY pair is currently trading near 213.60, down 0.09% as it consolidates after trimming earlier losses. The currency is caught between key simple moving averages (SMAs), with bulls targeting the 214.00 level as a...

CoinTelegraph

Active tokenized RWAs surge almost 600% despite crypto pullback: Binance

Binance reports that tokenized real-world assets (RWAs) such as stocks, gold, and real estate have surged by nearly 600% in active value, even as the broader cryptocurrency market faces a downturn. This growth is driven...

FXStreet

Chinese Yuan: Neutral within 6.7620–6.7980 band versus US Dollar – UOB

UOB analysts Quek Ser Leang and Lee Sue Ann note that the USD/CNH pair rose toward 6.79 but faces limited upward momentum. They anticipate consolidation within a 6.7800–6.7950 range for the day. The pair remains in a bro...

FXStreet

Gold holds flat as US CPI risk offsets ceasefire optimism

Gold prices (XAU/USD) remain nearly unchanged as improved market sentiment from the Iran-Israel ceasefire is offset by concerns over the U.S. Consumer Price Index (CPI) data. The U.S. Nonfarm Payroll report showed a resi...

Argaam

‎ADF approves SAR 6.5B loans in 2025

The Agricultural Development Fund (ADF) in Saudi Arabia approved SAR 6.5 billion in loans during 2025, marking a 5.8% increase compared to the previous year. Loan disbursements totaled SAR 3.5 billion, with financing dir...

Investing.com

US military disables oil tanker bound for Iran in Gulf of Oman

The U.S. military has disabled an Iranian oil tanker, the MV Adrian Darya-1, in the Gulf of Oman, citing violations of international sanctions. The vessel was reportedly carrying 1.7 million barrels of crude oil bound fo...

Argaam

‎Mawani signs SAR 2B Jubail container terminal concession

The Saudi Ports Authority (Mawani) has signed a SAR 2 billion concession agreement with Saudi Global Ports (SGP) to develop the container terminal at Jubail Commercial Port. The project includes expanding the terminal’s...

FXStreet

Silver Price Forecast: XAG/USD hovers near 200-day SMA, downside risks persist

Silver prices (XAG/USD) edged higher on Monday following a sharp 8% decline on Friday, driven by stronger-than-anticipated US Nonfarm Payrolls (NFP) data. The report reinforced market expectations that the Federal Reserv...

FXStreet

United States Dollar Index eases as Iran halts military operations against Israel

The US Dollar Index (DXY) declined slightly on Monday as Iran announced a halt to its military operations against Israel, reducing immediate geopolitical tensions in the Middle East. Traders are reassessing risk appetite...

FXStreet

Why Silver could be heading to $50 despite booming AI demand

Silver prices have experienced a significant decline, shedding 10% in early June and nearly 50% from their January record high. Despite this drop, the article argues that fundamental factors suggest silver should trade c...

FXStreet

Chinese Yuan: Appreciation trend outweighs yield gap – Commerzbank

Commerzbank analyst Thu Lan Nguyen highlights that despite the People’s Bank of China (PBoC) easing caps on USD deposit rates, the Chinese Yuan (CNY) has appreciated approximately 3% against the US Dollar (USD) in 2024....