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XRP USD Falls 3.33% Daily: XRPUSD at $1.12 Support
XRP USD drops 3.33% today to $1.12. Technical analysis shows oversold RSI at 28.99 and strong downtrend with ADX at 31.62.
ECB Set to Raise Interest Rates for First Time Since 2023 Amid Energy Shock
The European Central Bank (ECB) is set to return to policy tightening for the first time since 2023 as a fresh energy shock fuels inflation concerns across the eurozone. Markets are widely expecting a 25 basis point rate hike, which would lift the ECB deposit facility rate from 2.00% to 2.25%. The anticipated move comes…
Consumer Price Index Jumps 4.2% in May, Strengthening the US Dollar and Pressuring Gold
A hotter inflation reading has once again become the center of attention for investors. The latest US inflation report showed that the Consumer Price Index rose 4.2% year over year in May, matching market forecasts and marking the highest inflation level since April 2023. The report triggered renewed debate about Federal Reserve policy, Treasury yields,…
Kioxia Stock Plunges 7.8% on June 11 as Chip Rally Fizzles
Kioxia stock fell 7.8% to ¥70,500 on June 10 amid chip sector weakness and profit-taking after AI-driven rally.
RBI Holds Repo Rate at 5.25% on June 11: What It Means for Your Loans
RBI maintains repo rate at 5.25% with neutral stance. Home loan EMIs stable, but August rate hike possible if inflation persists.
Dogecoin USD Falls 2.10% Daily: DOGEUSD at $0.0834
DOGEUSD drops 2.10% to $0.0834. RSI at 30 signals oversold conditions. Technical analysis and price forecast inside.
Pentagon Adds BYD, Alibaba, Baidu to Military List, June 11
Pentagon designates BYD, Alibaba, and Baidu as Chinese military companies. Stocks fall 1-3.6% as U.S. restricts defense contracts with the firms.
WTRXUSD Wrapped TRON Falls 0.70%: $0.36 Support Test
Wrapped TRON USD drops 0.70% to $0.36. Technical analysis shows overbought RSI at 74.86 and strong ADX trend at 66.62.
HSBC Falls 3.6% as China Capital Controls Threaten Hong Kong Wealth Business, June 11
HSBC falls 3.6% as China tightens capital controls on Hong Kong offshore accounts, threatening wealth management business and mainland investor flows.