The British pound was on track to record its biggest weekly gain against the US dollar in 12 weeks on Friday. The currency was supported by easing domestic political concerns and weaker-than-expected US labour market data, which weighed on the dollar. Sterling rose 0.1% to $1.3357 during the session. The move brought its weekly gain
Anyone deciding between BloFin and Bybit for copy trading wants the same thing: which one lets me mirror a trader more precisely, vet that trader’s record more thoroughly, and keep more of the profit. Most comparison pages that rank for this question answer with a generic score or a feature checklist that leaves the copy-trading
Investor Michael Burry, best known for his successful bet against the US housing market portrayed in The Big Short, has reportedly opened a short position in Micron Technology (MU), arguing that the memory chip maker’s recent rally has been driven by speculative enthusiasm rather than fundamentals. According to a post published on his Substack, Burry
The Kospi Index slumped by over 7% as volatility in the South Korea’s equity market continued. It plunged to a low of 7,733, down by 17.50% from its highest point this year. Memory stocks drag the Kospi Index lower The Kospi Composite Index remained on edge today as its recent volatility gained momentum. It has
Oil prices are almost back where they were before the US-Iran war jolted global markets, but traders are not treating the calm as a clean ending. Brent crude has slipped back toward $71-$73 per barrel, while West Texas Intermediate is hovering around $68-$70 per barrel, erasing much of the panic premium that took hold earlier
The Nikkei 225 Index has sold off recently as investors book profits following its strong rally to the all-time high of 72,781 in June. It was trading at 69,190 on Thursday, up by 37% this year. This article looks at the key catalysts that will drive the index this month. Nikkei 225 Index to react
Gold’s rebound has not fully changed the argument around bullion. The metal is back above the $4,000 line after softer US data knocked the dollar lower, but the market is still reluctant to chase prices higher before the official jobs report. Traders are weighing two competing signals: a cooling labour market that helps gold, and
Bitcoin price rose for the second consecutive day despite the rising ETF outflows and fear that Strategy will dump some of its holdings. BTC jumped to $60,870, up modestly from the year-to-date low of $58,000. Spot Bitcoin ETF outflows continued Demand for Bitcoin remains thin this week as investors continued their selling spree. Data compiled
Silver’s recovery has moved from a technical bounce to a macro trade. The metal climbed for a third session on Thursday, pushing back above $60 an ounce as softer US data, lower oil prices and a less forceful message from Federal Reserve Chair Kevin Warsh eased the pressure on non-yielding assets. The rally does not
Driven by thin liquidity and speculative trading, MemeCore (M) price briefly surpassed $5 over the past 24 hours, extending its recovery after rebounding from recent multi-month lows. According to CoinGecko data, M climbed to around $5.58 during Thursday’s session after spending most of the previous day trading near the $1.20 level. The move followed a