Browsing: USD

The dollar comes under pressure on Wednesday amid a surge in U.S. inflation, buoyed by a global energy crisis. The US dollar index, which tracks the Greenback’s value against six major currencies, is down 0.1% to 99.8 on Wednesday as US inflation data surged to a three-year high.

TRON (TRX) gained 2% in 24 hours to $0.372, outperforming a flat broader market, primarily driven by its fundamental utility as a leading stablecoin settlement layer. TRX price increase over solid utility and technical momentum, though overbought readings suggest near-term volatility.

The British pound stabilised above $1.35, recovering from a two-week low, as investors prepare for a week filled with significant economic data and global interest rate decisions while also monitoring US-Iran peace talks.

Bitcoin (BTC) price surges to $72.8k on reports that Iran plans to toll the Strait of Hormuz with crypto payments amidst a ceasefire with the United States.

Boosted by rising demand, the US dollar rallied against its trading pairs to its highest positions in about a year, supported by geopolitical tensions and shifting rate expectations.

The global crypto market dropped by about 2% in the last 24 hours to $2.3 trillion on Thursday, primarily driven by a hawkish Federal Reserve policy signal.

U.S. Dollar Inflow into Nigeria’s FX Market Drops by 21% Total U.S. dollar volume flows into the Nigeria Foreign Exchange…

Bitcoin, Ethereum Rally Boosts Crypto Market Cap to $3trn Bitcoin (BTCUSD) and Ethereum (ETHUSD) rallies have lifted global cryptocurrency market…

U.S Dollar Declines on “Potential Fed Chair’ Comment The US dollar weakened against trading pairs in the forex market as…

US Dollar Inflow into Nigerian FX Market Sinks Further US dollar volume, or FX inflow, into the Nigerian currency market…