Browsing: USD

South African rand opens firmer on Tuesday ahead of net and gross reserves updates from the central bank.

The South African rand is marginally weaker against the US dollar on Monday as markets price

The naira exchange rate was little changed at the Nigerian foreign exchange market…

The South African rand gained momentum in the forex market, trading stronger against crosses

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.