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The first full week of August will test whether the US Dollar can recover from its sell-off during the last week of July as investors shift their attention from central bank decisions to a fresh round of economic data.
We haven't written up this one. FXStreet has the full story — the link below goes straight to it.
Another week, another bevy of big rounds. The largest round was a reported $5 billion Nvidia-backed financing for foundational AI unicorn Safe Superintelligence, followed by a $1 billion investment in…
Researchers found that fiat conversion costs and payment infrastructure, rather than blockchain fees, accounted for most of the differences in stablecoin remittance costs and settlement times.
While the dust is settling and facts emerge, it is clear that the latest attack on Saudi Aramco's Abqaiq oil-processing complex is rapidly becoming one of the most consequential energy developments of…
The Kiwi Dollar extends its three-day rally, climbing above 0.5850 and is poised to challenge 0.5900 amid improving risk appetite and broad US Dollar weakness. The clearance of the 200-day Simple Moving Average (SMA) supports the bullish trend, as traders eye the May monthly high at 0.5995.
Amazon, Microsoft and Google added hundreds of billions of dollars to their market caps, while Apple and Meta saw their market valuations fall.
Leopold Aschenbrenner, a former OpenAI researcher-turned-hedge fund manager, saw a dramatic decline this week in his AI-focused fund, Situational Awareness.
