The U.S. dollar erased earlier gains driven by Mideast tensions after minutes from the Federal Reserve's June meeting revealed a more cautious and divided outlook on future rate hikes than markets anticipated.
Iraq has reportedly agreed to new financial controls to prevent U.S. dollars from reaching Iran, ending a four-month suspension of American currency shipments to Baghdad. The deal allows Iraq to once again access physical cash from its oil revenues held in New York.
Strategists at UBS maintain a bearish outlook on the EUR/NOK pair, projecting the krone will appreciate against the euro over the next year despite a recent pullback caused by lower oil prices.
Deutsche Bank analysts report that yield is the primary driver of foreign exchange markets in 2026, making carry trades a favored strategy amid a stable global economy. The bank provides an outlook for the dollar, euro, and yen.
Streamex Corp. has partnered with Siebert Financial to offer its yield-bearing, tokenized gold security, $GLDY, to accredited investors through traditional brokerage channels.
Streamex Corp. has made its yield-bearing, gold-backed digital security, $GLDY, available to accredited investors through traditional brokerage accounts via a partnership with Siebert Financial.
The Japanese yen strengthened significantly Friday on reports that Tokyo may encourage its massive government pension fund to increase domestic investments. The U.S. dollar held steady, poised for a slight weekly gain ahead of key inflation data.
The crypto infrastructure firm has registered its MERC token white paper with European regulators, meeting a key requirement under the Markets in Crypto-Assets (MiCA) framework for listing on EU exchanges.
Russia's main stock index tumbled to a three-year low, closing down 2.13% as losses in the mining, oil, and gas sectors weighed on the market. The decline was accompanied by a spike in volatility and a weaker ruble.
