The British pound traded with little change on Tuesday, holding near its strongest level since mid-June as a quiet U.S. economic calendar kept the dollar subdued ahead of key meeting minutes from the Federal Reserve.
Baghdad has reportedly agreed to implement stricter financial controls to prevent U.S. dollars from reaching Iran, ending a four-month suspension of American currency shipments, according to a media report.
The U.S. dollar slipped as a retreat in oil prices eased inflation fears and minutes from the Federal Reserve's June meeting revealed a more divided outlook on interest rates than previously expected.
The cryptocurrency exchange has announced a promotional event with a 25,000 USDT prize pool, running until mid-July, to incentivize user activity in fiat deposits and its Bybit Pay service.
The leading cryptocurrency gained after a U.S. nonfarm payrolls report showed significantly slower job growth than expected, leading investors to scale back bets on a near-term Federal Reserve interest rate increase.
The cryptocurrency market rallied after a U.S. nonfarm payrolls report came in significantly below expectations, leading investors to scale back bets on a near-term Federal Reserve interest rate increase.
Eni SpA CEO Claudio Descalzi cautioned that ongoing Middle East tensions could push crude prices above $100 per barrel by Q1 2027, as finite strategic reserves are depleted and the market becomes more vulnerable to supply shocks.
Bitcoin's price is consolidating as investors balance recent outflows from U.S. spot ETFs with developments in corporate treasury strategies and the potential for new use cases in AI.
The cryptocurrency EOS experienced a significant sell-off, dropping more than 15% to a price of $0.0564 in its largest single-day loss since early July. The decline occurred even as major cryptocurrencies like Bitcoin and Ethereum posted gains.
