The Brazilian real has embarked on a strong bull run that has pushed it to the highest level since March 2024. The USD/BRL pair has plunged by over 21% from its highest point in December of 2024. So, what next for the Brazilian currency? Why the Brazilian real has soared There are a few reasons
The British pound edged lower against the US dollar on Thursday, as investors moved towards safe-haven assets amid concerns over a fragile ceasefire in the Middle East. Sterling slipped slightly to $1.349, marking a 0.17% decline for the week. The move reflects broader risk aversion in global markets, where the US currency attracted inflows as
RAVE price and broader cryptocurrency market volatility intensified in April 2026 as the digital asset collapsed following serious allegations of market manipulation. The cryptocurrency market experienced a period of extreme turbulence on April 18, 2026, as RaveDAO (RAVE) suffered a catastrophic price failure, erasing nearly $6 billion in market value in less than 48 hours.
Given the strength of the aforementioned support zone, oversold daily Stochastic and the increased risk-off sentiment across the global energy markets, WTI crude oil can be expected to rise to the next resistance level 95.00. WTI crude oil reversed from support zone Likely to rise to resistance level 95.00 WTI crude oil recently reversed up
European currencies are moving into a corrective phase after failing to consolidate above key levels. The shift comes amid heightened geopolitical risks and renewed demand for safe-haven assets. Disruptions in the Strait of Hormuz and escalating tensions in the Middle East are weighing on risk sentiment, supporting the US dollar through capital inflows into more
The US dollar steadied near a one-week high in early Asian trade on Wednesday as investors raised fresh doubts about the durability of President Donald Trump’s announcement that the Iran ceasefire would be extended indefinitely. That scepticism, combined with hawkish-leaning remarks from Federal Reserve chair nominee Kevin Warsh and a record jump in US retail
The British pound was little changed on Wednesday as markets continued to assess uncertainty surrounding the Middle East conflict. The muted movement came even after US President Donald Trump indefinitely extended a ceasefire with Iran. However, clarity remained elusive. It was not immediately clear whether Iran or Israel, a key ally of Washington in the
This preview of weekly data examines USOIL and XAUUSD, with economic data expected later this week as the primary market drivers of the near-term outlook. Highlights of the week: UK unemployment, inflation, manufacturing, and services PMI Tuesday British unemployment at 06:00 AM GMT for February is expected to hold steady at 5.2%, while the claimants
The new week in the financial markets has started with some uncertainty around the geopolitical situation, despite the euphoria for the US stock market last week. Nasdaq has shown the best week for the long time fueled by rumors about the possibility of a peace agreement between US and Iran and a ceasefire between Israel
The decentralized finance landscape has been plunged into a heated conflict following the catastrophic $292 million exploit of the KelpDAO cross-chain bridge. While initial industry reports focused on the operational vulnerability of KelpDAO’s “single-verifier” setup—a configuration that LayerZero Labs claimed was the root cause of the breach—KelpDAO has now issued a formal rebuttal. KelpDAO asserts