Euro: Fluctuating Dollar strength compared to EUR challenges
Jane Foley, a senior currency strategist at Rabobank, talks about the EUR/USD pair in light of recent shifts in dollar dynamics. She notes that while the U.S. dollar (USD) may experience a long-term decline, cyclical factors could still provide support. Positive U.S. labor statistics, robust consumer spending, and capital inflows into equities bolster the dollar’s […]
Amplify ETFs Announces June Income Distributions
Amplify ETF Announces Profit Distribution for June On June 29, 2026, Amplify ETF shared details about its income ETF profit distribution for the month of June. ETF Name Ticker Amount per Share New Year’s Day Record Date Payment Date Amplify SILJ Junior Silver Miners Covered Call ETF SLJY $0.57708 6/29/26 6/29/26 6/30/26 Amplify Bitcoin Max […]
Bitcoin Price Prediction: Small recovery as US and Iran reach agreement to stop attacks and continue discussions
Bitcoin (BTC) bounced back to the $60,000 mark on Monday following a nearly 6% drop that saw it close below an important technical threshold. Last week, spot exchange-traded funds (ETFs) experienced net outflows amounting to $1.79 billion, the highest since late February, primarily due to significant selling by institutional investors. However, improved risk sentiment arose […]
Pi Network Price Prediction: PI faces the threat of a new record low as sellers gain control.
The price of Pi Network (PI) saw a slight drop on Monday, raising concerns about a significant correction that could push it below its all-time low of $0.1184 recorded on June 6. As the excitement from Pi2Day fades, negative funding rates emphasize a selling advantage. Technically, PI continues its downward trend, with increasing momentum despite […]
‘Engineers, Not Business Operators’: The Reasons Behind Loopring Ending Its DEX
Loopring is distributing funds directly to users and will cover transaction fees. Users don’t need to take any action. Loopring, which was the first to introduce a zero-knowledge rollup on Ethereum, has announced that its decentralized exchange will halt all trading services immediately. The relayer is already offline. The decision to shut down was made […]
Forex Today: Careful beginning of the week as markets evaluate recent developments in the US-Iran conflict
June 29th Financial Overview Here’s a snapshot of the situation as the week begins on Monday, June 29th. Financial markets are a bit on edge as investors try to digest the latest nuances in the ongoing US-Iran conflict. Over in Europe, there’s a focus on business and consumer sentiment data for June. Interestingly, later today, […]
Euro experiences slight declines against British Pound before ECB’s yearly forum
In early trading on Monday in Europe, the EUR/GBP exchange rate slipped to about 0.8625. The euro appears to be struggling against the British pound, with diminishing hopes for more interest rate hikes from the European Central Bank (ECB). Many traders are paying close attention to the ECB’s annual forum happening later today. In June, […]
Gold rates in India: Prices on June 29
On Monday, gold prices in India experienced a decline, as reported by FXStreet. The price dropped to INR 12,319.05 per gram from INR 12,401.28 just last Friday. Additionally, the cost per tola decreased to Rs 143,687.00, compared to Rs 144,646.10 on Friday. unit measurement Gold price in INR 1 gram 12,319.05 10 grams 123,188.70 tola […]
US Dollar Index remains stable at the beginning of the week for US NFP data
The US dollar (USD) has kicked off the week on a stable note, with the US dollar index (DXY), which measures the dollar’s value against a basket of six major currencies, remaining steady at around 101.35. This week is significant because it will bring a slew of key US economic reports, particularly the June non-farm […]
Japanese Yen weakens even with concerns about intervention
The USD/JPY pair saw slight increases around 161.80 during the Asian session on Monday, largely due to ongoing uncertainty stemming from US-Iran discussions. However, there’s a possibility that gains could be capped by worries about potential interventions from Japanese officials. Traders are closely watching the upcoming U.S. nonfarm payrolls (NFP) report set to come out […]