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Rupee falls to a four-year low as rising oil prices increase remittance value.

Rupee falls to a four-year low as rising oil prices increase remittance value.

This change has led to an increase in the value of remittance payments, with every Dh10,000 now being exchanged for significantly more rupees than in recent weeks. Oil shock causes currency collapse The rupee’s depreciation highlights rising pressure on India’s external economy, plummeting to a record low of over 93 against the US dollar. It […]

Reasons for Bitcoin’s decline: BTC falls below $68,000 due to Trump’s warning about Iran and market sell-off

Historical Trends Since 2017 Indicate Bitcoin Price Drop to $35,000

Bitcoin’s Recent Decline Amid Geopolitical Tensions Bitcoin dropped below $68,000 following a threat from former US President Donald Trump to “destroy” an Iranian power plant. This declaration triggered a large liquidation cascade in the cryptocurrency market, amplifying global investor anxiety and further igniting geopolitical tensions. The decline happened quickly, just hours after Trump’s comments, and […]

Missile Debris from Iran Falls Close to Temple Mount in Jerusalem

Missile Debris from Iran Falls Close to Temple Mount in Jerusalem

Iran’s Missile Incident on Eid al-Fitr On Friday, Iran launched what was termed an “Eid al-Fitr gift” by the Israeli Foreign Ministry. This ballistic missile landed dangerously close to some of the most contested and sacred sites—namely, Jerusalem’s Old City and the Western Wall. Dramatic footage captured the moment fragments struck the area during the […]

Indian Rupee falls to record lows close to 94 against US Dollar.

Indian Rupee falls to record lows close to 94 against US Dollar.

The Indian rupee (INR) experienced a deeper decline against the US dollar (USD) on Friday, which was a holiday. The USD/INR exchange rate has climbed to around 93.90 as the rupee faces substantial pressure. This is largely due to ongoing foreign capital outflows from India’s stock market, high oil prices tied to conflicts in the […]

David Tepper’s Appaloosa Sells $117 Million Worth of Whirlpool Shares as Stock Falls

David Tepper's Appaloosa Sells $117 Million Worth of Whirlpool Shares as Stock Falls

Appaloosa Sells Whirlpool Shares Amid Slide in Stock Price Appaloosa has divested 1.59 million shares of Whirlpool stock in the fourth quarter, with the transaction finalized on February 17, 2026. This move was valued at approximately $117.38 million, based on average prices during that period. Notably, the fund’s overall positions took a hit, decreasing by […]

The USD falls against the EUR, JPY, and GBP even as yields rise. EURCHF recovers.

The USD falls against the EUR, JPY, and GBP even as yields rise. EURCHF recovers.

Market Overview The U.S. dollar is showing mixed signals, experiencing a slight dip against key currency pairs. While it’s strengthening against the Swiss Franc and remaining flat against the Canadian dollar, it’s also weak compared to the Australian and New Zealand dollars. This comes in the context of U.S. stock futures trending downward. Yields in […]

EUR/USD falls under 1.1500 as Fed and ECB decisions approach

EUR/USD falls under 1.1500 as Fed and ECB decisions approach

During Tuesday’s Asian session, EUR/USD dipped slightly, unable to build on the recovery seen the previous day near the 1.1415-1.1410 range, close to its lowest point since July 2025. Currently, it trades just under the valuable 1.1500 mark. However, it seems that the downward movement is slowing down as key central bank events approach. The […]