According to a crypto expert, Bitcoin is likely to be further pressured by recent market volatility and uncertainty as September kicks off, which is traditionally a difficult month for the digital asset. Data indicate that negative sentiment is growing as more investors may seek to sell their BTC during these turbulent times.

Are we going to see an extended selling pressure on Bitcoin?

According to an analysis by Ali Martinez, a popular market analyst and trader, Bitcoin, the largest cryptocurrency...

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The Australian dollar strengthened on predictions of more aggressive rate rises as a result of data showing a sustained rise in inflation with no indication of a peak.

At 8.4% on an annualized basis, the Australian CPI came in higher than anticipated at a time when inflation is starting to show indications of sustained declines in other G20 countries. The COU data exceeded forecasts all the board, increasing the likelihood that the RBA will increase the rate rises going forward and drive the Aussie...

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The US Dollar saw light negative pressure to begin the new week, and on Monday during Asian trading hours, the US Dollar Index fell under 102.00. The US stock index futures are trading slightly down on the day, while the benchmark 10-year US Treasury bond yield is just above 3.5% after Friday's significant recovery. This suggests that the market has gone cautious. Later in the afternoon, the European Commission will provide the preliminary Consumer Confidence Index for the Euro area, and the German...

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As a result of yesterday's US CPI report, inflation is still rising in the US, and at a higher rate than expected. The Dollar rose strongly and stocks and other risky assets were severely damaged, sending the Dollar higher.

As reported yesterday, US CPI (inflation) increased by 0.1% month-over-month when it was expected to fall, resulting in an annualized rate of 8.3%, which is slightly less than last month's 8.5%, but higher than the 8.1% expected. Markets responded positively to the data, which...

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As a result of Labor Department data revealing an unexpected rise in US Consumer Prices in August, the US dollar soared on Tuesday. In its biggest one-day percentage gain since March 2020, the dollar index DXY gained 1.5% to 109.85 this morning. While the US dollar has declined from its two-decade high of 110.79 reached last week, it remains below its two-decade low.

Despite stronger-than-expected US inflation data, investors bet that the Federal Reserve will need to remain aggressive in raising interest...

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Tokyo would act swiftly and without delay if it were to intervene.
Although it may have intervened, it does not always confirm it.
Rate check by BOJ: no comment.
If YEN continues to move in such a way, we will take the necessary actions. The government does not rule out any options (when asked about the possibility of FX intervention).

Today, officials came out in full force to take a look at the competition, and they have certainly stepped up the offensive. As a result of the frequency, the rhetoric...

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Fidelity and Charles Schwab form a consortium of market makers
In the next year or two, the platform might be available

Retail brokerage firms Fidelity Investments and Charles Schwab Corp. are teaming up with Citadel Securities and Virtu Financial Inc. to build a cryptocurrency trading platform.

According to people familiar with the matter, who asked not to be identified discussing private plans, the market makers are collaborating with Fidelity and Schwab to develop a crypto offering that would increase...

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In an effort to ease the pressure on its rouble, the Russian government on Tuesday granted export-focused companies permission to transfer foreign currencies to accounts abroad under certain conditions.

According to the state decree, starting on Tuesday the finance ministry will allow export-oriented companies to receive foreign currency from non-residents and transfer it overseas provided that it is later returned to Russia and sold on the market.

A gradual easing of Russia's strict capital controls...

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In emerging markets, the currency has performed poorly this year
Despite a 70% inflation rate, Erdogan promised rate cuts

Despite soaring inflation rates, the Turkish lira had climbed beyond 17 per dollar for the first time since December amid a rush for foreign currency sparked by President Recep Tayyip Erdogan's reassurance that interest rates would not be raised.

Turkish lira dropped by 2% to 17.1048 per dollar on Wednesday, making its losses for this year 22.2%, worse than any other emerging market....

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Prices for natural gas in the spot market (CFDS ON NATURAL GAS) have been trading higher at intraday levels recently, to see slight gains of 0.13% per day up to the moment of writing this report. Yesterday's price reached $9,300 per million British thermal units, after increasing by 0.15% during the trading session.

Tuesday's session was calmer than Monday, with natural gas futures failing to maintain early gains as traders took profits. As of July 31, the price of gas for one million British thermal...

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