Currencies

Litecoin (LTC) is showing signs of weakness on Thursday as it fails to break above its key resistance level. The price action emerges as a classic dead-cat bounce pattern, which favors bears. The technical outlook suggests that sidelined traders looking to short LTC could consider entry points between $93 and $95 in anticipation of the price resuming its downtrend. Additionally, the bearish sentiment is building among traders, with short positions in the derivatives market reaching their highest point in over a month. Ethereum (ETH) briefly moved above $2,850 on Wednesday...

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Donald Trump spent time on the campaign trail advocating a weaker dollar, imagining this would be the key to unlocking a great renaissance in American manufacturing.We should give the man his due. Few thought it was possible to pull the world’s most important currency lower, pointing to the US’s long-running dominance over the global economy and markets. And yet through the magic of radical uncertainty and the erosion of America’s foundational values...

SYDNEY – Inflation is easing across Asia as lower food and fuel prices and stronger local currencies against the US dollar push down costs. That is giving the region’s central bank chiefs scope to support their trade-reliant economies as the risk of US tariffs and related uncertainty weigh on the outlook. Consumer price indexes have moderated across most of the economies in the region that have already reported data for May. In April, regional consumer prices on a simple average basis excluding Japan slowed to about 1.5 per cent, the...

June 12 (Reuters) - The following table shows rates for Asian currencies against the dollar at 0201 GMT. CURRENCIES VS U.S. DOLLAR Currency Latest bid Previou Pct s day Move Japan yen 144.000 144.54 +0.37 Sing dlr 1.283 1.2839 +0.08 Taiwan dlr 29.785 29.92 +0.45 Korean won 1369.600 1370.9 +0.09 Baht 32.475 32.56 +0.26 Rupiah 16240.000 16250 +0.06 Rupee 85.510 85.51 0.00 Ringgit 4.228 4.235 +0.17 Yuan 7.187 7.189 +0.03 Change so far in 2025 Currency Latest bid End Pct 2024 Move Japan yen 144.000 157.180 +9.15 Sing dlr 1.283...

If you're entering with $25,000, you're positioned right in the sweet spot for both short- and long-term gains. At the current presale price of $0.3370, you’ll receive about 74,181 $TICS tokens. Once Qubetics lists at $0.40, your holdings would be immediately worth around $29,672—a fast 18.7% gain on day one.But that’s just the beginning. Should $TICS hit $5, your $25,000 investment could grow into a whopping $370,905—a 1,383% return. And if the token goes to $10, following the bullish projections tied to Qubetics’ rare combination of reduced supply, advanced DePIN...

by BLACK ENTERPRISE Editors June 11, 2025 The most volatile major currencies in 2025 2025 has proven to be an unusually volatile year for foreign exchange movements. The Trump administration and ongoing conflicts have led to frequent exchanges between world leaders and policymakers, while record-high tariffs are affecting global trade more significantly than it has since the 2000s. Since 2020, the world has experienced numerous disturbances, compared to the much more geopolitically stable first part of the millennium. Between the COVID-19 pandemic, new conflicts around the globe, unprecedented central bank...

Euro is the second most important currency in the world according to the ECB (symbolic image) Keystone The euro is the second most important currency in the world. The European single currency has defended its international role, the European Central Bank (ECB) announced in Frankfurt.The share of the euro in official global foreign exchange reserves, adjusted for exchange rate changes, was little changed at 20.0 percent. A reserve currency is a globally important currency that is also held by other central banks. The US dollar continues to be used by...

Dubai’s booming real estate market has become even more attractive to foreign investors, as the UAE dirham has weakened against major international currencies such as the British pound, euro, and Indian rupee. This currency shift has significantly reduced property acquisition costs for buyers from the UK, Europe, and India — potentially saving them millions of dirhams compared to earlier this year.According to John Lyons, managing director at Espace Real Estate, the depreciation of the US dollar, to which the UAE dirham is pegged, has played a key role in making...

Rupee appreciated by 6 paise to 85.51 against the US dollar in early trade on Wednesday, supported by strong foreign institutional investor (FII) inflows and a dip in global crude oil prices. According to forex traders, the rupee is expected to trade within a range of 85.40 to 90 during the day, with mid-month demand anticipated for oil, defence, and government-related payments. Also Read:Currency Market News: Rupee gains 4 paise to close at 85.62 vs dollar amid strong FII inflows At the interbank foreign exchange market, the rupee opened at...