Wall Street banks put a meter on AI as computing bills climb
Rising AI costs challenge banks to balance innovation with profitability, prompting strategic spending controls and efficiency measures. The post Wall Street banks...
Daily Forex News & Market Updates
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Our forex market news feed brings together current developments that may influence currency prices and trader sentiment. Check the latest forex updates throughout the trading day and follow important economic and financial news affecting the global forex market.
US Dollar Index hovers around 101.70 as sliding US bond yields counters Fed hike bets
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, struggles to gain any meaningful traction on Thursday, trading around the...
Bitcoin Futures Open Interest Holds at $36.4 Billion as Hedging Demand Rises
Glassnode’s data showed spot selling widened and its 25-delta skew rose to 8.6% from 5.2%, while long-side funding payments increased to $1.6 million.
Saba capital management buys $44,181 of BNY Mellon Strategic Municipals
Saba capital management buys $44,181 of BNY Mellon Strategic Municipals
Australian Dollar weakens to near 0.7000 despite hawkish RBA stance
The AUD/USD pair loses momentum to around 0.7015 during the early Asian trading hours on Thursday. Risk-off bias and safe havens flows provide some support to the...
Bitcoin falls below $83,000, down over 2% from its early morning high.
According to HTX market data, Bitcoin has fallen below $83,000, dropping more than 2% from its early morning peak and currently trading at $82,930.