LTC/EUR Exchange rate
Editors’ Picks
EUR/USD holds on to gains near fresh 2025 highs
The EUR/USD holds near the fresh 2025 peak in the 1.1640 area, as optimism about a truce in the Middle East keeps fueling demand for high-yielding assets. Powell’s testimony before Congress did not help the US Dollar.
USD/JPY extends retracement from weekly peaks
The Japanese Yen appreciated sharply against the Greenback, with USD/JPY down roughly 300 pips from its Monday peak. Downward pressure is likely to increase on a break below 144.50.
Gold stabilized around $3,310 as mood remains upbeat
The bright metal briefly traded below $3,300 on Tuesday, as market players welcomed a de-escalation in the Middle East conflict. Hawkish remarks from Fed Chair Powell added to the upbeat mood.
Three signs altcoin season is dead and traders are betting on top 3 cryptos
The altcoin season is a time period during which 75% of the altcoins ranked in the top 50 cryptos by market capitalization outperform Bitcoin in a 90-day timeframe. Traders await the altcoin season every market cycle to take profits on alternative tokens as capital rotates from Bitcoin to other cryptos.
Could Iran block the Strait of Hormuz? Why Oil is on edge after US strikes
As the Israel-Iran conflict reaches new heights, an old threat is coming back to haunt the markets: that of the closure of the Strait of Hormuz. This narrow arm of the sea in the Persian Gulf, wedged between Iran to the north and the United Arab Emirates and Oman to the south, is much more than a simple sea passage.