USD/EGP Exchange rate
Editors’ Picks
AUD/USD remains under pressure despite improvement in Consumer Confidence
AUD/USD price remains mild despite Australian consumer confidence rising 2.2% in May, rebounding from April’s -6% drop. The improvement reflects stabilizing interest rates and a steady job market, though concerns over inflation and cost pressures persist.
USD/JPY surges as risk-on sentiment weighs on safe-haven Yen
USD/JPY is trading near 148.00 as risk-on sentiment dominates global markets following a significant breakthrough in US-China trade relations. This temporary de-escalation has sparked a rally in risky assets, weighing on traditional safe-haven currencies like the Japanese Yen.
Gold remains on the defensive amid positive signs from US-China trade talks
Gold price edges lower to around $3,235 during the early Asian session on Tuesday. The precious metal remains on the defensive due to a stronger US Dollar, higher US yields, and optimism on the US-China trade deal.
COIN soars as Coinbase books slot on S&P 500 index
COIN rallied over 10% in after-hours trading following an announcement by the S&P Global that Coinbase will replace Discover Financial Services in the S&P 500 index beginning May 19.
Memecoins on the move: WIF, BOME, and FLOKI post double-digit gains as US-China agree on tariff reduction
Dogwifhat, Book of Meme, and FLOKI extend their double-digit rallies on Monday, adding to last week’s surge. The rally is driven by growing risk-on sentiment in crypto markets after the US and China agreed to major tariff reductions.