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Dollar Rises Amidst Hot US Inflation DataDollar Rises Amidst Hot US Inflation Data

On Friday, the dollar rose against a basket of other major currencies to an almost four-week high. This surge occurred after the release of the US Consumer Price Index (CPI) data, which showed that prices had risen higher than expectations in May. Thus, it strengthened expectations that the Fed will continue its aggressively hiking policy … Read more

EUR Or USD Drops Under 1.1300 Ahead Of Eurozone Data

The EUR or USD combination has flattened out underneath 1.1300, indicating that the constructive recovery from the weeklong lower has dissipated. Bond rates have been stronger as inflation expectations for the novel Omicron COVID variant have stayed high. The German ZEW and the Gross domestic product of the Eurozone both are set to be announced. … Read more

Axie Infinity is hovering in a Negative Zone Especially after a 20% Price Dip

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On June 1, the trading price of Axie Infinity (AXS) ended up experiencing a sharp downward trend. The report shows that the price of Axie Infinity has started moving in the lower direction. It is a sudden drop that has been recorded in the trading price of Axie Infinity and the entire investment community has … Read more

Microstrategy Among The Top Gainers As Crypto-Related Stocks Record Massive Profits

Over the last couple of weeks, when the authorities announced increasing interest rates to combat growing inflation, there has been intense selling pressure in the equities and crypto markets. However, the crypto market is showing gradual recovery amidst the collapse of Terra’s stablecoin (UST). The leading digital asset (BTC) has recovered from a 16-month low, … Read more