News
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Mogo Announces $50 Million Bitcoin Treasury Authorization And Strategic Alignment With Bitcoin Across The Organization
July 2 (Reuters) - Mogo Inc MOGO.TO:MOGO ANNOUNCES $50 MILLION BITCOIN TREASURY AUTHORIZATION AND STRATEGIC ALIGNMENT WITH BITCOIN ACROSS THE ORGANIZATIONMOGO INC - EXPECTS TO HOLD $50 MILLION IN CASH AND INVESTMENTS POST WONDERFI-ROBINHOOD DEALMOGO - TO LAUNCH FLAGSHIP BITCOIN PORTFOLIO ON AUM PLAT...Reuters
Wed, Jul 2
Genius Group Increases Bitcoin Treasury 20% To 120 Bitcoin Accelerates Purchase Plan.
July 2 (Reuters) - Genius Group Ltd GNS.A:GENIUS GROUP INCREASES BITCOIN TREASURY 20% TO 120 BITCOIN; ACCELERATES PURCHASE PLAN.GENIUS GROUP LTD - BITCOIN PURCHASED AT AN AVERAGE PRICE OF $101,539 PER BITCOINGENIUS GROUP LTD - RESTATING TARGET TO BUILD ITS TREASURY TO 1,000 BITCOIN WITHIN THE NEXT S...Reuters
Wed, Jul 2
Dollar near 3-1/2 year low as Fed easing, Trump bill in focus
TOKYO/LONDON, July 2 (Reuters) - The U.S. dollar edged off multi-year lows against major peers on Wednesday though remained under pressure as traders considered the potential impact of President Donald Trump's spending bill, and looming tariff deadlines.Reuters
Wed, Jul 2
AUD/USD drifts away from 0.6590 highs on weak Australian consumption data
The Aussie Dollar was capped on Tuesday at Year-to-date highs near 0.6600 and is trading lower on Wednesday as Australian Retail Sales and construction data from May disappointed.The US Dollar, on the other hand, is trimming some losses as favoured by upbeat US employment and manufacturing data rele
Fxstreet
Wed, Jul 2
POLL-U.S. dollar to stay under pressure from tariff, debt and rate cut expectations
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/fx-polls?RIC=EUR= poll dataBy Sarupya Ganguly BENGALURU, July 2 (Reuters) - The U.S. dollar will remain weak over the coming months, a Reuters poll of FX analysts forecast, caught in a tangle of mounting U.S. debt concerns, erratic tariff pol...Reuters
Wed, Jul 2
Russian central bank governor says inflation is slowing faster than expected
ST PETERSBURG, Russia, July 2 (Reuters) - Russian inflation is slowing faster than the central bank expected and there are signs of an easing in the severity of labour market shortages, Governor Elvira Nabiullina said on Wednesday. "Inflation is slowing faster than we expected," Nabiullina ...Reuters
Wed, Jul 2
Hyperscale Data Subsidiary Sentinum Is Resuming Bitcoin Mining At Montana Facility
July 2 (Reuters) - Hyperscale Data Inc GPUS.A:HYPERSCALE DATA SUBSIDIARY SENTINUM IS RESUMING BITCOIN MINING AT MONTANA FACILITYHYPERSCALE DATA INC - SENTINUM TO INCREASE ANTMINERS TO 2,600 WITHIN NEXT WEEKHYPERSCALE DATA INC - TO DIVEST AULT CAPITAL GROUP BY DECEMBER 31, 2025HYPERSCALE DATA INC - S...Reuters
Wed, Jul 2
Silver Price Forecast: XAG/USD wavers near $36.00 with all eyes on US jobs data
Silver (XAG/USD) is trading back and forth near the $36.00 level with investors showing hesitation and awaiting further data about the US labour market for a more accurate assessment of the timing of Fed rate cuts.US Job Openings beat expectations on Tuesday, and the ISM Manufacturing PMI highlighte
Fxstreet
Wed, Jul 2
USD/JPY: Likely to consolidate in a range of 142.90/144.30 – UOB Group
US Dollar (USD) is likely to consolidate in a range of 142.90/144.30 against Japanese Yen (JPY). In the longer run, further declines are not ruled out, but USD may consolidate for a couple of days first, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Wed, Jul 2
No scope for rate cuts with inflation outside tolerance band, Hungary central banker says
Bank projects inflation above 2% to 4% tolerance band all year"Nothing to discuss" in terms of rate cuts, deputy governor saysNeed to see faster and durable disinflation to consider easingWeak economy not disinflationary due to high price expectationsBy Gergely Szakacs and Krisztina Than ...Reuters
Wed, Jul 2
IAG ups FY25 guidance on below-budget natural perils costs
By Michael JonesJuly 2 - (The Insurer) - IAG has upped its financial year 2025 profit guidance after it estimated natural perils costs will total approximately $1.08 billion for the year, around $200 million lower than the annual allowance, the insurer said on Tuesday.The Australian insurer said thi...Reuters
Wed, Jul 2
NZD/USD: Likely to trade in a range between 0.6075 and 0.6120 – UOB Group
New Zealand Dollar (NZD) is likely to trade in a range between 0.6075 and 0.6120 against US Dollar (USD). In the longer run, NZD could continue to strengthen, but it must first break and hold above 0.6120, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Wed, Jul 2
USD/JPY jumps above 144.00 as US Dollar gains ahead of US ADP Employment data
The USD/JPY pair gains sharply to near 144.30 during the European trading session on Wednesday. The asset strengthens as the US Dollar advances ahead of the United States (US) ADP Employment data for June, which will be published at 12:15 GMT.Fxstreet
Wed, Jul 2
