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Economic Indicator
Indonesian Rupiah rises as US Dollar trims recent gains despite risk-off mood
USD/IDR extends its losses for the second successive day, trading around 17,720 during the European hours on Tuesday. The pair loses ground as the US Dollar (USD) pares its daily gains despite prevailing market caution.Fxstreet
Tue, Jun 16
Stocks
All Social Security Retirees Should Do This on Oct. 14
Key PointsSocial Security recipients rely on cost-of-living adjustments (COLAs) to keep up with rising costs. COLAs can't be announced until third-quarter inflation readings become available.A huge mid-October announcement is worth tuning in for.The $23,760 Social Security bonus most retirees comple...The Motley Fool
Tue, Jun 16
Economic Indicator
What is dragging the British Pound toward 1.3100 as political noise and stagflationary pressures mount?
The British Pound (GBP) is facing compounding pressures ahead of the Bank of England (BoE) interest-rate decision on Thursday. Financial markets have pushed back expectations for rate hikes to later in the year, leaving the currency highly sensitive to incoming economic data and geopolitics.
Fxstreet
Tue, Jun 16
Forex
USD/JPY Price Forecast: Needs breakout above 160.70 for fresh leg of rally
The USD/JPY pair ticks down to near 160.25 during the European trading session on Tuesday. The pair trades marginally lower as the Japanese Yen (JPY) outperforms its peers, following the Bank of Japan’s (BoJ) monetary policy announcement.
Fxstreet
Tue, Jun 16
Cryptocurrencies
ECB, BoJ, and RBA all tightened in five days as the Iran energy shock ends the rate-cut cycle
The European Central Bank, the Bank of Japan, and the Reserve Bank of Australia all moved in five days this week, with the ECB hiking on June 11, the BoJ hiking on June 16, and the RBA holding the same day after three earlier hikes this year. All three cited the energy shock from the...Cryptopolitan
Tue, Jun 16
Stocks
CVS Health's Comeback Is Just Getting Started -- and Its Valuation Still Looks Shockingly Cheap
Key PointsCVS Health's financial results are improving due to several initiatives. These efforts could continue to pay off in the short run.CVS Health also has strong long-term prospects and a solid dividend program.10 stocks we like better than CVS Health › CVS Health (NYSE: CVS) encountered signif...The Motley Fool
Tue, Jun 16
Forex
Australian Dollar edges up above 0.7050 amid hawkish comments by RBA's Bullock
The Australian Dollar (AUD) remains on its back foot against the US Dollar (USD) on Tuesday, although the pair has bounced up above 0.7050 after hitting session lows near 0.7040 following a monetary tightening pause by the Reserve Bank of Australia (RBA).
Fxstreet
Tue, Jun 16
Forex
EUR/JPY Price Forecast: Pulls back toward 185.50 near nine-day EMA
EUR/JPY depreciates after two days of gains, trading around 185.60 during the early European hours on Tuesday. The currency cross holds a mild bullish bias as it trades above the nine-day and 50-day Exponential Moving Averages (EMAs).
Fxstreet
Tue, Jun 16
Cryptocurrencies
Binance secures top seeding as debut Fortune Crypto 100 list recognizes global leaders in digital asset sector
The world’s largest cryptocurrency exchange, Binance, has unsurprisingly been named on the first ever Fortune Crypto 100 list in the centralized finance (CeFi) category. The Fortune Crypto 100 list, replaces Fortune’s earlier “Crypto 40” list, and spans ten categories including traditional finance, decentralized finance, venture capital, mining, stablecoins, and digital asset trading. Binance gains top...Cryptopolitan
Tue, Jun 16
Stocks
This Top Oil Stock Expects an Unlikely Source to Help It Double Its Free Cash Flow by 2029.
Key PointsWhile other oil and gas companies stay focused on oil-rich regions like the Permian basin, ConocoPhillips is betting big on Alaska's North Slope.The company's $9 billion Willow project may be three years away from coming online, but once it hits the production stage, it could produce $4 bi...The Motley Fool
Tue, Jun 16
Commodities
WTI slumps to three-month low near $79.00 on US-Iran peace deal optimism
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $79.20 during the early European trading hours on Tuesday. The WTI price falls to a three-month low after the United States (US) and Iran have agreed on a framework deal to end the war.
Economic Indicator
Japan FM Katayama: Government's responsibility rests in appropriately conducting economic, fiscal policies
Japan Finance Minister (FM) Satsuki Katayama said during the European trading session on Tuesday that the government is focused on appropriately conducting economic and fiscal policies.Fxstreet
Tue, Jun 16
Cryptocurrencies
Pi Network Price Forecast: PI remains capped as breakout move lacks bullish steam
Pi Network (PI) holds above $0.1350 at press time on Tuesday, sustaining its 5% rebound gains from Saturday. The mild recovery so far this week, amid declining social dominance, reflects a lack of conviction among buyers to push the trendline breakout.Fxstreet
Tue, Jun 16
Stocks
Alibaba's QoderWork Launches 'Consciousness' Feature
Alibaba's desktop AI assistant QoderWork has launched a 'Consciousness' feature combining memory, reflection and skill-evolution modules. In addition to saving conversations, the feature can proactively organize and purge redundant information and convert high-frequency tasks into reusable skills.Tiger News
Tue, Jun 16
Forex
EUR/USD Price Forecast: Struggles to return above 20-day EMA, eyes on Fed policy
The EUR/USD pair trades marginally lower at around 1.1580 during the European trading session on Tuesday. The major currency pair drops as the US Dollar (USD) rises, with investors awaiting the Federal Reserve’s (Fed) monetary policy announcement on Wednesday.Fxstreet
Tue, Jun 16
Cryptocurrencies
Solana Price Forecast: SOL rebound gains momentum as ETF inflows return
Solana (SOL) steadies at $73 on Tuesday after posting three consecutive green candlesticks since the weekend. The recent recovery is supported by institutional demand, with spot Exchange Traded Funds (ETFs) recording net inflows of $2.81 million on Monday.
Fxstreet
Tue, Jun 16
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