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Category: Cryptocurrencies

Cryptocurrencies

Bank of America resets Amazon stock forecast on key service launch

Amazon, the e-commerce and tech giant, has spent years building massive systems for itself, then turning those systems into businesses for everyone else. This move helped create AWS from Amazon’s own technology infrastructure, turning it Read more…

By hadi, 12 hours ago June 12, 2026
Cryptocurrencies

US Dollar Index Analysis: Dollar at a Crucial Point, What’s Next?

As the chart shows, the US Dollar Index (DXY) has gained more than 4% from its January lows, with the move accelerating from February 2026 onwards. Today, the dollar finds itself at a technically and Read more…

By hadi, 12 hours ago June 12, 2026
Cryptocurrencies

Dollar: De-Escalation Sends Bulls Fleeing

•    Rumours of an imminent peace deal in the Middle East sent the USD index tumbling. •    The ECB raised interest rates but did not signal that the cycle would continue. The US dollar recorded Read more…

By hadi, 12 hours ago June 12, 2026
Cryptocurrencies

Oil Collapses on Hormuz Optimism, EUR/CAD Rally May Be Just Getting Started

Oil prices extended their sharp decline on today as markets grew increasingly confident that a breakthrough in US-Iran negotiations could eventually restore normal energy flows through the Strait of Hormuz. Brent crude slipped back into Read more…

By hadi, 14 hours ago June 12, 2026
Cryptocurrencies

Bank of America resets AMD stock price target

Advanced Micro Devices (AMD) has gained about 128.45% year to date, at the time of writing, Thursday afternoon, June 11. Meanwhile, the SPDR S&P 500 index (SPY) is up about 8.47% in the same period. Read more…

By hadi, 15 hours ago June 12, 2026
Cryptocurrencies

US Natural Gas: Inventory Surplus Continues to Weigh on Prices

The US natural gas market (XNG/USD) is entering the summer season under the influence of two opposing forces. Domestically, the picture remains bearish. According to the EIA, working gas in underground storage stood at 2,688 Read more…

By hadi, 15 hours ago June 12, 2026
Cryptocurrencies

Sunrise Market Commentary

Markets The ECB as expected raised its policy rate by 25 bps to 2.25%. After already pondering the impact of the war in the Middle East in April, new projections indicate that the conflict is Read more…

By hadi, 16 hours ago June 12, 2026
Cryptocurrencies

ECB Hikes As Expected, One More Likely in September

In focus today UK April GDP is released today. PMIs suggest the economy remained in growth territory in April and only slowed in May, although market consensus expects GDP in April to decline further from Read more…

By hadi, 17 hours ago June 12, 2026
Cryptocurrencies

UK GDP Slips -0.1% M/M in April as Services Weigh, Three-Month Growth Accelerates

UK GDP contracted by -0.1% m/m in April, matching expectations. The setback followed solid gains of 0.4% in February and 0.3% in March, suggesting the economy lost some momentum at the start of the second Read more…

By hadi, 17 hours ago June 12, 2026
Cryptocurrencies

ECB’s Nagel Refuses to Rule Out July Hike as Middle East Shock Persists

German Bundesbank President Joachim Nagel signaled that another ECB rate hike in July remains possible, emphasizing that policymakers are keeping “all options open” as they assess the inflationary impact of the Middle East conflict. Just Read more…

By hadi, 17 hours ago June 12, 2026

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