Financial and Business News
Gold continues losing ground for the third straight day and drops to its lowest level
Retail Sales in the US rose modestly in August. US Dollar Index holds above 109.50
AUD/USD remains on the defensive despite a modest USD pullback from the daily high. The
EUR/USD has carved out a well-defined range between 0.9950/1.0015 amid European Central Bank (ECB) hawks
USD/CAD holds range. As analysts at Scotiabank note, technicals suggest USD gains have stalled around
USD/CAD gains some positive traction and hits a two-month high on Thursday. A fresh leg
Compound Treasury enabled borrowing for institutions in USD or USDC using crypto as collateral. Providing
XRP price could rally back towards $0.38. Still the much larger count suggests a plummet
Bitcoin price continues to hover around $20,000 after the recent sell-off. Although BTC is ranging,
Ethereum Merge has begun, leaving proof-of-work behind for a new proof-of-stake consensus mechanism. Developers in
