FacebookXInstagramTelegram
WhatsApp! 020-122-280-6824

About Editorial team of BIPNs

Main team of content of bipns.com. Any type of content should be approved by us.
23 06, 2025

EUR/JPY Forecast Today 23/06: Breaks Higher (Video)

By |2025-06-23T17:58:54+03:00June 23, 2025|Forex News, News|0 Comments

  • The Euro has had a very strong session against the Japanese Yen, and we are now clearing a major hurdle as we are seeing Japanese Yen weakness across the board.
  • It’s interesting because I’m hearing people on some of the financial channels talk about how the Japanese Yen should strengthen quite drastically.
  • But what they are glossing over is the fact that nobody is buying Japanese debt. That’s a major issue. So, if the Bank of Japan does in fact, tighten monetary policy, like I’m starting to hear people talk about, there is a cost to that.
  • It is probably wiping out their domestic banking system because the Japanese banks hold so much of this debt that nobody is bidding for.

So, you either let the debt go to massive losses in the banking sector or you have to buy it yourself if you’re the Bank of Japan. History tells us they tend to buy it themselves and therefore I think that’s part of what’s going on because even the US dollar is starting to tear up the Japanese yen at this point. Now that we have cleared the 168 yen level, I do think that we are free to go higher, probably as high as 172 yen.

It Will Be Noisy

But it doesn’t necessarily mean that we get there in a straight line. This is also a risk on move as it were, but I think this probably has more to do with the yen itself, at least at the moment. If we pull back, the 165 yen level would be your floor. And although it is 300 points away as I record this, I understand that you’re going to need a lot of pips as far as a stop loss is concerned in order to absorb the potential volatility here.

Markets have been extraordinarily volatile due to basically everything that’s going on in the world. So that translates to smaller sizes and to positions and larger ranges of stop losses. It’s the only thing you can control. With this, think short-term pullbacks continue to be buying opportunities and I do think we will go higher.

Begin trading our daily forecasts and analysis. Here is a list of Forex brokers in Japan to work with.

Christopher Lewis has been trading Forex and has over 20 years experience in financial markets. Chris has been a regular contributor to Daily Forex since the early days of the site. He writes about Forex for several online publications, including FX Empire, Investing.com, and his own site, aptly named The Trader Guy. Chris favours technical analysis methods to identify his trades and likes to trade equity indices and commodities as well as Forex. He favours a longer-term trading style, and his trades often last for days or weeks.

Source link

Read More
23 06, 2025

Why Green Tea Could Be Your New Secret Weapon for More Testosterone

By |2025-06-23T17:56:59+03:00June 23, 2025|Dietary Supplements News, News|0 Comments


Rich in antioxidants, experts have known for eons that green tea is a healthy choice for aiding digestion and battling the bloat, but new evidence is emerging to support the theory that green tea can help you make gains in the gym too, by raising testosterone levels and aiding with sleep. Here’s what you need to know.

A recent study published in the National Library of Medicine has determined that regular long-term consumption of green tea raises testosterone while protecting us against insomnia and depression as we mature, even reducing levels of inflammation.

Africa Studio/Adobe Stock

How Was the Study Carried Out?

For this study, 280 men were divided into two groups. The control group never or rarely drank green tea, while the second group consumed at least one cup of the green stuff six days per week. From the second group, a “long-term drinking group” was also identified, defined as those who drank at least one cup per day for the past 20 years. The subjects provided blood samples and also received MRI scans so that scientists could track any differing results.

How Does Green Tea Promote More Testosterone?

“The results indicate that the testosterone concentration in individuals who consume tea over the long term is significantly higher than that in the control group,” concluded the report. In fact, the long-term drinking group appeared to show 30% higher testosterone levels than the control group. This was also met with 27% less inflammation, and 32% fewer cases of insomnia.

Apparently, green tea inhibits an enzyme that allows more active testosterone to circulate. In the case of inflammation, the antioxidant EGCG (epigallocatechin-3-gallate) blocks the cytokines and enzymes while also neutralizing damaging free radicals. And for sleep, long term green tea drinking was associated with not only longer sleeping duration, but better-quality sleep too, perhaps due its theanine content. It’s no wonder then, that perceived levels of depression were also significantly lower among the long-term green tea drinkers.

One important note is that this study focused on men who were aged 45 and above, so more work will surely follow on the benefits of green tea in younger people. For women, many studies have already affirmed the influence of green tea on estradiol, suggesting that drinking green tea is a great choice for premenopausal women too. The new evidence does suggest, however, that green tea is a healthy way to increase testosterone while improving sleep, and that’s the perfect formula for building muscle.



Source link

Read More
23 06, 2025

DeFi Development Corp. Partners with Kraken to Tokenize DFDV Stock on Solana, Becoming the First U.S.-Listed Crypto Treasury Strategy to Go Onchain

By |2025-06-23T16:01:56+03:00June 23, 2025|News, NFT News|0 Comments


BOCA RATON, FL, June 23, 2025 (GLOBE NEWSWIRE) — DeFi Development Corp. DFDV (the “Company”), the first US public company with a treasury strategy built to accumulate and compound Solana (“SOL”), today announced a landmark partnership with Kraken to list the tokenized stock of its publicly traded equity on the Solana blockchain. As part of the xStocks alliance, Kraken is partnered with Backed and Solana to offer tokenized equities on the Kraken platform.

Through this partnership, DFDV joins the inaugural cohort of tokenized stocks on Kraken’s upcoming xStocks platform, alongside global giants like Apple, Tesla, and Nvidia. The tokenized representation of DeFi Dev Corp. will trade under the symbol DFDVx, unlocking unprecedented onchain access to the Company’s equity and making it the first U.S.-listed crypto treasury strategy to trade onchain.

The launch of DFDVx also marks a foundational step toward bridging traditional capital markets with the Solana ecosystem. With DFDVx live onchain, developers, institutions, and DeFi protocols will be able to build new products, integrate tokenized equity into composable financial primitives, and open new channels of participation in public equity markets.

“We view the tokenization of our stock as a DeFi lego block, one that developers and institutions can build on top of,” said Joseph Onorati, CEO of DeFi Dev Corp. “By putting DFDVx onchain, we will unlock the next phase of innovation; we’re ready to explore new use cases that merge equity ownership with onchain finance.”

“As part of the xStocks alliance, we have seen incredible demand for access to US equities; the crypto community is excited for onchain access to crypto treasury strategy companies like DFDV,” said Val Gui, GM of xStocks for Kraken. “We are excited to be offering DFDVx on the Kraken exchange.”

The tokenization of DFDV’s shares comes at a time when demand for real-world assets (RWAs) on Solana is accelerating, and aligns with the Company’s broader mission to lead capital markets innovation. The forthcoming launch of DFDVx means the Company intends to work with partners across DeFi to explore integrations, liquidity initiatives, and onchain financial tooling.

About DeFi Development Corp.

DeFi Development Corp. DFDV has adopted a treasury policy under which the principal holding in its treasury reserve is allocated to SOL. Through this strategy, the Company provides investors with direct economic exposure to SOL, while also actively participating in the growth of the Solana ecosystem. In addition to holding and staking SOL, DeFi Development Corp. operates its own validator infrastructure, generating staking rewards and fees from delegated stake. The Company is also engaged across decentralized finance (DeFi) opportunities and continues to explore innovative ways to support and benefit from Solana’s expanding application layer.

The Company is an AI-powered online platform that connects the commercial real estate industry by providing data and software subscriptions, as well as value-add services, to multifamily and commercial property professionals, as the Company connects the increasingly complex ecosystem that stakeholders have to manage.

The Company currently serves more than one million web users annually, including multifamily and commercial property owners and developers applying for billions of dollars of debt financing per year, professional service providers, and thousands of multifamily and commercial property lenders, including more than 10% of the banks in America, credit unions, real estate investment trusts (“REITs”), debt funds, Fannie Mae® and Freddie Mac® multifamily lenders, FHA multifamily lenders, commercial mortgage-backed securities (“CMBS”) lenders, Small Business Administration (“SBA”) lenders, and more. The Company’s data and software offerings are generally offered on a subscription basis as software as a service (“SaaS”).

Forward-Looking Statements

This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: “anticipate,” “intend,” “plan,” “believe,” “project,” “estimate,” “expect,” strategy,” “future,” “likely,” “may,”, “should,” “will” and similar references to future periods. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company’s current beliefs, expectations, and assumptions regarding the future of its business, future plans and strategies, projections, anticipated events and trends, the economy, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of the Company’s control. The Company’s actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: (i) fluctuations in the market price of SOL and any associated losses that the Company may incur as a result of a decrease in the market price of SOL; (ii) volatility in our stock price, including due to future issuances of common stock and securities convertible into common stock; (iii) the effect of and uncertainties related the ongoing volatility in interest rates; (iv) our ability to achieve and maintain profitability in the future; (v) the impact on our business of the regulatory environment and complexities with compliance related to such environment including changes in securities laws or other laws or regulations; (vi) changes in the accounting treatment relating to the Company’s SOL holdings; (vii) our ability to respond to general economic conditions; (vii) our ability to manage our growth effectively and our expectations regarding the development and expansion of our business; (ix) our ability to access sources of capital, including debt financing and other sources of capital to finance operations and growth and (x) other risks and uncertainties more fully in the section captioned “Risk Factors” in the Company’s most recent Annual Report on Form 10-K and other reports we file with the Securities and Exchange Commission. As a result of these matters, changes in facts, assumptions not being realized, or other circumstances, the Company’s actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.

Investor Contact:

ir@defidevcorp.com

Media Contact:

Prosek Partners

pro-ddc@prosek.com [1] 



Source link

Read More
23 06, 2025

Forecast update for Gold -23-06-2025

By |2025-06-23T16:00:01+03:00June 23, 2025|Forex News, News|0 Comments


Natural gas price activated the bearish correctional track after recording $4.160 level, affected by stochastic exit from the overbought level, activating the attempts of gathering gains by reaching $3.900.

 

Depending on forming extra support at $3.830 level, to reduce the risk of suffering extra losses, to keep waiting for gathering the positive momentum, which allows it to renew the bullish attempts and reaching $4.050 and $4.220.

 

The expected trading range for today is between $3.850 and $4.050

 

Trend forecast: Bullish

 

 





Source link

Read More
23 06, 2025

Bearish pressure builds up as geopolitical tensions escalate

By |2025-06-23T15:57:52+03:00June 23, 2025|Forex News, News|0 Comments

  • GBP/USD trades at a fresh monthly low below 1.3400 on Monday.
  • The US Dollar benefits from escalating geopolitical tensions.
  • The technical outlook suggests that there is more room on the downside.

After losing nearly 1% in the previous week, GBP/USD stays under bearish pressure on Monday and trades at its lowest level in a month below 1.3400. In case safe-haven flows continue to dominate the action in financial markets in the second half of the day, the pair could continue to stretch lower.

British Pound PRICE Today

The table below shows the percentage change of British Pound (GBP) against listed major currencies today. British Pound was the weakest against the Euro.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.08% 0.16% 0.83% 0.24% 0.77% 1.00% 0.12%
EUR 0.08% 0.23% 0.93% 0.33% 0.80% 1.07% 0.16%
GBP -0.16% -0.23% 0.77% 0.13% 0.58% 0.86% -0.06%
JPY -0.83% -0.93% -0.77% -0.60% -0.09% 0.23% -0.78%
CAD -0.24% -0.33% -0.13% 0.60% 0.57% 0.75% -0.16%
AUD -0.77% -0.80% -0.58% 0.09% -0.57% 0.26% -0.66%
NZD -1.00% -1.07% -0.86% -0.23% -0.75% -0.26% -0.91%
CHF -0.12% -0.16% 0.06% 0.78% 0.16% 0.66% 0.91%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the British Pound from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent GBP (base)/USD (quote).

The negative shift seen in risk sentiment helps the US Dollar (USD) outperform its rivals and weighs on GBP/USD on Monday. Market participants grow increasingly worried about a widening and deepening conflict in the Middle East following the United States’ decision to strike three nuclear facilities in Iran over the weekend.

Meanwhile, the data from the UK showed that the business activity in the private sector expanded at an accelerating pace in June, with the S&P Global Composite Purchasing Managers Index (PMI) improving to 50.7 from 50.3 in May. This reading, however, failed to support Pound Sterling.

Later in the day, the US economic calendar will feature S&P Global PMI data for June. Markets expect the Manufacturing PMI to edge lower to 51 from 52 in May and see the Services PMI retreating to 52.9 from 53.7. In case either of these PMIs come in below 50, the USD could come under selling pressure. Nevertheless, the market reaction could remain short-lived in the current market environment, with investors staying focused on geopolitics. A further escalation in the Iran-Israel crisis could boost the USD and cause GBP/USD to extend its slide in the near term.

GBP/USD Technical Analysis

The Relative Strength Index (RSI) indicator on the 4-hour chart declines toward 30 and GBP/USD continues to pull away from the 200-period Simple Moving Average (SMA), reflecting a buildup of bearish momentum.

On the downside, 1.3340 (Fibonacci 61.8% retracement of the latest uptrend) aligns as the next support level before 1.3300 (round level, static level) and 1.3260 (Fibonacci 78.6 retracement). Looking north, resistance levels could be spotted at 1.3400 (Fibonacci 50% retracement), 1.3450 (Fibonacci 38.2% retracement, 200-period SMA) and 1.3500 (static level, round level).

Pound Sterling FAQs

The Pound Sterling (GBP) is the oldest currency in the world (886 AD) and the official currency of the United Kingdom. It is the fourth most traded unit for foreign exchange (FX) in the world, accounting for 12% of all transactions, averaging $630 billion a day, according to 2022 data.
Its key trading pairs are GBP/USD, also known as ‘Cable’, which accounts for 11% of FX, GBP/JPY, or the ‘Dragon’ as it is known by traders (3%), and EUR/GBP (2%). The Pound Sterling is issued by the Bank of England (BoE).

The single most important factor influencing the value of the Pound Sterling is monetary policy decided by the Bank of England. The BoE bases its decisions on whether it has achieved its primary goal of “price stability” – a steady inflation rate of around 2%. Its primary tool for achieving this is the adjustment of interest rates.
When inflation is too high, the BoE will try to rein it in by raising interest rates, making it more expensive for people and businesses to access credit. This is generally positive for GBP, as higher interest rates make the UK a more attractive place for global investors to park their money.
When inflation falls too low it is a sign economic growth is slowing. In this scenario, the BoE will consider lowering interest rates to cheapen credit so businesses will borrow more to invest in growth-generating projects.

Data releases gauge the health of the economy and can impact the value of the Pound Sterling. Indicators such as GDP, Manufacturing and Services PMIs, and employment can all influence the direction of the GBP.
A strong economy is good for Sterling. Not only does it attract more foreign investment but it may encourage the BoE to put up interest rates, which will directly strengthen GBP. Otherwise, if economic data is weak, the Pound Sterling is likely to fall.

Another significant data release for the Pound Sterling is the Trade Balance. This indicator measures the difference between what a country earns from its exports and what it spends on imports over a given period.
If a country produces highly sought-after exports, its currency will benefit purely from the extra demand created from foreign buyers seeking to purchase these goods. Therefore, a positive net Trade Balance strengthens a currency and vice versa for a negative balance.

Source link

Read More
23 06, 2025

Specialist Reveals the Most Dangerous Supplement for Your Liver

By |2025-06-23T15:55:03+03:00June 23, 2025|Dietary Supplements News, News|0 Comments


Green tea herbal extract, has a predominant antioxidant, a catechin known as epigallocatechin gallate which causes liver injury

Renowned hepatologist Dr Cyriac Abby Philips has warned against the use of supplements with green tea extracts that can have deadly effects on your liver. In a social media post recently, Dr Philips, popularly known as the Liver Doc, said these herb extracts lead to life-threatening liver injury.

“This herb and its extract are now the most common upcoming cause of liver injury and liver failure in the West. Herbal and dietary supplement manufacturers ‘claim’ a lot of health benefits of using this herbal extract,” he wrote. “All these ‘claimed’ benefits are not backed by good scientific data. These are blind promotions to increase business and sales of this herbal extract. Even modern medicine pharmaceutical companies add this herbal extract to a lot of their vitamin and nutritional supplements,” Dr Philips added.

According to Dr. Philips, many modern medicine practitioners—especially dermatologists and general practitioners—prescribe tablets and pills that have green tea herbal extract, which has a predominant antioxidant, a catechin known as epigallocatechin gallate or EGCG.
Studies say EGCG – also a common ingredient in diet pills and weight-loss supplements – is not approved for any medical use and is toxic to the liver. Green tea extract is not screened by the Food and Drug Administration for safety or efficacy before entering the market.

According to Dr. Philips, green tea extracts produce a mean extra weight loss of only around a kilogram over 12 weeks.

Also, “Cardiometabolic and cancer claims remain unproven: meta-analyses show modest LDL reduction but no demonstrated impact on hard outcomes; effects disappeared when caffeine-matched controls were used… green tea extracts have no benefits against heart disease or malignancy,” he added.

What is liver toxicity?

Liver toxicity or injury – also known as hepatic injury – refers to any damage or trauma to the liver, which can range from minor lacerations to severe tears and bleeding. It can result from blunt trauma like a car accident or even toxic supplements, which over time reduce the function of your liver.

What are the signs and symptoms of liver injury?

A few signs and symptoms of liver injury include:

Pain in the upper right abdomen

It is a common symptom, sometimes radiating to the shoulder.

Tenderness in the upper right abdomen

The area may be sensitive to touch.

Abdominal swelling

Blood or fluid buildup in the abdomen causes swelling in your stomach.

Signs of blood loss

Rapid heart rate, rapid breathing, and pale or clammy skin.

Jaundice

Yellowing of the skin and whites of the eyes are signs of liver dysfunction.

Dark urine

It is also a sign of liver problems and impaired bile flow.

Nausea

You may also feel vomiting even when you have not eaten anything

Confusion

In severe cases, liver problems can affect brain function.





Source link

Read More
23 06, 2025

XRP Price Prediction for June 23

By |2025-06-23T15:48:15+03:00June 23, 2025|Crypto News, News|0 Comments

A new week has begun with an ongoing market correction, according to CoinMarketCap.

Top coins by CoinMarketCap

XRP/USD

The price of XRP has declined by 1.6% over the last 24 hours.

Article image
Image by TradingView

On the hourly chart, the rate of XRP is falling after a breakout of the support of $2. If the daily bar closes below that psychological mark, the decline is likely to continue to the $1.98 zone.

Article image
Image by TradingView

On the дщтпук time frame, the picture is also bearish as the price is coming back to the support of $1.9223.

You Might Also Like

Title news

If bulls cannot seize the initiative, the test of that level may happen by the end of the week.

Article image
Image by TradingView

From the midterm point of view, it is too early to make any distant predictions as the week has just started. In this case, traders should focus on the nearest area of $2. If the candle closes below it, an ongoing drop remains the more likely scenario.

XRP is trading at $1.9959 at press time.

Source link

Read More
23 06, 2025

Polemos launches $PLMS token on MEXC and Uniswap, advancing Web3 gaming

By |2025-06-23T14:01:05+03:00June 23, 2025|News, NFT News|0 Comments


  • $PLMS will serve as both a utility and governance token within the Polemos GameFi ecosystem.

  • Polemos offers unique features like The Armory, a scholarship program, and a unified rewards system for Web3 gamers.

  • Through education tools like Polemos University and Pharos, the platform aims to simplify blockchain gaming for all.

Polemos, a Web3 gaming infrastructure platform, started the official Token Generation Event (TGE) for the $PLMS utility token.

The TGE began at 5:00 AM UTC on June 23rd, 2025, marking a step in the platform’s development to integrate blockchain technology within the gaming sector.

Now available on MEXC and Uniswap, $PLMS gives the users entry into the Polemos GameFi ecosystem.

The exclusive $PLMS IKO on Kommunitas has officially sold out, raising $250,000 ahead of the $PLMS listing.

The $PLMS token is designed to serve as the utility and governance token for the Polemos ecosystem.

It is intended to facilitate platform functionalities, including asset management, player incentives, and participation in ecosystem governance.

The TGE follows prior development phases and strategic partnerships, contributing to the framework of Polemos’ Web3 gaming offerings.

“The start of the $PLMS Token Generation Event represents a key stage in the development of the Polemos platform,” states Carl Wilgenbus, CEO of Polemos.

“This event is aimed at distributing the $PLMS token, which is integral to the functional aspects of our ecosystem. Our objective is to provide infrastructure that supports digital asset ownership and participation within emerging gaming environments.”

Polemos is also announcing a strategic partnership with Guinevere Capital, a prominent esports and gaming investment firm known for its investments and advisory roles in projects such as GiantX, iTero, Perion, Skybox, and various other projects across the industry.

Guinevere Capital has established a strong reputation for its work across global Web2 gaming titles including League of Legends, Valorant, Rocket League, and many more.

This partnership aims to leverage the combined expertise of Polemos.io and Guinevere Capital to enhance and further monetise audiences across publishers, infrastructure players, gaming companies, studios, and platforms.

The collaboration will focus on integrating advanced asset management and engagement tools from Polemos.io’s Forge platform with Guinevere Capital’s extensive network and experience in both Web2 and esports ecosystems.

This will create new monetisation opportunities and improve player experiences by bridging traditional gaming with blockchain-enabled innovations.

Details of the $PLMS TGE:

  • Official TGE Start: June 23rd, 2025, at 5:00 AM UTC.


  • Exchanges: MEXC & Uniswap.

The $PLMS token is designed to enable the features of the Polemos platform, which aims to support Web3 gaming experiences:

  • The Armory: Decentralized Asset Management: This platform feature supports collateral-free and deposit-free digital asset rental. It allows asset owners to lend their in-game NFTs, with the intent of earning rewards, while providing other players with access to assets for gameplay without direct purchase.


  • Polemos Scholarship Program: This program is structured to provide gamers with access to necessary in-game assets and support, intended to assist in their participation and earning potential within Web3 games.


  • Unified Rewards System: The platform integrates a system designed to centralize rewards accumulated from various games and activities within the Polemos ecosystem, aiming to simplify reward tracking and management for users.


  • Onboarding and Education Initiatives: Polemos provides tools and resources, including “Pharos” for blockchain news and “Polemos University” for educational content, with the goal of making Web3 gaming concepts accessible to a broader audience.

This TGE represents a step in the operational phase of the Polemos ecosystem. Polemos intends for the $PLMS token to facilitate community engagement and economic activity within its platform.

About Polemos

Polemos is a Web3 gaming infrastructure platform focused on player onboarding, asset management, and engagement across blockchain games.

Its objective is to bridge Web2 and Web3 gaming through technology and partnerships, aiming to provide a functional experience for players.

The platform’s activities include creating awareness of Web3 opportunities, simplifying access to blockchain technology, and developing tools intended to enhance gameplay and community interaction.

About Guinevere Capital



Founded in 2016, Guinevere Capital is a leading esports and gaming investment & advisory firm with a portfolio of projects spanning Oceania, the Middle East, and Europe.



The firm is recognized for its strategic investments and operational expertise across major global Web2 gaming titles, driving growth and innovation across the sector.



About Kommunitas

Kommunitas is a decentralized, tier-less crowdfunding platform that has launched over 236 Web3 projects and raised $34.87 million, empowering startups and blockchain projects to grow through a fair, transparent, and community-driven approach.

Its tier-less system allows anyone to participate in fundraising opportunities, and with a revenue-sharing model, Kommunitas offers long-term benefits for its community.

Contact

Marketing team
[email protected]

This article is authored by a third party, and CoinJournal does not endorse or take responsibility for its content, accuracy, quality, advertisements, products, or materials. Readers should independently research and exercise due diligence before making decisions related to the mentioned company.
Share this article
Categories
Tags



Source link

Read More
23 06, 2025

XAG/USD hesitates at $36.00 with risk aversion easing

By |2025-06-23T13:59:12+03:00June 23, 2025|Forex News, News|0 Comments


  • Silver found support at $35.50 but seems unable to extend beyond $36.00.
  • Risk aversion is easing in the early European session, which is weighing on precious metals.
  • XAG/USD is forming a potential bearish H&S with its neckline at $35.45-$35.50,

Silver (XAG/USD) found a bottom near 35.50 following a reversal from multi-year highs at $37.30 last week, but the precious metal is struggling to find significant acceptance above $36.00 on Monday as the risk sentiment improved somewhat at the European session opening.

European bourses have opened with gains, except the UK FTSE100, and Wall Street futures are turning positive, despite ongoing fears about Iran’s retaliation to this weekend’s US attacks.

Iran’s army leaders have vowed severe consequences to the US, but so far, the response to the massive bombings of Iran’s key nuclear sites has been limited to missile strikes on Israel’s soil, sparing US interests in the region. This keeps hopes of avoiding a wider regional war alive for now, which is boosting equities and weighing on safe assets, such as silver.

XAG/USD: Potential Head & Shoulders formation

A view of the 4-hour charts, and we see a frail recovery from Friday’s lows at $35.50. The Relative Strength Index remains well into negative territory, suggesting that the bearish structure of the last three days is still in play, with previous support, at the $36.10 area (June 13, 16, and 17 highs), now acting as resistance.

Above here, the next resistance area is at the June 19 high at $36.82. A rejection here might form a bearish head & Shoulders, a potential topping pattern that would bring the focus back to the key $35.45-$35.50 area, June 12 and 20 lows, and the neckline of the H&S pattern.

A break of that level confirms that the bullish cycle from early May lows is over and that a deeper correction is in progress, with the next bearish targets at $34.10 (June 4 low) and the $32.70 area, which held prices on May 22, 27, 28, and 30.

XAG/USD 4-Hour Chart

Silver FAQs

Silver is a precious metal highly traded among investors. It has been historically used as a store of value and a medium of exchange. Although less popular than Gold, traders may turn to Silver to diversify their investment portfolio, for its intrinsic value or as a potential hedge during high-inflation periods. Investors can buy physical Silver, in coins or in bars, or trade it through vehicles such as Exchange Traded Funds, which track its price on international markets.

Silver prices can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can make Silver price escalate due to its safe-haven status, although to a lesser extent than Gold’s. As a yieldless asset, Silver tends to rise with lower interest rates. Its moves also depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAG/USD). A strong Dollar tends to keep the price of Silver at bay, whereas a weaker Dollar is likely to propel prices up. Other factors such as investment demand, mining supply – Silver is much more abundant than Gold – and recycling rates can also affect prices.

Silver is widely used in industry, particularly in sectors such as electronics or solar energy, as it has one of the highest electric conductivity of all metals – more than Copper and Gold. A surge in demand can increase prices, while a decline tends to lower them. Dynamics in the US, Chinese and Indian economies can also contribute to price swings: for the US and particularly China, their big industrial sectors use Silver in various processes; in India, consumers’ demand for the precious metal for jewellery also plays a key role in setting prices.

Silver prices tend to follow Gold’s moves. When Gold prices rise, Silver typically follows suit, as their status as safe-haven assets is similar. The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, may help to determine the relative valuation between both metals. Some investors may consider a high ratio as an indicator that Silver is undervalued, or Gold is overvalued. On the contrary, a low ratio might suggest that Gold is undervalued relative to Silver.

,



Source link

Read More
23 06, 2025

Euro remains vulnerable to begin week

By |2025-06-23T13:57:03+03:00June 23, 2025|Forex News, News|0 Comments

  • EUR/USD trades below 1.1500 in the European session on Monday.
  • Mixed PMI data releases make it difficult for the Euro to find demand.
  • The US Dollar is likely to stay resilient against its rivals unless the risk mood improves.

EUR/USD struggles to gain traction and trades below 1.1500 to start the week. The near-term technical outlook highlights a buildup of bearish momentum. In the second half of the day, Purchasing Managers Index (PMI) data from the US and developments surrounding the Iran-Israel conflict could drive the US Dollar’s (USD) valuation and impact the pair’s action.

Euro PRICE Today

The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the weakest against the US Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.07% 0.07% 0.72% 0.24% 0.57% 0.76% 0.17%
EUR 0.07% 0.11% 0.83% 0.31% 0.60% 0.83% 0.20%
GBP -0.07% -0.11% 0.77% 0.20% 0.49% 0.73% 0.09%
JPY -0.72% -0.83% -0.77% -0.52% -0.20% 0.08% -0.64%
CAD -0.24% -0.31% -0.20% 0.52% 0.37% 0.52% -0.11%
AUD -0.57% -0.60% -0.49% 0.20% -0.37% 0.21% -0.36%
NZD -0.76% -0.83% -0.73% -0.08% -0.52% -0.21% -0.63%
CHF -0.17% -0.20% -0.09% 0.64% 0.11% 0.36% 0.63%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)/USD (quote).

Markets remain risk-averse and help the USD hold its ground on Monday after the United States (US) got involved in the Israel-Iran conflict by bombing three Iranian nuclear sites over the weekend.

Meanwhile, mixed PMI data releases from the Euro area seems to be making it difficult for the Euro to stage a rebound. HCOB Composite PMI in Germany improved to 50.4 in June’s flash estimate from 48.5 in May. In the same period, HCOB Composite PMI in the Eurozone remained unchanged at 50.2, missing the market expectation of 50.5.

In the second half of the day, S&P Global Manufacturing and Services PMI data for June will be featured in the US economic calendar. The market reaction to these data releases is likely to be straightforward and remain short-lived. Stronger-than-forecast PMI reading are likely to support the USD.

In the European morning, US stock index futures trade marginally higher after opening deep in negative territory. A bullish opening in Wall Street could weigh on the USD and help EUR/USD edge higher. Unless there is a de-escalation of the tensions in the Middle East, however, investors could refrain from taking large positions in risk-sensitive assets.

EUR/USD Technical Analysis

The Relative Strength Index (RSI) indicator on the 4-hour chart declined below 40 and EUR/USD fell below the lower limit of the ascending regression channel, reflecting a buildup of bearish momentum.

EUR/USD faces a pivot level at 1.1460-1.1470, where the 100-period Simple Moving Average (SMA) and the lower limit of the ascending channel align. In case this area is confirmed as resistance, technical sellers could remain interested. In this scenario, 1.1420 (Fibonacci 38.2% retracement level of the latest uptrend) could be seen as the next support before 1.1360 (200-period SMA).

Looking north, resistance levels could be spotted at 1.1500 (Fibonacci 23.6% retracement), 1.1530 (50-period SMA) and 1.1570 (mid-point of the ascending channel).

Euro FAQs

The Euro is the currency for the 19 European Union countries that belong to the Eurozone. It is the second most heavily traded currency in the world behind the US Dollar. In 2022, it accounted for 31% of all foreign exchange transactions, with an average daily turnover of over $2.2 trillion a day.
EUR/USD is the most heavily traded currency pair in the world, accounting for an estimated 30% off all transactions, followed by EUR/JPY (4%), EUR/GBP (3%) and EUR/AUD (2%).

The European Central Bank (ECB) in Frankfurt, Germany, is the reserve bank for the Eurozone. The ECB sets interest rates and manages monetary policy.
The ECB’s primary mandate is to maintain price stability, which means either controlling inflation or stimulating growth. Its primary tool is the raising or lowering of interest rates. Relatively high interest rates – or the expectation of higher rates – will usually benefit the Euro and vice versa.
The ECB Governing Council makes monetary policy decisions at meetings held eight times a year. Decisions are made by heads of the Eurozone national banks and six permanent members, including the President of the ECB, Christine Lagarde.

Eurozone inflation data, measured by the Harmonized Index of Consumer Prices (HICP), is an important econometric for the Euro. If inflation rises more than expected, especially if above the ECB’s 2% target, it obliges the ECB to raise interest rates to bring it back under control.
Relatively high interest rates compared to its counterparts will usually benefit the Euro, as it makes the region more attractive as a place for global investors to park their money.

Data releases gauge the health of the economy and can impact on the Euro. Indicators such as GDP, Manufacturing and Services PMIs, employment, and consumer sentiment surveys can all influence the direction of the single currency.
A strong economy is good for the Euro. Not only does it attract more foreign investment but it may encourage the ECB to put up interest rates, which will directly strengthen the Euro. Otherwise, if economic data is weak, the Euro is likely to fall.
Economic data for the four largest economies in the euro area (Germany, France, Italy and Spain) are especially significant, as they account for 75% of the Eurozone’s economy.

Another significant data release for the Euro is the Trade Balance. This indicator measures the difference between what a country earns from its exports and what it spends on imports over a given period.
If a country produces highly sought after exports then its currency will gain in value purely from the extra demand created from foreign buyers seeking to purchase these goods. Therefore, a positive net Trade Balance strengthens a currency and vice versa for a negative balance.

Source link

Read More
Go to Top