Category: FOREX -> USD

USDA, USTR Name New Agricultural Trade Advisors

WASHINGTON, Aug. 24, 2023 – U.S. Secretary of Agriculture Thomas Vilsack and U.S. Trade Representative Katherine Tai today announced the appointment of 130 new private-sector representatives to serve on seven…

USDA Latest News Releases

GBP/USD defends the 100-day SMA ,further downside on the horizon

The GBP/USD lost ground but managed to clear losses after finding support at a daily low of 1.2615, near the 100-day Simple Moving Average (SMA) and t...

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Shopify Customers Can Now Pay In USDC Via Solana Pay

Solana Pay, the payment protocol built on the Solana blockchain, is now plugged into e-commerce giant Shopify, allowing users to pay in USD Coin (USDC), the companies announced Wednesday...

Helene Braun

EUR/USD rebounds amid US-EU recession fears, as traders anticipate a Fed and ECB pause

The Euro (EUR) reverses its course and trims its earlier losses that dragged the exchange rate to a new two-month low of 1.0802 on weaker Eurozone (EU...

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USDA Grows Private Sector Tech Innovation in Food and Agriculture

WASHINGTON, August 23, 2023 – Today, the U.S. Department of Agriculture (USDA) announced an investment of over $12.5 million as part of the USDA Small Business Innovation Research (SBIR) and…

USDA Latest News Releases

BDCs hint forex market will begin to see, capture diaspora remittances

ABCON has assured that the Nigerian economy will begin to see and capture the diaspora remittances when the Central Bank of Nigeria (CBN) starts full implementation of the integration of…

Chike Olisah

USDC To Launch On 6 New Blockchains Including Polygon, Optimism And Base

Circle is reportedly debuting USDC on six new blockchains including Polygon PoS, Base, Optimism, Polkadot and Cosmos...

Aditya Anand

(NGN USD) To Stem Naira Volatility, Nigeria Central Bank Checks Forex Dealers - Bloomberg

NGN USD) To Stem Naira Volatility, Nigeria Central Bank Checks Forex Dealers  Bloomberg...

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Shopify to accept USDC payments with Solana: Report

Solana Pay has reportedly been added to Shopify's payment solutions, giving millions of merchants access to cryptocurrencies...

Cointelegraph By Ana Paula Pereira

Phishing Attacks Continue to Rise as Scammers Steal $675,000 Through USDT Approval Scam

Scammers stole $675K and seven NFTs in two phishing attacks. PeckShield, a blockchain security firm, advises users to revoke unlimited USDT spending permission. The post Phishing Attacks Continue to Rise…

Harsh Notariya

Shop Till You Drop Using USDC: Solana Pay Integrates with Shopify

Shopify integrates Solana Labs' payment protocol, Solana Pay, optimizing e-commerce transaction avenues via USDC payments...

Emily Tonelli

USDA Announces $72.9 Million in Grant Funding Awarded to Support U.S. Specialty Crop Producers; Marks $1 Billion in Investments through this Program

WASHINGTON, August 23, 2023 -- The U.S. Department of Agriculture’s (USDA) Agricultural Marketing Service (AMS) today announced $72.9 million awarded to 55 states and territories through the Specialty Crop Block…

USDA Latest News Releases

Questions raised as Coinbase, Circle rejig USDC stablecoin relationship

Circle assumes "direct accountability" for USDC following the dissolution of the Centre consortium as a stand-alone entity, with plans to debut the stablecoin to six new blockchains. [...] Read More...…

Steven Stradbrooke

BUZZ-COMMENT-Traders have good cause to think EUR/USD will rise again

With charts painting EUR/USD in a bullish light and those betting on a rise making money this year, traders have good cause to think the pair will rise again...

Reuters

Deals in brief: Solar AI bags USD 1.5 million in seed round, Alva secures funds for Indonesia expansion, and more

Bringing you the latest news briefs on fundraising activities in the Asia Pacific. The post Deals in brief: Solar AI bags USD 1.5 million in seed round, Alva secures funds…

Gideon Ng

USD/CHF advances as markets await a fresh catalyst

On Tuesday, the USD/CHF traded with mild gains, near the critical 0.8800 zone. On the US side, Thomas Barking from the Federal Reserve (Fed) commented...

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USD/MXN drops below 17.0000 on mixed market sentiment, falling US  yields

The Mexican Peso (MXN) registered solid gains on Tuesday, as the USD/MXN pair plummeted below the 17.0000 figure amidst the lack of a catalyst, even t...

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USD/CAD continues to rise ahead of American PMIs

In Tuesday’s session, the USD/CAD continued to gain ground, mainly driven by the broad-based CAD weakness. On the other hand, investors await key manu...

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NZD/USD climbs amid mixed market mood, eyes on Powell’s Jackson Hole speech

NZD/USD recovers some ground though exchanges hands off the highs of the day of 0.5972, trading at 0.5941, amidst a mixed market mood spurred by fears...

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Nigeria Plans Dollar Asset Listings to Ease Forex Woes for Firms - Bloomberg

Nigeria Plans Dollar Asset Listings to Ease Forex Woes for Firms  Bloomberg...

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Coinbase takes an interest in USDC – all you need to know

The partnership between Coinbase and Circle navigates stablecoin dynamics and regulatory changes, with the latter taking full control of USDC issuance and governance...

Suzuki Shillsalot

Coinbase buys a stake in USDC stablecoin issuer Circle

Previously, Coinbase only assumed a minority role as a distributor and promoter of the Circles USDC project. Buying a stake in Circle means Coinbase is taking a more hands-on approach…

Charles Thuo

Deals in brief: Veda VC closes USD 30 million fund, four new Chinese deals, and more

Bringing you the latest news briefs on fundraising activities in the Asia Pacific. The post Deals in brief: Veda VC closes USD 30 million fund, four new Chinese deals, and…

Gideon Ng

USD/CHF Price Analysis: Further downside past 0.8800 appears more impulsive

USD/CHF takes offers to extend the previous week’s U-turn from a multi-day-old resistance line amid early Tuesday, down 0.10% intraday near 0.8775 by...

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USD/CAD struggles to cheer downbeat US Dollar above 1.3500 as Oil Price falls

USD/CAD renews its intraday low near 1.3540 while skating on thin ice during early Tuesday, struggling to defend the week-start pullback from the high...

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Natural Gas Price Analysis: XNG/USD consolidates in a range above 50-day SMA

Natural Gas price struggles to gain any meaningful traction on Tuesday and oscillates in a narrow trading band, around the $2.7200 area during the Asi...

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Circle and Coinbase to dissolve Centre; USDC will remain fully available

Coinbase and Circle said in a blog post on Aug. 21 that Centre — the consortium originally responsible for the USDC stablecoin — will be dissolved. The two companies said…

Mike Dalton

USD/JPY jumps above 146.00 following PBoC's unexpected rate cut

At the start of the week, the USD/JPY sees green around 146.20, showing more than 0.60% gains on the day. In that sense, the People’s Bank of China's...

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USD/MXN sees uptick amid China’s economic concerns, ahead Powell’s Jackson Hole speech

USDMXN registers minimal gains even though a risk-on impulse would usually underpin the emerging market currency. Monday’s light economic calendar wou...

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Nine Nuts, Dried Fruit, and Seeds Products Get USDA Organic, Vegan.org, and Kosher Certifications

USDA Organic, Vegan.org, And Kosher Certifications   SALT LAKE CITY, Aug. 21, 2023 - Summer of 2023, the company is now certified to sell certified products in boxes. These certifications…

Matthew Baron

USDA announces $667 million in rural broadband funding

Illustration by Alex Castro / The Verge The US Department of Agriculture announced nearly $700 million in funding Monday to expand high-speed broadband access in rural communities across the country.…

Makena Kelly

GBP to USD Forecast: British Pound Reflects UK Housing Woes and Jobs Market Tension

Amid declining UK house prices and wage growth uncertainties, the British Pound navigates a volatile trading landscape against the USD...

Bob Mason

Gold Price Forecast: XAU/USD remains under pressure below the $1,900 mark ahead of Jackson Hole event

Gold price struggles to gain ground and holds below $1,900 in the Asian session on Monday. The upbeat US economic data boost the Greenback broadly, wh...

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USD/CAD Price Analysis: Setup favours bulls and supports prospects for further gains

The USD/CAD pair lacks any firm intraday directional bias on Monday and oscillates in a narrow trading band below mid-1.3400s through the Asian sessio...

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Egypt Strikes USD 500 Million Deal with UAE to Finance Wheat Imports

Egypt has signed a USD 500 million (EGP 15.4 billion) deal with the Abu Dhabi Exports Office (ADEX) to fund wheat imports for five years, according to a statement by…

Heidi Aref

JUST-IN: Bureau De Change Operators Kick As CBN Restricts Forex Trading

The Bureau De Change (BDC) on Saturday kicked as the Central Bank of Nigeria (CBN) announced the operational mechanism for its segment of the market to trade foreign currencies in…

Newshour

Projects worth over 68 bln USD to be inked at commodity, trade expo

A staff member welcomes guests at the (China) Eurasia Commodity and Trade Expo (EACT Expo) 2023 in Urumqi, northwest China’s Xinjiang Uygur Autonomous Region, Aug. 17, 2023.  (Xinhua/Zhao Ge) URUMQI,…

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Indian-origin lab owner sentenced to prison for USD 463 million genetic testing scam in US

An Indian-origin laboratory owner from the US state of Georgia was sentenced to 27 years in prison for his involvement in a USD 463 million genetic testing scam spanning over…

PTI

Forex crisis: CBN announces new operational guideline to Bureau De Change Operators

The Central Bank of Nigeria has released a series of operational changes to Bureau De Change operations amid the forex crisis. The apex bank disclosed this on Friday in a…

NewsDirect

CBN Unveils Fresh Guidelines For Forex Sale By BDCs Two Years After Ban

AFRICAN EXAMINER) – The Central Bank of Nigeria (CBN) on Friday unveiled a series of fresh operational guidelines for forex sales by Bureau de Change (BDC) operators in the country.…

African Examiner

AUD/USD faces headwinds amid China’s economic woes, mixed Fed signals

AUD/USD registers minuscule losses though it registered weekly losses of 1.41%, as market sentiment remained downbeat amid China’s economic developmen...

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CBN releases new guidelines for forex sale by BDCs two years after ban

The Central Bank of Nigeria (CBN) on Friday released fresh guidelines for the sale of foreign exchange by Bureau De Change (BDC) operators in the country. The development came years…

Ripples Nigeria

Kraken introduces support for PayPal’s stablecoin, PYUSD

Kraken announced on Aug. 18 that it had added support for PayPal’s stablecoin, also known as PayPal USD or PYUSD. The cryptocurrency exchange said that deposits and withdrawals of PYUSD…

Mike Dalton

BREAKING: CBN To Resume Sale Of Dollars To BDCs, Demands Daily Rendition Of Forex Utilization

The Central Bank of Nigeria has announced measures to reintroduce Bureau de Change Operators in Nigeria into the foreign exchange market a few days after threatening speculators. The bank announced…

Ukpe Philip

Gold Price Forecast: XAU/USD gains some ground on risk aversion at the end of the week

At the end of the week, the XAU/USD Gold spot slightly recovered to $1,890, but it is still poised for a 1% weekly decline, its fourth weekly loss in...

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GBP/USD dips on sour sentiment, soft UK retail sales

GBP/USD retreats from daily highs and losses for the second day in the week but remains set to finish the week on a higher note. Retail Sales in the U...

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Gold Price Forecast: XAU/USD to recover in medium term as rate hike cycle likely to have ended – Commerzbank

Gold now finds itself at its lowest level since mid-March. Economists at Commerzbank analyze XAU/USD outlook. Fed Chair Powell will probably leave all...

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Trading for PayPal USD (PYUSD) starts August 21 – deposit now!

We’re thrilled to announce that PayPal USD (PYUSD) is now available on Kraken! Deposits and withdrawals are live and PYUSD will start trading on Kraken on August 21. Funding your…

KrakenFX

Binance to convert all New Bitshares (NBS) token balances to USDT before year ends

Binance periodically reviews its listed tokens to ensure they continue to meet the high level of standard we expect. The New Bitshares (NBS) token was delisted by Binance in October…

Charles Thuo

IQX Trade: Voted Best Forex Broker in Southeast Asia 2023

Bangkok, Thailand, 18th August 2023, ZEX PR WIRE, IQX Trade’s ascendancy to the title of “Best Forex Broker in Southeast Asia 2023” stands as a testament to their unwavering dedication…

ZEX PR Wire

Coinbase Responds to Canadian Regulations: Suspends USDT, DAI, and RAI Stablecoins

The US-based cryptocurrency exchange, Coinbase has announced its decision to halt trading of prominent stablecoins, namely Tether (USDT), Dai (DAI), and RAI Reflex Index (RAI), for its Canadian users starting…

Jared Kirui

GBP/USD Price Analysis: Stuck in a range around mid-1.2700s, 23.6% Fibo. level

The GBP/USD pair struggles to gain any meaningful traction on Friday and oscillates in a narrow range below a one-week high, around the 1.2785 region...

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AUD/USD Price Analysis: Treading water above 0.6400, bounces back from weekly low

AUD/USD consolidates above 0.6400 during the Asian session on Friday, rebounding from the low mark on Thursday. The Aussie might experience downward p...

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USD/CHF copies sluggish markets below 0.8800, Swiss data, Jackson Hole eyed

USD/CHF struggles for clear directions around 0.8780 after posting the first daily loss of the week the previous day. In doing so, the Swiss Franc (CH...

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EUR/USD moves away from multi-week low on softer USD, lacks bullish conviction

The EUR/USD pair edges higher during the Asian session on Friday and for now, seems to have snapped a five-day losing streak to a six-week low, around...

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Coinbase Set To Suspend USDT Trading In Canada This Month

Coinbase has announced that it will suspend trading of USDT, DAI and RAI at the end of this month...

Aditya Anand

Coinbase Will Suspend USDT, DAI and RAI Trading for Canadian Users

The exchange expanded its services in Canada earlier this week...

Krisztian Sandor

EUR/USD slips further from 1.0900 amid risk-aversion, strong USD

EUR/USD registers modest losses for the fifth straight day, widening its distance from the 1.0900 figure amid a risk-off impulse spurred by the Federa...

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Silver Price Analysis: XAG/USD corrects oversold conditions, limited by rising US yields

On Thursday, the XAG/USD seems to be correcting oversold conditions rising to $23.00 and settling at $22.60. That said, hawkish bets on the Federal Re...

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USD/MXN edges lower amid risk-off impulse due to China’s woes

The Mexican Peso (MXN) appreciates against the US Dollar (USD) after hitting a weekly low of 17.2073. However, the USD/MXN retraced below the 17.1000...

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USD/CHF retreats as the USD consolidates

On Thursday, the USD/CHF lost ground as the USD seemed to be consolidating gains. The USD DXY index rose to its highest level since January at 103.60...

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NZD/USD stops the bleeding, still vulnerable below 0.6000

On Thursday, the NZD/USD traded with mild losses near 0.5930. On the one hand, the US reported Jobless Claims data from the second week of August and...

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PayPal’s PYUSD Stablecoin to be Integrated in Bybit’s Spot Trading

The introduction of PYUSD into Bybits Spot trading platform signifies the exchange's responsive approach to market demand...

Emily Tonelli

Saudi Arabia Provides Economic Support Worth USD 1.2 Billion to Yemen

Under the directives and keenness of the Custodian of the Two Holy Mosques and His Royal Highness the Crown Prince, based on the strong bonds of brotherhood and ties between…

Leaders Magazine

USD 450 Bn Valuation in 2022: Is UK’s Real Estate Services Market Undergoing a Revolution?: Ken Research

Buy Now Story Outline With housing demand on the rise and a scarcity of properties, the competitive UK market witnesses soaring house prices, particularly in London, where average prices double…

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Deals in brief: Atome expands USD 100 million debt facility, and ten major deals in China

Bringing you the latest news briefs on fundraising activities in the Asia Pacific. The post Deals in brief: Atome expands USD 100 million debt facility, and ten major deals in…

Gideon Ng

Pound Sterling Price News and Forecast: GBP/USD holds above the 1.2700 area amid a firmer Dollar

The GBP/USD pair struggles to gain and remains well-supported above 1.2700 during the early Asian session on Thursday. The odds for a further tighteni...

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GBP/USD remains well supported above the 1.2700 area ,US Dollar strengthens

The GBP/USD pair struggles to gain and remains well-supported above 1.2700 during the early Asian session on Thursday. The odds for a further tighteni...

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AUD/USD slides below 0.6400 to refresh YTD low as downbeat Australia employment report joins hawkish Fed bias

AUD/USD justifies downbeat Australia employment data, as well as the broad risk-off mood, by refreshing the Year-To-Date (YTD) low near 0.6370 during...

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First Digital USD soars on Binance as overall stablecoin market sinks to two-year low

The total market cap of stablecoins has been on a continuous decline for 17 months, now standing at $124 billion, its lowest level since August 2021, according to CCData. The…

Oluwapelumi Adejumo

Russian turmoil fuels unprecedented USDT/RUB trade volume surge

Quick Take The USDT/RUB trading pair has seen a significant surge in volume, according to data from The Block. This uptick reflects the heightened market activity surrounding a turbulent period…

James Van Straten

‘Cut Down Operational Costs, Look to Earn Forex’ – Segun Adegoke on How Nigerian Entrepreneurs Can Survive This Harsh Economy

In the often turbulent waters of Nigeria’s entrepreneurial scene, few stories shine as brightly as that of Segun Adegoke, the visionary CEO and founder of Baay Projects Limited and Baay…

Dimeji Akinloye

Radiation Oncology Market to reach USD 16.78 Bn by 2029, emerging at a CAGR of 11.16% percent and forecast 2023-2029

Radiation oncology is the medical discipline concerned with radiation prescription, as opposed to radiology, which is concerned with the use of radiation in medical imaging and diagnosis. A radiation oncologist…

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USD/JPY trades flat following US Retail Sales, still above 145.00

On Tuesday, the USD/JPY traded flat while the USD seemed to consolidate. On the other hand, the JPY continues to trade vulnerable amid the extreme dov...

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Silver Price Analysis: Bulls step in and help the XAG/USD clear daily losses

On Tuesday, the XAG/USD cleared daily gains and its losses were limited by the USD consolidating its previous day’s gains. Focus now shifts to the Jul...

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NZD/USD loses ground following Chinese and American economic activity data

In Tuesday’s session, the NZD/USD traded lower, mainly driven by China’s fragile economic situation. On the other hand, the USD, despite solid Retail...

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CBN Moves To Clamp Down On Forex Speculators

The Central Bank of Nigeria (CBN) has taken proactive measures to counteract the depreciation of the naira, with imminent interventions set to be unveiled within the coming days. Acting governor…

Jonathan Nda-Isaiah

AUD/USD remains below 0.6500 mark after softer Chinese macro data, seems vulnerable

The AUD/USD pair struggles to capitalize on the previous day's modest bounce from the vicinity of mid-0.6400s, or its lowest level since November 2022...

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EUR/USD Price Analysis: Euro bears keep reins below 1.0980 despite corrective bounce ahead of US Retail Sales

EUR/USD remains sidelined near 1.0910 as it tries hard to defend the previous day’s corrective bounce off the monthly low amid sluggish Tuesday mornin...

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China’s July Retail Sales and Industrial Production ease, keeping AUD/USD bears on the lookout

According to the latest data published by the National Bureau of Statistics (NBS) on Tuesday, China’s July Retail Sales rose 2.5% YoY vs. 4.8% expecte...

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USDC and KuCoin on the decline, Experts Recommend Everlodge For Bullish Gains

With two crypto giants in trouble, we look at what is going on with USDC and KuCoin. We also take a look at new project Everlodge that is disrupting the…

Null Transaction PR

TikTok Shop's Gebrakan by Mami Louisse Live Event Has Successfully Set A New Record, Achieving 1 Million USD in Sales Within A Single Day, Business News - AsiaOne

JAKARTA, Indonesia, Aug. 14, 2023 /PRNewswire/ -- Louisse Scarlett, or best known as Mami Louisse on TikTok ( www.tiktok.com/@louissescarlettfamily ), a famous and most-referred-to TikTok Shop affiliate creator, made a…

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N950/$: CBN to take measures to save forex market

The Central Bank of Nigeria (CBN) will soon come up with stringent measures to stabilise multiple exchange rate in the country. The CBN Acting Governor, Folashodun Shonubi, disclosed this to…

NewsWireNGR

Tinubu approves CBN’s plans to address FOREX market volatility

In response to the recent developments in the foreign exchange market, President Bola Tinubu has authorized measures to stabilize and enhance liquidity, including addressing the parallel market. After meeting with…

Fortune Eromonsele

CBN set to Crackdown on Forex Speculators

The Central Bank of Nigeria (CBN) is taking action to address the decline in the value of the naira against the dollar. The acting governor of the CBN, Folashodun Shonubi,……

Thomasina Oseye

Forex: CBN Moves To Halt Fall Of Naira

AFRICAN EXAMINER) – Acting Governor of the Central Bank of Nigeria (CBN), Folashodun Shonubi on Monday said that the apex bank would soon take measures to halt the fall of…

Rotimi Fadeyi

Marketers propose N720/litre, suspend fuel imports over forex crisis

Oil marketers, on Sunday, indicated that the cost of Premium Motor Spirit, popularly called petrol, would rise to between N680/litre and N720/litre in the coming weeks should the dollar continue…

GoldMyne TV

USD/SGD Rises on Prospects of Higher-for-Longer U.S. Yields

USD/SGD rose in the afternoon Asian session on prospects of higher-for-longer U.S. yields, which would boost the allure of U.S. fixed-income assets and demand for the greenback...

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AR the future of metaverse: Global Market to reach USD 700 Mn by 2028?: Ken Research

Buy Now Story Outline Whether it is healthcare, retail, social media or the workplace, the metaverse has the potential to change lives. With the increase in popularity of virtual reality,…

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Frozen Desserts Market Forecasted to Reach USD 129.65 Billion by 2029 with a CAGR of 5%

Frozen Desserts Market Scope The "Frozen Desserts Market" report offers an in-depth exploration of the industry landscape, examining both demand and supply-side dynamics across different market segments. The research methodology…

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EUR/USD sellers attack 1.0930 support on firmer yields, downbeat ECB concerns, focus on Fed Minutes

EUR/USD drops to the lowest level in a week surrounding 1.0940 as bears keep control amid the early hours of Monday’s Asian session, after a four-week...

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NZD/USD remains on the defensive below the 0.6000, RBNZ rate decision eyed

The NZD/USD pair remains under pressure and holds below 0.6000 during the early Asian session on Monday. The upbeat US Producer Price Index (PPI) on F...

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AUD/USD floats above 0.6480 support ahead of Australia wage growth, RBA/FOMC Minutes

AUD/USD seesaws around 0.6500 amid early Monday morning in Australia, making rounds to the short-term key resistance surrounding 0.6480. That said, Au...

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Offshore Drilling Rigs Market to reach USD 297.58 Bn by 2029, emerging at a CAGR of 11.25% percent and forecast 2023-2029

The growth of the offshore rigs industry is heavily reliant on global exploration activities. The discovery of oil and gas reserves in remote places, along with increased technological developments, mostly…

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NZD/USD dips below 0.6000: US inflation and RBNZ’s dovish stance weighs on NZD

NZD/USD plunges below 0.6000, set to finish the week with losses of 1.86% after inflation data in the United States (US), although mixed, weighed on t...

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USD/JPY jumps to 145.00 following hot US inflation data

On the last day of the week, the USD/JPY rose near the 145.00 zone, showing more than 2% of weekly gains. This movement was driven by a vital Producer...

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USD/MXN drops but remains above 17.0000 amidst a hot US PPI reading

The Mexican Peso (MXN) appreciates against the US Dollar (USD), bucking the trend of Latin American currencies weakening on Friday after the Bank of M...

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