May 21, 2026 9:19 am
Key Moments Syndicate Labs said it will close after concluding that demand for Ethereum rollup infrastructure has declined to unsustainable levels. SYND dropped to a fresh all-time low near $0.012 following the shutdown announcement, extending losses triggered by an April bridge exploit. Data from L2Beat and 21Shares indicated capital and usage have increasingly concentrated in […]
Read moreMay 21, 2026 8:37 am
Key Moments Advanced Micro Devices announced plans to invest more than $10 billion in Taiwan’s artificial intelligence ecosystem. The initiative focuses on expanding AMD’s manufacturing capabilities in collaboration with Taiwanese partners. AMD will work with ASE and SPIL to advance more power-efficient technologies for AI systems and processors. Strategic Investment in Taiwan’s AI Infrastructure Advanced […]
Read moreMay 21, 2026 7:40 am
Key Moments Gold (XAU/USD) extends an intraday decline from near the $4,450 area, its lowest level since March 30. FOMC Minutes reinforce expectations for a possible Fed rate hike by 25 bps in 2026, supporting the USD near a six-week high. Uncertainty over a potential US-Iran peace deal and broader Middle East risks help limit […]
Read moreMay 21, 2026 6:43 am
Key Moments GBP/USD trades around 1.3435 in Thursday’s Asian session, showing little directional bias. UK headline CPI slowed to 2.8% YoY in April from 3.3% in March, undershooting the 3.0% forecast, with core CPI dropping to 2.5%. Geopolitical tensions linked to US-Iran negotiations and shifting BoE rate expectations weigh on the outlook for the British […]
Read moreMay 21, 2026 6:37 am
Key Moments Silver extends its rebound for a second straight session, lifting XAG/USD above the mid-$76.00 area. Price action is testing the $76.75 confluence zone, where the 100-hour SMA and 23.6% Fibonacci retracement intersect. Upside targets on a confirmed breakout include the 38.2% Fibonacci level at $79.21 and the 50% level at $81.14, while key […]
Read moreMay 21, 2026 6:01 am
Key Moments AUD/NZD retreats toward the 1.2150 area during Thursday’s Asian session after fresh selling pressure emerges. Australian unemployment rises to 4.5% in April and employment drops by 18.6K, undermining expectations for further RBA tightening. Support for a more hawkish RBNZ stance underpins NZD, adding to the downside pressure on the cross. Australian Jobs Surprise […]
Read moreMay 20, 2026 2:11 pm
Key Moments Bitcoin traded 0.4% higher at $77,127.4 by 09:56 ET (13:56 GMT), stabilizing after a pullback from last week’s move above $82,000. Benchmark U.S. 10-year and 30-year Treasury yields climbed to 4.687% and 5.198%, respectively, weighing on appetite for speculative assets. A European banking consortium’s Qivalis project expanded to 37 institutions across 15 countries […]
Read moreMay 20, 2026 1:07 pm
Key Moments Palo Alto Networks Inc (NASDAQ: PANW) has climbed from under $150 at the end of March to around $240, advancing more than 70% and closing higher in seven consecutive sessions through the end of last week. The rally has driven the stock to record highs and pushed its relative strength index (RSI) to […]
Read moreMay 20, 2026 10:10 am
Key Moments Micron Technology shares rose 4.2% in pre-market trading to $727.8 following a wave of bullish Wall Street analyst calls. Melius Research, Citigroup, and Mizuho sharply increased their price targets, with Melius lifting its target to $1,100 while reiterating a Buy rating. Investors are tracking Nvidia’s Q1 earnings and a planned strike by more […]
Read moreMay 20, 2026 9:33 am
Key Moments EUR/CAD traded around 1.5960 during European hours on Wednesday as the Canadian Dollar struggled alongside weaker oil prices. Canada’s annual inflation rate rose to 2.8% in April, below expectations of 3.1%, while core inflation indicators cooled. ECB officials signaled a possible June rate hike, with a Reuters survey showing 59 of 70 economists […]
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