US Dollar: Strong data supports Dollar gains – Rabobank

Finance  US Dollar: Strong data supports Dollar gains – Rabobank  Rabobank strategist Molly Schwartz notes that hotter US trade price data for April pushed United States (US) Treasury yields higher, with import and export prices rising at their fastest monthly pace since early 2022. The report highlights that the US Dollar (USD) was the best performing G10 currency on a one-day view as two-year yields moved back above 4.00%.  Hotter prices lift yields and USD  “US Treasury yields closed higher after hotter-than-expected trade price data for April printed, with import prices up 1.9% m/m and export prices up 3.3% m/m.”  “These were the fastest monthly price index increases since early 2022 for both.”  “However, the import price index, excluding petroleum, registered more modest gains of only 0.7% which, while hotter than the expected print of 0.5%, is cooler than levels seen as recently as January and February of this year.”  “Yesterday afternoon saw a surge in yields across the board, absent a clear driver in sparse news flow, as the 2 year closed 3bp higher, above 4.00%.”  “USD was the best performing G10 currency yesterday on a one day view.”

05-15

Ethereum TD Sequential Flashes Sell Signal – Is A New 50% Corrective Phase Starting?

Ethereum  Ethereum TD Sequential Flashes Sell Signal – Is A New 50% Corrective Phase Starting?  As the market reacts to the latest crypto legislation, Ethereum (ETH) is flashing warning signs after a fresh technical sell signal emerged for the first time in months and a spike in on‑chain realized profits.  Ethereum Risks New Leg Down After Key Sell Signal  On Thursday, Ethereum jumped 3.5 % intraday before hitting its three-day $2,320 resistance area. The move follows the advancement of the crypto market structure bill, known as the CLARITY Act, to a full Senate vote after a 15-9 bipartisan vote during the Senate Banking Committees long-awaited markup session.  The King of altcoins has been moving sideways between $2,200 and $2,400 over the past month, which some have called a “no-trade zone.” While many analysts suggest that a breakout above the upper boundary is coming, analyst Ali Martinez has warned that Ethereum may be close to a major correction.  In an X post, the market observer highlighted that a new sell signal has emerged on ETH‘s weekly chart for the first time in nine months. He explained that the TD Sequential indicator has been highly precise in anticipating the altcoin’s trends since April 2025, with every signal on

05-15

AUD/USD Price Forecast: Near-term bias turns bearish as correction extends below 20-day EMA

AUD/USD trades sharply lower at around 0.7161, holding just beneath the 20-day Exponential Moving Average (EMA) at 0.7184, which keeps the near-term tone mildly bearish as the pair fails to reclaim this dynamic barrier. The Relative Strength Index (RSI) falls vertically to near 49, hinting at fading upside momentum rather than a directional extension.  On the topside, the 20-day EMA at 0.7184 is the first level to beat for buyers; a daily close above this area would ease immediate downside pressure and open the way for a further recovery towards the almost four-year high of 0.7277. Looking down, the pair could slide its ongoing decline towards the April 29 low of 0.7100.

05-15

Bitcoin (BTC) Surges Past $82K as Senate Clarity Act Vote Boosts Crypto Sentiment

Bitcoin Crypto  Bitcoin (BTC) Surges Past $82K as Senate Clarity Act Vote Boosts Crypto SentimentBitcoin surged to $82,000 following Senate Banking Committee approval of the Clarity Act with a 15-9 voteBTC subsequently retreated to $81,500 but maintained a 2.5% daily gainMajor stock indices including S&P 500 and Nasdaq 100 reached fresh record highs as market risk appetite increasedCoinbase jumped 8% and Strategy gained 7% as cryptocurrency-related equities rallied on positive regulatory developmentsTechnical analysts identify $79,400 as critical support level for continued upward momentum toward $84,000–$85,000  Bitcoin experienced a significant rally to $82,000 on Thursday following the Senate Banking Committees decision to advance the Clarity Act, a comprehensive digital asset regulatory framework that has been highly anticipated by the cryptocurrency industry. The measure secured bipartisan support with a 15-9 vote, including backing from two Democratic senators who joined Republicans in favor. The legislation will now proceed to consideration by the full Senate.  Bitcoin (BTC) Price  Following the initial price surge, BTC experienced a modest correction to $81,500, yet maintained a solid 2.5% increase over the 24-hour trading period.  The Clarity Act aims to establish definitive regulatory guidelines distinguishing between digital assets classified as commodities versus those considered securities. Market participants interpreted the development favorably, viewing it

05-15

Trump family bought Coinbase and Strategy shares amid crypto losses

Donald Trump and his family have expanded their exposure to crypto-linked equities during the first quarter of 2026, adding positions in Coinbase, MARA Holdings, and Strategy as several Trump-backed digital asset ventures continued posting heavy paper losses.Trump family disclosures showed multiple Q1 purchases of Coinbase, MARA Holdings, and Strategy shares.Strategy stock appeared in eight separate Trump family transactions, including both purchases and sales.  According to a Form 278-T disclosure filed with the U.S. Office of Government Ethics, the Trump family reported multiple purchases of crypto-related stocks between January and March, including at least nine transactions tied to Coinbase Global Inc.  One Coinbase purchase made on Feb. 10 carried a disclosed value between $100,001 and $250,000, making it the largest crypto-linked stock transaction listed in the filing.  Elsewhere in the disclosure, Donald Trump and his family also reported buying MARA Holdings shares through two smaller transactions valued below $50,000. Strategys Class A stock appeared repeatedly across the filing, with eight separate buy and sell transactions recorded during the quarter. The largest Strategy purchase, dated Feb. 12, was valued between $50,001 and $100,000, while the biggest sale disclosed on Jan. 12 ranged between $15,001 and $50,000.  Additional purchases included shares of Block Inc., Robinhood, and SoFi

05-15

AAVE Price Prediction: $85 Capitulation Target as DeFi Selloff Accelerates

Distribution Phase Confirmed  AAVE‘s grinding decline to $96.45 represents classic distribution as smart money exits DeFi positions ahead of broader market weakness. The token’s 3.38% daily drop masks a more serious technical deterioration that becomes clear when examining the confluence of momentum signals and volume patterns.  Price action around the 12-period EMA at $96.45 creates a false sense of stability, but the underlying structure points to continuation lower. The RSI neutral reading at 49.93 combined with stalled MACD momentum indicates neither buying pressure nor capitulation – a dangerous middle ground that typically resolves with violent moves. Blockchain.news analysis of similar DeFi token patterns shows this type of sideways drift often precedes 15-20% corrections within days.  Critical Support Breakdown Setup  The immediate technical picture centers on AAVEs inability to reclaim the $99.47 resistance zone. Each bounce attempt meets selling pressure, creating a textbook bear flag pattern that targets the $85-88 support cluster.  Current price positioning between the 7-day SMA at $97.79 and support at $93.92 creates a narrow trading range that favors downside resolution. The Bollinger Band reading of 0.61 places AAVE in the upper portion of its recent range, suggesting limited upside potential before encountering distribution pressure. More critically, the distance to the 200-day SMA

05-15

US Dollar Index (DXY) rallies above 99.00 amid soaring US yields

Finance  US Dollar Index (DXY) rallies above 99.00 amid soaring US yields  The US Dollar (USD) is outperforming this week, fuelled by higher US Treasury yields as solid macroeconomic data and high inflationary pressures have boosted expectations of Federal Reserve (Fed) rate hikes later in the year.  The US Dollar Index (DXY), which measures the value of the Dollar against a basket of peers, is trading at five-week highs, at 99.20, at the time of writing, on track for its best weekly performance in two months, after rallying about 1.30% in the last five days.  US Retail Sales data released on Thursday revealed that consumption remained resilient in April, and weekly Initial Jobless Claims provided further signals of a stabilising labour market, despite the war in the Middle East.  Consumer and producer inflation data released earlier in the week, on the other hand, have shown that the impact of the energy shock has been stronger than expected. These figures have prompted markets to raise bets of Fed interest rate hikes by the end of the year, which have propelled US Treasury yields to one-year highs and are buoying speculative demand on the Greenback.  In the meantime, the US-Iran war remains stalled, with the Strait of Hormuz

05-15

Solana Price Prediction: $98 Wall Keeps SOL Trapped

Tech  Solana Price Prediction: $98 Wall Keeps SOL Trapped  Solana is testing a key setup after sellers rejected SOL near the $98 resistance zone. However, the price still holds important short term support, keeping the breakout scenario alive for now.  Solana Price Faces $98 Breakout Test After Channel Rejection  Solana price is trading near the upper part of its daily range after a failed attempt to break the $98 resistance level, according to the SOL chart shared by Ali Charts.  The chart shows SOL moving inside a defined channel since February. The lower boundary sits near $78.17, while the upper boundary stands near $97.79. The mid-range area is around $88.02, with another key level near $92.89  Solana Daily Channel Chart. Source:  SOL recently tested the channel ceiling near $98 but faced a quick rejection. After that move, the price pulled back toward the $91 area. This shows that sellers still control the upper range for now.  However, the chart also shows SOL holding above the $88 pivot level. That keeps the broader channel structure intact. As long as Solana stays above this mid-range zone, another move toward $98 remains possible.  A daily close above $98 would mark a bullish breakout from the range. In that case, Ali Charts points

05-15

GEN Restaurant Group, Inc. (GENK) reports Q1 loss, lags revenue estimates

Finance  GEN Restaurant Group, Inc. (GENK) reports Q1 loss, lags revenue estimates  GEN Restaurant Group, Inc. (GENK – Free Report) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items.  This quarterly report represents an earnings surprise of -100.00%. A quarter ago, it was expected that this company would post a loss of $0.06 per share when it actually produced a loss of $0.14, delivering a surprise of -133.33%.  Over the last four quarters, the company has surpassed consensus EPS estimates two times.  GEN Restaurant Group, Inc., which belongs to the Zacks Retail – Restaurants industry, posted revenues of $53.9 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 0.56%. This compares to year-ago revenues of $57.34 million. The company has not been able to beat consensus revenue estimates over the last four quarters.  The sustainability of the stock‘s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call.  GEN Restaurant Group, Inc. shares have added about 7.1% since the beginning of the

05-15

Group linked to Trump sons seeks $400M from US defense department for Kazakhstan tungsten mine

Tech  Group linked to Trump sons seeks $400M from US defense department for Kazakhstan tungsten mine  A company with ties to Donald Trumps adult sons is asking the US Department of Defense for $400 million to develop a tungsten mine in Kazakhstan. The request lands at a moment when Washington is aggressively trying to wean its defense supply chain off Chinese-controlled minerals.  The project targets the Boguty deposit in Kazakhstan, a country sitting on significant tungsten reserves. Its a conventional mining play, not a tokenized asset or blockchain venture.  Why tungsten, why Kazakhstan  Tungsten is used in armor-piercing ammunition, aerospace components, and high-performance tooling. Its classified as a critical mineral by the US government. China dominates global tungsten production, giving Beijing enormous leverage over a material the Pentagon considers essential.  Kazakhstan has been actively courting international investment to expand its mining sector, positioning itself as a reliable alternative supplier for defense and high-tech manufacturing inputs.  The conflict-of-interest question  When a company linked to the sitting presidents family requests hundreds of millions in government funding, the optics are, to put it gently, challenging. The $400 million ask from the DoD raises straightforward questions about whether national security priorities are being leveraged for private benefit.  This is a real funding request

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