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US Dollar Forecast: PCE Data to Steal Show; EUR/USD, USD/JPY, GBP/USD Setups
US Dollar Forecast: PCE Data to Steal Show; EUR/USD, USD/JPY, GBP/USD Setups
Mar 23, 2024
Most Read: U.S. Dollar Outlook Market Sentiment: USD/JPY, USD/CAD, USD/CHF The U.S. dollar, as measured by the DXY index, strengthened this past week, closing at its best level since mid-February on Friday. Despite initial losses following the Fed’s dismissal of renewed inflation risks and indications that it was still on track for 75 basis points of easing this year, the...
US Dollar Technical Analysis: EUR/USD & GBP/USD Rebound, USD/JPY Flat
US Dollar Technical Analysis: EUR/USD & GBP/USD Rebound, USD/JPY Flat
Mar 25, 2024
US DOLLAR FORECAST – EUR/USD, GBP/USD, USD/JPY Most Read: US Dollar Forecast: PCE Data to Steal Show; EUR/USD, USD/JPY, GBP/USD Setups The dollar fell slightly on Monday, but losses were moderate and probably contained by rallying U.S. Treasury yields. Many traders decided to take profits after the greenback's strong performance last week, while others avoided taking large directional positions in...
Oil Update: Russia
Oil Update: Russia
Mar 23, 2024
Brent Crude Oil News and Analysis Over 150 missiles and drones fired in latest attack on UkraineOil prices ease into the weekend despite attacks on energy infrastructureIG client sentiment focuses on recent changes in positioning to arrive at bearish biasThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our...
Markets Week Ahead: Gold Overreacts, Sterling Sinks and USD Advances
Markets Week Ahead: Gold Overreacts, Sterling Sinks and USD Advances
Mar 25, 2024
Gold Whipsaws and Signals a Potential Momentum Shift The precious metal rose phenomenally in the wake of the FOMC meeting and updated summary of economic projections. The US dollar acted as the release valve for all the hawkish sentiment that had been priced into the market. US activity, jobs and inflation data printed on the higher side of estimates in...
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Sector Update: Tech
Sector Update: Tech
Jul 9, 2025
08:51 AM EDT, 07/09/2025 (MT Newswires) -- Technology stocks were edging higher premarket Wednesday, with The Technology Select Sector SPDR Fund (XLK) up 0.3% and the iShares Expanded Tech Sector ETF (IGM) advancing 0.9%. TELUS Digital Experience (TIXT) shares were up more than 2% after the company said its board has formed a special committee comprised of six independent directors...
Sector Update: Health Care Stocks Flat to Higher Pre-Bell Wednesday
Sector Update: Health Care Stocks Flat to Higher Pre-Bell Wednesday
Jul 9, 2025
09:15 AM EDT, 07/09/2025 (MT Newswires) -- Health care stocks were flat to higher pre-bell Wednesday with the Health Care Select Sector SPDR Fund ( XLV ) advancing by 0.3% and the iShares Biotechnology ETF (IBB) inactive recently. Merck ( MRK ) has agreed to acquire Verona Pharma ( VRNA ) for $107 per American depositary share for a total...
Looming Fed Minutes Eyed as US Equity Futures Gain Pre-Bell
Looming Fed Minutes Eyed as US Equity Futures Gain Pre-Bell
Jul 9, 2025
08:21 AM EDT, 07/09/2025 (MT Newswires) -- US equity futures were cautiously higher pre-bell Wednesday as traders looked ahead to the release of the minutes from the Federal Reserve's most recent monetary policy meeting. Dow Jones Industrial Average futures were up 0.3%, S&P 500 futures were 0.2% higher, and Nasdaq futures were also up 0.2%. Investors are also monitoring a...
Traders Eye Fed Minutes as US Equity Futures Post Narrow Gains Pre-Bell
Traders Eye Fed Minutes as US Equity Futures Post Narrow Gains Pre-Bell
Jul 9, 2025
08:58 AM EDT, 07/09/2025 (MT Newswires) -- US equity futures posted narrow gains before Wednesday's opening bell as traders looked ahead to the release of the minutes from the Federal Reserve's most recent monetary policy meeting. Dow Jones Industrial Average futures were up 0.3%, S&P 500 futures were 0.2% higher, and Nasdaq futures were also up 0.2%. Investors are also...
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Insights Into Microsoft's Performance Versus Peers In Software Sector
Insights Into Microsoft's Performance Versus Peers In Software Sector
Mar 20, 2025
In today's rapidly changing and fiercely competitive business landscape, it is essential for investors and industry enthusiasts to thoroughly analyze companies. In this article, we will conduct a comprehensive industry comparison, evaluating Microsoft ( MSFT ) against its key competitors in the Software industry. By examining key financial metrics, market position, and growth prospects, we aim to provide valuable insights...
Market Analysis: NVIDIA And Competitors In Semiconductors & Semiconductor Equipment Industry
Market Analysis: NVIDIA And Competitors In Semiconductors & Semiconductor Equipment Industry
Mar 20, 2025
In today's fast-paced and highly competitive business world, it is crucial for investors and industry followers to conduct comprehensive company evaluations. In this article, we will delve into an extensive industry comparison, evaluating NVIDIA ( NVDA ) in relation to its major competitors in the Semiconductors & Semiconductor Equipment industry. By closely examining key financial metrics, market standing, and growth...
Understanding Apple's Position In Technology Hardware, Storage & Peripherals Industry Compared To Competitors
Understanding Apple's Position In Technology Hardware, Storage & Peripherals Industry Compared To Competitors
Mar 20, 2025
In the dynamic and fiercely competitive business environment, conducting a thorough analysis of companies is crucial for investors and industry enthusiasts. In this article, we will perform an extensive industry comparison, evaluating Apple ( AAPL ) in relation to its major competitors in the Technology Hardware, Storage & Peripherals industry. By closely examining crucial financial metrics, market position, and growth...
Bitcoin Miners Core Scientific, Riot Platforms, CleanSpark, Iris Energy See Price Targets Slashed: Bernstein
Bitcoin Miners Core Scientific, Riot Platforms, CleanSpark, Iris Energy See Price Targets Slashed: Bernstein
Mar 20, 2025
Bitcoin (CRYPTO: BTC) miners have faced a challenging year, but analysts at Bernstein remain optimistic, driven by a blend of AI opportunities and Bitcoin's valuation support. What Happened: In a report released on Thursday, Bernstein analysts revised their models for major Bitcoin mining companies, reflecting shifts in hash rates, AI/high-performance computing (HPC) prospects, and steady Bitcoin price forecasts. The report...
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Once a beacon of stability, Vietnam to name third president in a year
Once a beacon of stability, Vietnam to name third president in a year
Mar 22, 2024
HANOI, March 22 (Reuters) - Communist-ruled Vietnam is seeking its third president in little more than a year after the resignation of Vo Van Thuong, who was only elected last year after the sudden dismissal of his predecessor. With accumulated foreign direct investment higher than its gross domestic product, Vietnam's stability is crucial to multinationals with large operations in the...
FedEx jumps on profit beat, improved margins in its largest unit
FedEx jumps on profit beat, improved margins in its largest unit
Mar 22, 2024
(Reuters) - FedEx ( FDX ) shares surged in premarket trading on Friday after the parcel giant beat estimates for quarterly profit and reported a higher operating margin at Express, its largest unit. Shares of the company rose 12.4% to $297.75 before the bell, with rival UPS up 3.5%. FedEx ( FDX ) has taken several measures to protect margins...
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Mar 22, 2024
05:04 AM EDT, 03/22/2024 (MT Newswires) -- Hutchmed ( HCM ) said late Thursday it has started the registration stage for a phase 2/3 clinical trial of investigational drug sovleplenib for adult patients with warm antibody autoimmune hemolytic anemia in China. The move follows positive data from the proof-of-concept phase 2 stage of the trial and a consultation with the...
India stops taking Russian oil delivered on Sovcomflot tankers, Bloomberg News reports
India stops taking Russian oil delivered on Sovcomflot tankers, Bloomberg News reports
Mar 22, 2024
March 22 (Reuters) - All of India's refiners are now refusing to take Russian crude carried on PJSC Sovcomflot tankers due to U.S. sanctions, Bloomberg News reported on Friday. Reuters reported earlier this week that India's Reliance Industries, operator of the world's biggest refining complex, would not buy Russian oil loaded on tankers operated by shipper Sovcomflot (SCF) after recent...
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Cryptocurrency >
Tether (USDT) Stablecoin Still on Top, But for How Long?
Tether (USDT) Stablecoin Still on Top, But for How Long?
Apr 30, 2024
Tether (USDT) has long reigned as the largest stablecoin in the cryptocurrency market, with its widespread adoption and liquidity making it a staple for traders and investors. However, recent reports suggest that its dominance is facing challenges. Despite holding onto the top spot, Tether is gradually losing its market share, largely due to intense competition. Tether Losing Market Share The...
As Ripple v. SEC Trial Rages on, the XRP Price Continues Crashing: How Low Can it Go?
As Ripple v. SEC Trial Rages on, the XRP Price Continues Crashing: How Low Can it Go?
Apr 30, 2024
After experiencing a significant plummet, Ripple broke below its multi-month ascending trendline and retraced toward the breached level, completing a pullback. This price action suggests a bearish sentiment in the market, potentially leading to a continuation of the downward retracement. XRP Analysis By Shayan The Daily Chart Upon thoroughly examining the daily chart, its apparent that XRP underwent a substantial...
Oil Prices Drop after US Employment Data Lifts USD, FOMC Next
Oil Prices Drop after US Employment Data Lifts USD, FOMC Next
Apr 30, 2024
Oil (Brent Crude, WTI) Analysis Topside surprise in US employment costs stoke USD and ‘higher for longer’ narrative ahead of FOMC meetingEIA revision sees US oil demand rise in FebruaryBrent crude, WTI turn lower with key support levels in sightGet your hands on the Oil Q2 outlook today for exclusive insights into key market catalysts that should be on every...
Ripple (XRP) Bull Run Still Possible But Under This Condition: Analyst
Ripple (XRP) Bull Run Still Possible But Under This Condition: Analyst
Apr 30, 2024
TL;DR Despite the recent market downturn and XRPs price falling below $0.50, analysts like Dark Defender predict it could still reach highs of over $5 if key support levels are maintained. The outcome of the ongoing legal battle between Ripple and the SEC remains a critical factor for the assets future prospects, with recent court activities adding to the cases...
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