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US dollar retreats to 10-day trough as tariffs get into effect
US dollar retreats to 10-day trough as tariffs get into effect
Aug 7, 2025
The US dollar continued its decline against major currencies on Thursday, as growing expectations of interest rate cuts by the Federal Reserve combined with rising concerns over partisan divisions creeping into key American institutions. Initial jobless claims in the US are under scrutiny after last weeks disappointing employment data, which contributed to the dollars weakness. In contrast, the euro found...
US dollar trades in a tight range ahead of Trump's Fed appointment decisions
US dollar trades in a tight range ahead of Trump's Fed appointment decisions
Aug 6, 2025
The US dollar remained confined within its recent trading range on Wednesday, as investors chose to stay neutral following another round of weak US economic data and ahead of President Donald Trumps upcoming appointment to the Federal Reserve Board. Trump said on Tuesday that he would decide on a nominee to replace outgoing board member Adriana Kugler by the end...
Kiwi extends gains after data
Kiwi extends gains after data
Aug 7, 2025
The New Zealand dollar rose on Thursday against most major currencies following the release of economic data. Government data published earlier today showed that New Zealands quarterly inflation expectations for Q3 2025 came in at 2.28%, slightly down from the previous reading of 2.29%. As of 21:00 GMT, the New Zealand dollar climbed 0.5% against the US dollar to trade...
Sterling hits a week high before BOE decision
Sterling hits a week high before BOE decision
Aug 7, 2025
The British pound rose in European trading on Thursday against a basket of global currencies, extending gains for the fifth consecutive day against the US dollar and reaching its highest level in a week, supported by weakness in the US currency in the forex market. This rise comes ahead of the Bank of Englands monetary policy decision at the conclusion...
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Wall Street warns human-built markets can’t keep up with machine-speed trading
Wall Street warns human-built markets can’t keep up with machine-speed trading
May 5, 2026
Miami Beach, FL — A growing group of Wall Street and crypto executives say the financial system is heading toward a breaking point, as markets shift from human-paced processes to machine-driven activity that runs around the clock. “We’re moving to a world where transactions happen at a speed no human can track,” Sandy Kaul, head of digital assets and innovation...
Top Midday Stories: PayPal Q2 EPS Guide Undershoots Expectations, Plans 20% Workforce Cut; Palantir Shares Fall Despite Strong Earnings, Guidance
Top Midday Stories: PayPal Q2 EPS Guide Undershoots Expectations, Plans 20% Workforce Cut; Palantir Shares Fall Despite Strong Earnings, Guidance
May 5, 2026
11:53 AM EDT, 05/05/2026 (MT Newswires) -- All three major US stock indexes were up in late-morning trading Tuesday, as oil prices slid despite new attacks in the Strait of Hormuz. In company news, PayPal ( PYPL ) reported Q1 non-GAAP earnings Tuesday of $1.34 per diluted share, up from $1.33 a year earlier and above the FactSet consensus estimate...
FTSE 100 slides as HSBC's results, inflation fears dent sentiment
FTSE 100 slides as HSBC's results, inflation fears dent sentiment
May 5, 2026
May 5 (Reuters) - The UK's FTSE 100 slid more than 1% on Tuesday, as traders returned from a bank holiday to witness a rout in financial stocks driven by HSBC's ( HSBC ) surprise loss and concerns about the U.S.-Iran conflict. The blue-chip FTSE 100 dropped 1.4% to 10,219.1 points at the close, clocking its biggest one-day drop since...
TREASURIES-US Treasury yields dip as Iran ceasefire holds and crude prices fall
TREASURIES-US Treasury yields dip as Iran ceasefire holds and crude prices fall
May 5, 2026
* Crude prices drop but remain volatile after recent Middle East tensions * Job openings fall but above expectations * ISM Services expansion slows for second straight month By Chuck Mikolajczak NEW YORK, May 5 (Reuters) - U.S. Treasury yields fell on Tuesday, along with a decline in crude prices as there were no fresh signs of escalation in the...
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Target Likely to Report Weak Q1, Outlook, Morgan Stanley Says
Target Likely to Report Weak Q1, Outlook, Morgan Stanley Says
May 26, 2025
12:06 PM EDT, 05/13/2025 (MT Newswires) -- Target ( TGT ) is likely to report a weak Q1 and guidance amid undemanding valuation, Morgan Stanley said in a Monday note. While 1Q25e comps have likely slowed, and '25e guidance is due for revision, undemanding valuation should limit near-term downside, the report said. It said a widening in valuation discount of...
Medical Technology Firms Face Price Target Revisions From Morgan Stanley
Medical Technology Firms Face Price Target Revisions From Morgan Stanley
May 26, 2025
12:10 PM EDT, 05/13/2025 (MT Newswires) -- Morgan Stanley has revised the price targets of a number of medical technology firms in a Tuesday note. RxSight ( RXST ) has observed a challenging spending environment for its target demographic of adults in the 65-75 age range, Morgan Stanley analysts said, adding that patients are deferring procedures and opting for lower-cost...
United Airlines may not get 737 MAX 10s until 2027 or 2028, exec says
United Airlines may not get 737 MAX 10s until 2027 or 2028, exec says
May 26, 2025
NEW YORK, May 13 (Reuters) - United Airlines may not take delivery of the Boeing 737 MAX 10 until 2027 or 2028 because of uncertainty about when the plane will be approved for use, an executive said Tuesday. Boeing ( BA ) has faced significant delays in getting the smaller MAX 7 certified, which must be approved before the Federal...
Update: Paramount Resources Surges Nearly 7% as Q1 Earnings Jump; 2025 Capital Expenditures Guidance Boosted
Update: Paramount Resources Surges Nearly 7% as Q1 Earnings Jump; 2025 Capital Expenditures Guidance Boosted
May 26, 2025
12:07 PM EDT, 05/13/2025 (MT Newswires) -- (Updates shares.) Paramount Resources ( PRMRF ) on Tuesday said its profit surged in the first quarter and revised its 2025 capital expenditures guidance due to work at the Sinclair operation in Alberta. The Western Canadian oil and gas producer said it earned of $1.29 billion, or $8.74 per share in the quarter,...
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Santiment: Bitcoin, Ethereum, Ripple, and Solana See Widespread FUD
Santiment: Bitcoin, Ethereum, Ripple, and Solana See Widespread FUD
Feb 26, 2025
The cryptocurrency market is facing intense fear, uncertainty, and doubt (FUD), with sentiment around several top assets at extreme bearish levels. Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Solana (SOL) have all suffered significant declines, pushing traders into panic mode, but history suggests a potential bottom may be near. Market Sentiment Hits Rock Bottom According to on-chain analytics from the...
BTC Price Calms at $89K After Tuesday Massacre, XRP Recovers 8% Daily (Market Watch)
BTC Price Calms at $89K After Tuesday Massacre, XRP Recovers 8% Daily (Market Watch)
Feb 26, 2025
After losing over ten grand within a day, bitcoins price movements have calmed in the past several hours, and the asset stands at around $89,000. Many altcoins have turned green now but are still deep in the red compared to the valuations since this weekend. BTC Calms at $89K It was less than a week ago, on Friday when the...
US Spot Bitcoin ETFs Record Largest Daily Outflow of $938M as BTC Struggles Below $90K
US Spot Bitcoin ETFs Record Largest Daily Outflow of $938M as BTC Struggles Below $90K
Feb 26, 2025
The United States spot Bitcoin exchange-traded fund (ETF) market has crowned its six-day negative flow streak with the largest-ever single-day outflow of nearly $938 million. This record came as bitcoin (BTC) dumped below $87,000 to its lowest level since mid-November. Data from Farside Investors shows that almost every single spot Bitcoin ETF in the U.S. witnessed outflows on Tuesday, February...
Pi Network (PI) Hits an ATH: Can the Price Reach $10 This Year?
Pi Network (PI) Hits an ATH: Can the Price Reach $10 This Year?
Feb 26, 2025
TL;DR PI surged by double digits in the past day, with predictions of a potential Binance listing pushing the tokens price to uncharted territory in the following months. Some of the exchanges that have already embraced the asset include Bitget, OKX, and MEXC, while Bybits CEO labeled Pi Network a scam. PI on the Run Contrary to the crypto market...
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