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Aussie skids to 2-1/5 month low as inflation cools
Aussie skids to 2-1/5 month low as inflation cools
Oct 30, 2024
The Australian dollar tumbled in Asian trade on Wednesday to 2-⅕ month lows against the US dollar, sharpening the decline for the fourth straight session after inflation in Australia cooled to three-year lows, reducing the pressure on the Reserve Bank of Australia. The new data boosted the odds of an interest rate cut by the RBA in December, as investors...
US dollar heads for fresh weekly profit
US dollar heads for fresh weekly profit
Oct 26, 2024
The US dollar rose in European trade on Friday against a basket of major rivals, resuming gains after a short hiatus, and approaching three-month highs once more. The gains come amid a surge in US 10-year treasury yields after bullish remarks from some Fed officials, and strong US data, which hurt the odds of an aggressive pace for US interest...
Euro hits one-week high ahead of German inflation data
Euro hits one-week high ahead of German inflation data
Oct 30, 2024
Euro rose in European trade on Wednesday on track for the third profit in a row against the US dollar, hitting a week high after data showed Spanish inflation rose past estimates in October, renewing the pressure on the European Central Bank. The odds of a 0.25% ECB interest rate cut in December dipped, with investors now waiting for official...
Yen skids to three-month low as the gap in treasury yields widens
Yen skids to three-month low as the gap in treasury yields widens
Oct 26, 2024
The yen fell in European trade on Wednesday against a basket of major rivals, sharpening the losses for the third straight session against the US dollar and hitting three-month lows amid concerns about a wider US-Japan gap in government treasury yields. Recent bearish remarks from Japanese officials hurt the odds of a third BOJ interest rate hike this year, while...
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Gold Rises on Rate-Cut Hopes as U.S. Wholesale Price Inflation Slowed in September
Gold Rises on Rate-Cut Hopes as U.S. Wholesale Price Inflation Slowed in September
Nov 25, 2025
09:03 AM EST, 11/25/2025 (MT Newswires) -- Gold traded higher early on Tuesday on rising hopes for December rate cut from the Federal Reserve while a delayed report on U.S. wholesale price inflation in September matched expectations. Gold for February delivery was last seen up US$45.00 to US$4,175.80 per ounce. In a report delayed by the U.S. government shutdown, the...
Sector Update: Tech
Sector Update: Tech
Nov 25, 2025
08:51 AM EST, 11/25/2025 (MT Newswires) -- Technology stocks were declining pre-bell Tuesday, with The Technology Select Sector SPDR Fund (XLK) down 1% and the SPDR S&P Semiconductor ETF (XSD) 0.2% lower. Nvidia ( NVDA ) shares were down more than 4% after The Information reported Monday that Meta Platforms ( META ) is contemplating using artificial intelligence chips designed...
US STOCKS-Wall Street set for subdued open as investors assess data, Alphabet shines
US STOCKS-Wall Street set for subdued open as investors assess data, Alphabet shines
Nov 25, 2025
* Futures: Dow up 0.06%, S&P 500 off 0.03%, Nasdaq down 0.23% * Alphabet up after report on talks with Meta to supply AI chips * Nvidia ( NVDA ), AMD lead declines after Alphabet report * Retail sales, producer inflation data in focus (Updates to before markets open) By Johann M Cherian Nov 25 (Reuters) - Wall Street's main...
Sector Update: Energy
Sector Update: Energy
Nov 25, 2025
09:10 AM EST, 11/25/2025 (MT Newswires) -- Energy stocks were leaning lower premarket Tuesday, with the Energy Select Sector SPDR Fund (XLE) declining by 0.5%. The United States Oil Fund (USO) was down 2.3% and the United States Natural Gas Fund (UNG) was 5% lower. Front-month US West Intermediate crude oil was down 1.7% at $57.86 per barrel at the...
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Bitcoin Struggles at $66K; Ripple’s XRP Defies Bearish Momentum (Market Watch)
Bitcoin Struggles at $66K; Ripple’s XRP Defies Bearish Momentum (Market Watch)
Mar 22, 2024
The cryptocurrency market has failed to recover as swiftly as many expected it to, and Bitcoins price seems to be struggling to break above $66K definitively. Most of the altcoins are also trading in the red, with two notable exceptions. Bitcoin Fails at $66K As seen in the chart below, Bitcoins price was unable to retain its bullish momentum that...
Solana Flips Ethereum: Captures Nearly Half of Global Crypto Investor Interest: Report
Solana Flips Ethereum: Captures Nearly Half of Global Crypto Investor Interest: Report
Mar 22, 2024
Solana (SOL) has become the most popular blockchain ecosystem in 2024, capturing nearly 50% of global crypto investor interest in chain-specific narratives, according to a recent report by crypto data aggregator CoinGecko. The report follows the accelerated resurgence of SOL this year, currently at $177 and getting closer to its 2021 highs. Another reason behind Solana’s massive traction is the...
Cardano on the Verge of Achieving a Massive Milestone: ADA Bull Run Imminent?
Cardano on the Verge of Achieving a Massive Milestone: ADA Bull Run Imminent?
Mar 22, 2024
Cardano (ADA) is showing strong growth in smart contract development. Since the beginning of the year, the number of Plutus scripts on the Cardano network, including Plutus V1 and V2, has surged by 171.45%,  At this pace, the Cardano network is adding nearly 500 new smart contracts daily. According to data from Cardano Blockchain Insights, the network has achieved 39,000...
Hacker Transfers $10M from 2023 Phishing Attack to Tornado Cash: CertiK
Hacker Transfers $10M from 2023 Phishing Attack to Tornado Cash: CertiK
Mar 22, 2024
Phishing scams have wreaked havoc in the digital asset ecosystem and are making a comeback amidst market-wide recovery. These attacks have grown increasingly sophisticated, leading to high-profile crypto investors, whales, and prominent industry figures becoming victims, ultimately resulting in substantial financial losses. In its latest update on March 21st, CertiK identified a deposit of 3,700 ETH into Tornado Cash on...
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