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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...
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...
Yen skids to three-month trough as Japanese governing coalition loses majority
Yen skids to three-month trough as Japanese governing coalition loses majority
Oct 28, 2024
The Japanese yen skidded in Asian trade on Monday to three-month lows against the US dollar, after the election loss by the current Japanese parliamentary governing coalition, which could impede future interest rate hikes by the Bank of Japan. The yen is also pressured by a surge in US 10-year treasury yields, amid speculation about a cautious stance by the...
Euro rebounds ahead of major eurozone data
Euro rebounds ahead of major eurozone data
Oct 27, 2024
The euro rose in European trade on Thursday against a basket of major rivals after a wave of losses across three sessions, with the euro eventually settling above 3-⅕ month lows against the US dollar. It comes ahead of major data on the eurozone sectors later today, which would shed important light on the health of the European economy in...
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Bitcoin (BTCUSD) attempts to offload its overbought condition -Analysis-26-06-2025
Bitcoin (BTCUSD) attempts to offload its overbought condition -Analysis-26-06-2025
Jun 25, 2025
The price of Bitcoin (BTCUSD) fluctuated in its recent intraday trading, and it is attempting to gain a positive momentum that assists it to rally in a new strong bullish wave, taking advantage of its exit from minor bearish channels range that was confining its trading on the short-term basis. On the other hand, the price is under technical press,...
Gold price is under negative pressure -Analysis-26-06-2025
Gold price is under negative pressure -Analysis-26-06-2025
Jun 25, 2025
The (Gold) price declined in its last intraday trading, after recording cautious gains in the previous sessions supported by the emergence of the positive signals on the (RSI), despite its stability in exaggerated overbought levels compared by the price move. Despite this temporary technical support, the price remains suffering from clear negative pressure, due to its stability below EMA50, and...
EURUSD gets ready for new rise -Analysis-26-06-2025
EURUSD gets ready for new rise -Analysis-26-06-2025
Jun 25, 2025
The (EURUSD) extended its gains in its last intraday trading, reaching our target at 1.1680, taking advantage of the ascending bullish momentum after offloading its clear overbought conditions on the (RSI). This positive performance came under the dominance of the main bullish trend on the short-term basis, with the continuation of the trading alongside a bullish bias line, reinforcing the...
US seeks extradition of alleged hacker arrested in France
US seeks extradition of alleged hacker arrested in France
Jun 25, 2025
(Reuters) -U.S. prosecutors have charged a British national with data theft and related cybercrime offences, and are seeking to extradite the alleged hacker from France, the U.S. Justice Department said on Wednesday. Kai West, who was arrested in France in February, was part of a wider group of hackers who were active selling or giving away stolen data on a...
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Wartsila CEO says US energy transition will continue despite Trump
Wartsila CEO says US energy transition will continue despite Trump
Feb 5, 2025
HELSINKI (Reuters) - The transition from fossil fuels to renewable energy will continue in the U.S. despite President Donald Trump's tariffs due to renewable energy's cheaper pricing, the CEO of power plant maker Wartsila said on Wednesday. President Trump has laid out a sweeping plan to maximize oil and gas production, including by declaring a national energy emergency to speed...
Ford Motor Appoints Sherry House as CFO
Ford Motor Appoints Sherry House as CFO
Feb 5, 2025
08:34 AM EST, 02/05/2025 (MT Newswires) -- Ford Motor ( F ) said Wednesday that Sherry House has been named to succeed John Lawler as chief financial officer, effective Feb. 6. House has served as vice president of finance since June 2024, the company said Lawler will continue to serve as Ford's vice chair, focusing on strategy, partnerships, alliances, and...
Starbucks, AutoZone, Deckers Outdoor And A Tech Stock On CNBC's 'Final Trades'
Starbucks, AutoZone, Deckers Outdoor And A Tech Stock On CNBC's 'Final Trades'
Feb 5, 2025
On CNBC's “Halftime Report Final Trades,” Joshua Brown of Ritholtz Wealth Management said Starbucks Corporation ( SBUX ) hit a new 52-week high on Tuesday, but not an all-time high, that's closer to 120. The company reported great earnings results, he noted. On Jan. 28, Starbucks ( SBUX ) reported first-quarter revenue of $9.4 billion, beating the consensus estimate of...
Versace, Jimmy Choo Parent Capri Q3: Earnings Miss, Sales Decline, Lackluster Outlook & More
Versace, Jimmy Choo Parent Capri Q3: Earnings Miss, Sales Decline, Lackluster Outlook & More
Feb 5, 2025
Capri Holdings Limited ( CPRI ) shares are trading lower in the premarket session on Wednesday. The company reported that third-quarter adjusted earnings per share was 45 cents, missing the street view of 66 cents. Quarterly sales of $1.26 billion aligned with the analyst consensus estimate. Revenue decreased 11.6% on a reported basis and 11.4% in constant currency. Total company...
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