Japanese Yen (USD/JPY) Analysis BoJ minutes extend the ‘carry trade’ as officials rule out rapid rate hikesLike clockwork, Japan’s top currency diplomat voices dissatisfaction with recent yen volatility, weaknessIG Client sentiment ‘mixed’ despite massive short positioningThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library BoJ...

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 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...

Number of traders net-short has decreased by 16.42% from last week. SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OI Gold BEARISH 50.43% 49.57% 11.14% Daily7.51% Weekly 6.18% Daily-16.42% Weekly 8.62% Daily-5.85% Weekly Gold Bearish Data provided by of clients are net long. of clients are net short. Change in Longs Shorts OI Daily 11% 6% 9% Weekly 8% -16% -6%...

The Nifty Pharma Index is up 2 percent, it is at the high point of the day. Stocks like Cipla and Sun Pharma have outperformed the market. Overall it is defensive buying, if you look at it on a week-to-date basis as well as a month-to-date basis, the Nifty Pharma Index has outperformed the market. It might not be on a year-to-date basis but if you look at it, month-to-date, the Nifty Pharma Index is up around 2.8 percent. Nifty is just about down around 0.9 percent.

At the interbank foreign exchange market, the rupee opened weak at 76.34 against the American dollar and fell further during the session as investors moved away from riskier assets. The domestic unit oscillated between a high of 76.27 and a low of 76.72 during the session. The rupee finally settled at 76.61 against the dollar, down 18 paise from the previous close.

"We have got the approval of the DRHP and the next step would be to file the RHP, which will give details of the price band and the actual number of shares. We are watching the situation, and soon we will take a call on the timing of the share sale," an official told PTI.

Stock Market Highlights: Indian equity benchmarks Sensex and Nifty50 managed to close higher for a fourth straight day on Friday but lost steam. Gains in pharma stocks were offset by losses in select auto counters. Among heavyweights, strength in ITC and HDFC Bank kept the headline indices in the green, but losses in TCS and Maruti Suzuki limited the upside. Globally, investors turned cautious after a 40-year high reading in US consumer inflation fueling fears of aggressive hikes in pandemic-era interest rates. Nervousness also persisted among investors over the Russia-Ukraine war.

”If you’re watching television, the TV screen will flash the warning message and there will be audio too. If you’re listening to a song on the radio, it will be cut short and the alert will be aired. This will be done very shortly,” the official said.

Huawei Technologies has teamed up with China's Shaanxi Coal Industry Co to pilot the intelligent coal mine technology in two places. Smart coal mine sensors monitor parameters like gas build-up, ventilation levels and flooding, and send an alert if any of these reach a dangerous level. Sustainability too has to be factored into the equation, going forward.

The IT city is facing the worst of floods and social media is flooded with visuals from Bengaluru as residents expressed their anger, opinions, and interesting takes online.

On World Environment Day 2022, we take a look at the tech sector that alone is responsible for 2-3 percent of the global greenhouse gas emissions. See how technology impacts the environment and what the big companies are doing.

British politics is abuzz with musical chairs like excitement. PM Rishi Sunak, who had to remove his outspoken interior minister Suella Braverman for her article on a pro-Palestine march in UK, has brought ex-PM David Cameron — who had lost the top job over Brexit — back into the fresh equation.

Besides Clapton, Alicia Silverstone, Rob Schneider and Woody Harrelson (who later retracted) have publicly supported RFK Jr, who reportedly said COVID-19 may just be 'ethnically targeted.' The virus targets Caucasians and Black people while sparing Ashkenazi Jewish people and Chinese people, he said at a New York dinner.

Canadian Prime Minister Justin Trudeau also said on Tuesday (September 19) his government does not seek to 'escalate' tensions with India. This, in the backdrop of the two countries expelling a senior diplomat each.

The investigation moving forward would be the most productive thing that can happen now, according to Blinken's statement.

TOKYO (Reuters) -Japanese firms have agreed to raise pay by 5.25% this year, the biggest rise under comparable data since 2013, the country's largest union group Rengo confirmed on Friday. The results of the closely-watched wage negotiations are announced in several stages, in which the blue-chip firms are first to wrap up their talks in mid-March. The second announcement on...

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...

(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...

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...

The X account of French football star Kylian Mbappe was reportedly hacked on August 29, with the attackers posting multiple messages promoting a suspicious cryptocurrency named $MBAPPE.  The posts, which also included opinions on contentious topics such as the Israel-Palestine conflict, caught the attention of many, leading to significant financial losses for some. Investor Loses Over $1 Million According to...

The leading Bitcoin layer-2 network, Stacks, has commenced implementing its Nakamoto upgrade, which will enhance functionality and integration with its base blockchain. According to a press release shared with CryptoPotato, Stacks began the Nakamoto Activation Sequence on August 28. The process has four key steps, including the final code delivery, Cycle 92; the upgrade period for network operators; Cycle 93,...

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) This week, Ethereum re-tested the support at $2,400, and so far, buyers managed to defend this level well. On Thursday, ETH managed to recover some of the recent losses and spiked toward $2,600 again but was stopped there and pushed south by around...

Richard Teng has dismissed allegations made by Ray Youssef, founder of the peer-to-peer Bitcoin (BTC) trading platform NoOnes, that the crypto exchange froze Palestinian assets on the exchange at the request of Israeli authorities. The controversy started following Youssef’s August 26 message on X, where he accused Binance of complying with directives to freeze accounts connected to Palestinian users. Teng...