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Aussie drops after wages data
Aussie drops after wages data
May 25, 2025
The Australian dollar fell against most major rivals on Wednesday following labor data. Australian wages rose 0.9% in the first quarter of the year, above estimates of 0.8%. On trading, the AUD/USD pair rose 0.7% as of 20:56 GMT to 0.6428. Loonie The Canadian dollar fell 0.3% against the greenback as of 20:56 GMT to $0.7155. The US Dollar The...
Aussie falls and shrugs off strong employment data
Aussie falls and shrugs off strong employment data
May 25, 2025
The Australian dollar fell against most major rivals on Thursday despite strong labor data. Australia's unemployment rate was unchanged in April at 4.1%, same as March, and matching expectations. The Australian economy added 89.0 thousand new jobs in April, easily beating estimates of a 20.9 thousand addition, while March's reading was revised to show the addition of 32.2 thousand jobs...
Aussie moves in a positive zone after inflation data
Aussie moves in a positive zone after inflation data
May 25, 2025
The Australian dollar rose in Asian trade on Wednesday against the US dollar after a short hiatus yesterday, with the pair heading towards four-month high and about to mark the second monthly profit in a row. Earlier Sydney data showed inflationary pressures remained persistent on monetary policymakers, casting doubts on the odds of an Australian interest rate cut in May....
Aussie is worst performing currency after RBA rate cut
Aussie is worst performing currency after RBA rate cut
May 25, 2025
The Australian dollar tumbled on Tuesday against a basket of major rivals, resuming losses against the US counterpart after a short hiatus and becoming the worst performing G8 currency after the RBAs rate cut. The Reserve Bank of Australia voted to cut interest rates by 25 basis points to 3.85%, the lowest since May 2023, as inflation cooled. The Price...
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Corn price hits the target – Forecast today - 25-06-2024
Corn price hits the target – Forecast today - 25-06-2024
Jun 24, 2024
Corn Price Analysis Expected Scenario The corn price achieved the awaited target at 433.50$ and found solid support, showing temporary bullish bias. Stochastic is losing its positive momentum, suggesting potential for resuming negative trades to break below the mentioned level and target 422.00$ next. Expected Trading Range Between 425.00$ support and 445.00$ resistance. Trend Forecast: Bearish ...
Soybean price tests the resistance – Forecast today - 25-06-2024
Soybean price tests the resistance – Forecast today - 25-06-2024
Jun 24, 2024
Soybean Price Analysis Expected Scenario Soybean price bounced upwards clearly to test the key resistance 1131.40$, and the price keeps its stability below this level, noticing that the EMA50 meets this resistance to add more strength to it, while stochastic loses its positive momentum clearly. Therefore, these factors encourage us to keep our expectations of continuing the domination of the...
India to kick off $11.5 billion telecom auction
India to kick off $11.5 billion telecom auction
Jun 24, 2024
BENGALURU (Reuters) - India will auction telecom spectrum worth up to 962.38 billion rupees ($11.53 billion) on Tuesday, it said in a release. Bharti Airtel, Vodafone Idea and Reliance Industries' Jio Infocomm will bid in the auctions, the notice added. ($1 = 83.4550 Indian rupees) ...
Sugar price approaches the target – Forecast today - 25-06-2024
Sugar price approaches the target – Forecast today - 25-06-2024
Jun 24, 2024
Sugar Price Analysis Expected Scenario Sugar price traded with clear positivity yesterday to reach the thresholds of the waited target at 19.82$, and the way seems open to surpass this level and achieve more gains in the upcoming period, as the price gets positive support by the technical indicators, to head towards targeting 20.55$ followed by 21.35$ areas as next...
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Virgin Australia reports second consecutive annual profit ahead of possible IPO
Virgin Australia reports second consecutive annual profit ahead of possible IPO
Oct 17, 2024
(Reuters) - Virgin Australia said on Monday it had recorded its second consecutive annual profit and a 6.8% year-on-year increase in revenue, putting it in a stronger financial position as it looks to pursue an eventual initial public offering. Qatar Airways said two weeks ago it would buy a 25% stake in Australia's No. 2 carrier, which would serve as...
Orion Appoints Natalia Scherbakoff as CTO
Orion Appoints Natalia Scherbakoff as CTO
Oct 17, 2024
05:31 PM EDT, 10/17/2024 (MT Newswires) -- Orion (OEC) said late Thursday it has named Natalia Scherbakoff as chief technology officer, succeeding David Deters, who is retiring. Scherbakoff served as vice president of technology and innovation at specialty materials company Trinseo (TSE). ...
Brazil's Assai cuts estimate for 2025 new store openings
Brazil's Assai cuts estimate for 2025 new store openings
Oct 17, 2024
SAO PAULO (Reuters) -Brazilian food retailer Assai said on Thursday it now forecasts it will open some 10 new stores next year, half the prior estimate of about 20, according to a securities filing. Assai, which operates a chain of stores in a hybrid wholesale format, has started last year to slow down its expected store openings as its management...
Musk's X seeks to steer lawsuits to conservative court in Texas
Musk's X seeks to steer lawsuits to conservative court in Texas
Oct 17, 2024
Platform X tells users to direct any lawsuits to Northern District of Texas Northern District is favored by conservatives for blocking Biden's agenda X's lawsuits against Media Matters and advertisers filed in Northern District By Nate Raymond Oct 17 (Reuters) - Elon Musk's X has updated its terms of service to steer any disputes by users of the social media...
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