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Aussie hits one-week high after strong wages data
Aussie hits one-week high after strong wages data
May 25, 2025
The Australian dollar rose in Asian trade on Wednesday against a basket of major rivals, expanding gains for the second straight session against the US dollar and hitting a week high, while approaching five-week highs following strong Australian wages data. The data renewed inflationary pressures on the Reserve Bank of Australias policymakers, which hurt the odds of a rate cut...
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 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...
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...
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CoreWeave, Nvidia, Wells Fargo, CrowdStrike, Robinhood: Why These 5 Stocks Are On Investors' Radars Today
CoreWeave, Nvidia, Wells Fargo, CrowdStrike, Robinhood: Why These 5 Stocks Are On Investors' Radars Today
Jun 3, 2025
U.S. stock markets ended the day in the green, with the Nasdaq climbing more than 150 points, up 0.8% to 19,398.86. The S&P 500 advanced 0.58% to finish at 5,970.37, while the Dow Jones Industrial Average added 0.5%, closing at 42,519.64. These are the top stocks that gained the attention of retail traders and investors throughout the day: CoreWeave Inc....
US STOCKS-US stock futures rise as tech shares find support
US STOCKS-US stock futures rise as tech shares find support
Jun 4, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures up: Dow 0.14%, S&P 500 0.2%, Nasdaq 0.17% June 4 (Reuters) - U.S. stock index futures edged higher on Wednesday as Hewlett Packard Enterprise's ( HPE ) results fanned AI optimism and tech shares gained, while investors awaited...
Nasdaq Surges Over 150 Points Amid Rise In Nvidia Shares: Investor Sentiment Improves, Fear Index In 'Greed' Zone
Nasdaq Surges Over 150 Points Amid Rise In Nvidia Shares: Investor Sentiment Improves, Fear Index In 'Greed' Zone
Jun 4, 2025
The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index was in the “Greed” zone on Tuesday. U.S. stocks settled higher on Tuesday, with the Dow Jones index gaining more than 200 points during the session. Shares of Nvidia Corp. ( NVDA ) surged around 3% on Tuesday. Dollar General Corp. (...
COLUMN-Foreign exposure to US assets may be lower than feared: McGeever
COLUMN-Foreign exposure to US assets may be lower than feared: McGeever
Jun 3, 2025
ORLANDO, Florida, June 3 (Reuters) - It is widely believed that investors around the world have a disproportionately high exposure to U.S. assets, particularly stocks, an imbalance that could roil U.S. markets if corrected. But what if these fears are overblown? Several eye-popping statistics suggest that America's weight in world financial markets is even greater than its outsized economic might....
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Crude oil price forecast update 24-05-2024
Crude oil price forecast update 24-05-2024
May 24, 2024
Crude Oil Price Analysis Expected Scenario Crude oil price settles around 77.00$ barrier, waiting to get new negative motive that assist to push the price to resume the expected bearish wave for today, which targets 75.24$ as a next station, noting that the EMA50 continues to support the expected decline, which will remain valid unless breaching 77.64$ and holding above...
Natural gas price touches the target – Forecast today – 24-5-2024
Natural gas price touches the target – Forecast today – 24-5-2024
May 24, 2024
Natural Gas Price Analysis Expected Scenario The natural gas price lost the positive momentum yesterday, to form correctional bearish wave after touching the target at 3.170$ and test 2.920$ support line, while the current positive scenario depends on the strength of this support to increase the chances of gathering the positive momentum and start forming bullish waves to repeat the...
Gold price forecast update 24-05-2024
Gold price forecast update 24-05-2024
May 24, 2024
Gold Price Analysis Expected Scenario Gold price is testing the key resistance line 2340.10$, and as we mentioned this morning, the price needs to hold below this level to keep the correctional bearish trend valid, reminding you that our next target is located at 2272.06$. On the other hand, we should note that breaching 2340.10$ and holding above it will...
Silver price forecast update 24-05-2024
Silver price forecast update 24-05-2024
May 24, 2024
Silver Price Analysis Expected Scenario Silver price tested the broken bullish trend line again and keeps its stability below it, to keep the bearish trend suggested for today, and we still waiting to break 30.06$ to confirm rallying towards our next negative target at 29.30$, reminding you that the continuation of the bearish wave depends on the price stability below...
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Binance Will Temporarily Suspend All Withdrawals and Deposits This Week: Check Out Why
Binance Will Temporarily Suspend All Withdrawals and Deposits This Week: Check Out Why
Jul 29, 2025
TL;DR Binance will pause all deposits and withdrawals on July 31 during a wallet maintenance.  The company has recently implemented numerous changes to its platform, with some community members speculating that it may list Pi Network (PI) next month. The Upcoming Disruption The worlds leading crypto exchange announced that deposits and withdrawals for all networks will be paused on July...
Altcoin Momentum Builds as Market Fragility Rises: Bitfinex Alpha
Altcoin Momentum Builds as Market Fragility Rises: Bitfinex Alpha
Jul 29, 2025
Over the past few weeks, crypto investors have been rotating their capital from bitcoin (BTC) into altcoins. That trend has not stopped. In fact, the market is witnessing a growing risk appetite among traders. According to a weekly report by the crypto exchange Bitfinex, this trend is also evident in open interest ratios. Investors are deploying high leverage on volatile...
Ethereum Price Analysis: How Close Is ETH to Breaking Above $4K?
Ethereum Price Analysis: How Close Is ETH to Breaking Above $4K?
Jul 29, 2025
Ethereum’s price is very close to making a new high in 2025, following Bitcoin’s recent record-breaking run. However, there are some signs of caution, as the market might be overheated, as momentum indicators suggest. Therefore, while the market structure is still bullish, this might not be a good time to buy ETH due to its riskiness. Technical Analysis By ShayanMarkets...
RedStone Brings Real
RedStone Brings Real
Jul 29, 2025
The blockchain oracle company Redstone, which feeds data across hundreds of chains and rollups, has introduced a product designed to limit losses. It will be fueled by FastLane Labs Atlas, an execution abstraction protocol for securing on-chain apps. Instantaneous Results In a press release shared with CryptoPotato, Redstone, a modular oracle infrastructure for on-chain finance, announced the launch of Atom today, the...
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