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Euro backs off two-week high on profit-taking
Euro backs off two-week high on profit-taking
Nov 17, 2025
The euro fell in the European market on Monday against a basket of major currencies, extending losses for the second consecutive day against the U.S. dollar and moving away from a two-week high, as corrective moves and profit-taking continued alongside a rebound in the U.S. currency supported by Federal Reserve officials. Expectations for a European rate cut in December remain...
Yen extends recovery from low levels despite negative pressures
Yen extends recovery from low levels despite negative pressures
Nov 14, 2025
The Japanese yen rose in Asian trade on Friday, extending its recovery for a second consecutive session from a nine-month low against the US dollar, supported by active buying at lower levels and by weakness in the US currency amid mounting concerns over an economic slowdown in the United States. Despite todays rebound, the yen remains on track to post...
Euro about to mark second weekly profit in row
Euro about to mark second weekly profit in row
Nov 14, 2025
The euro rose in European trade on Friday against a basket of major currencies, extending gains for a fourth consecutive session against the US dollar and approaching a two-week high. The single currency is on track to secure a second straight weekly advance, supported by broad weakness in the US dollar amid mounting concerns over an economic slowdown in the...
Yen hovers near nine-month nadir as the GDP shrinks
Yen hovers near nine-month nadir as the GDP shrinks
Nov 16, 2025
The Japanese yen fell in the Asian market on Monday against a basket of major currencies, extending losses for the second straight day against the U.S. dollar and moving closer to touching a nine-month low, after data showed that Japans economy contracted in the third quarter of this year due to U.S. tariffs. The data reinforces Prime Minister Sanae Takaichis...
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Sector Update: Tech
Sector Update: Tech
May 15, 2024
01:34 PM EDT, 05/15/2024 (MT Newswires) -- Tech stocks were gaining Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 2.1% and the SPDR S&P Semiconductor ETF (XSD) up 1.5%. The Philadelphia Semiconductor index climbed 2.3%. In corporate news, Monday.com ( MNDY ) lifted its full-year outlook Wednesday after the project management software provider's Q1 results topped market...
Sector Update: Tech Stocks Gain Wednesday Afternoon
Sector Update: Tech Stocks Gain Wednesday Afternoon
May 15, 2024
01:44 PM EDT, 05/15/2024 (MT Newswires) -- Tech stocks were higher Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 2.1% and the SPDR S&P Semiconductor ETF (XSD) up 1.5%. The Philadelphia Semiconductor index climbed 2.3%. In corporate news, Monday.com ( MNDY ) lifted its full-year outlook Wednesday after the project management software provider's Q1 results topped market...
Sector Update: Health Care
Sector Update: Health Care
May 15, 2024
01:37 PM EDT, 05/15/2024 (MT Newswires) -- Health care stocks were higher Wednesday afternoon, with the NYSE Health Care Index adding 1.1% and the Health Care Select Sector SPDR Fund (XLV) rising 1.3%. The iShares Biotechnology ETF (IBB) gained 1.6%. In corporate news, Biogen (BIIB) and Eisai said late Tuesday that Eisai initiated a rolling submission of a biologics license...
Sector Update: Financial
Sector Update: Financial
May 15, 2024
01:32 PM EDT, 05/15/2024 (MT Newswires) -- Financial stocks were advancing in Wednesday afternoon trading, with the NYSE Financial Index rising 0.7% and the Financial Select Sector SPDR Fund (XLF) ahead 0.5%. The Philadelphia Housing Index was climbing 3.1%, and the Real Estate Select Sector SPDR Fund (XLRE) was up 1.6%. Bitcoin (BTC-USD) gained 5.5% to $64,932, and the yield...
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Cathie Wood-Led Ark Picks Up $5.3M Worth Of TSMC Shares— Also Picks Up Palantir, Amazon Stock Amid Ongoing AI Frenzy
Cathie Wood-Led Ark Picks Up $5.3M Worth Of TSMC Shares— Also Picks Up Palantir, Amazon Stock Amid Ongoing AI Frenzy
Jun 17, 2024
On Monday, Cathie Wood-led Ark Invest made some significant trades, with Palantir Technologies Inc. ( PLTR ) , Taiwan Semiconductor Manufacturing Co Ltd ( TSM ) , and Amazon.com Inc. ( AMZN ) emerging as the most prominent ones. These trades were made amid the ongoing AI frenzy that has enveloped Wall Street. The TSMC Trade: The ARK Next Generation...
Crude oil price surpasses the first target – Forecast today - 18-06-2024
Crude oil price surpasses the first target – Forecast today - 18-06-2024
Jun 17, 2024
Crude Oil Price Analysis Expected Scenario Crude oil price rallied upwards strongly yesterday, as it completed forming the bullish pennants pattern to surpass our first target at 79.55$ and settles above it, reinforcing the expectations of continuing the domination of the bullish trend in the upcoming sessions, reminding you that our next target is located at 81.50$. Therefore, we will...
Soybean price achieves the target – Forecast today - 18-06-2024
Soybean price achieves the target – Forecast today - 18-06-2024
Jun 17, 2024
Soybean Price Analysis Expected Scenario Soybean price succeeded to reach few pips away from our waited target at 1131.40$, showing some slight bullish bias affected by stochastic positivity, while the EMA50 forms continuous negative pressure against the price, to support the chances of continuing the domination of the bearish trend on the intraday and short-term basis, noting that breaking the...
Wheat price hits the target – Forecast today - 18-06-2024
Wheat price hits the target – Forecast today - 18-06-2024
Jun 17, 2024
Wheat Price Analysis Expected Scenario Wheat price continued to decline to succeed achieving our waited target at 605.80$, noticing that the price closed the daily candlestick below it, to reinforce the chances of continuing the decline and achieve new negative targets that reach 576.90$. Therefore, we will continue to suggest the bearish trend for the upcoming period, taking into consideration...
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Meta's Instagram down for thousands, Downdetector shows
Meta's Instagram down for thousands, Downdetector shows
Mar 21, 2024
March 21 (Reuters) - Meta Platforms's ( META ) Instagram was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. ...
Ecopetrol's Reficar wins court judgment in long-running dispute with McDermott
Ecopetrol's Reficar wins court judgment in long-running dispute with McDermott
Mar 21, 2024
BOGOTA, March 21 (Reuters) - Colombia's Ecopetrol said on Thursday its Reficar oil refinery was awarded 19.9% of the common capital in U.S. infrastructure firm McDermott in preferential shares by a judge in Amsterdam. The Reficar refinery is located in the Colombian city of Cartagena, and has been the subject of a prolonged international dispute dating back to the facility's...
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Mar 21, 2024
BOGOTA, March 21 (Reuters) - The Reficar oil refinery belonging to Colombia's Ecopetrol was awarded 19.9% of the common capital in infrastructure firm McDermott in preferential shares by a judge in Amsterdam, Ecopetrol said in a statement on Thursday. The refinery is located in the Colombian city of Cartagena. ...
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Mar 21, 2024
(Reuters) -Luggage maker Samsonite International ( SMSOF ) on Friday said it plans to pursue a dual listing in addition to its listing on the Hong Kong Stock Exchange to increase the liquidity of its shares and reach investors in more markets. Samsonite ( SMSOF ) did not provide details of the exchanges it is considering for the second listing,...
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Bitcoin Leaves Exchanges in Droves as Daily New Addresses Increase
Bitcoin Leaves Exchanges in Droves as Daily New Addresses Increase
Jul 31, 2024
Bitcoin (BTC) investors are moving their assets out of crypto exchanges at an increasing rate. An analysis from on-chain intelligence platform CryptoQuant revealed that over the past few days, exchanges have witnessed a rising outflow of BTC, even though the leading digital currency has been in a fluctuation area since February. While the outflows from exchanges continue, new BTC addresses...
Why is the Shiba Inu (SHIB) Price Down This Week?
Why is the Shiba Inu (SHIB) Price Down This Week?
Jul 31, 2024
SHIB fell by 5% on the weekly chart after bulls failed to control the price. Key Support levels: $0.000014 Key Resistance levels: $0.000018 1. SHIB Remains Bearish Despite a short attempt at breaking the key resistance at $0.000018, SHIB was quick to turn back and resume its downtrend. The current price action is bearish, and if nothing changes, bulls will...
Strong Accumulation Demand for XRP as Ripple Price Tapped 4
Strong Accumulation Demand for XRP as Ripple Price Tapped 4
Jul 31, 2024
XRP climbed to $0.66 on Wednesday, surging by 8% over the past 24 hours from $0.60, a level last seen in the third week of March. The latest upward price action comes amidst important developments in the XRP ecosystem and renewed investor optimism in the market as the accumulation trend intensifies. XRP Accumulation There has been a significant surge in...
Grayscale Launches Mini Spot Bitcoin ETF at ‘Ultra
Grayscale Launches Mini Spot Bitcoin ETF at ‘Ultra
Jul 31, 2024
The crypto investment management company has launched a new product called the Grayscale Bitcoin Mini Trust, which has the ticker $BTC. The new offering, endorsed as a spin-off of Grayscale’s Bitcoin exchange-traded fund (ETF) GBTC, has a competitive, “ultra-low” fee of 0.15%. Grayscale’s New Spin-Off Fund Months ago, Grayscale filed for the Mini Trust fund with the United States Securities...
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