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Gold IG Client Sentiment: Our data shows traders are now net
Gold IG Client Sentiment: Our data shows traders are now net
Mar 25, 2024
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%...
US Dollar Technical Analysis: EUR/USD & GBP/USD Rebound, USD/JPY Flat
US Dollar Technical Analysis: EUR/USD & GBP/USD Rebound, USD/JPY Flat
Mar 25, 2024
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...
Yen Update: USD/JPY Dips after BoJ Minutes, Concern over Volatile Moves
Yen Update: USD/JPY Dips after BoJ Minutes, Concern over Volatile Moves
Mar 25, 2024
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...
Markets Week Ahead: Gold Overreacts, Sterling Sinks and USD Advances
Markets Week Ahead: Gold Overreacts, Sterling Sinks and USD Advances
Mar 25, 2024
Gold Whipsaws and Signals a Potential Momentum Shift The precious metal rose phenomenally in the wake of the FOMC meeting and updated summary of economic projections. The US dollar acted as the release valve for all the hawkish sentiment that had been priced into the market. US activity, jobs and inflation data printed on the higher side of estimates in...
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US cruise stocks rise as Citi upbeat about strong growth indicators
US cruise stocks rise as Citi upbeat about strong growth indicators
Oct 10, 2024
(Reuters) - Shares of U.S. cruise operators, including Norwegian Cruise Line Holdings ( NCLH ), surged in midday trading on Wednesday as brokerage Citi gets bullish on the companies' long-term prospects. Shares of Norwegian Cruise were up as much as 11% following an upgrade from Citi to buy from neutral, while Royal Caribbean Group's shares reached an all-time high of...
Sector Update: Energy Stocks Advance in Wednesday Afternoon Trading
Sector Update: Energy Stocks Advance in Wednesday Afternoon Trading
Oct 10, 2024
01:43 PM EDT, 10/09/2024 (MT Newswires) -- Energy stocks were higher Wednesday afternoon, with the NYSE Energy Sector Index up 0.2% and the Energy Select Sector SPDR Fund (XLE) adding 0.6%. The Philadelphia Oil Service Sector index was 0.1% lower, and the Dow Jones US Utilities index was shedding 0.9%. US crude oil stocks, including those in the Strategic Petroleum...
US Equity Indexes Rise With Treasury Yields as Investors Await Impact of September's Inflation on Monetary Policy Focus
US Equity Indexes Rise With Treasury Yields as Investors Await Impact of September's Inflation on Monetary Policy Focus
Oct 10, 2024
01:36 PM EDT, 10/09/2024 (MT Newswires) -- US equity indexes rose and most government bond yields advanced as investors awaited September's consumer price inflation amid declining crude oil prices. The Nasdaq Composite rose 0.4% to 18,259.3, with the S&P 500 up 0.6% to 5,783.9 and the Dow Jones Industrial Average 0.9% higher at 42,474. The communication services sector was the...
Sector Update: Tech
Sector Update: Tech
Oct 10, 2024
01:35 PM EDT, 10/09/2024 (MT Newswires) -- Tech stocks were higher Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.9% and the SPDR S&P Semiconductor ETF (XSD) climbing 1.1%. The Philadelphia Semiconductor index added 0.6%. In corporate news, Alphabet's (GOOG) Google ( GOOG ) is facing a potential breakup of its search business by the US Department...
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Cryptobell.live Opens Applications for Future Episodes, Inviting Founders and Web3 Innovators to Join the Conversation
Cryptobell.live Opens Applications for Future Episodes, Inviting Founders and Web3 Innovators to Join the Conversation
May 13, 2026
New York, NY, USA, May 13, 2026 (GLOBE NEWSWIRE) -- Cryptobell.live has officially announced that applications are now open for future episodes as the platform expands its mission of bringing AI, blockchain, and crypto to mainstream America reaching 60+ million households by spotlighting the founders, executives, and innovators shaping the future of the digital economy. Image: https://ml.globenewswire.com/Resource/Download/5d57f1d7-4edb-4c45-a226-8b1d419be299/screenshot-2026-05-12-223637.png The initiative is designed...
C Speed Welcomes Dave Abel as CEO to Scale Mission-Critical Domain Awareness Capabilities
C Speed Welcomes Dave Abel as CEO to Scale Mission-Critical Domain Awareness Capabilities
May 13, 2026
LIVERPOOL, N.Y., May 13, 2026 /PRNewswire/ -- C Speed, a leading provider of advanced, American-made radar and surveillance solutions, today announced the appointment of Dave Abel as Chief Executive Officer. Abel succeeds Kevin McLaughlin, who led the company through a period of significant growth and maturation. Abel brings more than 30 years of experience leading public sector technology companies through...
MCAP Inc. Reports 1Q Earnings and 48% EBITDA Increase YoY
MCAP Inc. Reports 1Q Earnings and 48% EBITDA Increase YoY
May 13, 2026
ORLANDO, Fla., May 13, 2026 /PRNewswire/ -- MCAP Inc. ( MCAP ) , a financial technology and electronic securities market maker, today reported first quarter of 2026 net earnings of $0.13 per share. Quarterly revenue was $30.2mm resulting in quarterly EBITDA of $4.7mm. MCAP ( MCAP ) continues to expand through its investment in customer relationships, application software development, securities...
AMS Launches BeYourOwnTPA.com as F&I Software Consolidation Leaves Agencies Searching for Answers
AMS Launches BeYourOwnTPA.com as F&I Software Consolidation Leaves Agencies Searching for Answers
May 13, 2026
Windcrest, TEXAS, May 13, 2026 (GLOBE NEWSWIRE) -- As consolidation among the F&I software industry providers continues to reshape the competitive landscape, Administration Management Solutions (AMS) has launched BeYourOwnTPA.com, a free resource designed to help F&I agencies evaluate the operational and financial case for self-administration. The site arrives at a moment when agencies across the country are navigating rising software...
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Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Update: Market Chatter: Lululemon Athletica Cutting 150 Corporate Roles
Update: Market Chatter: Lululemon Athletica Cutting 150 Corporate Roles
Jun 18, 2025
01:51 PM EDT, 06/18/2025 (MT Newswires) -- (Update with Lululemon's response to a request for comment.) Lululemon Athletica ( LULU ) is reducing its corporate headcount by roughly 150 positions following changes in the company's organizational structure, Bloomberg reported Wednesday, citing a report from The Canadian Press. Following a recent review, we have decided to evolve some aspects of our...
Sector Update: Consumer
Sector Update: Consumer
Jun 18, 2025
01:38 PM EDT, 06/18/2025 (MT Newswires) -- Consumer stocks were higher Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) up 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 0.4%. In corporate news, Hasbro ( HAS ) shares were advancing 1.2%. The company said late Tuesday it has laid off about 150 employees, or 3%...
Market Chatter: Nike Postpones Launch of Skims Collaboration on Production Delays
Market Chatter: Nike Postpones Launch of Skims Collaboration on Production Delays
Jun 18, 2025
01:38 PM EDT, 06/18/2025 (MT Newswires) -- Nike ( NKE ) delayed the launch of its new brand with Kim Kardashian's Skims label following production setbacks, Bloomberg reported Wednesday, citing people familiar with the matter. NikeSkims products are expected to debut later this year following a postponed spring launch, the report said. The precise timing and product lineup aren't clear,...
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Bitcoin Price Could Surge to $140,000 in Three Months if History Rhymes
Bitcoin Price Could Surge to $140,000 in Three Months if History Rhymes
May 22, 2024
The previous two cycles may provide an indication of where BTC prices might head after the previous all-time high was broken. In the 2013 cycle, Bitcoin prices peaked at around $1,130, but they did not break this level again until March 2017. However, in the three months that followed, BTC prices doubled. When the 2017 all-time high of $20,000 was...
Gold, EUR/USD, USD/JPY – Price Action Analysis & Technical Outlook
Gold, EUR/USD, USD/JPY – Price Action Analysis & Technical Outlook
May 22, 2024
For an extensive analysis of gold’s medium-term fundamental and technical outlook, download our quarterly trading forecast now! Recommended by Diego Colman Get Your Free Gold Forecast GOLD PRICE FORECAST – TECHNICAL ANALYSIS Gold (XAU/USD) dropped sharply on Wednesday, but managed to hold above support at $2,375. Bulls need to defend this technical floor tenaciously to avoid a deeper retrenchment; failure...
Bitcoin (BTC) Price Rally, Dogecoin (DOGE) Advancement, Ripple (XRP) Predictions: Bits Recap May 23
Bitcoin (BTC) Price Rally, Dogecoin (DOGE) Advancement, Ripple (XRP) Predictions: Bits Recap May 23
May 23, 2024
TL;DR BTCs price climbed above $71,000 due to optimism about Ethereum ETF approval, resulting in a 6% weekly and 13% monthly increase, but then retraced to $69,500. DOGEs value ascended as well, briefly surpassing $0.17 and achieving a market cap near $25 billion. Significant metrics rose, with 85% of holders in profit. XRPs price saw a slight increase with predictions...
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May 23, 2024
The total net inflow for spot Bitcoin ETFs on May 22 was $154 million, continuing an eight-day streak of positive inflows. Meanwhile, the Grayscale Bitcoin Trust (GBTC) ETF experienced an outflow of $16.0914 million. BlackRock’s iShares Bitcoin Trust (IBIT) had a single-day inflow of $91.9527 million, and Fidelity’s FBTC ETF saw an inflow of $74.572 million. Ark Invest’s ARKB also...
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