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...

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%...

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...

01:35 PM EST, 12/30/2024 (MT Newswires) -- Health care stocks were declining Monday afternoon, with the NYSE Health Care Index down 0.9% and the Health Care Select Sector SPDR Fund (XLV) falling 1.1%. The iShares Biotechnology ETF (IBB) dropped 1.1%. In corporate news, Marinus Pharmaceuticals ( MRNS ) shares surged 43% after the company said it signed a deal under...

01:36 PM EST, 12/30/2024 (MT Newswires) -- Financial stocks were decreasing in Monday afternoon trading, with the NYSE Financial Index shedding 0.3% and the Financial Select Sector SPDR Fund (XLF) off 0.7%. The Philadelphia Housing Index was down 0.5%, and the Real Estate Select Sector SPDR Fund (XLRE) was sliding 0.8%. Bitcoin (BTC-USD) was increasing 0.8% to $94,332, and the...

01:27 PM EST, 12/30/2024 (MT Newswires) -- Maxeon Solar Technologies ( MAXN ) has settled its patent litigation with Chinese rival Tongwei Solar, with the companies late last month signing a cross-licensing agreement for their respective shingled solar cell and module technologies, Maxeon said on Monday. Financial terms and other details of the settlement agreement were not disclosed. Maxeon shares...

01:33 PM EST, 12/30/2024 (MT Newswires) -- Tech stocks were lower Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.7% and the SPDR S&P Semiconductor ETF (XSD) falling 1.5%. The Philadelphia Semiconductor index was down 1.2%. In corporate news, the UK's Competition and Markets Authority said Monday it's investigating IBM's ( IBM ) planned acquisition of HashiCorp...

Throughout the last three months, 6 analysts have evaluated Universal Display ( OLED ) , offering a diverse set of opinions from bullish to bearish. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4 0 2...

HONG KONG/SHENZHEN (Reuters) - Doris Au, a seller of door locks and hardware in Hong Kong for 25 years, received a letter from her bank, DBS Group, last June stating that her business account would be closed. The bank gave little explanation but subsequently froze the account, killing her business with international suppliers, she said. Au discovered after searching online...

(Reuters) - The sweeping tariffs imposed by U.S. President Donald Trump since April 2 and the subsequent pauses on some of them have generated uncertainty for companies worldwide, causing some to withdraw or refrain from giving financial guidance. Here is a list of companies that have made such moves: AUTOS & TRANSPORTATION AUTINS GROUP The UK-based group, which sells components...

Cognex ( CGNX ) has been analyzed by 9 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings...

The Madhya Pradesh Assembly election exit poll results will be streamed live on all News18 network channels, including CNBCTV18, after 6.30PM on Thursday, November 30.

The cases were lodged against Union Minister of State Rajeev Chandrasekhar over his controversial social media posts following the blasts at a convention centre in Kochi during a prayer meeting of Christian religious group Jehovah's Witnesses.

Rajasthan Election Exit Poll Results 2023: The exit poll results will be announced on Thursday, November 30, at 6.30 pm after voting in Telangana gets over. Rajasthan is known for its anti-incumbency, with the state swinging between the BJP and Congress in the past elections.

The Karnataka Assembly election results threw up an unexpected suspense on Tuesday, as a simple majority tantalisingly eluded BJP and...

05:04 AM EDT, 03/22/2024 (MT Newswires) -- Hutchmed ( HCM ) said late Thursday it has started the registration stage for a phase 2/3 clinical trial of investigational drug sovleplenib for adult patients with warm antibody autoimmune hemolytic anemia in China. The move follows positive data from the proof-of-concept phase 2 stage of the trial and a consultation with the...

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...

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...

Most Read: Fed Keeps Rates Steady, Grows Cautious on Inflation; Gold, USD, Yields Await Powell The U.S. dollar, as measured by the DXY index, sank more than 0.6% on Wednesday, pressured by falling U.S. yields in the wake of the Federal Reserve's monetary policy decision. For context, the U.S. central bank left borrowing costs unchanged in their current range of...

Bitcoin prices slumped to a nine-week low just below $57,000 on May 1, shedding a further 4% on the day. The asset has now bled a whopping 11% since the same time last week. Market dips and flush-outs are not uncommon for crypto assets, but Glassnode analyst James Check thinks this time is different. Large derivatives-led deleveraging events were a...

TL;DR Bitcoin (BTC) experienced another sharp decline, falling to a multi-month low of approximately $56,600. Shiba Inu (SHIB) saw its price fall by 13% over the week, despite advancements in its ecosystem and a significant increase in its token burn rate, aimed at reducing supply. Ripples XRP maintained relative stability in a turbulent market, with analysts predicting substantial future price...

After several days of nosediving, bitcoins price soared by roughly two grand after the Feds refusal to increase the interest rates but dropped back down just as quickly. The altcoins are in much better shape today, with numerous impressive gains from the likes of Solana, Ripple, Polkadot, ICP, PEPE, and others. Bitcoins Volatility Continues It was just a couple of...