Dollar fell in European trade on Friday against a basket of major rivals, extending losses for the third straight session and plumbing a three-week trough as US treasury yields lose ground as well. The dollar is heading for the worst weekly loss since March especially if the US payrolls report missed the mark today. The Index The dollar index fell...

US Dollar Slumps After NFPs Miss Expectations, US Equities Bid US NFPs print at 175k vs. forecasts of 243k.US dollar slumps as rate cut expectations improve. Recommended by Nick Cawley Get Your Free USD Forecast For all economic data releases and events see the DailyFX Economic Calendar The latest US Jobs Report showed hiring slowed in April with just 175k...

Swiss Franc rallied in European trade on Thursday, extending gains for the second straight day against the dollar away from seven-month lows and becoming the best performing major currency following Swiss inflation data. The data reignited inflationary pressures on the Swiss National Bank, which might force the central bank to hold off easing policies. The Price USD/CHF fell 0.7% today...

Yen rose in Asian trade on Friday against major rivals, extending gains for the third straight session against the dollar and scaling a three-week high away from recentt 34-year lows amid active short-covering. The yen is heading for the largest weekly profit since November 2022 as Japanese authorities intervened to support the local currency after slumping below the 160 barrier...

01:57 PM EDT, 08/29/2024 (MT Newswires) -- XORTX Therapeutics ( XRTX ) surged 79% after the company said Thursday that recent peer-reviewed, independent, published research shows genetic factors are linked to the over-expression of xanthine oxidase and play a role in several diseases, including kidney disease. More than 139 million shares traded intraday compared with a daily average of 66,000....

12:51 PM EDT, 08/29/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV were higher. Actively traded Invesco QQQ Trust (QQQ) rose 1.2%. US equity indexes rose after a surprise increase in the estimate for Q2 economic growth and a decline in weekly jobless claims sent most government bond yields higher. Energy iShares US Energy ETF (IYE)...

LONDON, Aug 28 (Reuters) - The U.S. 10-year Treasury yield is likely to rise back above 4% in the coming weeks, Deutsche Bank has said, with markets currently over-confident about the amount of rate cuts the Federal Reserve will deliver. A slowdown in inflation and signs of labour market weakness have caused investors to price in around 100 basis points...

US, BRENT CRUDE FUTURES EXTEND LOSSES AFTER EIA DATA SHOWED LOWER THAN EXPECTED WEEKLY INVENTORY DRAW ...

The (BTCUSD) price recorded a bullish jump in its last intraday trading, supported by its lean on the support of its EAM50, accompanied by testing minor bullish trend line on the short-term basis, reinforcing the positive momentum and assisted it to achieve those gains. This performance is supported by the beginning of positive signals appearance on the (RSI), after its...

KAMPALA, April 29 (Reuters) - Ugandan President Yoweri Museveni said on Tuesday that he had a productive meeting with the representatives of tech billionaire Elon Musk's Starlink, which is looking to establish a presence in the East African country. A unit of SpaceX, the satellite internet company is rapidly expanding its services on the African continent and is already live...

The (ETHUSD) price rose in its last intraday trading, supported by the emergence of the positive signals on the (RSI), getting rid of the negative pressure of the EMA50, this comes amid the dominance of the main bullish trend on the short-term basis, to get ready to reach its current resistance at $2,730. Do you need help in trading decisions?...

The (Crude oil) price declined in its last intraday trading, after reaching the resistance of its EMA50, forming a barrier against resuming the bullish track and pushing it to rebound lower, especially after surpassing the bullish correctional channels range, which supported its trading on the short-term basis. This decline came with the emergence of negative signals on the (RSI), after...

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...

A senior leader who attended the meeting said Venugopal asked state leaders to support state Congress chief Ashok Chavan and warned that party president Rahul Gandhi will not tolerate any indiscipline.

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.

(Reuters) - Chinese electric vehicle (EV) maker Xpeng ( XPEV ) said on Monday it has established a project house in partnership with German automaker Volkswagen AG for engineers to accelerate the development process of new architecture for EVs. ...

FARNBOROUGH, England (Reuters) - Aviation leaders will meet at a marque summit outside London on Monday as the industry struggles with supply chain disruptions, aircraft delays and floundering plans to reduce carbon emissions. The July 22-26 Farnborough Airshow, a gathering of top executives from airlines, aircraft makers and weapons manufacturers, has often been a festival of orders for passenger jets...

July 22 (Reuters) - Australia's Woodside Energy ( WDS ) said on Monday it had agreed to buy U.S. liquefied natural gas developer Tellurian, including its U.S. Gulf Coast Driftwood LNG export project, for $1.2 billion including debt. The agreement could strengthen the United States' position as the world's largest producer of the superchilled gas by securing the completion of...

(Updates headline) WASHINGTON, July 21 (Reuters) - U.S. Vice President Kamala Harris is potentially poised to become the Democratic presidential nominee in the November election. Here are her views and actions related to some key business topics. TECH REGULATION As California attorney general, Harris sued eBay ( EBAY ) in 2012, alleging anticompetitive hiring practices surrounding a no-poaching agreement with...

Ripple chief executive officer Brad Garlinghouse has slammed Gary Gensler, the chairman of the United States Securities and Exchange Commission (SEC), for his recent slander about most crypto executives going to jail. Garlinghouse stated in a tweet that Gensler and his approach to crypto regulation would cause U.S. President Joe Biden to lose the upcoming elections. Gensler on Crypto Execs...

Stablecoins have witnessed significant growth this year. Among them, USDT remains a leader, but other ones, such as Circle-backed USDC, are also seeing considerable activity. As such, USDCs recent deposits to centralized crypto exchanges could signal investors buying the dip amidst several market corrections in recent weeks. USDC Deposits Surge According to IntoTheBlocks Head of Research, Lucan Outumuros latest findings,...

Creditors of the bankrupt cryptocurrency exchange FTX are now faced with the option of receiving their assets in cash or crypto. A filing in the United States Bankruptcy Court for the District of Delaware revealed that Judge John Dorsey had approved the solicitation packages and ballots needed for the exchange’s customers to communicate their preferences. The deadline for voting is...

Ethereum’s status as an ultrasound money system becomes increasingly questionable as the days go by, especially as its supply keeps increasing at a high rate. Since mid-April 2024, about a month after the Ethereum network underwent the Dencun upgrade, more than 112,000 ether (ETH) has been added to the market at the fastest daily rate after the Merge. The Effects...