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Dollar rebounds ahead of US unemployment claims data
Dollar rebounds ahead of US unemployment claims data
May 2, 2024
Dollar rose in European trade on Thursday against a basket of major rivals, resuming gains after a short hiatus yesterday following a somewhat bearish policy meeting by the Federal Reserve. Dollars gains today remain limited as US 10-year treasury yields lose ground, while investors await more clues on the future of US monetary policies. Investors are particularly waiting for the...
Dollar plumbs three-week low ahead of US payrolls report
Dollar plumbs three-week low ahead of US payrolls report
May 3, 2024
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...
Dollar hovers near three-week trough as US yields taper off
Dollar hovers near three-week trough as US yields taper off
May 6, 2024
Dollar fell in European trade on Monday against a basket of major rivals, extending losses for the fourth straight session and approaching three-week lows as US 10-year treasury yields declined. Recent disappointing US labor data boosted the odds of two Fed interest rate cuts this year and in turn hurt the standing of the dollar. The odds of US interest...
US Dollar Slumps After NFPs Miss Expectations, US Equities Bid
US Dollar Slumps After NFPs Miss Expectations, US Equities Bid
May 4, 2024
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...
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Sector Update: Health Care
Sector Update: Health Care
Mar 14, 2025
08:49 AM EDT, 03/14/2025 (MT Newswires) -- Health care stocks advanced premarket Friday with the Health Care Select Sector SPDR Fund (XLV) up 0.4% and the iShares Biotechnology ETF (IBB) 0.6% higher recently. Sutro Biopharma ( STRO ) said it appointed Jane Chung as its new chief executive and plans to nearly halve its workforce, following a strategic review of...
Sector Update: Energy
Sector Update: Energy
Mar 14, 2025
08:58 AM EDT, 03/14/2025 (MT Newswires) -- Energy stocks advanced premarket Friday as the Energy Select Sector SPDR Fund (XLE) was 0.8% higher recently. The United States Oil Fund (USO) was up 0.9% and the United States Natural Gas Fund (UNG) was 0.4% lower. Front-month US West Texas Intermediate crude oil was up 1% at $67.23 per barrel at the...
Easing Risk of Government Shutdown Lifts US Equity Futures Pre-Bell
Easing Risk of Government Shutdown Lifts US Equity Futures Pre-Bell
Mar 14, 2025
09:05 AM EDT, 03/14/2025 (MT Newswires) -- US equity futures rose ahead of Friday's opening bell amid increasing expectations that US legislators will come up with a stopgap funding measure to prevent a government shutdown. The Dow Jones Industrial Average futures increased 0.6%, S&P 500 futures rose 1%, and Nasdaq futures were up 1.3%. Senate Democratic Leader Chuck Schumer signaled...
US STOCKS-Futures rise after turbulent week, gold stocks surge as prices hit $3000
US STOCKS-Futures rise after turbulent week, gold stocks surge as prices hit $3000
Mar 14, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Futures up: Dow 0.48%, S&P 500 0.73%, Nasdaq 0.99% * Crown Castle ( CCI ) rises after $8.5 bln fiber assets sale * Tesla up on report it is planning lower-cost model Y in Shanghai * Bullion miners...
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Ilya Lichtenstein Sentenced to 5 Years in Prison for Role in Bitfinex Hack
Ilya Lichtenstein Sentenced to 5 Years in Prison for Role in Bitfinex Hack
Nov 15, 2024
Ilya Lichtenstein, a 35-year-old programmer, was sentenced to five years in prison for his part in laundering Bitcoin stolen from the Bitfinex crypto exchange. The U.S. Department of Justice (DOJ) announced the sentence, marking a significant development in a case involving the theft of nearly 120,000 BTC, valued at $71.8 million in 2016 but worth over $4.5 billion by the...
Double Digit Prices Surges From These Altcoins as Bitcoin (BTC) Reclaims $91K (Market Watch)
Double Digit Prices Surges From These Altcoins as Bitcoin (BTC) Reclaims $91K (Market Watch)
Nov 16, 2024
After a brief hiatus below $90,000 and even $87,000, bitcoin is back on track by gaining more than four grand in the past day and surging past $91,000. Many altcoins have produced even more impressive daily surges, led by double-digit gains from the likes of XRP, ADA, PEPE, SUI, ICP, XLM, and many others. BTC Above $91K The primary cryptocurrency...
Gary Gensler Remains Steadfast on Crypto Enforcement Despite Looming Ouster 
Gary Gensler Remains Steadfast on Crypto Enforcement Despite Looming Ouster 
Nov 15, 2024
Gensler, who is potentially weeks away from being replaced as the head of the SEC by President-elect Donald Trump, has remained defiant and true to his stance on crypto and enforcement. In a speech in New York on Nov. 14, Gensler said that “not every [crypto] asset is a security.” He added that former SEC Chairman Jay Clayton and himself...
Ripple’s XRP Neared $1, Can Cardano’s ADA Do the Same By 2024’s End?
Ripple’s XRP Neared $1, Can Cardano’s ADA Do the Same By 2024’s End?
Nov 15, 2024
TL:DR; The two best performers from the larger-cap alts over the past few days have been Ripples XRP and Cardanos ADA. Perplexity analyzes each tokens chance to reclaim the coveted $1 price tag by the end of the year. XRP at $1 It seems fueled by the growing speculations that the current SEC chair, Gary Gensler, will step down from...
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