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Aussie hits one-week high after strong wages data
Aussie hits one-week high after strong wages data
May 25, 2025
The Australian dollar rose in Asian trade on Wednesday against a basket of major rivals, expanding gains for the second straight session against the US dollar and hitting a week high, while approaching five-week highs following strong Australian wages data. The data renewed inflationary pressures on the Reserve Bank of Australias policymakers, which hurt the odds of a rate cut...
Aussie rallies to five-month high after Labor's election win
Aussie rallies to five-month high after Labor's election win
May 25, 2025
The Australian dollar rallied in Asian trade on Monday to a five-month high against the US dollar, expanding gains for the second straight session and on track towards 65 cents. It comes after a historic win by the governing Labor Party, which bolsters the governments position towards growing global trade risks from Trumps tariffs. The Price The AUD/USD price rose...
Aussie moves in a positive zone after inflation data
Aussie moves in a positive zone after inflation data
May 25, 2025
The Australian dollar rose in Asian trade on Wednesday against the US dollar after a short hiatus yesterday, with the pair heading towards four-month high and about to mark the second monthly profit in a row. Earlier Sydney data showed inflationary pressures remained persistent on monetary policymakers, casting doubts on the odds of an Australian interest rate cut in May....
Aussie falls and shrugs off strong employment data
Aussie falls and shrugs off strong employment data
May 25, 2025
The Australian dollar fell against most major rivals on Thursday despite strong labor data. Australia's unemployment rate was unchanged in April at 4.1%, same as March, and matching expectations. The Australian economy added 89.0 thousand new jobs in April, easily beating estimates of a 20.9 thousand addition, while March's reading was revised to show the addition of 32.2 thousand jobs...
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Exchange-Traded Funds, US Equities Higher After Producer Prices, Consumer Sentiment Data
Exchange-Traded Funds, US Equities Higher After Producer Prices, Consumer Sentiment Data
Jul 12, 2024
01:00 PM EDT, 07/12/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds, including IWM and IVV, were higher. Actively traded Invesco QQQ Trust (QQQ) rose 0.8%. US equity indexes rose as investors weighed a higher-than-expected producer price inflation print for June alongside a surprise decline in a consumer sentiment gauge for July. Energy iShares US Energy ETF (IYE) added...
Sector Update: Energy
Sector Update: Energy
Jul 12, 2024
01:28 PM EDT, 07/12/2024 (MT Newswires) -- Energy stocks were higher Friday afternoon, with the NYSE Energy Sector Index increasing 0.2% and the Energy Select Sector SPDR Fund (XLE) up 0.1%. The Philadelphia Oil Service Sector index was posting a 1.1% gain, and the Dow Jones US Utilities index was adding 1.2%. Front-month West Texas Intermediate crude oil was up...
TSX up 145 Points at Midday, at New Highs, With Miners The Biggest Gainer
TSX up 145 Points at Midday, at New Highs, With Miners The Biggest Gainer
Jul 12, 2024
12:17 PM EDT, 07/12/2024 (MT Newswires) -- The Toronto Stock Exchange is up 145 points at midday and at all-time record intraday highs, with nearly all sectors higher. The biggest gainers are miners (+1.5%) and telecoms and financials, both up 0.8%. TD Bank (TD.TO) is the most actively traded, with near 8 million shares being traded. TD has hired two...
US Equity Indexes Climb as Investors Parse Wholesale Inflation Print
US Equity Indexes Climb as Investors Parse Wholesale Inflation Print
Jul 12, 2024
01:26 PM EDT, 07/12/2024 (MT Newswires) -- US equity indexes rose Friday as investors weighed a higher-than-expected producer price inflation print for June, a surprise decline in a consumer sentiment gauge for July and mega-cap banks' quarterly results. The Nasdaq climbed 1% to 18,465.9, with the S&P 500 and the Dow Jones Industrial Average up 0.9% to 5,634.5 and 40,097.3,...
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The GBPUSD forecast update 21-05-2024
The GBPUSD forecast update 21-05-2024
May 21, 2024
GBPUSD Price Analysis Expected Scenario The GBPUSD price resumes its positive trading and attempts to move away from the 1.2700$ level, reinforcing the expectations of continuing the bullish trend for today, affected by the previously completed double bottom pattern, reminding you that our awaited target is located at 1.2800$, while achieving it requires holding above 1.2700$. Expected Trading Range Between...
The EURUSD price forecast update - 21-05-2024
The EURUSD price forecast update - 21-05-2024
May 21, 2024
EURUSD Price Analysis Expected Scenario The EURUSD price shows sideways trades to test the key resistance 1.0876$, affected by stochastic positivity, which urges caution from the upcoming trading, as the price needs to hold below this level to keep the bearish trend scenario active, which its next target located at 1.0795$. On the other hand, we should note that the...
Silver price forecast update 21-05-2024
Silver price forecast update 21-05-2024
May 21, 2024
Silver Price Analysis Expected Scenario Silver price shows some bullish bias after approaching the 31.00$ level again this morning, waiting to resume the negative trades to break the mentioned level and confirm extending the correctional bearish wave to target 30.06$ as the next main station. Therefore, we will continue to suggest the bearish trend for today, noting that breaching 31.75$...
Brent oil price forecast update 21-05-2024
Brent oil price forecast update 21-05-2024
May 21, 2024
Brent Oil Price Analysis Expected Scenario Brent oil price crawls downwards to test the 83.00$ barrier, waiting for more decline to test 82.45$ that represents our first target, reminding you that surpassing this level will extend the bearish wave to reach 80.08$. Noting that breaching 84.77$ will stop the bearish trend and lead the price to turn to rise and...
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Trump sues Wall Street Journal over Epstein report, as DOJ seeks to release grand jury transcripts
Trump sues Wall Street Journal over Epstein report, as DOJ seeks to release grand jury transcripts
Jul 18, 2025
WASHINGTON (Reuters) -President Donald Trump sued the Wall Street Journal and its owners, including Rupert Murdoch on Friday, making good on a promise he made on Thursday after the newspaper reported that Trump in 2003 sent Jeffrey Epstein a birthday greeting that included a sexually suggestive drawing and a reference to secrets they shared. The federal court docket in the...
US judge sets August hearing on bid to end Boeing criminal prosecution
US judge sets August hearing on bid to end Boeing criminal prosecution
Jul 18, 2025
WASHINGTON, July 18 (Reuters) - A U.S. judge on Friday said he will hold an August 28 hearing on a request by the Justice Department and Boeing ( BA ) to approve an agreement that allows the planemaker to avoid prosecution on a charge stemming from two fatal 737 MAX plane crashes that killed 346 people. The deal, which faces...
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,...
Basketball-Sponsors swoop in to net new generation of WNBA fans
Basketball-Sponsors swoop in to net new generation of WNBA fans
Jul 18, 2025
* Brands capitalize on WNBA's rising popularity during All-Star weekend * Record viewership boosts sponsorship interest, with 25 brands at WNBA Live * Diverse fan base attracts sponsors like Coach, Nike ( NKE ) and Gatorade By Amy Tennery INDIANAPOLIS, July 18 (Reuters) - An onslaught of brands has descended on Indianapolis to take advantage of the WNBA's growing popularity,...
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What’s Next for Pi Network? PI Coin Price Consolidates, is a Push to $0.78 Even Possible?
What’s Next for Pi Network? PI Coin Price Consolidates, is a Push to $0.78 Even Possible?
Aug 12, 2025
TL;DR Pi Network trades at $0.38, down 7% daily, with key resistance levels at $0.78 and $1.50. MACD shows weak momentum, Stochastic RSI oversold; breakout above $0.78 could signal potential trend reversal. Chainphon to list PI August 12; .pi domain auction extended, enabling custom wallet addresses. PI Stuck in Consolidation Pi Network (PI) was trading at $0.38 at press time,...
Aleo Network Foundation Teams Up With Fintech Unicorn Revolut
Aleo Network Foundation Teams Up With Fintech Unicorn Revolut
Aug 12, 2025
One of the leading tech companies in Europe is uniting with a framework focused on security and confidentiality. Anonymity With a Worldwide Reach Shared to CryptoPotato via a news release, the Aleo Network Foundation, the non-profit organization responsible for the health of the Aleo Network has announced a partnership with Revolut today. The former develops infrastructure focused on privacy and compliance that...
Ethereum (ETH) Price Prediction: Can Bulls Push Past $5,000 on the Back of Massive ETF Inflows?
Ethereum (ETH) Price Prediction: Can Bulls Push Past $5,000 on the Back of Massive ETF Inflows?
Aug 12, 2025
TL;DR Ethereum now ranks 22nd globally by market cap, surpassing Mastercard and Netflix in valuation. Record $1.01 billion in Ether ETF inflows signals strong institutional demand for Ethereum exposure. Whale accumulates over 312,000 ETH worth $1.34 billion from top liquidity providers within eight days. RSI above 70 and price above Bollinger Band indicate strong momentum, but overbought conditions. Sustained $4,400...
Bitcoin Price Reacts as US CPI for July Comes in Below Expectations
Bitcoin Price Reacts as US CPI for July Comes in Below Expectations
Aug 12, 2025
The highly anticipated US Consumer Price Index numbers for July are out, and they show that inflation in the largest economy is lower than previously expected. The regular CPI came in at 2.7% year-over-year, compared to the 2.8% estimate provided by the experts. The Core CPI, which excludes volatile sectors such as energy and food, is 3.1% (0.1% higher than...
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