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US dollar extends gains amid lack of downward pressures
US dollar extends gains amid lack of downward pressures
Sep 25, 2025
The US dollar has not advanced this week on the back of war drums or geopolitical tensions. Instead, it continues to edge higher for more ordinary but equally persistent reasons: there simply hasnt been enough fuel for the bears to justify short positions at the weeks opening levels. Traders hoping for a flow of weak US data to support dollar...
Yen tries to recover amid negative pressures
Yen tries to recover amid negative pressures
Sep 25, 2025
The Japanese yen rose in Asian trading on Thursday against a basket of major and minor currencies, attempting to recover from a three-week low against the U.S. dollar. The move came on the back of bargain buying from lower levels, supported by a pause in the dollars rally ahead of key U.S. data releases. Expectations for a Bank of Japan...
Franc edges up before SNB's decisions
Franc edges up before SNB's decisions
Sep 25, 2025
The Swiss franc rose in European trading on Thursday against a basket of global currencies, resuming gains against the U.S. dollar as the greenbacks rally paused ahead of key U.S. economic data releases. The francs advance, however, remains limited, with investors refraining from building large positions ahead of the Swiss National Banks (SNB) policy decision, where rates are widely expected...
US dollar maintans gains ahead of crucial expenditures data
US dollar maintans gains ahead of crucial expenditures data
Sep 28, 2025
The dollar held steady against the euro and the British pound on Friday, maintaining strong gains as investors awaited US consumer spending data, after growth figures came in better than expected, reducing expectations for further Federal Reserve easing this year. The euro traded near a three-week low at $1.1669, while the pound stabilized at $1.3347 after hitting its lowest in...
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Investor Sentiment Improves Slightly, But Dow Tumbles Over 350 Points
Investor Sentiment Improves Slightly, But Dow Tumbles Over 350 Points
Apr 26, 2024
The CNN Money Fear and Greed index showed a slight improvement in the overall market sentiment, while the index remained in the “Fear” zone on Thursday. U.S. stocks settled lower on Thursday, following the release of economic reports. The U.S. economy grew an annualized 1.6% in the first quarter, marking a notable slowdown from the 3.4% rate in the final...
Microsoft, Alphabet And 3 Stocks To Watch Heading Into Friday
Microsoft, Alphabet And 3 Stocks To Watch Heading Into Friday
Apr 26, 2024
With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Exxon Mobil Corporation ( XOM ) to report quarterly earnings at $2.20 per share on revenue of $78.35 billion before the opening bell, according to data from Benzinga Pro. Exxon Mobil ( XOM )...
Meta Selloff, GDP Data Drag Equity Markets Lower
Meta Selloff, GDP Data Drag Equity Markets Lower
Apr 25, 2024
04:37 PM EDT, 04/25/2024 (MT Newswires) -- US benchmark equity indexes dropped Thursday amid a post-earnings selloff in Meta Platforms ( META ) , while markets also evaluated data showing that Q1 economic growth fell short of Wall Street's expectations. The Dow Jones Industrial Average fell 1% to 38,085.8, while the Nasdaq Composite declined 0.6% to 15,611.8. The S&P 500...
Japan's Nikkei extends early gains as BOJ holds rates steady
Japan's Nikkei extends early gains as BOJ holds rates steady
Apr 25, 2024
(Updates prices, adds additional details, analyst comment) By Kevin Buckland TOKYO, April 26 (Reuters) - Japan's Nikkei share average extended early gains on Friday after the Bank of Japan (BOJ) opted to leave interest rates unchanged, as widely expected, and said accommodative monetary conditions are likely to continue for the time being. The Nikkei was up 0.7% at 37,890.48, as...
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Japan's union group Rengo announces biggest wage hikes on record
Japan's union group Rengo announces biggest wage hikes on record
Mar 22, 2024
TOKYO (Reuters) -Japanese firms have agreed to raise pay by 5.25% this year, the biggest rise under comparable data since 2013, the country's largest union group Rengo confirmed on Friday. The results of the closely-watched wage negotiations are announced in several stages, in which the blue-chip firms are first to wrap up their talks in mid-March. The second announcement on...
Once a beacon of stability, Vietnam to name third president in a year
Once a beacon of stability, Vietnam to name third president in a year
Mar 22, 2024
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...
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Hutchmed Begins Registration Stage for Phase 2/3 Trial of Investigational Autoimmune Disorder Drug
Mar 22, 2024
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...
FedEx jumps on profit beat, improved margins in its largest unit
FedEx jumps on profit beat, improved margins in its largest unit
Mar 22, 2024
(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...
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