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Aussie is worst performing currency after RBA rate cut
Aussie is worst performing currency after RBA rate cut
May 25, 2025
The Australian dollar tumbled on Tuesday against a basket of major rivals, resuming losses against the US counterpart after a short hiatus and becoming the worst performing G8 currency after the RBAs rate cut. The Reserve Bank of Australia voted to cut interest rates by 25 basis points to 3.85%, the lowest since May 2023, as inflation cooled. The Price...
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...
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 drops after wages data
Aussie drops after wages data
May 25, 2025
The Australian dollar fell against most major rivals on Wednesday following labor data. Australian wages rose 0.9% in the first quarter of the year, above estimates of 0.8%. On trading, the AUD/USD pair rose 0.7% as of 20:56 GMT to 0.6428. Loonie The Canadian dollar fell 0.3% against the greenback as of 20:56 GMT to $0.7155. The US Dollar The...
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Top Midday Stories: Freeport-McMoRan Declares Force Majeure; Alibaba Plans to Raise AI Spending
Top Midday Stories: Freeport-McMoRan Declares Force Majeure; Alibaba Plans to Raise AI Spending
Sep 24, 2025
11:23 AM EDT, 09/24/2025 (MT Newswires) -- The three major US indexes were roughly flat in late-morning trading Wednesday after Federal Reserve Chair Jerome Powell said Tuesday that stock prices appear to be fairly highly valued. In company news, Freeport-McMoRan ( FCX ) said Wednesday it is notifying commercial counterparties of a force majeure as a result of the Sept....
EMERGING MARKETS-Argentine markets extend gains amid talks with US on $20 billion swap line
EMERGING MARKETS-Argentine markets extend gains amid talks with US on $20 billion swap line
Sep 24, 2025
Sept 24 (Reuters) - Argentine assets roared ahead for a third consecutive day on Wednesday after the U.S. floated a $20 billion swap line to support the country's struggling markets, while most other Latin American currencies weakened against a firm dollar. In a post on X, U.S. Treasury Secretary Scott Bessent disclosed ongoing negotiations for a $20 billion swap line...
US Equity Indexes Fall as Treasury Yields Rise
US Equity Indexes Fall as Treasury Yields Rise
Sep 24, 2025
12:44 PM EDT, 09/24/2025 (MT Newswires) -- US benchmark stock indexes traded lower while government bond yields rose in midday trading on Wednesday. The Nasdaq Composite was down 0.5% to 22,465.7, the S&P 500 slid 0.3% to 6,634.2, and the Dow Jones Industrial Average fell 0.2% to 46,205.3. Energy led the gainers, while materials and technology were the steepest decliners...
Top Midday Gainers
Top Midday Gainers
Sep 24, 2025
12:43 PM EDT, 09/24/2025 (MT Newswires) -- uniQure (QURE) reported Wednesday positive topline results from its pivotal phase I/II study of AMT-130 in patients with Huntington's disease. The stock was up over 259% after midday Wednesday, with trading volume of about 50.2 million shares against a daily average of more than 1.1 million. SHF Holdings ( SHFS ) shares rose...
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Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Mar 21, 2024
BOGOTA, March 21 (Reuters) - The Reficar oil refinery belonging to Colombia's Ecopetrol was awarded 19.9% of the common capital in infrastructure firm McDermott in preferential shares by a judge in Amsterdam, Ecopetrol said in a statement on Thursday. The refinery is located in the Colombian city of Cartagena. ...
Ecopetrol's Reficar wins court judgment in long-running dispute with McDermott
Ecopetrol's Reficar wins court judgment in long-running dispute with McDermott
Mar 21, 2024
BOGOTA, March 21 (Reuters) - Colombia's Ecopetrol said on Thursday its Reficar oil refinery was awarded 19.9% of the common capital in U.S. infrastructure firm McDermott in preferential shares by a judge in Amsterdam. The Reficar refinery is located in the Colombian city of Cartagena, and has been the subject of a prolonged international dispute dating back to the facility's...
Oil eases on possible Gaza ceasefire, dollar strength
Oil eases on possible Gaza ceasefire, dollar strength
Mar 21, 2024
SINGAPORE (Reuters) -Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a stronger dollar and faltering U.S. gasoline demand also weighed on prices. Brent crude futures fell 42 cents, or 0.5%, to $85.36 a barrel by 0203 GMT. U.S. crude futures shed 40 cents, or 0.5%,...
Meta's Instagram down for thousands, Downdetector shows
Meta's Instagram down for thousands, Downdetector shows
Mar 21, 2024
March 21 (Reuters) - Meta Platforms's ( META ) Instagram was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. ...
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$9,600 Ethereum? This Is the Target for ETH to Match the Historical Ratio
$9,600 Ethereum? This Is the Target for ETH to Match the Historical Ratio
Aug 15, 2025
Following the short-lived rally in the crypto market this week, Ethereums ratio against Bitcoin has climbed above its annual average. Newly emerged data suggest that Ethereum would need to reach approximately $9,600 to revisit its historical peak in the ETH/BTC trading pair. ETH/BTC Breakout According to CryptoRanks latest observation, the ETH/BTC pair recently broke above its 365-day moving average for...
Ethereum Exit Queue Heating up Again: 808,880 ETH Worth $3.7B Held Up
Ethereum Exit Queue Heating up Again: 808,880 ETH Worth $3.7B Held Up
Aug 15, 2025
The second most valuable cryptocurrency is seeing unprecedented wait times for both staking and unstaking, one of its most sought-after use cases. Members of the crypto community are aghast and actively discussing the potential reasoning for this bottleneck. A Fortnights Wait Ethereums Validator Queue, which serves as a gauge for determining interest in staking and unstaking, has recorded an exit...
Has XRP’s Bull Run Just Begun or Is the Top Already In? AI Models Predict 2025 Peak Price
Has XRP’s Bull Run Just Begun or Is the Top Already In? AI Models Predict 2025 Peak Price
Aug 15, 2025
TL;DR Ripples cross-border token is among the cryptocurrencies that managed to break their previous all-time highs this year and chart a fresh peak. However, it has lost steam in the following month, unlike many of its competitors, and the question now arises whether the 2025 top has already been reached or does XRP have the legs for one more run....
Bitcoin Price Analysis: Classic Bull Trap Emerges After BTC’s Record High
Bitcoin Price Analysis: Classic Bull Trap Emerges After BTC’s Record High
Aug 15, 2025
Bitcoin has recently experienced heightened volatility by setting a fresh all-time high. However, the price has quickly reversed, indicating a bull trap, increasing the likelihood of a sideways consolidation within the $116K-$124K range. Technical Analysis By ShayanMarkets The Daily Chart On the daily timeframe, Bitcoin buyers successfully pushed the asset above its previous all-time high, recording a new peak at...
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