financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
US Dollar Technical Analysis: EUR/USD & GBP/USD Rebound, USD/JPY Flat
US Dollar Technical Analysis: EUR/USD & GBP/USD Rebound, USD/JPY Flat
Mar 25, 2024
US DOLLAR FORECAST – EUR/USD, GBP/USD, USD/JPY Most Read: US Dollar Forecast: PCE Data to Steal Show; EUR/USD, USD/JPY, GBP/USD Setups The dollar fell slightly on Monday, but losses were moderate and probably contained by rallying U.S. Treasury yields. Many traders decided to take profits after the greenback's strong performance last week, while others avoided taking large directional positions in...
Markets Week Ahead: Gold Overreacts, Sterling Sinks and USD Advances
Markets Week Ahead: Gold Overreacts, Sterling Sinks and USD Advances
Mar 25, 2024
Gold Whipsaws and Signals a Potential Momentum Shift The precious metal rose phenomenally in the wake of the FOMC meeting and updated summary of economic projections. The US dollar acted as the release valve for all the hawkish sentiment that had been priced into the market. US activity, jobs and inflation data printed on the higher side of estimates in...
Yen Update: USD/JPY Dips after BoJ Minutes, Concern over Volatile Moves
Yen Update: USD/JPY Dips after BoJ Minutes, Concern over Volatile Moves
Mar 25, 2024
Japanese Yen (USD/JPY) Analysis BoJ minutes extend the ‘carry trade’ as officials rule out rapid rate hikesLike clockwork, Japan’s top currency diplomat voices dissatisfaction with recent yen volatility, weaknessIG Client sentiment ‘mixed’ despite massive short positioningThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library BoJ...
US Dollar Forecast: PCE Data to Steal Show; EUR/USD, USD/JPY, GBP/USD Setups
US Dollar Forecast: PCE Data to Steal Show; EUR/USD, USD/JPY, GBP/USD Setups
Mar 23, 2024
Most Read: U.S. Dollar Outlook Market Sentiment: USD/JPY, USD/CAD, USD/CHF The U.S. dollar, as measured by the DXY index, strengthened this past week, closing at its best level since mid-February on Friday. Despite initial losses following the Fed’s dismissal of renewed inflation risks and indications that it was still on track for 75 basis points of easing this year, the...
World >
Market >
Sector Update: Energy Stocks Edge Higher Premarket Monday
Sector Update: Energy Stocks Edge Higher Premarket Monday
Oct 13, 2025
09:27 AM EDT, 10/13/2025 (MT Newswires) -- Energy stocks were edging higher premarket Monday, with the Energy Select Sector SPDR Fund ( XLE ) advancing by 0.9%. The United States Oil Fund ( USO ) was up 1.3% and the United States Natural Gas Fund ( UNG ) was 2.6% lower. Front-month US West Texas Intermediate crude oil was 1.1%...
US STOCKS-Wall Street advances as Trump cools China rhetoric
US STOCKS-Wall Street advances as Trump cools China rhetoric
Oct 13, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Indexes up: Dow 1.14%, S&P 500 1.52%, Nasdaq 2.05% * Broadcom ( AVGO ) jumps on OpenAI partnership * JPMorgan ( JPM ) rises after a $1.5 trillion investment plan (Updates after markets open) By Sukriti Gupta and Twesha...
US Equity Indexes Rebound After Trump Dials Back China Threats; Gold Breaks More Records
US Equity Indexes Rebound After Trump Dials Back China Threats; Gold Breaks More Records
Oct 13, 2025
12:31 PM EDT, 10/13/2025 (MT Newswires) -- US equity indexes jumped in midday trading on Monday after President Donald Trump softened his tone against China and as the so-called AI trade got a boost from a deal between Broadcom ( AVGO ) and OpenAI. The Nasdaq Composite jumped 2% to 22,655.5, with the S&P 500 up 1.6% to 6,656.7 and...
South African rand lifted by gold as markets reflect on US-China trade tension
South African rand lifted by gold as markets reflect on US-China trade tension
Oct 13, 2025
JOHANNESBURG, Oct 13 (Reuters) - The South African rand was buoyed by record gold prices on Monday as investors opted for the safe-haven metal after U.S. President Donald Trump renewed tariff threats against China. The commodity-backed currency fell about 1.7% after Trump's announcement on Friday, but has tried to pare some of its losses. At 1422 GMT, the rand traded...
Environment >
Technology >
Personal Finance >
Politics >
Retail >
Business >
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Mar 21, 2024
(Reuters) -Luggage maker Samsonite International ( SMSOF ) on Friday said it plans to pursue a dual listing in addition to its listing on the Hong Kong Stock Exchange to increase the liquidity of its shares and reach investors in more markets. Samsonite ( SMSOF ) did not provide details of the exchanges it is considering for the second listing,...
UN adopts first global artificial intelligence resolution
UN adopts first global artificial intelligence resolution
Mar 21, 2024
(Reuters) -The United Nations General Assembly on Thursday unanimously adopted the first global resolution on artificial intelligence that encourages countries to safeguard human rights, protect personal data, and monitor AI for risks. The nonbinding resolution, proposed by the United States and co-sponsored by China and over 120 other nations, also advocates the strengthening of privacy policies. Today, all 193 members...
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%,...
Economy >
Cryptocurrency >
Paxos Reportedly Downsizes Workforce by 20%: Details
Paxos Reportedly Downsizes Workforce by 20%: Details
Jun 13, 2024
Stablecoin issuing company Paxos has laid off 20% of its workforce, decreasing its employee count by 65 individuals, Bloomberg reported Thursday, citing an internal email. According to the report, Paxos’ chief executive officer and co-founder Charles Cascarilla said the reduction in headcount would allow the company to capitalize on future opportunities in the tokenization and stablecoin sectors. Paxos intends to...
This Popular Meme Coin Receives Further Support From Binance: Details
This Popular Meme Coin Receives Further Support From Binance: Details
Jun 13, 2024
TL;DR Binance expanded its trading options with new pairs, though availability depends on the users region. The exchange will delist several existing pairs on June 14, advising clients to update or cancel their Spot Trading Bots to prevent potential losses. Another Binance Update The worlds leading cryptocurrency exchange continues to expand its list of trading options to respond to recent...
Coinbase Announces Support for This Trending Meme Coin, Price Explodes
Coinbase Announces Support for This Trending Meme Coin, Price Explodes
Jun 14, 2024
TL;DR The cryptocurrency market has seen significant volatility, with major assets experiencing price drops, but one Solana-based meme coin surged by 10% daily. Its rally is likely linked to Coinbases decision to allow certain trading services with it. Flashing Green Amid the Overall Correction The cryptocurrency market experienced a severe decline in the past few days. Bitcoin (BTC), Ethereum (ETH),...
How to Make Money With Meme Coins? Novogratz Chips In
How to Make Money With Meme Coins? Novogratz Chips In
Jun 14, 2024
Meme coins have seen spectacular growth this year reaching almost $60 billion amidst the broader market rally. But not everyone is a fan. Many experts and market players have weighed in on how meme coins have overshadowed more legitimate projects in the industry. Even as the industry remains unsure of the latest hype and the flurry of new meme coins...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved