EUR/USD News and Analysis ECB member favours multiple rate cuts ahead of the summerEUR/USD flirts with familiar zone of resistanceMore ECB speakers scheduled today as event risk quietens downThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library Recommended by Richard Snow How to Trade EUR/USD...

Gold Price Coils Further, Silver Hits a Multi-Week High Gold is seemingly putting together a bullish pennant on the daily chart, while silver looks to push further ahead after Wednesday’s break of resistance. Gold (XAU/USD) Price Analysis and Chart Gold trading on either side of $2,165/oz. but a break may be near.Silver prints a fresh three-month high.Most Read: Euro Slides...

Number of traders net-short has decreased by 17.40% from last week. SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OI EUR/USD BEARISH 51.50% 48.50% 25.63% Daily27.10% Weekly -25.93% Daily-17.40% Weekly -6.08% Daily0.77% Weekly EUR/USD Bearish Data provided by of clients are net long. of clients are net short. Change in Longs Shorts OI Daily 26% -26% -6% Weekly 27% -17% 1%...

BRITISH POUND FORECAST – GBP/USD, GBP/JPY, EUR/GBP Retail positioning on GBP/USD continues to lean on the bearish sideIG data also reveals a surprising dose of pessimism around GBP/JPYMeanwhile, nearly 70% of retail traders are net-long on EUR/GBPMost Read: Gold Price Coils Further, Silver Hits a Multi-Week High While most traders follow the herd, contrarian sentiment indicators offer a path less...

12:57 PM EDT, 05/02/2024 (MT Newswires) -- US equity indexes advanced Thursday as investors took solace in signals from the Federal Reserve that the next move in interest rates will unlikely be an increase. The S&P 500 rose 0.4% to 5,036.5, with the Nasdaq Composite up 0.8% to 15,723.4 and the Dow Jones Industrial Average 0.4% higher at 38,073.5 after...

01:35 PM EDT, 05/02/2024 (MT Newswires) -- Tech stocks were gaining Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) and the SPDR S&P Semiconductor ETF (XSD) each adding 1.1%. The Philadelphia Semiconductor index climbed 1.6%. In corporate news, Qualcomm ( QCOM ) fiscal Q2 results grew more than expected as the chip supplier reported a third consecutive quarter...

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * Qualcomm ( QCOM ) gains on upbeat Q3 forecast * DoorDash ( DASH ) slides after dour Q2 core profit forecast * Indexes up: Dow 0.48%, S&P 0.46%, Nasdaq 0.85% (Updated at 11:51 a.m. ET/1551 GMT) By Shristi Achar...

01:34 PM EDT, 05/02/2024 (MT Newswires) -- Energy stocks were higher Thursday afternoon, with the NYSE Energy Sector Index up 1.1% and the Energy Select Sector SPDR Fund (XLE) rising 0.9%. The Philadelphia Oil Service Sector index was posting a 1.8% increase, and the Dow Jones US Utilities index was fractionally higher. Front-month West Texas Intermediate crude oil was rising...

The IT city is facing the worst of floods and social media is flooded with visuals from Bengaluru as residents expressed their anger, opinions, and interesting takes online.

Erratic patterns of rainfall, heatwaves, storms, floods, and other consequences of climate change are threatening our genetically similar food crops. The way out is to introduce genetic diversity, but that's easier said than done.

On World Environment Day 2022, we take a look at the tech sector that alone is responsible for 2-3 percent of the global greenhouse gas emissions. See how technology impacts the environment and what the big companies are doing.

Utimaco provides a Public Warning System (PWS) that sends alerts and warnings within seconds to every cell phone in an area affected by a catastrophic situation without the need for mobile numbers and irrespective of the congestion in the telecom network.

The Karnataka Assembly election results threw up an unexpected suspense on Tuesday, as a simple majority tantalisingly eluded BJP and...

As part of the Yatra, more than 2,500 mobile performing vans and over 200 mobile theatre vans will be pressed into service to cover the 2.55 lakh gram panchayats and clusters in all cities and towns of the country.

The Madhya Pradesh Assembly election exit poll results will be streamed live on all News18 network channels, including CNBCTV18, after 6.30PM on Thursday, November 30.

The cases were lodged against Union Minister of State Rajeev Chandrasekhar over his controversial social media posts following the blasts at a convention centre in Kochi during a prayer meeting of Christian religious group Jehovah's Witnesses.

Chinese smartphone maker Xiaomi has announced that it will be launching first Android Go smartphone - Redmi Go in India on March 19.

Software giant Microsoft said India is a world example in digital identity and lot of innovations are coming from the country.

The employees of IDBI Bank have opposed the bank's categorisation as a private lender and are seeking the option to switch to any other nationalised bank with the protection of pay and service.

The FAA's oversight duties are coming under greater scrutiny after deadly crashes involving Boeing 737 Max jets operated by airlines in Ethiopia and Indonesia, killing a total of 346 people.

The Discovery Fund aims to identify and empower entrepreneurs and early-stage startups to leverage the potential of cryptocurrencies to address real-world problems.

Founded in 2017 by Jaynti Kanani, Anurag Arjun, Sandeep Nailwal and Mihailo Bjelic as a secondary scaling solution for the Ethereum blockchain, Polygon is building a suite of scaling solutions.

There were several important developments in the startup space during this week. Here are the top stories in the startup...

Chingari has raised $19 million to offer cryptocurrency as a means of monetisation for creators and users on its platform.