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AUD/USD Forecast: Key Resistance Levels to Watch as US CPI Looms
AUD/USD Forecast: Key Resistance Levels to Watch as US CPI Looms
May 13, 2024
Aussie Dollar (AUD/USD) Analysis Risk sentiment props up AUD with US CPI data on the horizonUS CPI expected to redirect attention to the disinflation narrative after consecutive months of stubborn price pressuresAUD/USD reveals key resistance levels in the event CPI heads lowerGet your hands on the Aussie dollar Q2 outlook today for exclusive insights into key market catalysts that should...
Euro advances towards three-week highs amid cautious trading
Euro advances towards three-week highs amid cautious trading
May 13, 2024
Euro rose in European trade on Monday against a basket of major rivals, resuming gains against the dollar and heading towards three-week highs amid cautious trading ahead of fresh remarks by ECB officials. The most important event this week is the release of US inflation data, which will provide important clues on the future of the Federal Reserves interest rates....
EUR/USD, USD/JPY, GBP/USD – Technical Analysis and Price Outlook
EUR/USD, USD/JPY, GBP/USD – Technical Analysis and Price Outlook
May 9, 2024
Want to know where EUR/USD may be headed over the coming months? Explore key insights in our second-quarter forecast. Request your free trading guide now! Recommended by Diego Colman Get Your Free EUR Forecast EUR/USD FORECAST - TECHNICAL ANALYSIS EUR/USD pushed higher on Thursday after bouncing off technical support at 1.0725, with prices challenging a key ceiling near 1.0790, where...
Loonie edges up after monthly employment data
Loonie edges up after monthly employment data
May 10, 2024
The Canadian dollar rose against most major rivals following monthly jobs data which revealed solid performance last month. The Canadian labor ministry reported the addition of 90.4 thousand new jobs in April, while analysts expected the addition of 20.9 thousand new jobs. The data also showed that Canadas unemployment rate stabilized at 6.1% last month, while analysts expected 6.2%. On...
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Catalent to sell New Jersey facility
Catalent to sell New Jersey facility
Oct 14, 2024
(Reuters) - Catalent ( CTLT ) has agreed to sell its oral drug development and small-scale manufacturing facility in Somerset, New Jersey to private contract drug manufacturer Ardena, the companies said on Monday. Catalent ( CTLT ) provides contract manufacturing services and performs fill-finish work, which involves the sterile filling and packaging of syringes and injection pens, for drugmakers including...
Ambani's Reliance lobbies India on satellite spectrum in new face-off with Musk
Ambani's Reliance lobbies India on satellite spectrum in new face-off with Musk
Oct 13, 2024
* Fight over satellite broadband spectrum rages in India * Billionaire Ambani at odds with Elon Musk's Starlink * Reliance asking for consultation to start afresh, letter shows By Aditya Kalra and Aditi Shah NEW DELHI, Oct 13 (Reuters) - Indian billionaire Mukesh Ambani's Reliance has argued that the telecom regulator incorrectly concluded that home satellite broadband spectrum should be...
TSMC third-quarter profit seen jumping 40% on strong AI chip demand
TSMC third-quarter profit seen jumping 40% on strong AI chip demand
Oct 13, 2024
TAIPEI (Reuters) - Taiwan Semiconductor Manufacturing Co ( TSM ), the main producer of advanced chips used in artificial intelligence applications, is expected to report a 40% leap in third-quarter profit on Thursday thanks to soaring demand. The world's largest contract chipmaker, whose customers include Apple ( AAPL ) and Nvidia ( NVDA ), has benefited from the surge towards...
Ambani's Reliance lobbies India on satellite spectrum in new face-off with Musk
Ambani's Reliance lobbies India on satellite spectrum in new face-off with Musk
Oct 13, 2024
By Aditya Kalra and Aditi Shah NEW DELHI (Reuters) -Indian billionaire Mukesh Ambani's Reliance has argued that the telecom regulator incorrectly concluded that home satellite broadband spectrum should be allocated and not auctioned, a letter seen by Reuters shows, intensifying a face-off with Elon Musk's Starlink. The methodology of giving out spectrum for satellite services in India - a market...
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Bitcoin Price Tanks by $3K in Hours Ahead of Jerome Powell’s Speech Today
Bitcoin Price Tanks by $3K in Hours Ahead of Jerome Powell’s Speech Today
Oct 2, 2024
The crypto market continues its Monday correction, as bitcoin slumped by another grand or so in the past hour, dropping to just over $63,000. This comes just hours before the US Feds Chair, Jerome Powell, speaks in Nashville, Tennessee, where he is expected to elaborate on the central banks monetary policy pivot. CryptoPotato reported earlier today about BTCs initial price...
Bitcoin Price Analysis: The Reason Behind BTC’s Crash to $60K Today
Bitcoin Price Analysis: The Reason Behind BTC’s Crash to $60K Today
Oct 2, 2024
Bitcoin’s price is currently trending down as a result of the potential war brewing in the Middle East. A key level is lost, which could lead to a further decline in the short term. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart In the daily timeframe, the BTC price dropped below the key $64K mark and the 200-day moving...
Ripple After the Crash: What’s Next for the XRP Price?
Ripple After the Crash: What’s Next for the XRP Price?
Oct 2, 2024
Despite a strong performance last weekend, XRP could not stop the current correction. Key Support levels: $0.54 Key Resistance levels: $0.68 1. Price Makes a U-turn After sitting for a brief period at 66 cents, XRPs price made a sharp U-turn and lost most of its gains from late September. This brings it back to its starting position. Buyers were...
Crypto Giant Bithumb Eyes NASDAQ Listing, Open to Global IPO Options
Crypto Giant Bithumb Eyes NASDAQ Listing, Open to Global IPO Options
Oct 2, 2024
South Korean crypto exchange giant Bithumb is reportedly exploring the possibility of listing on the US NASDAQ, as discussed during a shareholder meeting on Monday. The company has indicated that it is open to considering all possibilities regarding where to launch its initial public offering (IPO). Bithumb Looks Beyond KOSDAQ Korea Economic Daily revealed the latest details on September 30th, less...
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