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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...
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US STOCKS-Futures rise ahead of Wall St's first trading session in 2025
US STOCKS-Futures rise ahead of Wall St's first trading session in 2025
Jan 2, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures up: Dow 0.46%, S&P 500 0.57%, Nasdaq 0.75% Jan 2 (Reuters) - U.S. stock index futures edged higher before the first trading session of 2025, with investors hoping a new political landscape and more interest rate cuts will...
Crude Oil Prices Rise on Hopes of Recovery in China
Crude Oil Prices Rise on Hopes of Recovery in China
Jan 2, 2025
05:13 AM EST, 01/02/2025 (MT Newswires) -- Crude oil prices rose on the first trading day of 2025 on hopes of economic and fuel demand recovery in China following President Xi Jinping's pledge to promote growth. Brent crude gained 0.8% to US$75.21 per barrel and West Texas Intermediate crude was up 0.8% to US$72.28/b at last look early Thursday. This...
Social Buzz: Wallstreetbets Stocks Advance Premarket Thursday; MicroStrategy, Robinhood Markets to Open Higher
Social Buzz: Wallstreetbets Stocks Advance Premarket Thursday; MicroStrategy, Robinhood Markets to Open Higher
Jan 2, 2025
06:40 AM EST, 01/02/2025 (MT Newswires) -- The most-talked-about stocks in the Reddit subforum Wallstreetbets advanced hours before Thursday's opening bell. MicroStrategy ( MSTR ) rose by 6% hours before market open, reversing a 4.4% decline from the previous session. Robinhood Markets ( HOOD ) advanced by 2.8% premarket, swinging from a 2.7% decline at Tuesday's close. Rocket Lab USA...
Digihost Climbs 6% in U.S. Pre-Market Trading After Production Update
Digihost Climbs 6% in U.S. Pre-Market Trading After Production Update
Jan 2, 2025
07:59 AM EST, 01/02/2025 (MT Newswires) -- Digihost Technology ( DGHI ) , an energy infrastructure company that develops data centers, on Thursday said it held Bitcoin (BTC) and cash deposits of about US$10 million as of Dec. 31, compared to $2.3 million at the end of the prior year. U.S.-listed shares of DGHI were last seen up 6% at...
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China's Jan-Feb property investment declines narrow
China's Jan-Feb property investment declines narrow
Mar 17, 2024
BEIJING (Reuters) -China's fragile housing market opened this year with slower declines in property investment and sales, buoyed by government efforts to arrest a protracted downturn in the sector, official data showed on Monday. Property investment in China fell 9.0% year-on-year in the first two months of 2024, compared with a 24.0% fall in December 2023, National Bureau of Statistics...
China's BYD launches new version of Destroyer 07 hybrid at lower starting price
China's BYD launches new version of Destroyer 07 hybrid at lower starting price
Mar 17, 2024
BEIJING, March 18 (Reuters) - Chinese electric vehicle giant BYD launched on Monday a new version of its Destroyer 07 hybrid car at a starting price 11.3% lower than its predecessor, Reuters calculations showed. ...
Uber to pay $178 million in Australia taxi class action settlement
Uber to pay $178 million in Australia taxi class action settlement
Mar 17, 2024
SYDNEY (Reuters) -Uber has agreed to pay A$271.8 million ($178 million) to settle a lawsuit brought by Australian taxi operators and drivers, who say they lost income when the ride-hailing company moved into the country, a law firm said on Monday. The settlement is Australia's fifth-largest, Maurice Blackburn Lawyers said in a statement. The class action suit was filed in...
India Morning Newsletter, March 18
India Morning Newsletter, March 18
Mar 17, 2024
To access a PDF version of this newsletter, please click here If you would like to receive this newsletter via email, please register at: https://solutions.refinitiv.com/MNCIndiaSubscriptionpage For an index of our newsletters click on ...
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SEC Sues Consensys For MetaMask’s Swap And Staking Features
SEC Sues Consensys For MetaMask’s Swap And Staking Features
Jun 28, 2024
The U.S. Securities and Exchange Commission (SEC) sued Ethereum infrastructure provider Consensys on Wednesday for allegedly failing to register key services offered within its MetaMask software wallet. The SEC’s lawsuit comes two months after it issued a Wells notice to Consensys voicing the agency’s intent to sue regarding the popular Ethereum wallet, which its website claims its “trusted by over...
Trump Seen as Pro
Trump Seen as Pro
Jun 28, 2024
The highlight anticipated presidential debate between Donald Trump and Joe Biden did not feature any discussion about Bitcoin or crypto. This was notable given how much attention the industry has garnered this year. Despite this, experts believe that if Trump were re-elected, it could signal a shift toward more favorable regulatory conditions for the crypto industry in the US. Trump...
Yield App Suspends Operations Citing Portfolio Losses Linked to FTX Collapse
Yield App Suspends Operations Citing Portfolio Losses Linked to FTX Collapse
Jun 28, 2024
Yield App Ltd, a Seychelles-incorporated crypto investment platform, has announced the immediate suspension of all operations on its digital wealth platform, yield.app. This move comes as the company prepares to enter liquidation proceedings and aims to ensure fair and equal treatment for all users and stakeholders. Yield App Stops Operations The decision, effective today, was shared in an official statement...
T
T
Jun 28, 2024
T-Rex Group a financial services company has filed for a 2x leveraged MicroStrategy (MSTR) exchange-traded fund (ETF) in the United States. This financial vehicle is being deemed as potentially the most volatile ETF in the country. The filing with the Securities and Exchange Commissions EDGAR platform reveals that the main aim of the objective of the fund, dubbed T-Rex 2X...
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