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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...
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...
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...
Oil Update: Russia
Oil Update: Russia
Mar 23, 2024
Brent Crude Oil News and Analysis Over 150 missiles and drones fired in latest attack on UkraineOil prices ease into the weekend despite attacks on energy infrastructureIG client sentiment focuses on recent changes in positioning to arrive at bearish biasThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our...
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Analysis-For Musk's Starlink, India approval could unlock emerging markets
Analysis-For Musk's Starlink, India approval could unlock emerging markets
Mar 25, 2025
BENGALURU (Reuters) - As Starlink nears regulatory approval in India for satellite broadband services, analysts say a victory there could pave a road into more emerging markets and boost the company's ambitions to add a million subscribers every year. There are still legal hurdles to overcome, and competition from companies such as Eutelsat and China's SpaceSail, which is entering Brazil,...
Elon Musk's SpaceX Prepares To Launch New Starlink Dish Promising Gigabit Internet Speeds: Report
Elon Musk's SpaceX Prepares To Launch New Starlink Dish Promising Gigabit Internet Speeds: Report
Mar 25, 2025
Elon Musk's SpaceX is preparing to launch a new Starlink dish capable of delivering gigabit internet speeds What Happened: The new dish was discussed during a webinar for Starlink resellers, according to a report by PCMag on Monday. This development marks a significant upgrade from the current download speeds of approximately 200Mbps. According to a webinar participant, customers will need...
Hypercharge Partners With XCharge North America to Deploy First GridLink Chargers Across Canada
Hypercharge Partners With XCharge North America to Deploy First GridLink Chargers Across Canada
Mar 25, 2025
09:41 AM EDT, 03/25/2025 (MT Newswires) -- Hypercharge Networks ( HCNWF ) on Tuesday said it partnered with XCharge North America, a provider of high-power EV charging and battery-integrated solutions, to bring XCharge NA's GridLink chargers to Canada. The chargers will be distributed to automotive dealerships and other customers across British Columbia and Ontario, and will handle software and customer...
DeepSeek narrows China-US AI gap to three months, 01.AI founder Lee Kai-fu says
DeepSeek narrows China-US AI gap to three months, 01.AI founder Lee Kai-fu says
Mar 25, 2025
BEIJING/HONG KONG (Reuters) - China has narrowed the AI development gap with the United States to just three months in some areas, because firms such as DeepSeek have worked out how to use chips and apply algorithms more efficiently, the CEO of Chinese startup 01.AI Lee Kai-fu said. Lee, a prominent figure in the global artificial intelligence space and a...
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American Airlines Swings to Q1 Adjusted Loss While Revenue Advances; Sets Q2 Adjusted Profit Outlook
American Airlines Swings to Q1 Adjusted Loss While Revenue Advances; Sets Q2 Adjusted Profit Outlook
Apr 25, 2024
09:36 AM EDT, 04/25/2024 (MT Newswires) -- American Airlines ( AAL ) reported a Q1 adjusted loss Thursday of $0.34 per diluted share, swinging from earnings of $0.05 a year earlier. Analysts polled by Capital IQ expected a loss of $0.29. Revenue for the quarter ended March 31 was $12.57 billion, up from $12.19 billion a year earlier. Analysts surveyed...
GlaxoSmithKline sues Pfizer and BioNTech over Covid-19 vaccine technology
GlaxoSmithKline sues Pfizer and BioNTech over Covid-19 vaccine technology
Apr 25, 2024
(Reuters) -GlaxoSmithKline sued Pfizer ( PFE ) and BioNTech in Delaware federal court on Thursday, accusing them of infringing GSK patents related to messenger RNA (mRNA) technology in the companies' blockbuster COVID-19 vaccines. GSK said in the lawsuit that Pfizer ( PFE ) and BioNTech's Comirnaty vaccines violate the company's patent rights in mRNA-vaccine innovations developed more than a decade...
Drugmaker Sanofi's Strong Dupixent And Beyfortus Vaccine Sales Propel Q1 Earnings
Drugmaker Sanofi's Strong Dupixent And Beyfortus Vaccine Sales Propel Q1 Earnings
Apr 25, 2024
Thursday, Sanofi SA ( SNY )  reported first-quarter operating income of 2.8 billion euros, down 14.7% Y/Y and 4.2% on constant currency. The French drugmaker reported adjusted EPS of $0.97 (1.78 euros), beating the consensus estimate of $0.94. Also Read: In Heart Burn Drug Zantac’s Litigation Saga, Sanofi Nears Settlement in Major Lawsuit Cluster. The company reported first-quarter sales of $11.36 billion (10.5 billion euros),...
What's Going On With Harley-Davidson Shares After Q1 Results?
What's Going On With Harley-Davidson Shares After Q1 Results?
Apr 25, 2024
Harley-Davidson, Inc ( HOG ). shares are trading lower on Thursday. The company reported first-quarter adjusted earnings per share of $1.72, beating the analyst consensus of $1.51.  The company reported first-quarter HDMC + LiveWire sales of $1.48 billion, beating the consensus of $1.34 billion. HDMC revenue is down 5%, primarily due to a planned decrease in motorcycle shipments. Consolidated revenue in the first quarter...
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Ripple vs. SEC Lawsuit Closure Paves the Way for XRP ETFs, BTC Erases Recent Gains: Weekly Recap
Ripple vs. SEC Lawsuit Closure Paves the Way for XRP ETFs, BTC Erases Recent Gains: Weekly Recap
Mar 28, 2025
Although the past week wasnt filled with fireworks as the previous one, there are still several notable developments that transpired that we need to talk about. It was a sluggish weekend, in which BTCs price stood primarily around $84,000 after the intraweek volatility caused by the Feds lack of action and Ripples (sort of) victory against the SEC. Bitcoin started...
Andrew Tate Faces Abuse Lawsuit from Solana Meme Coin Creator
Andrew Tate Faces Abuse Lawsuit from Solana Meme Coin Creator
Mar 28, 2025
Bri Stern, the Los Angeles-based influencer behind the Solana meme coin SISTER (SSTR), has filed a lawsuit against Andrew Tate, alleging emotional and physical abuse. Stern took to social media, sharing her experiences alongside screenshots of conversations she claims are from her time with Tate. Allegations of Abuse In a lengthy thread on X, Stern stated that her relationship with...
Ethereum’s Pectra Upgrade Goes Live on April 30 – Here’s What to Expect
Ethereum’s Pectra Upgrade Goes Live on April 30 – Here’s What to Expect
Mar 28, 2025
Following a successful deployment on the Hoodi testnet, developers are gearing up to launch the Pectra upgrade on the Ethereum mainnet in the next 32 days. According to a tweet by Ethereum developer Terence Tsao, the Pectra upgrade is scheduled to go live on April 30, pending full confirmation at the next developers meeting. This announcement comes after several months...
Bitcoin Price Analysis: Is $80K Next for BTC After Losing $85K Support?
Bitcoin Price Analysis: Is $80K Next for BTC After Losing $85K Support?
Mar 28, 2025
Bitcoin is struggling to push higher, showing signs of weak demand and potential rejection. If selling pressure increases, the $80K support level could be the next target in the coming days. Technical Analysis By Shayan The Daily Chart BTC’s recent bullish retracement has lost momentum after briefly surpassing the 200-day moving average at $85K, leading to a minor rejection. This...
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