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Yen skids to three-month low as the gap in treasury yields widens
Yen skids to three-month low as the gap in treasury yields widens
Oct 26, 2024
The yen fell in European trade on Wednesday against a basket of major rivals, sharpening the losses for the third straight session against the US dollar and hitting three-month lows amid concerns about a wider US-Japan gap in government treasury yields. Recent bearish remarks from Japanese officials hurt the odds of a third BOJ interest rate hike this year, while...
Euro rebounds ahead of major eurozone data
Euro rebounds ahead of major eurozone data
Oct 27, 2024
The euro rose in European trade on Thursday against a basket of major rivals after a wave of losses across three sessions, with the euro eventually settling above 3-⅕ month lows against the US dollar. It comes ahead of major data on the eurozone sectors later today, which would shed important light on the health of the European economy in...
Aussie skids to 2-1/5 month low as inflation cools
Aussie skids to 2-1/5 month low as inflation cools
Oct 30, 2024
The Australian dollar tumbled in Asian trade on Wednesday to 2-⅕ month lows against the US dollar, sharpening the decline for the fourth straight session after inflation in Australia cooled to three-year lows, reducing the pressure on the Reserve Bank of Australia. The new data boosted the odds of an interest rate cut by the RBA in December, as investors...
Yen skids to three-month trough as Japanese governing coalition loses majority
Yen skids to three-month trough as Japanese governing coalition loses majority
Oct 28, 2024
The Japanese yen skidded in Asian trade on Monday to three-month lows against the US dollar, after the election loss by the current Japanese parliamentary governing coalition, which could impede future interest rate hikes by the Bank of Japan. The yen is also pressured by a surge in US 10-year treasury yields, amid speculation about a cautious stance by the...
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A Look Into Dynatrace Inc's Price Over Earnings
A Look Into Dynatrace Inc's Price Over Earnings
Jan 15, 2025
In the current market session, Dynatrace Inc. ( DT ) price is at $52.00, after a 1.48% increase. However, over the past month, the stock fell by 4.30%, and in the past year, by 10.18%. Shareholders might be interested in knowing whether the stock is undervalued, even if the company is performing up to par in the current session. How...
Microsoft launches Copilot Chat for businesses to boost AI adoption
Microsoft launches Copilot Chat for businesses to boost AI adoption
Jan 15, 2025
(Reuters) - Microsoft ( MSFT ) on Wednesday rolled out a chat service allowing businesses to use on-demand AI agents for routine tasks, betting on the pay-as-you-go model to drive up the adoption of the technology. The free service, Copilot Chat, which uses OpenAI's GPT-4, lets users create AI agents using natural languages such as English and Mandarin for tasks...
US adds 16 entities to its trade blacklist, 14 in China
US adds 16 entities to its trade blacklist, 14 in China
Jan 15, 2025
WASHINGTON, Jan 15 (Reuters) - The Biden administration added 16 entities to its trade blacklist on Wednesday, including a Chinese company whose TSMC-made chip was illegally incorporated into a Huawei artificial intelligence processor. Sophgo and other entities linked to it were among 14 China-based companies and two Singapore-based companies added to the U.S. Commerce Department's Entity List, according to a...
Chipmaker NXP gets 1 bln euro loan from EIB for European projects
Chipmaker NXP gets 1 bln euro loan from EIB for European projects
Jan 15, 2025
NIJMEGEN, Netherlands, Jan 15 (Reuters) - N etherlands-based computer chip maker NXP said on Wednesday it has secured a 1 billion euro ($1.03 billion)loan from the European Investment Bank (EIB) to support research and development projects in five European countries. The EIB, the European Union's long-term lending institution, said the loan was part of a investment programme it launched last...
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Ripple (XRP) Rally Gains Steam as Whales and Institutions Pile In
Ripple (XRP) Rally Gains Steam as Whales and Institutions Pile In
Aug 14, 2025
TL;DR Banks and payment firms expand XRP adoption, driving institutional use for global cross-border payments. Ripple’s SEC case resolution removes legal uncertainty, boosting investor confidence and long-term price outlook. Whales purchase 320M XRP in three days, reducing sell pressure and fueling bullish sentiment. Institutional Adoption and Market Growth XRP is trading at $3.23 after gaining 8% over the past week,...
Radiant Capital Hacker Doubles Stolen Funds With 93.5% Gain in ETH
Radiant Capital Hacker Doubles Stolen Funds With 93.5% Gain in ETH
Aug 14, 2025
A hacker stole $53 million from cross-chain DeFi protocol Radiant Capital back in October 2024. Ten months later, the perpetrator has nearly doubled their Ethereum stash. Hackers Ethereum Windfall According to the latest update by LookOnChain, the stolen 21,957 ETH has now been partially sold for profit. In fact, 9,631 ETH fetched approximately $43.94 million at an average price of...
Is the Bull Cycle Nearing Its Top? Here’s What Bitcoin NUPL Metric Says
Is the Bull Cycle Nearing Its Top? Here’s What Bitcoin NUPL Metric Says
Aug 14, 2025
The current bull cycle is different from past seasons in many ways. For starters, bitcoin (BTC) has recorded new all-time highs (ATH) every now and then. This has raised speculation about when the market will reach its peak and begin a bear run. An analyst at the market research firm CryptoQuant has predicted that the bull run may last longer,...
Ripple Bulls Wrecked for $60M as XRP Flash Crashes to $3: Details
Ripple Bulls Wrecked for $60M as XRP Flash Crashes to $3: Details
Aug 14, 2025
TL;DR The entire cryptocurrency market turned red in the past hour or so, and Ripples cross-border payments token was not spared. XRP plunged to a weekly low, leaving over $60 million worth of short and mostly long positions wrecked. XRPUSD. Source: TradingView A lot can change in the digital asset space within the span of just 12 hours. Recall that...
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