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Aussie falls and shrugs off strong employment data
Aussie falls and shrugs off strong employment data
May 25, 2025
The Australian dollar fell against most major rivals on Thursday despite strong labor data. Australia's unemployment rate was unchanged in April at 4.1%, same as March, and matching expectations. The Australian economy added 89.0 thousand new jobs in April, easily beating estimates of a 20.9 thousand addition, while March's reading was revised to show the addition of 32.2 thousand jobs...
Aussie hits one-week high after strong wages data
Aussie hits one-week high after strong wages data
May 25, 2025
The Australian dollar rose in Asian trade on Wednesday against a basket of major rivals, expanding gains for the second straight session against the US dollar and hitting a week high, while approaching five-week highs following strong Australian wages data. The data renewed inflationary pressures on the Reserve Bank of Australias policymakers, which hurt the odds of a rate cut...
Aussie drops after wages data
Aussie drops after wages data
May 25, 2025
The Australian dollar fell against most major rivals on Wednesday following labor data. Australian wages rose 0.9% in the first quarter of the year, above estimates of 0.8%. On trading, the AUD/USD pair rose 0.7% as of 20:56 GMT to 0.6428. Loonie The Canadian dollar fell 0.3% against the greenback as of 20:56 GMT to $0.7155. The US Dollar The...
Aussie is worst performing currency after RBA rate cut
Aussie is worst performing currency after RBA rate cut
May 25, 2025
The Australian dollar tumbled on Tuesday against a basket of major rivals, resuming losses against the US counterpart after a short hiatus and becoming the worst performing G8 currency after the RBAs rate cut. The Reserve Bank of Australia voted to cut interest rates by 25 basis points to 3.85%, the lowest since May 2023, as inflation cooled. The Price...
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Ubisoft Is 'Mismanaged, Shareholders Are Hostages': Investor Demands Video Game Company Go Private After Stock Drop
Ubisoft Is 'Mismanaged, Shareholders Are Hostages': Investor Demands Video Game Company Go Private After Stock Drop
Sep 11, 2024
Ubisoft Entertainment SA ( UBSFF ) faces pressure from a minority shareholder to go private, following the release of Star Wars Outlaws. Slovakia-based hedge fund AJ Investments, which holds less than 1% of Ubisoft’s stock, issued an open letter to the company’s board of directors, including CEO Yves Guillemot and major shareholder Tencent Holdings ADR (OTC:TCEHY), criticizing Ubisoft’s recent performance...
What Analysts Are Saying About ServiceNow Stock
What Analysts Are Saying About ServiceNow Stock
Sep 11, 2024
In the latest quarter, 21 analysts provided ratings for ServiceNow ( NOW ) , showcasing a mix of bullish and bearish perspectives. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 11 8 1 0...
Apple supplier IQE expects annual profit at lower end of market view
Apple supplier IQE expects annual profit at lower end of market view
Sep 11, 2024
By DhanushVignesh Babu Sept 10 (Reuters) - British semiconductor wafer maker IQE said on Tuesday it expects annual profit to be at the lower end of analysts' estimates as some of its markets were slower to recover from a supply glut, sending its shares 13% lower. IQE, whose 'epi-wafers' are used in the iPhone's facial recognition sensors, expects full-year adjusted...
REUTERS NEWS SCHEDULE AT 10:00 a.m. GMT/ 6:00 a.m. ET
REUTERS NEWS SCHEDULE AT 10:00 a.m. GMT/ 6:00 a.m. ET
Sep 11, 2024
Here are the top stories and upcoming coverage plans for Reuters text service as of 10:00 a.m. GMT/ 6:00 a.m. ET. For a full schedule of news and events, go to our editorial calendar on Reuters Connect or on Media Express. TOP STORIES GLOBAL UKRAINE-CRISIS/ATTACK-RUSSIA Ukraine strikes Moscow in biggest drone attack to date Ukraine struck the Moscow region on...
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Ripple (XRP) Price Might Explode Above $6 This Year: Analyst
Ripple (XRP) Price Might Explode Above $6 This Year: Analyst
May 13, 2024
TL;DR Ripples XRP is holding steady at $0.50 despite a broader market upturn. Analysts foresee a potential bull run, with resistance at $0.49 seen as crucial. Future Projections: XRPs price movement may depend on Bitcoins performance, with predictions suggesting it could rise significantly if market conditions are favorable. XRPs Next Possible Move The cryptocurrency market experienced a resurgence today (May...
Ex
Ex
May 13, 2024
Crypto is now a partisan issue in the United States, and there’s a clear reason as to why, according to a former Coinbase executive. Author and entrepreneur Balaji Srinivasan argued this weekend that digital assets appeal to “American conservatives” and “Chinese Liberals” – demographics that generally aren’t represented by the Democratic party. Crypto Versus Rich Democrats In a tweet this...
DVT 101: All You Need to Know on ETH Staking with Decentralized Validator Technology
DVT 101: All You Need to Know on ETH Staking with Decentralized Validator Technology
May 13, 2024
By Adam Efrima The crypto space is full of buzzwords and abbreviations, and today, I’ll be discussing one that’s not quite so widespread yet: Decentralized Validator Technology, or DVT. It promises to fix a major worry about how traditional validator setups operate on Ethereum by significantly decentralizing and securing the process. Validators are the entities that build blocks in Proof-of-Stake...
EUR/USD, USD/JPY, USD/CAD – Sentiment Analysis and Market Outlook
EUR/USD, USD/JPY, USD/CAD – Sentiment Analysis and Market Outlook
May 13, 2024
Most Read: US Dollar’s Path Tied to Inflation Outlook; Setups on EUR/USD, USD/JPY, GBP/USD In the dynamic realm of trading, the allure of following the crowd’s lead in strong– jumping on the bandwagon during euphoric market rallies and bailing out when fear takes hold. However, seasoned traders understand the hidden potential in contrarian strategies. These approaches involve swimming against the...
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