financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
Euro under pressure after new French PM resigns
Euro under pressure after new French PM resigns
Oct 7, 2025
The euro fell in the European market on Tuesday against a basket of global currencies, extending its losses for the second consecutive session against the US dollar and nearing a two-week low recorded in the previous session, following stunning political developments in France, the eurozones second-largest economy. French Prime Minister Sbastien Lecornu and his cabinet resigned on Monday, just hours...
Where has China’s
Where has China’s "Artificial Sun" energy project reached?
Oct 3, 2025
China has made new progress in the high-level international race to achieve commercial nuclear fusion. China and the United States have been alternating breakthroughs in the pursuit of what is often called the holy grail of clean energy. With rising investments and political support from the worlds two largest economies, the pace of technological development has accelerated significantly. Current nuclear...
US dollar climbs but still faces downward risks
US dollar climbs but still faces downward risks
Oct 6, 2025
The US dollar rose against most major currencies during Mondays trading as the government shutdown in the United States continued, with no sign of resolution in sight, prompting investors to move toward safe-haven assets such as the dollar and gold. Reports over the weekend indicated that there was little progress toward ending the government shutdown in the United States, meaning...
Yen deepens losses to two-month trough as Takaichi approaches power
Yen deepens losses to two-month trough as Takaichi approaches power
Oct 7, 2025
The Japanese yen fell in the European market on Tuesday against a basket of major and minor currencies, deepening its losses for the fourth consecutive day against the US dollar and hitting a two-month low. The decline came amid continued open selling pressure, particularly following Sanae Takaichis victory in the Liberal Democratic Partys leadership election. Takaichi is set to become...
World >
Market >
USD/CAD Likely To Remain
USD/CAD Likely To Remain "Trapped" In a Range-bound Environment In Coming Months, RBC Says
May 8, 2026
04:35 PM EDT, 05/08/2026 (MT Newswires) -- USD/CAD is likely to remain trapped in a range-bound environment in the coming months, with the pair seen trading between 1.3500 and 1.3900, RBC Capital Markets said in its latest FX View note. RBC added its end-of-second-quarter forecast for USD/CAD stands at 1.3700. The bank said Friday's Canadian and U.S. employment reports point...
Coinbase rebounds as altcoins surge with bitcoin holding above $80,000
Coinbase rebounds as altcoins surge with bitcoin holding above $80,000
May 8, 2026
With bitcoin holding above $80,000 and stocks pushing to fresh record highs, risk appetite spilled deeper into crypto markets Friday, lifting altcoins and blockchain infrastructure plays. Solana ( HSDT ) , Chainlink (LINK), Sui (SUI) and Polkadot (DOT) rose around 5%, while Near Protocol (NEAR) and Uniswap (UNI) gained roughly 7%. Internet Computer Protocol’s ICP jumped nearly 12%, leading majors...
US Equity Indexes Advance This Week as AI-Trade Boosts Technology While Iran Ceasefire Continues
US Equity Indexes Advance This Week as AI-Trade Boosts Technology While Iran Ceasefire Continues
May 8, 2026
04:31 PM EDT, 05/08/2026 (MT Newswires) -- US equity indexes rose this week as quarterly earnings showed the benign effect of artificial intelligence on corporate results, sending the S&P 500 and the Nasdaq Composite to new highs amid a fragile ceasefire. * The S&P 500 closed at 7,398.93 on Friday versus 7,230.12 a week ago. The Nasdaq Composite stood at...
S&P 500 Posts Sixth Consecutive Weekly Gain, Hits Highs in Tech-Led Rise
S&P 500 Posts Sixth Consecutive Weekly Gain, Hits Highs in Tech-Led Rise
May 8, 2026
04:45 PM EDT, 05/08/2026 (MT Newswires) -- The Standard & Poor's 500 index rose 2.3% this week to another round of new highs as the technology sector climbed on deals and earnings. The S&P 500 ended Friday's session at 7,398.93, marking its latest all-time closing high. The market benchmark also set a fresh intraday high on Friday at 7,401.50, its...
Environment >
Technology >
Evening update for crude oil -27-04-2026
Evening update for crude oil -27-04-2026
Apr 27, 2026
Crude oil prices rose during recent intraday trading, taking advantage of the positive signals from the relative strength indicators, with the continuation of the dynamic pressure that is represented by its trading above EMA50, which provides the renewed positive momentum and keeps the positive track on the short-term basis. ...
Evening update for gold-27-04-2026
Evening update for gold-27-04-2026
Apr 27, 2026
Gold declined during its recent intraday trading, breaking $4,700 key support level, amid the continuation of the negative pressure due to its trading below EMA50, with the emergence of the negative signals from the relative strength indicators, after reaching overbought levels, moving alongside minor bearish trend line. ...
Jumio Announces Mark Lorion as Chief Executive Officer
Jumio Announces Mark Lorion as Chief Executive Officer
Apr 27, 2026
Accomplished software executive and former Tempo Software CEO to accelerate growth for AI-powered identity intelligence SUNNYVALE, Calif.--(BUSINESS WIRE)-- Jumio, the leading provider of AI-powered identity intelligence, today announced the appointment of Mark Lorion as chief executive officer. Lorion succeeds Bala Kumar, who has served as president and interim CEO since the start of 2026. Kumar will continue his leadership as...
Evening update for Bitcoin -27-04-2026
Evening update for Bitcoin -27-04-2026
Apr 27, 2026
Bitcoin (BTCUSD) is deepening its losses in its last intraday trading, to break main bullish trend line on the short-term basis, accompanied by surpassing EMA50s support, facing intensified negative pressure to change our scenario to the downside, especially with the emergence of the negative signals from the relative strength indicators. ...
Personal Finance >
Politics >
Retail >
Business >
Economy >
Cryptocurrency >
Charles Hoskinson Backs Ripple Over Coinbase in Circle Takeover Battle
Charles Hoskinson Backs Ripple Over Coinbase in Circle Takeover Battle
May 26, 2025
TL;DR Charles Hoskinson weighed in on the rumored multi-billion-dollar bidding war between Ripple and Coinbase for stablecoin issuer Circle. He also revealed ongoing talks to bring Ripple’s RLUSD to Cardanos ecosystem. Hoskinsons Choice In a recent video on YouTube, Cardanos founder claimed that such an acquisition would make the crypto space better. Hoskinson also argued that the Coinbase-a16z-Circle mafia has...
Bitcoin (BTC) Brushes Off Geopolitical Jitters: Here Is the Next Target in Sight
Bitcoin (BTC) Brushes Off Geopolitical Jitters: Here Is the Next Target in Sight
May 26, 2025
Bitcoin clawed back losses on Monday, rising to nearly $110,000 after US President Donald Trumps unexpected EU tariff announcement rattled markets over the weekend. A key technical pattern has now emerged, which could potentially hint at the next major move in the cryptocurrencys ongoing price trend. Bitcoins Double Bottom Formation Bitcoin may be on track to reach $112,000 following the...
Interesting Ethereum (ETH) Price Predictions as of Late
Interesting Ethereum (ETH) Price Predictions as of Late
May 26, 2025
TL;DR Numerous analysts foresee ETH gearing up for a significant move, setting price targets above $3,000. Spot ETH ETFs have attracted steady inflows, indicating strong investor sentiment. At the same time, increasing exchange netflows hint at possible short-term selling pressure. Whats Next? The price of Ethereum has risen over 40% in the past month, currently trading just north of $2,550....
Possible Scenarios for XPR Once it Breaks Out of Consolidation: Ripple Price Analysis
Possible Scenarios for XPR Once it Breaks Out of Consolidation: Ripple Price Analysis
May 26, 2025
Ripple remains confined within a narrow price range, with minimal fluctuations in recent action. This low-volatility environment suggests an imminent breakout, which will likely define the next major trend. XRP Analysis The Daily Chart XRP is currently trading within a narrow and critical price range, bounded by the 100-day and 200-day moving averages at $2.2, and the descending wedge’s upper...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved