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Yen swoons by over 1% after BOJ decision
Yen swoons by over 1% after BOJ decision
Apr 26, 2024
Yen tumbled against most major rivals on Friday following the Bank of Japans policy decisions today. In a step that was widely expected, the Bank of Japan maintained interest rates unchanged at below 0.10%, after its decision to move rates outside of negative territory in March. On trading, USD/JPY rallied by 1.3% to 157.7 as of 19:26 GMT. Aussie The...
Dollar under pressure from US yields and Japanese authorities
Dollar under pressure from US yields and Japanese authorities
Apr 29, 2024
Dollar fell in European trade on Monday against a basket of major rivals, resuming gains after a hiatus on Friday and approaching two-week lows as US 10-year treasury yields slowed down. The greenback is also pressured by the Japanese governments intervention to support the yen after tumbling below 160 per dollar for the first time since 1990. The Index The...
Euro Holds Gains Against Dollar Despite Sharp EUR/JPY Fall
Euro Holds Gains Against Dollar Despite Sharp EUR/JPY Fall
Apr 29, 2024
EUR/USD and EUR/JPY Analysis and Charts Download our complimentary Q Euro Forecasts below Recommended by David Cottle Get Your Free EUR Forecast The Euro was higher against the United States Dollar on Monday despite a lack of obvious trading news, with bulls seemingly more confident above the 1.07 mark. The single currency had been under pressure against a resurgent greenback...
Euro hovers near two-week high despite bearish outlook
Euro hovers near two-week high despite bearish outlook
Apr 29, 2024
Euro rose in European trade on Monday against a basket of major rivals, resuming gains against the dollar and almost touching two-week highs ahead of important European inflation data this week. Even as the euro gains ground today, overall outlook points to weakness in upcoming days, especially if inflation data boosted the case for ECB interest rate cuts in June...
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Brent crude oil attempts to gain a positive momentum- Analysis-26-08-2025
Brent crude oil attempts to gain a positive momentum- Analysis-26-08-2025
Aug 25, 2025
The (Brent) price declined on its last intraday levels, amid the emergence of the negative signals on the (RSI), after reaching overbought levels, attempting to offload this overbought condition, gaining bullish momentum that might assist it to recover and rise again, amid the dominance of the bullish correctional trend on the short-term basis, with the continuation of the positive pressure...
The (ETHUSD) gets ready to break a minor bullish trend line-Analysis- 26-08-2025
The (ETHUSD) gets ready to break a minor bullish trend line-Analysis- 26-08-2025
Aug 25, 2025
The (ETHUSD) price declined in its last trading on the intraday levels, surpassing the support of its EMA50, which puts it under negative pressure that intensified by the emergence of the negative signals on the (RSI), despite its reach to the oversold levels, to lean on the support of a minor bullish trend on the short-term basis, gaining some bullish...
Exclusive-Tekscend Photomask targets $2 billion valuation in Tokyo IPO, sources say
Exclusive-Tekscend Photomask targets $2 billion valuation in Tokyo IPO, sources say
Aug 25, 2025
TOKYO (Reuters) -Tekscend Photomask, a Japanese manufacturer of photomasks for chipmaking, is aiming for a valuation of 300 billion yen ($2 billion) in its initial public offering, two sources familiar with the matter said. The company, which is part of Toppan Holdings ( TONPF ), could receive listing approval from the Tokyo Stock Exchange as soon as late September, according...
Silver Price begins its recovery-Analysis-26-08-2025
Silver Price begins its recovery-Analysis-26-08-2025
Aug 25, 2025
The (silver) price rose in its last trading on its intraday levels, after it succeeded in offloading its overbought conditions that were clear on the (RSI), with the emergence of positive overlapping signals, which opens the way for achieving more of the gains on the near-term basis, amid the dominance of the positive pressure that comes from its trading above...
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Tencent Music to buy Chinese audio platform Ximalaya for $2.4 billion
Tencent Music to buy Chinese audio platform Ximalaya for $2.4 billion
Jun 10, 2025
June 10 (Reuters) - Chinese music platform Tencent Music Entertainment Group ( TME ) said on Tuesday it would buy audio platform Ximalaya for about $2.4 billion in cash and stock. (Reporting by Kritika Lamba in Bengaluru; Editing by Arun Koyyur) ...
Societe Generale becomes first major bank to launch dollar-pegged stablecoin
Societe Generale becomes first major bank to launch dollar-pegged stablecoin
Jun 10, 2025
PARIS, June 10 (Reuters) - France's Societe Generale said on Tuesday it plans to launch a publicly tradable, dollar-backed stablecoin through its digital asset subsidiary, making it the first major bank to enter the growing market of dollar-pegged cryptocurrencies. The new digital currency, named USD CoinVertible, will be issued on both the Ethereum and Solana blockchains, with public trading expected...
Lithia & Driveway Adds Two Mercedes-Benz Stores; Provides Share Buyback Update
Lithia & Driveway Adds Two Mercedes-Benz Stores; Provides Share Buyback Update
Jun 10, 2025
06:21 AM EDT, 06/10/2025 (MT Newswires) -- Lithia & Driveway (LAD) said Tuesday that it has acquired two Mercedes-Benz dealerships in Tennessee and Mississippi, adding $220 million in annualized revenue. The acquisitions were funded with existing balance sheet capacity, bringing Lithia's year-to-date expected annualized revenue to $400 million, the company said. Additionally, Lithia said it has repurchased 729,000 shares so...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
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Here’s Why Chainlink (LINK) Surged by Double Digits to Monthly Highs
Here’s Why Chainlink (LINK) Surged by Double Digits to Monthly Highs
May 17, 2024
Chainlink (LINK) went through a massive price surge in the past day, rising over 18% following the successful completion of a pilot program with the Depository Trust and Clearing Corporation (DTCC). The pilot, known as Smart NAV, is an initiative aimed at streamlining the tokenization of traditional finance funds, paving the way for broader institutional adoption of blockchain technology. DTCC...
Bitcoin Pushes Above $66K, is a New All
Bitcoin Pushes Above $66K, is a New All
May 17, 2024
Bitcoin’s price is finally gaining some bullish momentum following almost two months of correction. It seems that the bulls are looking to paint a new record high in the coming weeks, but will they make it? Technical Analysis By TradingRage The Daily Chart Bitcoin’s daily price action has been showing an apparent corrective behavior. The cryptocurrency has been making lower...
New Whales and Long
New Whales and Long
May 17, 2024
Bitcoins price has been struggling to gain momentum post-halving. However, the worlds leading cryptocurrency underwent a significant recovery above $66,000 this week, bringing much-needed optimism after several uneventful weeks. The current data indicates that the $60,000 price point has become a crucial on-chain support level, backed by new whale accumulation and the stability of long-term holders. $60,000 Solidifies as Key...
Crypto Investors Turn Greedy as Bitcoin Surges Past $66K
Crypto Investors Turn Greedy as Bitcoin Surges Past $66K
May 17, 2024
The crypto market is rife with greed again following bitcoin’s (BTC) latest rally to a three-week high of over $66,000. Data from Alternative.me shows the Crypto Fear and Greed Index is currently as high as 74, indicating a period of greed among digital asset investors. Crypto Investors Are Greedy The surge in crypto market sentiment to greed follows a period...
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