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Yen moves in negative zone under supervision of Japanese authorities
Yen moves in negative zone under supervision of Japanese authorities
May 8, 2024
Yen declined on Wednesday in Asian trade against a basket of major rivals, extending losses for the third straight session against the dollar and trading below 155 yen per dollar, which boosts the likelihood of another direct intervention by Japanese authorities. Analysts noted that any intervention by the Bank of England would only represent a temporary reprieve for the yen...
Aussie Dollar Reaction: RBA's Firm Stance Collides with Troubling Inflation Expectations
Aussie Dollar Reaction: RBA's Firm Stance Collides with Troubling Inflation Expectations
May 8, 2024
Australian Dollar (AUD/USD) Analysis RBA keeps rates unchanged, surprising marketsInflation proves stubborn, with elevated levels expected until 2025AUD/USD pulls back - AUD more broadly, may find support from interest rate differentials (longer-term)Potential stabilization and benefits for the Aussie dollar amid global risk appetiteGet your hands on the Aussie dollar Q2 outlook today for exclusive insights into key market catalysts that...
Dollar regains footing ahead of important Fed remarks
Dollar regains footing ahead of important Fed remarks
May 7, 2024
Dollar rose in European trade on Tuesday against a basket of major rivals, holding ground above three-week lows amid active short-covering. Investors await a series of remarks by Fed officials later today, looking for clues on the future of US interest rates. The current gains are stymied by a recent decline in US 10-year treasury yields to four-week lows, undermining...
EUR/USD Nears Resistance
EUR/USD Nears Resistance
May 7, 2024
EUR/USD Price Outlook and Sentiment Analysis EUR/USD near a zone of resistanceStronger EUR/USD bullish contrarian biasLearn How to Trade the News with our Expert Guide Recommended by Nick Cawley Trading Forex News: The Strategy The Euro continues to push ahead against the dollar as rate cut expectations in the US grow after last week’s mildly dovish FOMC meeting and a...
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Sector Update: Health Care
Sector Update: Health Care
Mar 21, 2024
03:42 PM EDT, 03/21/2024 (MT Newswires) -- Health care stocks rose late Thursday afternoon with the NYSE Health Care Index adding 0.2% and the Health Care Select Sector SPDR Fund (XLV) rising 0.3%. The iShares Biotechnology ETF (IBB) climbed 0.9%. In corporate news, Eledon Pharmaceuticals ( ELDN ) shares surged 12% after it said its tegoprubart monoclonal antibody was used...
FedEx, Nike And 3 Stocks To Watch Heading Into Friday
FedEx, Nike And 3 Stocks To Watch Heading Into Friday
Mar 22, 2024
With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows: FedEx Corporation ( FDX ) reported better-than-expected earnings for its third quarter and authorized a new $5 billion share repurchase program. FedEx ( FDX ) shares jumped 12.9% to $299.07 in the after-hours trading session. Worthington Steel,...
Sector Update: Financial
Sector Update: Financial
Mar 21, 2024
03:19 PM EDT, 03/21/2024 (MT Newswires) -- Financial stocks advanced late Thursday afternoon, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each rising 0.9%. The Philadelphia Housing Index climbed 1.8%, and the Real Estate Select Sector SPDR Fund (XLRE) was adding 0.4% Bitcoin (BTC-USD) dropped 4% to $65,176, and the yield for 10-year US Treasuries...
Japan's Nikkei ends at record high on Wall Street gains, weaker yen
Japan's Nikkei ends at record high on Wall Street gains, weaker yen
Mar 22, 2024
(Updates to closing prices) TOKYO, March 22 (Reuters) - Japan's Nikkei share average closed at an all-time high on Friday, underpinned by record gains on Wall Street overnight and strength in automakers' stocks on a weaker yen. The Nikkei rose 0.18% to end at 40,888.43, after hitting 41,087.75 earlier in the session to break an all-time intraday high. The index,...
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Crude oil price forecast update 02-05-2024
Crude oil price forecast update 02-05-2024
May 2, 2024
Crude Oil Trading Report Crude oil price shows positive trades and attempts to breach 79.60$, which urges caution from the upcoming trading, as confirming breaching this level will stop the expected bearish wave for today and push the price to build bullish wave on the intraday basis, its targets begin by visiting 81.50$ areas. Now, the price needs to trade...
The EURGBP tests key support – Forecast today – 2-5-2024
The EURGBP tests key support – Forecast today – 2-5-2024
May 2, 2024
Expected Scenarios The EURGBP price formed many bearish trades recently, to test 38.2% Fibonacci correction level at 0.8530 and form key support against the current trades, as the frequent stability above this support allows us to keep the bullish overview to target 0.8580 level initially, followed by reaching 0.8630 on the medium term basis. Also, stochastic exit from the oversold...
Natural gas price moves slowly – Forecast today – 2-5-2024
Natural gas price moves slowly – Forecast today – 2-5-2024
May 2, 2024
Expected Scenarios Natural gas price continued to provide slow sideways trades, affected by the continuous contradiction between the major indicators negativity, with the attempts to hold above the additional support at 1.900$, expecting to witness instability until gathering the positive momentum and manage to jump above the MA55 at 2.060$ followed by attacking the minor bullish channels resistance line at...
Gold price forecast update 02-05-2024
Gold price forecast update 02-05-2024
May 2, 2024
Gold Trading Report Gold price shows new negative trades to move away from 2325.90$ level, reinforcing the expectations of continuing the bearish trend for today, motivated by the negative overlapping signal provided by stochastic now, reminding you that our waited target is located at 2260.60$, which breaking it represents to key to rally towards 2207.80$ as a next correctional target....
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Iran has attacked Saudi Arabia's Jubail petrochemical complex, IRGC says
Iran has attacked Saudi Arabia's Jubail petrochemical complex, IRGC says
Apr 7, 2026
April 7 (Reuters) - Iran on Tuesday attacked Saudi Arabia's Jubail petrochemical complex, the heart of the kingdom's downstream sector, Iran's Islamic Revolutionary Guard Corps said in a statement, though it was not immediately clear what exactly was hit. Jubail, a sprawling industrial city, houses massive, multi-billion-dollar joint ventures between state-backed oil giant Saudi Aramco and its petrochemical subsidiary SABIC,...
Blackstone Says Capital Opportunities Fund V Closed at $10 Billion Hard Cap
Blackstone Says Capital Opportunities Fund V Closed at $10 Billion Hard Cap
Apr 7, 2026
08:12 AM EDT, 04/07/2026 (MT Newswires) -- Blackstone (BX) said Tuesday it has raised more than $10 billion of investable capital for its Blackstone Capital Opportunities Fund V, which was oversubscribed and closed at its hard cap. Blackstone said the fund is its largest opportunistic credit fund raised to date. The fund will invest in both performing investments and opportunistic...
Market Chatter: Gilead Sciences to Buy Tubulis for Up to $5 Billion
Market Chatter: Gilead Sciences to Buy Tubulis for Up to $5 Billion
Apr 7, 2026
08:11 AM EDT, 04/07/2026 (MT Newswires) -- Gilead Sciences ( GILD ) has agreed to acquire private German biotech company Tubulis for $3.15 billion upfront in cash and up to $1.85 billion more should certain milestones be met, Bloomberg News reported Tuesday, citing people familiar with the matter. An announcement could reportedly come as soon as Tuesday. Gilead Sciences (...
Strikes intensify on defiant Iran as clock ticks down on Trump threat of 'hell'
Strikes intensify on defiant Iran as clock ticks down on Trump threat of 'hell'
Apr 7, 2026
* Tehran rejects temporary ceasefire, senior Iranian source says * Iran says Pakistani mediation efforts at critical stage * Israel warns Iranians to stay away from trains and railways * Deadline approaches on Trump's threat to hit infrastructure * Iranian media report strike on synagogue in Tehran By Parisa Hafezi and Trevor Hunnicutt DUBAI/WASHINGTON, April 7 (Reuters) - Iran showed...
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Bitcoin Could Hit New All
Bitcoin Could Hit New All
Aug 7, 2024
CryptoQuant CEO Ki Young Ju predicts that if bitcoin’s price remains above $45,000, it could surpass its all-time high within a year. His optimism persists in the crypto market even as some bearish indicators loom in the broader financial markets following bitcoins rebound from the Monday lows. Ki Young Ju Predicts Bitcoin Recovery Ki Young Ju warned on X that...
Important Ripple (XRP) Metric Hits a Three
Important Ripple (XRP) Metric Hits a Three
Aug 7, 2024
TL;DR Ripples XRP saw a significant drop to $0.43 but quickly rebounded to $0.51, with active XRP accounts increasing by 45% on a 24-hour scale. Analysts envision a potential bull run for the asset, but some caution that staying below the $0.54 EMA could be followed by another pullback. This Indicator Headed North Ripples XRP was severely affected by the...
Why is the Cardano (ADA) Price Up Today?
Why is the Cardano (ADA) Price Up Today?
Aug 7, 2024
Cardano managed to find support at 31 cents after a brutal crash. Key Support levels: $0.31 Key Resistance levels: $0.37 1. Bounce in Progress After Crash On Monday, ADA briefly visited 27 cents before buyers returned to lift the price above the support at 31 cents. Since then, buyers managed to keep a grip on the price and stop sellers...
Bitcoin Wallet From Satoshi Era Awakens After 11 Years, Transfers $14M
Bitcoin Wallet From Satoshi Era Awakens After 11 Years, Transfers $14M
Aug 7, 2024
After 11 years of dormancy, a Bitcoin wallet belonging to a miner, dating back to the Satoshi era in 2010, has come back to life. This entity suddenly became active on August 7 and transferred 250 BTC, worth approximately $13.95 million, to five new wallets. Historic Bitcoin Wallet From 2010 Awaken According to the latest update by popular on-chain tracker...
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