Japanese Yen (USD/JPY) Analysis BoJ minutes extend the ‘carry trade’ as officials rule out rapid rate hikesLike clockwork, Japan’s top currency diplomat voices dissatisfaction with recent yen volatility, weaknessIG Client sentiment ‘mixed’ despite massive short positioningThe analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library BoJ...

US DOLLAR FORECAST – EUR/USD, GBP/USD, USD/JPY Most Read: US Dollar Forecast: PCE Data to Steal Show; EUR/USD, USD/JPY, GBP/USD Setups The dollar fell slightly on Monday, but losses were moderate and probably contained by rallying U.S. Treasury yields. Many traders decided to take profits after the greenback's strong performance last week, while others avoided taking large directional positions in...

Number of traders net-short has decreased by 16.42% from last week. SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OI Gold BEARISH 50.43% 49.57% 11.14% Daily7.51% Weekly 6.18% Daily-16.42% Weekly 8.62% Daily-5.85% Weekly Gold Bearish Data provided by of clients are net long. of clients are net short. Change in Longs Shorts OI Daily 11% 6% 9% Weekly 8% -16% -6%...

Gold Whipsaws and Signals a Potential Momentum Shift The precious metal rose phenomenally in the wake of the FOMC meeting and updated summary of economic projections. The US dollar acted as the release valve for all the hawkish sentiment that had been priced into the market. US activity, jobs and inflation data printed on the higher side of estimates in...

04:58 PM EDT, 05/24/2024 (MT Newswires) -- US benchmark equity indexes closed mostly higher Friday, with the Nasdaq Composite reaching a new record, as traders assessed the latest economic data, including a report showing a surprise growth in April durable goods orders. The technology-heavy Nasdaq rose 1.1% to 16,920.8, while the S&P 500 gained 0.7% to 5,304.7. The Dow Jones...

03:34 PM EDT, 05/24/2024 (MT Newswires) -- Health care stocks were declining late Friday afternoon, with the NYSE Health Care Index shedding 0.4% and the Health Care Select Sector SPDR Fund (XLV) down 0.3%. The iShares Biotechnology ETF (IBB) was fractionally lower. In corporate news, Scilex ( SCLX ) said Friday that it has been notified that it will be...

* Latam stocks off 0.6%, FX off 0.1% * Peru's economy minister asks cenbank chief to be more proactive in reducing interest rates * Brazil's Petrobras approves Chambriard as new CEO * Brazil's central bank chief finds growing inflation expectations worrisome (Updated at 1945 GMT) By Shashwat Chauhan and Johann M Cherian May 24 (Reuters) - Most Latin American currencies...

04:45 PM EDT, 05/24/2024 (MT Newswires) -- The Standard & Poor's 500 index edged up this week as gains in the technology and communication services sectors offset declines elsewhere. The S&P 500 ended Friday's session at 5,304.72, up from last week's close of 5,303.27. Still, that's just below Tuesday's fresh record close of 5,321.42. The market benchmark also reached a...

April 2 (Reuters) - Private equity firm EQT said on Tuesday it has agreed to buy compliance software maker Avetta from Welsh, Carson, Anderson & Stowe (WCAS). Reuters reported on Monday citing sources that EQT had prevailed in a sale process run by Avetta's owner WCAS, valuing it at roughly $3 billion, including debt. The Stockholm, Sweden-based investment firm is...

April 2 (Reuters) - Semiconductor company Intel ( INTC ) disclosed increasing operating losses for its foundry business on Tuesday, according to a regulatory filing. Intel ( INTC ) said the manufacturing unit had $7 billion in operating losses for 2023, a steeper loss than the $5.2 billion in operating losses the year before. The unit had revenue of $18.9...

Whales with a lot of money to spend have taken a noticeably bearish stance on Broadcom ( AVGO ). Looking at options history for Broadcom ( AVGO ) we detected 105 trades. If we consider the specifics of each trade, it is accurate to state that 35% of the investors opened trades with bullish expectations and 64% with bearish. From...

(Reuters) -Semiconductor company Intel disclosed increasing operating losses for its foundry business on Tuesday, according to a regulatory filing with the U.S. SEC. Intel said the manufacturing unit had $7 billion in operating losses for 2023, a steeper loss than the $5.2 billion in operating losses the year before. The unit had revenue of $18.9 billion for 2023, down 31%...

Greece has repeatedly asked the British Museum to permanently return the 2,500-year-old sculptures that British diplomat Lord Elgin removed from the Parthenon temple in the early 19th century when he was ambassador to the Ottoman Empire.

Canadian Prime Minister Justin Trudeau also said on Tuesday (September 19) his government does not seek to 'escalate' tensions with India. This, in the backdrop of the two countries expelling a senior diplomat each.

British politics is abuzz with musical chairs like excitement. PM Rishi Sunak, who had to remove his outspoken interior minister Suella Braverman for her article on a pro-Palestine march in UK, has brought ex-PM David Cameron — who had lost the top job over Brexit — back into the fresh equation.

The investigation moving forward would be the most productive thing that can happen now, according to Blinken's statement.

QUITO, March 3 (Reuters) - A consortium made up of subsidiaries of Chinese state energy giant Sinopec and Canada's New Stratus Energy ( RDRIF ) has been awarded a 20-year production sharing contract for Ecuador's most productive oil block, New Stratus Energy ( RDRIF ) said in a statement on Monday. New Stratus said the deal includes an upfront cash...

03:31 PM EST, 03/03/2025 (MT Newswires) -- Spencer S Lee, Executive Vice President, on March 03, 2025, sold 1,326 shares in Chemed ( CHE ) for $785,324. Following the Form 4 filing with the SEC, Lee has control over a total of 17,627 capital shares of the company, with 17,627 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/19584/000095017025030758/xslF345X05/ownership.xml Price: 590.13, Change: -10.67,...

March 3 (Reuters) - Austria's OMV and Abu Dhabi National Oil Company said on Monday they have reached a $9.4 billion deal to acquire Canada's Nova Chemicals through a joint venture, OMV said in a statement. ...

03:32 PM EST, 03/03/2025 (MT Newswires) -- Consumer stocks were mixed late Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) falling 2.3%. In corporate news, Philip Morris International ( PM ) is mulling the sale of its cigar business in the US as part of a...

One of crypto’s most powerful government nemeses believes journalists question him about the burgeoning asset class way more than necessary. Securities and Exchange Commission (SEC) chairman Gary Gensler appeared for a nine-minute interview with CNBC on Wednesday and blamed the host for asking for such an “outsized ratio” of crypto-focused questions. Gensler Is Tired Of Crypto Questions Gensler’s interviewer, Andrew...

TL;DR Influential social media users and traders are accumulating Shiba Inu, citing strong market potential and technical patterns that predict significant price increases. Key factors that could trigger a SHIB price rally include an increased token burn rate, advancements in its Shibarium layer-2 solution, and a decrease in token supply on exchanges. I Know the Future Despite its rapid price...

The hacker behind the attack on cryptocurrency exchange Poloniex in November 2023 recently transferred over 1,100 Ether (ETH) to sanctioned crypto mixer Tornado Cash. The hacker sent the Ether in batches while still holding over $180 million worth of assets across different blockchains. Poloniex Hacker Launders 1,120 ETH According to data from Arkham Intelligence, the Poloniex hacker transferred 100 ETH...

Hong Kong’s Bitcoin ETFs experienced their first setback after launching on April 30, following their first cumulative daily BTC outflows on Monday. The outflow came from the China Asset Management Bitcoin ETF, while the other Hong Kong-based products had no flows. Hong Kong ETFs See Modest Inflows According to Farside data, the China AMC Bitcoin ETF saw an outflow of...