By Peter Nurse Investing.com – The U.S. dollar edged lower in early European trade Tuesday ahead of the start of the latest Federal Reserve policy-setting meeting, while the Australian dollar soared after the Reserve Bank raised interest rates and signalled more to come. At 2:55 AM ET (0655 GMT),Read More →
© REUTERS AMD (AMD) Stock: 3 Analysts Discuss Results After Big Beat Sent Shares 6% Higher Shares of Advanced Micro Devices (NASDAQ:) are up nearly 6% in premarket trading Wednesday after the company issued better-than-expected Q2 revenue and margins outlook. For Q1, the chipmaker an adjusted EPS of $1.13,Read More →
© Reuters. FILE PHOTO: Currency signs of Japanese Yen, Euro and the U.S. dollar are seen on a board outside a currency exchange office at Narita International airport, near Tokyo, Japan, March 25, 2016. REUTERS/Yuya Shino By Karen Brettell NEW YORK (Reuters) – The dollar fell to a one-week lowRead More →
Here is what you need to know on Tuesday, April 5: The Nasdaq was the star performer on Monday as it powered ahead by over 2% on the back of a mega tech rally. Overall, the market breadth was poor with about half of the S&P 500 stocks failingRead More →
Cathie Wood’s ARK Innovation ETF is taking another bruising in the U.S. stock market selloff Wednesday, with the technology sector being hard hit amid concern the Federal Reserve is turning more hawkish in battling soaring inflation. Shares of the ARK Innovation ETF ARKK, -4.71%, an exchange-traded fund managed byRead More →
Brent Crude Oil News and Analysis The month of May remains key for short-term price containment as US and IEA countries announce release of strategic reserves (SPRs) Evaluating the SPR releases: Short-term and longer-term effects Bullish and bearish scenarios explored with key technical levels for both The US andRead More →
Japanese Yen Talking Points USD/JPY appeared to be on track to test the 2015 high (125.86) after clearing the 2016 high (121.69) last week, but a move below 70 in the Relative Strength Index (RSI) is likely to be accompanied by a near-term correction in the exchange rate asRead More →
Americans have good reason to be unhappy with the economy and President Joe Biden. At the State of the Union, he bragged on the strong recovery, but abstract statistics like GDP growth, the unemployment rate and average hourly wages don’t rhyme well with many voters’ personal experiences. Paychecks aren’t keeping upRead More →
© Reuters. FILE PHOTO: Euro, Hong Kong dollar, U.S. dollar, Japanese yen, pound and Chinese 100 yuan banknotes are seen in this picture illustration, January 21, 2016. REUTERS/Jason Lee By John McCrank and Elizabeth Howcroft NEW YORK (Reuters) – The dollar dropped on Wednesday, with the safe-haven currency hittingRead More →
© Reuters. FILE PHOTO: A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying Shanghai Composite index, Nikkei index and Dow Jones Industrial Average outside a brokerage in Tokyo, Japan, March 7, By Davide Barbuscia NEW YORK (Reuters) – Wild swingsRead More →
© Reuters. By Gina Lee Investing.com – The dollar was down on Tuesday morning in Asia, alongside the Japanese yen and the Australian dollar. The latest COVID-19 outbreak in China saw lockdowns in some cities, but the focus is firmly on the U.S. Federal Reserve’s March . The thatRead More →
Crypto exchanges FTX and Kuna and staking platform Everstake have partnered with Ukrainian government officials to launch a donation website for users wishing to send crypto to help the country and its people. In a Monday announcement, Ukraine’s Ministry of Digital Transformation said the government had launched Aid forRead More →
Binance is making headlines again, but not thanks to its usual regulatory woes. The crypto exchange giant announced the launch of Bifinity, a payment tech company, and Binance’s “official fiat-to-crypto payments provider.” This admittedly looks like a standard industry update, but in reality, the new company is a huge litmusRead More →
© Reuters. FILE PHOTO: The logo of Airbus is seen on a building in Toulouse, France, March 11, 2021. REUTERS/Stephane Mahe PARIS (Reuters) – European planemaker Airbus chose the Australian miner Fortescue Metals Group (OTC:) Ltd’s hydrogen unit to help it reduce CO2 emissions from flying, Fortescue Future IndustriesRead More →
Having failed to cross the short-term key hurdle around $2,000, gold (XAU/USD) prints mild losses near $1,990 heading into Tuesday’s Asian session. That said, the bright metal rose to the highest levels since last seen during late 2020 the previous day before retreating from $2,002. While the supply-crunch fearsRead More →
The United States Financial Crimes Enforcement Network, or FinCEN, a bureau of the Treasury Department, has warned financial institutions to consider crypto as a possible means Russia may attempt to use to evade sanctions related to the country’s military action in Ukraine. In a Monday alert, FinCEN reminded U.S.-basedRead More →
I’m looking for a small-town atmosphere, with open land around it and maybe a body of water nearby. I always said my ideal would be water in the front and trees in the back. I can’t be too far from the family just west of the Chicago suburbs, butRead More →
GOLD, XAU/USD, US DOLLAR (DXY), FED, UKRAINE, YIELDS – Talking Points Gold has raced up as markets get jittery over Ukraine developments Fed rate hike expectations fluctuate with conflicting jawboning from officials Lower yields and rising investment risks boosted gold. Can XAU/USD keep going? Gold shot higher on FridayRead More →
Bitcoin (BTC) has given back some of its recent gains, but on-chain data resource Ecoinometrics said that whales are accumulating because they believe the price is attractive from a long-term perspective. On the downside, analyst Willy Woo believes that $33,000 is a strong bottom for Bitcoin. Popular Twitter trader CredibleRead More →
Shares of Match Group Inc. were off 3% in after-hours trading Tuesday as the online-dating giant delivered a lower-than-expected forecast, citing pressure from the omicron variant. The company reported a fourth-quarter GAAP net loss of $168.6 million, or 60 cents a share, whereas it earned $149.0 million, or 50Read More →
GOLD, XAU/USD, US DOLLAR (DXY), FED, FOMC, YIELDS – Talking Points Gold has recovered this week as the US dollar softened on lower yields Rate hike expectations might be fully priced judging by recent Fed comments If the Fed is serious about fighting inflation, what’s in store for XAU/USD?Read More →
Bitcoin analyst and co-founder of software firm Hypersheet Willy Woo believes that on-chain metrics show that BTC is not in a bear market despite observing “peak fear” levels. Speaking on the What Bitcoin Did podcast hosted by Peter McCormack on Jan. 30, Woo cited key metrics such as aRead More →
Metaverse concert organizer Animal Concerts has partnered with South Korean unicorn Kakao’s Klaytn network to increase its exposure to the Korean entertainment industry and facilitate Klaytn’s global expansion plans. The Jan. 10 announcement from Klaytn explains that the partnership between Klaytn and Animal Concerts is expected to help KlaytnRead More →
© Reuters By Dhirendra Tripathi Investing.com – Infosys ADRs (NYSE:) rose 5% on Wednesday after the company raised its annual revenue guidance following a strong third quarter. India’s second-largest software services firm said it expects revenue growth of 19.5% to 20% for the financial year to March, compared withRead More →
© Reuters. FILE PHOTO: Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/File Photo By Dhara Ranasinghe LONDON (Reuters) – The dollar steadied above almost two-month lows against its major peers on Wednesday, ahead ofRead More →
