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%...

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...

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...

01:32 PM EDT, 03/19/2025 (MT Newswires) -- Energy stocks were higher Wednesday afternoon, with the NYSE Energy Sector Index rising 1.3% and the Energy Select Sector SPDR Fund (XLE) up 1.4%. The Philadelphia Oil Service Sector index added 1.2%, and the Dow Jones US Utilities index increased 0.1% US crude oil stocks, including those in the Strategic Petroleum Reserve, rose...

01:13 PM EDT, 03/19/2025 (MT Newswires) -- US equity indexes rose alongside gains in government bond yields after midday on Wednesday ahead of announcements from the Federal Reserve and Chair Jerome Powell's press briefing. The Nasdaq Composite rose 0.8% to 17,648.2, with the S&P 500 up 0.6% to 5,645.2 and the Dow Jones Industrial Average trading 0.6% higher at 41,820.3....

01:34 PM EDT, 03/19/2025 (MT Newswires) -- Financial stocks advanced in Wednesday afternoon trading with the NYSE Financial Index up 0.4% and the Financial Select Sector SPDR Fund (XLF) gaining 0.5%. The Philadelphia Housing Index added 0.2%, and the Real Estate Select Sector SPDR Fund (XLRE) fell 0.3%. Bitcoin (BTC-USD) rose 2.3% to $84,620, and the yield for 10-year US...

01:07 PM EDT, 03/19/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV were higher. Actively traded Invesco QQQ Trust (QQQ) rose 1%. US equity indexes rose amid higher government bond yields ahead of the policy announcements from the Federal Reserve and Chair Jerome Powell's press briefing on Wednesday. Energy iShares US Energy ETF (IYE) and Energy...

* New definition needed as spending caps eased * 'Defence-relevant' items will qualify * But some countries want broader scope By Jan Strupczewski BRUSSELS, March 20 (Reuters) - When do state investments in arms factories, or the wages of tank crews and pilots not count as defence spending? Answer: When the EU rules say they don't. Until a few days...

March 20 (Reuters) - VEON reported a 14.6% jump in its annual revenue on Thursday, despite a Russian cyberattack in Ukraine and political unrest in Bangladesh affecting the telecoms group's operations. The parent of Ukraine's Kyivstar and Bangladesh's Banglalink said its revenue was $4.24 billion in 2024, with an adjusted impact of $68 million from what it called identified items...

(Reuters) - Nvidia ( NVDA )-backed CoreWeave is aiming to raise as much as $2.7 billion in its U.S. initial public offering, a regulatory filing by the AI startup showed on Thursday. The artificial intelligence-focused cloud services provider and some of its investors are looking to sell 49 million shares priced between $47 and $55 each. The offering is expected...

OTTAWA (Reuters) -Canada said on Wednesday that China had executed four Canadian citizens on drugs smuggling charges earlier this year, and strongly condemned Beijing's use of the death penalty. Foreign Minister Melanie Joly told reporters that all four had been dual citizens and said Ottawa would ask for leniency for other Canadians facing the same fate. There are four Canadians...

Kamal Nath, senior Congress leader and president of Madhya Pradesh Congress Committee, is an ex-minister of urban development and is...

There had been restrictions imposed on the entry of women belonging to the age group of 10-50 in the hill shrine as part of its centuries-old tradition.

Minister made the statement during the 26th anniversary of the Rapid Action Force (RAF), a specialised wing of the Central Reserve Police Force (CRPF).

The update came after Beijing announced Meng Hongwei was under investigation in China.

04:10 AM EDT, 05/24/2024 (MT Newswires) -- Emcore ( EMKR ) said late Thursday it plans to lay off about 40% of its workforce as part of a restructuring program. The staff reductions, which are expected to generate annualized savings of roughly $17 million, will enable the company to carry out its current and planned business base. The layoffs are...

SEOUL, May 24 (Reuters) - Singapore Airlines has tweaked its in-flight seatbelt sign policies and altered at least one flight route after a turbulence incident this week killed one person and left dozens critically injured, according to the airline and flight data. The airline is adopting a more cautious approach to turbulence, including not serving hot drinks or meals when...

LONDON/JOHANNESBURG (Reuters) - BHP's resolve to add more copper to its portfolio will be tested by Anglo American investors' demands for a simpler offer for the whole company or a cash sweetener to clinch a deal that could become the biggest in mining history. Anglo on Wednesday gave BHP, the world's biggest listed miner, additional time to present a binding...

03:58 AM EDT, 05/24/2024 (MT Newswires) -- Acme United ( ACU ) said late Thursday it has acquired the assets of Elite First Aid, which provides tactical, trauma and emergency response products. Financial terms of the deal weren't disclosed. The company expects the acquisition to be accretive. Elite First Aid had revenue of roughly $4.2 million in 2023, Acme said....

The crypto market is experiencing one of its longest, most bitter winters in recent history. It has caused a massive...

Bankman-Fried was found guilty of seven counts of fraud and conspiracy after jurors in Manhattan deliberated for less than five hours Thursday.

Bitcoin prices have typically rallied in the past following halvings. Six months after the first halving in 2012, the price jumped to $126 from $12. After the second halving in 2016, it went to $1,000 from $654 within seven months and in 2020 it shot up to $18,040 from $8,570 in the same time period.

Negotiations between the Justice Department and Binance include the possibility that its founder Changpeng Zhao would face criminal charges in the US under an agreement to resolve the probe into alleged money laundering, bank fraud and sanctions violations, according to the Bloomberg.