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US dollar heads for fresh weekly profit
US dollar heads for fresh weekly profit
Oct 26, 2024
The US dollar rose in European trade on Friday against a basket of major rivals, resuming gains after a short hiatus, and approaching three-month highs once more. The gains come amid a surge in US 10-year treasury yields after bullish remarks from some Fed officials, and strong US data, which hurt the odds of an aggressive pace for US interest...
Aussie skids to 2-1/5 month low as inflation cools
Aussie skids to 2-1/5 month low as inflation cools
Oct 30, 2024
The Australian dollar tumbled in Asian trade on Wednesday to 2-⅕ month lows against the US dollar, sharpening the decline for the fourth straight session after inflation in Australia cooled to three-year lows, reducing the pressure on the Reserve Bank of Australia. The new data boosted the odds of an interest rate cut by the RBA in December, as investors...
Euro rebounds ahead of major eurozone data
Euro rebounds ahead of major eurozone data
Oct 27, 2024
The euro rose in European trade on Thursday against a basket of major rivals after a wave of losses across three sessions, with the euro eventually settling above 3-⅕ month lows against the US dollar. It comes ahead of major data on the eurozone sectors later today, which would shed important light on the health of the European economy in...
Yen skids to three-month low as the gap in treasury yields widens
Yen skids to three-month low as the gap in treasury yields widens
Oct 26, 2024
The yen fell in European trade on Wednesday against a basket of major rivals, sharpening the losses for the third straight session against the US dollar and hitting three-month lows amid concerns about a wider US-Japan gap in government treasury yields. Recent bearish remarks from Japanese officials hurt the odds of a third BOJ interest rate hike this year, while...
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Wheat price begins negatively – Forecast today - 09-04-2024
Wheat price begins negatively – Forecast today - 09-04-2024
Apr 8, 2024
Wheat Price Analysis Expected Scenario Wheat price opened todays trading with a clear decline, aiming to test the $569.80 level. This suggests a potential shift towards a downtrend, prompting us to remain neutral until the price confirms its situation relative to the mentioned level to determine the next targets more accurately. If the price confirms the break below $569.80, it...
Applied Materials may postpone or cancel $4 billion California R&D facility, SF Chronicle reports
Applied Materials may postpone or cancel $4 billion California R&D facility, SF Chronicle reports
Apr 8, 2024
(Reuters) - Applied Materials ( AMAT ), the largest maker of semiconductor equipment in the U.S., may postpone or abandon its plans to build a $4 billion research and development facility in Silicon Valley due to a lack of government funding, the San Francisco Chronicle reported on Monday citing sources familiar with the matter. The Biden administration said last month...
Applied Materials may postpone or cancel $4 bln California R&D facility, SF Chronicle reports
Applied Materials may postpone or cancel $4 bln California R&D facility, SF Chronicle reports
Apr 8, 2024
April 8 (Reuters) - Applied Materials ( AMAT ), the largest maker of semiconductor equipment in the U.S., may postpone or abandon its plans to build a $4 billion research and development facility in Silicon Valley due to a lack of government funding, the San Francisco Chronicle reported on Monday citing sources familiar with the matter. The Biden administration said...
Soybean price resumes the decline – Forecast today - 09-04-2024
Soybean price resumes the decline – Forecast today - 09-04-2024
Apr 8, 2024
Soybean Price Analysis Expected Scenario Soybean price is currently showing negative trades, attempting to move away from the $1193.10 level. This reinforces the expectations of continuing the bearish trend in the upcoming sessions. Our awaited targets begin at $1164.00 and extend to $1131.40. The EMA50 forms negative pressure, supporting the suggested negative scenario, which will remain valid unless the price...
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Myriad Genetics Gets $200 Million Credit Facility
Myriad Genetics Gets $200 Million Credit Facility
Jul 31, 2025
12:13 PM EDT, 07/31/2025 (MT Newswires) -- Myriad Genetics ( MYGN ) said Thursday it secured a new five-year, $200 million senior secured term loan credit facility from OrbiMed to support its growth strategy. The agreement includes $125 million in initial funding, with the option to draw an additional $75 million through June 30, 2027. The loan matures July 31,...
About 154,000 federal workers took Trump administration's buyout offers, source says
About 154,000 federal workers took Trump administration's buyout offers, source says
Jul 31, 2025
WASHINGTON (Reuters) -Roughly 154,000 federal employees have taken buyouts offered by the Trump administration this year, part of a broader push to slim the federal workforce, a person familiar with the matter said on Thursday.  The resignations, which amount to 6.7% of the civilian federal workforce, are the result of a program launched in January by billionaire Elon Musk, a...
Supernus Pharmaceuticals Completes Sage Therapeutics Acquisition
Supernus Pharmaceuticals Completes Sage Therapeutics Acquisition
Jul 31, 2025
12:12 PM EDT, 07/31/2025 (MT Newswires) -- Supernus Pharmaceuticals ( SUPN ) said Thursday that it has completed its acquisition of Sage Therapeutics ( SAGE ) . Supernus offered to pay $8.50 in cash per share of Sage Therapeutics ( SAGE ), plus one non-tradable contingent value right worth up to $3.50 per share in cash subject to the achievement...
Update: Endeavour Mining Down 2.6% on Lower Second-Quarter Adjusted Earnings
Update: Endeavour Mining Down 2.6% on Lower Second-Quarter Adjusted Earnings
Jul 31, 2025
12:05 PM EDT, 07/31/2025 (MT Newswires) -- (Updates shares.) Endeavour Mining ( EDVMF ) on Thursday reported lower second-quarter adjusted earnings as gold production fell. Adjusted earnings, excluding most one-time items, came in at US$179 million, or US$0.74 per share, down from US$219 million, or US$0.90, in the year-prior quarter. Adjusted EBITDA also fell to US$556 million from US$613 million....
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Tether Doubles Down on AI Plans, Looks to Hire Relevant Employees
Tether Doubles Down on AI Plans, Looks to Hire Relevant Employees
Mar 26, 2024
Tether, the company behind USDT, the largest stablecoin by market capitalization, has announced plans to double down on its artificial intelligence (AI) focus and recruit relevant talent to that effect. According to an official release, the stablecoin provider said the move highlights its dedication to advancing AI efficiency and accessibility in the technology sector. Tether Strengthens AI Focus Tethers latest...
Important Binance Announcement Concerning FLOKI and BONK Traders
Important Binance Announcement Concerning FLOKI and BONK Traders
Mar 26, 2024
TL;DR Binance will add new trading pairs and introduce bot services to improve user experience, focusing on certain meme coins. The service expansion excludes users from the USA, Canada, Japan, and several other regions. The worlds biggest cryptocurrency exchange will expand the list of services offered on Binance Spot to enhance users trading experience. It will add the following pairs BONK/USDC,...
Shiba Inu (SHIB) Outperforms Ripple (XRP) and Cardano (ADA) in This Essential Metric
Shiba Inu (SHIB) Outperforms Ripple (XRP) and Cardano (ADA) in This Essential Metric
Mar 26, 2024
TL;DR Shiba Inu experiences a notable rally, surpassing major cryptocurrencies in trading volume, indicating significant investor interest. The surge in SHIB and other meme coins underscores the growing profitability and appeal in the sector. The price of the second-biggest meme coin Shiba Inu (SHIB) continues to rally, spiking by 7% in the past hour and 15% on a 24-hour scale....
Fifth Richest Bitcoin Address Transfers $6 Billion in BTC Amid Surge Past $70K
Fifth Richest Bitcoin Address Transfers $6 Billion in BTC Amid Surge Past $70K
Mar 26, 2024
Over the weekend, the fifth richest Bitcoin address transferred $6 billion worth of the asset to three new wallets. The transfer occurred amid increased institutional interest in BTC, driven perhaps by the upcoming halving in April. Bitcoin Wallet Transfers $6 Billion in Bitcoin Initially funded with 94,500 BTC ($6.05 billion) in 2019, the address remained untouched until last weekend when...
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