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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...
Euro hits one-week high ahead of German inflation data
Euro hits one-week high ahead of German inflation data
Oct 30, 2024
Euro rose in European trade on Wednesday on track for the third profit in a row against the US dollar, hitting a week high after data showed Spanish inflation rose past estimates in October, renewing the pressure on the European Central Bank. The odds of a 0.25% ECB interest rate cut in December dipped, with investors now waiting for official...
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...
Yen skids to three-month trough as Japanese governing coalition loses majority
Yen skids to three-month trough as Japanese governing coalition loses majority
Oct 28, 2024
The Japanese yen skidded in Asian trade on Monday to three-month lows against the US dollar, after the election loss by the current Japanese parliamentary governing coalition, which could impede future interest rate hikes by the Bank of Japan. The yen is also pressured by a surge in US 10-year treasury yields, amid speculation about a cautious stance by the...
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Upcoming Nvidia Earnings Stifle Investor Sentiment, Driving Muted Premarket Action for US Equity Futures
Upcoming Nvidia Earnings Stifle Investor Sentiment, Driving Muted Premarket Action for US Equity Futures
Aug 29, 2024
09:01 AM EDT, 08/28/2024 (MT Newswires) -- US equity futures were nearly flat before Wednesday's opening bell as traders stayed on the sidelines ahead of quarterly earnings from chipmaker Nvidia ( NVDA ) . The Dow Jones Industrial Average futures, S&P 500 future, and Nasdaq futures were all down around 0.1%. Nvidia ( NVDA ) is scheduled to release its...
Wall Street flat at open ahead of Nvidia results
Wall Street flat at open ahead of Nvidia results
Aug 29, 2024
(Reuters) - Wall Street's main indexes were flat at the open on Wednesday ahead of Nvidia's earnings report, with focus squarely on whether the recent bull market rally led by the AI chip firm and other tech-related shares can be sustained. The Dow Jones Industrial Average fell 0.33 point, or flat, at the open to 41,250.17. The S&P 500 opened...
US STOCKS SNAPSHOT-Wall Street flat at open ahead of Nvidia results
US STOCKS SNAPSHOT-Wall Street flat at open ahead of Nvidia results
Aug 29, 2024
Aug 28 (Reuters) - Wall Street's main indexes were flat at the open on Wednesday ahead of Nvidia's earnings report, with focus squarely on whether the recent bull market rally led by the AI chip firm and other tech-related shares can be sustained. The Dow Jones Industrial Average fell 0.33 point, or flat, at the open to 41,250.17. The S&P...
U.S. bond yields to rise above 4% even as Fed prepares rate cuts, Deutsche Bank says
U.S. bond yields to rise above 4% even as Fed prepares rate cuts, Deutsche Bank says
Aug 29, 2024
LONDON, Aug 28 (Reuters) - The U.S. 10-year Treasury yield is likely to rise back above 4% in the coming weeks, Deutsche Bank has said, with markets currently over-confident about the amount of rate cuts the Federal Reserve will deliver. A slowdown in inflation and signs of labour market weakness have caused investors to price in around 100 basis points...
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Blackrock price exposed to negative pressure - Forecast today - 03-06-2026
Blackrock price exposed to negative pressure - Forecast today - 03-06-2026
Jun 3, 2026
BlackRock, Inc. (BLK) stock price remains on a series of consecutive losses in its latest trading sessions, having broken below a short-term upward trend line while also falling beneath the support of its 50-day SMA. This has exposed the stock to increased negative pressure and reduced the chances of a near-term recovery, especially with continued negative signals from the Stochastic...
Delta Airlines price collects profits - Forecast today - 03-06-2026
Delta Airlines price collects profits - Forecast today - 03-06-2026
Jun 3, 2026
Delta Air Lines, Inc. (DAL) stock price declined in its latest intraday trading, as the stock takes profits from its previous gains while also attempting to relieve part of its clear overbought condition on the Stochastic indicators, especially with the emergence of negative signals from them. This pullback may help the stock rebuild positive momentum that could support a renewed...
UiPath price driven lower by pivotal resistance - Forecast today - 03-06-2026
UiPath price driven lower by pivotal resistance - Forecast today - 03-06-2026
Jun 3, 2026
UiPath, Inc. (PATH) stock price declined in its latest intraday trading after the key resistance level at $12.40 held firm. The stock is taking profits from its previous gains while attempting to relieve part of its clear overbought condition on the Stochastic indicators, especially with the emergence of negative signals from them. This pullback may help the stock rebuild positive...
AMD price soars - Forecast today - 03-06-2026
AMD price soars - Forecast today - 03-06-2026
Jun 3, 2026
Advanced Micro Devices, Inc. (AMD) stock price advanced in its latest intraday trading, amid the dominance of the main upward trend in the medium term, while moving alongside a short-term trend line with a steep angle that reflects the strength of this bullish path. The stock also continues to benefit from positive pressure generated by trading above its 50-day SMA,...
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Rhythm Names PANTHERx Rare as Exclusive US Pharmacy Partner for Imcivree's Expanded Indication
Rhythm Names PANTHERx Rare as Exclusive US Pharmacy Partner for Imcivree's Expanded Indication
Mar 20, 2026
01:43 PM EDT, 03/20/2026 (MT Newswires) -- Rhythm Pharmaceuticals ( RYTM ) has selected PANTHERx Rare as the exclusive US pharmacy distribution partner for the expanded indication of Imcivree, or setmelanotide, to treat acquired hypothalamic obesity in patients aged 4 years and older, PANTHERx Rare said Friday. Acquired hypothalamic obesity is a rare disease with weight gain caused by an...
Biogen, Eisai Report Long-Term Data Showing Patients Choose to Stay on Lecanemab Treatment
Biogen, Eisai Report Long-Term Data Showing Patients Choose to Stay on Lecanemab Treatment
Mar 20, 2026
01:28 PM EDT, 03/20/2026 (MT Newswires) -- Biogen (BIIB) and Eisai said Friday that an analysis of real-world data showed that most patients choose to continue receiving lecanemab after the initial 18 months of treatment. The companies said 94% of patients who completed 18 months of lecanemab treatment in a phase 3 study enrolled in the subsequent long-term extension study....
Brazil's Lula pitches Petrobras-Pemex partnership, signals plan to buy back refinery
Brazil's Lula pitches Petrobras-Pemex partnership, signals plan to buy back refinery
Mar 20, 2026
SAO PAULO, March 20 (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Friday he had proposed a partnership between state energy firms Petrobras and Pemex to explore oil in the Gulf of Mexico. Pemex could get a great deal of help from Petrobras, Lula told an event, saying he had called Mexican President Claudia Sheinbaum to pitch...
Why Is Reddit Stock Trading Higher Today?
Why Is Reddit Stock Trading Higher Today?
Mar 20, 2026
Shares of Reddit, Inc. ( RDDT ) are trading higher after a San Francisco County court tentatively sided with the company in its lawsuit against Anthropic. Reddit ( RDDT ) shares are advancing steadily. Why is RDDT stock advancing? Reddit Fights Anthropic Over Training Data Social media site Reddit ( RDDT ) sued Anthropic last year, claiming that the artificial...
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Charles Hoskinson Backs Ripple Over Coinbase in Circle Takeover Battle
Charles Hoskinson Backs Ripple Over Coinbase in Circle Takeover Battle
May 26, 2025
TL;DR Charles Hoskinson weighed in on the rumored multi-billion-dollar bidding war between Ripple and Coinbase for stablecoin issuer Circle. He also revealed ongoing talks to bring Ripple’s RLUSD to Cardanos ecosystem. Hoskinsons Choice In a recent video on YouTube, Cardanos founder claimed that such an acquisition would make the crypto space better. Hoskinson also argued that the Coinbase-a16z-Circle mafia has...
Bitcoin (BTC) Brushes Off Geopolitical Jitters: Here Is the Next Target in Sight
Bitcoin (BTC) Brushes Off Geopolitical Jitters: Here Is the Next Target in Sight
May 26, 2025
Bitcoin clawed back losses on Monday, rising to nearly $110,000 after US President Donald Trumps unexpected EU tariff announcement rattled markets over the weekend. A key technical pattern has now emerged, which could potentially hint at the next major move in the cryptocurrencys ongoing price trend. Bitcoins Double Bottom Formation Bitcoin may be on track to reach $112,000 following the...
Interesting Ethereum (ETH) Price Predictions as of Late
Interesting Ethereum (ETH) Price Predictions as of Late
May 26, 2025
TL;DR Numerous analysts foresee ETH gearing up for a significant move, setting price targets above $3,000. Spot ETH ETFs have attracted steady inflows, indicating strong investor sentiment. At the same time, increasing exchange netflows hint at possible short-term selling pressure. Whats Next? The price of Ethereum has risen over 40% in the past month, currently trading just north of $2,550....
Analyst Forecasts BTC Short
Analyst Forecasts BTC Short
May 26, 2025
Bitcoin’s current rally may only be warming up, with market watchers predicting a potential surge to $162,000 by mid-June, largely driven by short-term holders approaching a critical profit threshold. According to Axel Adler Jr., Bitcoin’s Net Unrealized Profit/Loss (NUPL) for those who’ve held the cryptocurrency for a maximum of three months sits at 27%. The Short-Term Holder Catalyst In a...
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