Month: January 2023

Yen’s weakness continues into US session after BoJ Governor Haruhiko Kuroda repeated his dovish stance. Swiss Franc is also trading notably lower, reversing some of this week’s gains. Aussie, Kiwi are extending recovery but there is no clear upside momentum. For the week, Sterling is still the strongest, followed by Swiss Franc while Yen is
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Mullen Automotive stock is losing value on Friday. MULN stock has lost more than -16% YTD.  To continue its production ramp up goals, Mullen will probably need to keep diluting shareholders. Mullen management could boost oustanding shares from 1.7 billion to 5 billion. Mullen Automotive (MULN) has experienced an awful slide this week. Early January’s
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The dollar is trading somewhat mixed ahead of European trading, with trading sentiment being dictated by a couple of factors at the moment. The euro remains resilient after comments by ECB policymakers yesterday while the yen is continuing its volatile trip, being the laggard today as bond yields keep a slight bounce from yesterday. The
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In this article PG Follow your favorite stocksCREATE FREE ACCOUNT Gillette Good News razors on display on January 28, 2005 in San Francisco. Justin Sullivan | Getty Images Procter & Gamble reported year-over-year declines in revenue and profit on Thursday, as higher prices look to offset declining sales volumes. Here’s how P&G performed in its
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Gold prices fell by Rs 52 to Rs 56,475 per 10 grams in the national capital on Thursday amid weak global trends, according to Securities. The precious metal closed at Rs 56,527 per 10 grams in the previous trade. Silver also tumbled Rs 850 to Rs 68,500 per kg. “Spot gold prices in the Delhi
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Euro is lifted slightly by hawkish comments from ECB officials, as well as the meeting accounts. But overall, it’s risk-on sentiment that matters more for now, supporting Yen and Dollar too. Commodity currencies are so far the worst performers, with Aussie also weighed down by poor job data. Sterling and Swiss Franc are currently mixed.
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The recent GBP underperformance is largely due to a less hawkish BoE and sluggish domestic activity data but its underperformance is unlikely to continue in the light of a rebound in global risk sentiment and improving domestic dynamics, economists at HSBC report. GBP to benefit from the UK’s improving external balance “With inflation in the
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