Dollar is back under pressure in today, as the rebound in US stocks carry forward to Asia. Swiss Franc is also paring some gains too while Yen softens slightly. Australian and New Zealand Dollars are firm together while Sterling while Euro is mixed. Return of risk-on sentiment, as well as extended pull back in treasury
In this article DLTR DG Dollar General and Dollar Tree stores Getty Images Shares of Dollar General and Dollar Tree popped Thursday, as the discounters beat Wall Street’s quarterly earnings expectations, raised outlooks for the coming year and spoke of consumers flocking to lower prices during inflationary times. As of midday Thursday, shares of Dollar
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As reported by the University of Sao Paulo (USP), the metaverse-centric research will be carried out by research groups interested in 3D modeling, psychology and human behavior, and the effectiveness of virtual and augmented reality devices. These research domains will be evaluated within the context of the metaverse to understand how the new virtual world
The USD/INR is about to end the week modestly lower, pulling back from record levels. The chart shows the primary trend is bullish and strong. According to analysts at Wells Fargo, the rupee will continue to decline versus the US dollar, at a gradual pace. Key Quotes: “The Indian rupee recently hit an all-time record
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The weekly Baker Hughes rig count shows: Oil rigs -2 to 574 Gas rigs +1 to 151 Total rigs, -1 to 727 The price of crude oil is currently up $0.32 at at $114.41 The high for the day reached $115.19. The low for the day extended to $112.85. The high got close to the
Gold loan non-banking finance Indel Money on Friday announced tranche 2 of public issue of up to Rs 100 crore of secured, redeemable non-convertible debentures (NCDs) of the face value of Rs 1,000 each. The issue opened on May 27, 2022, and closes on June 22, 2022 (with an option of early closure in case
Dollar stays broadly pressured today and it’s set to end as the worst performer for the week. PCE data offered some hope that inflation has finally topped. Broad risk sentiment is steady as US stocks could extend rebound in the final session of the week. Benchmark treasury yields are also trading slightly lower. Buying focus
Alibaba, whose headquarters are pictured here on May 26, said its online physical goods GMV in China, excluding unpaid orders, fell further in April, with a “low teens” decline from a year ago. Str | Afp | Getty Images BEIJING — Chinese tech giants Alibaba, Tencent and JD.com have all posted their slowest revenue growth
According to a study by DappRadder, 49% of the blockchain sector is engaged in blockchain gaming. The study also found that Play-to-Earn games are becoming more and more popular, with the number of people playing them increasing every year. Currently, there are about 410 gaming tokens on CoinMarketCapitalization with a total market capitalization of $13,703,237,407
EUR/AUD was around 1.56 on the eve of Russia’s invasion of Ukraine. Its slide extended to near 1.43 by April. Economists at Westpac believe that the pair could race higher towards 1.52/53 in the short-term before turning back lower to the 1.45 area by the third quarter. EUR/AUD could push up to 1.52/53 near-term “Markets
AUDUSD traders await the next shove The AUDUSD is trading up and down as traders await the next shove. Looking at the hourly chart above, the consolidation has seen the price trade above and below the 100 hour MA (blue line) currently at 0.70909. The high price today reached 0.7109 in the Asian session, and
Expects BOJ to keep up monetary policy settings to achieve inflation target They have previously been explicit about the BOJ maintaining its ultra easing policy to achieve the 2% inflation target, but are now saying that the central bank should achieve that “steadily and sustainably”. Given Japan’s predicament, it roughly means the same thing so
NEW DELHI: Gold prices were little changed on Friday, but the metal was on track for a second weekly gain following a retreat in the US dollar from 20-year highs. Gold futures on were trading lower by 0.01 per cent or Rs 4 at Rs 50,867 per 10 grams. However, silver futures were trading higher
The moves in the financial markets are so far rather indecisive. While US stocks rebounded overnight, Asian indexes turned softer. Dollar and Yen are recovering slightly after yesterday’s selloff. Commodity currencies are retreating. European majors are mixed. While Euro and Sterling advanced against the greenback, there is no follow through buying so far. Technically, EUR/USD