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Indian Rupee set to open higher on Monday as US Dollar corrects

The Indian Rupee (INR) is expected to open higher against the US Dollar (USD) on Monday. On Friday, Indian markets are closed for Muharram celebrations.

Japanese Yen: 162 seen as new intervention line against US Dollar – ING

ING’s Francesco Pesole writes that markets are increasingly viewing 162.0 in USD/JPY as a new intervention threshold, helping explain the sharp intraday drop after the pair neared 162.

The Mag 7 trade is ending – The AI cash-flow divorce is just beginning

The old Mag 7 trade was simple: own America’s best businesses, own the AI future, let index gravity and passive flows do the rest.

SK Hynix's Nasdaq Listing Could Lift Valuation By 20% And Narrow Gap With Micron, HSBC Says

According to a CNBC report citing a HSBC note, Micron has benefited from access to U.S. capital, helping it increase its valuation relative to SK Hynix.

Beyond Air GAAP EPS of -$4.01 misses by $0.24, revenue of $7.7M misses by $0.38M

Tech Caution Prevails on Wall Street Pre-Bell; Asia, Europe Down

Wall Street futures pointed moderately lower pre-bell Friday as traders again toggled risk off on ri

At a glance: stocks gapping down premarket

China’s Crude Imports Set to Hit Weakest Level Since 2016

Chinese crude oil imports this month are on course to book an even weaker month than May, according to Kpler data, which sees the daily average at just 6.4 million barrels, as cited by Bloomberg. Data ...

Euro picks up above 1.1400 amid lower Oil prices and a softer US Dollar

The Euro (EUR) pares previous weekly losses against the US Dollar (USD) on Friday, favoured by a sharp decline in oil prices and a somewhat softer US Dollar.

A fistful of dollars: five reasons why the U.S. currency is rising

With a peace agreement in place to end the war in the Gulf, investors might have been fogiven for the dollar’s flight-to-safety trade to fade. However, the dollar has confounded expectations and sits ...

At a glance: stocks gapping up premarket

The hand-to-mouth stock market rally

A rotation is going on in US stocks right now, the weakest performing companies on the S&P 500 include those most closely linked to AI, including Palantir and Oracle, which are down 18% and 16% respec ...