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SpaceX sheds $400bn in market value as debut rally hits reverse
Shares in Elon Musk’s AI and rockets group tumble more than 16% following fresh rise in US bond yiel...
Dow Jones Futures: Tech Stocks Tumble As SpaceX Plunges; Amazon, Alphabet, Nvidia Sell Off
Dow Jones Futures: The tech-heavy Nasdaq composite sold off Monday as SpaceX stock plunged. Amazon, ...
Oil falls as US waives Iranian sanctions and Nasdaq tumbles
Crude prices fell Monday after the US said it is temporarily lifting sanctions on Iran to allow it t...
Swiss Franc declines as risk-off mood lifts USD
USD/CHF gains ground for the fifth consecutive day, trading around 0.7850 during the Asian hours on Friday. The pair appreciates as the US Dollar (USD) advances following the release of robust US Reta ...
Gold declines for fourth straight day as hawkish Fed bets and geopolitics support USD
Gold (XAU/USD) is seen extending this week's pullback from the monthly peak and drifting lower for the fourth straight day on Friday amid a sustained US Dollar (USD) buying interest.
EUR/USD Price Forecast: Near-term bias turns negative on breakdown below 1.1655
The EUR/USD pair extends its losing streak for the fourth trading day on Friday, trading 0.15% lower to near 1.1653 during the Asian trading session.
British Pound declines to near 1.3350 amid UK political uncertainty
The GBP/USD pair faces some selling pressure near 1.3365 during the Asian trading hours on Friday. The British Pound (GBP) weakens against the US Dollar (USD) amid political uncertainty in the United ...
Canadian Dollar declines as oil dips, Fed shift lifts USD/CAD
USD/CAD extends its winning streak for the eighth straight day, trading around 1.3740 during the Asian hours on Friday. The Canadian Dollar (CAD) continues to struggle due to its heavy reliance on the ...
Silver Price Forecast: XAG/USD slides below $81.50; 38.2% Fibo. breakdown comes into play
Silver (XAG/USD) attracts some follow-through selling for the second consecutive day on Friday and retreats further from over a one-month high, around the $89.35-$89.40 region, touched earlier this we ...
WTI holds losses near $97.50 as 30 vessels navigate through Hormuz
West Texas Intermediate (WTI) oil price remains in the negative territory after posting modest gains in the previous day, trading around $97.60 per barrel during the Asian hours on Friday.
Japanese Yen drops to two-week low vs USD as bears shrug off intervention fears
The USD/JPY pair touches a two-week high during the Asian session on Friday and looks to extend the weekly uptrend amid a broadly firmer US Dollar (USD).
Euro weakens to near 1.1650 as hot US inflation boosts Fed hike expectations
The EUR/USD pair trades in negative territory near 1.1660 during the early Asian session on Friday.
Fed’s Barr: Easing liquidity regulations to reduce Fed balance sheet not advisable
Federal Reserve (Fed) Governor Michael Barr said that lowering liquidity rules to get the central bank’s balance sheet smaller is a bad idea and could undermine the safety of the financial system, Re ...
Pound Sterling breaks down as Labour turmoil overshadows stronger UK GDP data
GBP/USD fell 0.9% on Thursday, breaking below 1.3500 in a sharp staircase decline from session highs to a low close to 1.3395. The move extended a multi-week downtrend from the early-March peak, with ...
New Zealand Business NZ PMI declined to 50.5 in April from previous 53.2
New Zealand Business NZ PMI declined to 50.5 in April from previous 53.2