(VIANEWS) – The EUR/JPY gained significant momentum at the end of the week amid a broad-based JPY weakness. Japanese inflation is seeing some signs of deceleration in June and reports of the Bank of Japan sticking to its dovish monetary policy in next week’s meeting makes the Yen lose interest. As reported by FXStreet, june…
(VIANEWS) – EUR/GBP consolidates the latest gains as traders brace for the first readings of the Eurozone and the UK PMIs for July during early Monday. In doing so, the cross-currency pair renews its intraday low near 0.8645 to print the mild losses, after rising in the last two consecutive weeks. As reported by FXStreet,…
(VIANEWS) – GBP/USD remains sidelined while licking its wounds around 1.2850 after the heavy weekly fall during early Monday morning in Asia. In doing so, the Cable pair seesaws between the 100 and 200 Exponential Moving Average (EMA) as the oscillators appear poking bears ahead of the key preliminary readings of the UK and US…
(VIANEWS) – The USD/JPY edges lower on the first day of a new week and erodes a part of Friday’s strong gains to the 142.00 neighbourhood, or a nearly two-week high. Spot prices remain on the defensive through the Asian session and currently trade just below mid-141.00s, down around 0.30% for the day. According to…
(VIANEWS) – Silver Price (XAG/USD) remains mildly bid around $24.65 amid early Monday morning in Asia. In doing so, the XAG/USD recovers from the 10-DMA and three-month-old horizontal support amid upbeat oscillators. FXStreet reported on the fact that that said, bullish MACD signals and the upbeat RSI (14) add strength to the upside bias about…
(VIANEWS) – AUD/USD renews an intraday low to around 0.6725 despite the mixed Australian activity data for July. In doing so, the Aussie pair takes clues from the below 50.0 levels of the PMIs, as well as portrays the market’s cautious mood ahead of the key week comprising top-tier data/events. That said, the upbeat jobs…
(VIANEWS) – Transocean, Inc (RIG), a leading provider of offshore contract drilling services, has secured a significant contract for a high-specification seventh-generation, ultra-deepwater drillship. The contract is for 1,080 days and will be conducted in the Gulf of Mexico offshore Mexico. This deal is expected to contribute approximately million to Transocean’s backlog, excluding revenues for…
(VIANEWS) – Stratasys Ltd., a leading manufacturer of 3D printers, has once again rejected a revised offer from Nano Dimension Ltd. The offer from Nano Dimension, which sought to acquire between 31.9% and 36.9% of Stratasys’ shares, was increased to a cash amount per share. This development comes as the company finds itself embroiled in…
(VIANEWS) – A lot could go wrong with Tesla’s (TSLA) fourth quarter earnings call after the markets close on Wednesday. The market seems to be in agreement with TSLA stock down -1.3% in Wednesday’s premarket. This, however, puts it directly in line with NASDAQ futures, which are declining due to meager growth and outlook from…
(VIANEWS) – EUR/USD (EURUSD) is currently on bearish momentum. At 10:06 EST on Thursday, 8 September, EUR/USD (EURUSD) is at 0.9947, 0.6366% down since the last session’s close. Why is the EUR/USD pair going down? The Russian invasion of Ukraine has hurt the euro’s demand. This war in Eastern Europe has tainted the economic outlook…
