October 30, 2024
Dollar profits from Japan political uncertainty, data and US election in focus
The dollar hit three-month highs against the yen, but was little changed on the day against most majors as traders bided their time ahead of next week’s U.S. election and a slew of incoming economic data. The Dollar-Yen pair saw a minor rise of 0.2% in the last session. The Ultimate Oscillator’s is giving a […]
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October 30, 2024
Visa to lay off around 1,400 employees and contractors
Card giant Visa is planning to lay off about 1,400 employees and contractors by the end of the year, the Wall Street Journal reported, citing people familiar with the matter. About 1,000 of the cuts are expected to eliminate technology positions. Visa’s stock saw a minor rise of 0.3% in the last session. The Stochastic […]
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October 29, 2024
Gold eases as Treasury yields rise, focus on US data
Gold’s record rally took a breather, as U.S. Treasury yields and dollar gained the upper hand, while investors awaited a series of U.S. economic data due this week for cues on the Federal Reserve’s interest rate outlook. The Gold-Dollar pair saw a minor rise of 0.2% in the last session. The Stochastic indicator is giving […]
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October 29, 2024
Weekly digital asset inflows reach $901M
Digital asset inflows experienced a notable surge in the week ending October 25th, reaching $901 million, largely fueled by a spike in Bitcoin transactions and propelling year-to-date totals to $27 billion. The Bitcoin-Dollar pair exploded 1.3% in the last session. The ROC is giving a negative signal.Support: 66566 | Resistance: 71486
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October 29, 2024
The Aussie dipped a slight 0.2%
The U.S. dollar headed for its biggest monthly gain since April 2022. The Aussie dipped a slight 0.2% against the Dollar in the last session. The MACD is giving a negative signal.AUD/USD saw a minor dip of 0.2% in the last session.The MACD is giving a negative signal.Support: 0.6537 | Resistance: 0.6633
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October 28, 2024
Nvidia overtakes Apple as world’s most valuable company
Nvidia dethroned Apple as the world’s most valuable company on Friday following a record-setting rally in the stock, powered by insatiable demand for its specialized artificial intelligence chips. Nvidia’s stock market value briefly touched $3.53 trillion, slightly above Apple’s $3.52 trillion. Nvidia shares rose 0.4% in the last session. Support: 138.82 | Resistance: 146.82
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