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Euro: Range-bound before FOMC against US Dollar – ING

Chris Turner at ING describes EUR/USD as contained after a rally stalled just above 1.16, with investors cautious due to high natural gas prices and upcoming FOMC minutes. He expects a 1.1520–1.1580 range near term, whi…

1 min read

Brent: War-linked range trading outlook – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad notes Brent crude has rallied above $91 as the US–Iran Strait of Hormuz standoff persists. Haddad argues crude Oil is driving the war narrative and expects price swings to st…

1 min read

Nvidia's AI moat is shifting from chips to capital

Nvidia's massive head start in artificial intelligence turned the chipmaker into the world's most valuable company. Now, almost four years into the generative AI boom, competitors like Advanced Micro Devices and Google …

5 min read

Gold falls as rising US Treasury yields strengthen the US Dollar

Gold (XAU/USD) remains on the back foot at the start of American trading hours on Tuesday, snapping a two-day winning streak as a firmer US Dollar (USD) and rising long-term US Treasury yields weigh on the precious meta…

5 min read

Do Wall Street Analysts Like Omnicom Group Stock?

New York-based Omnicom Group Inc. (OMC) is a global marketing and communications company. It helps brands grow through advertising, media, commerce, consulting, public relations, branding, healthcare, production, and ex…

2 min read

Sterling today: Pound slips as dollar firms on energy, yields

The British Pound weakened against the US Dollar in Asian trading on Wednesday, with GBP/USD easing toward 1.3355. The pair lost momentum as the Dollar gained ground amid renewed geopolitical uncertainty following US mi…

4 min read

Important Ripple (XRP) Partnership Targets Cross-Border Remittances

Ripple has partnered with Jeonbuk Bank in South Korea as the latter prepares to deploy Ripple Payments for cross-border remittances. The deal makes Jeonbuk Bank the first regional bank in the country to deploy the payme…

2 min read

Jane Street Reveals Over $1 Billion Invested in Bitcoin ETFs

Jane Street – the popular quant trading firm with a heavy orientation toward crypto – disclosed more than $1 billion in U.S. spot Bitcoin ETF holdings as of the second quarter of this year.

1 min read

Swiss Franc edges lower as US Dollar rebounds, FOMC minutes in focus

The Swiss Franc (CHF) trades marginally lower against the US Dollar (USD) in the early European trading session on Tuesday, with the USD/CHF pair edging up to near 0.8116. The Swiss Franc pair rises as the US Dollar bou…

4 min read

Stocks Settle Lower on Rising Crude Prices and Higher Bond Yields

The S&P 500 Index ($SPX) (SPY) closed down by -0.52% on Monday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -0.51%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down by -0.17%. E-mini S&P futures (ESU…

8 min read

Euro declines below 1.1600 on US-Iran war worries

The EUR/USD pair loses traction to around 1.1575, snapping the three-day winning streak during the early European session on Tuesday. The Euro (EUR) edges lower against the US Dollar (USD) as traders remain cautious abo…

5 min read