Author: FX
CVS cuts bonuses after low profit levels in 2024 Source link
The majors were all about trade tensions and central banks’ moves this week, while market sentiment was all over the place as traders tried to make sense of geopolitical headlines. Source link
Ynvisible Interactive (TSXV:YNV:CA) on Friday said it has arranged a non-brokered private placement financing of up to 5 million common shares of the company at $0.12 per share for aggregate gross proceeds of up to $600,000. The company said proceeds from the private Placement will be used as working capital and for general corporate purposes. Source: Press Release More on Ynvisible Interactive Inc. Source link
Geopolitical developments continued to be a driving force in the markets, initially triggering some risk-on flows before sentiment data turned traders sour on Friday. Source link
Gold touches all-time high of $2,954 amid trade policy uncertainty. Trump expands tariffs to lumber and soft commodities, adding market jitters. US data mixed: Manufacturing PMI improves, but Services PMI contracts. Gold price slides late on Friday, poised to end the week positively, accumulating eight straight weeks of gains that pushed the yellow metal to all-time highs of $2,954. At the time of writing, the XAU/USD trades at $2,940, down 0.15%. The financial markets’ narrative has not changed as US President Donald Trump continues with rhetoric related to tariffs. In addition to imposing 25% tariffs on cars, pharmaceuticals and chips,…
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Silver retreats to $32.54 after failing to hold above key $33.00 level. RSI signals mixed momentum, with downside risks if $32.00 support breaks. Next resistance at $33.20, while key support lies at 100-day SMA near $31.12. Silver’s price retreats on Friday and fails to capitalize on falling US yields. According to the 10-year T-note, yields tumbled almost eight basis points to 4.431% at the time of writing. The XAG/USD trades at $32.54, down 1.20%. XAG/USD Price Forecast: Technical outlook XAG/USD’s uptrend remains in place, but failure to end the day/week above $33.00 exacerbated Silver’s plunge. Bullish momentum has faded, as…
AUD/JPY extends its decline, falling sharply and breaking below the 20-day SMA. RSI remains in negative territory, reflecting intensifying bearish momentum. MACD histogram prints rising red bars, signaling increasing downside pressure. The AUD/JPY cross continued its downward trajectory on Friday to around 94.80, posting sharp losses and breaking through key technical support levels. The pair now trades at its lowest level in over two weeks, signaling that bears have taken firm control. The sustained drop below the 20-day Simple Moving Average (SMA) highlights the shift in market sentiment, with sellers dominating the current trend. Technical indicators reinforce the negative outlook.…
It was a tough day in the market but that’s nothing compared to what crypto exchange Bybit faced today.The company confirmed that a wallet it was holding was drained of the equivalent of $1.5 billion in ethereum. It may be the largest theft of any kind, ever, at least in nominal terms.”Bybit is Solvent even if this hack loss is not recovered, all of clients assets are 1 to 1 backed, we can cover the loss,” wrote CEO Ben Zhou on twitter.In a livestream, he said they were getting a bridge loan and I worry there will be a run…
The major US indices are closing sharply lower with the NASDAQ index down -2.20% and the Russell 2000 index down close to 3%.The final numbers are showing:Dow industrial average -748.63 points or -1.69% at 43428.02. For the trading week, the Dow fell -2.51% – the weakest since October 2024.S&P index fell -104.39 points or -1.71% at 6013.13.. For the trading week the index fell -1.66%. It’s worse trading week since January 6.NASDAQ index fell -438.36 points or -2.20% at 19524.01. For the trading week, the index fell -2.51%. It worst trading week since November 11Russell 2000 fell -66.39 points or…