Robinhood Markets, Inc. (NASDAQ:HOOD) moved higher in pre-market action, rising 1.6% after Rosenblatt Securities began coverage with a Buy rating and a $135 price target. Rosenblatt argued that the ...
Societe Generale is assessing the recent behavior of USD/ZAR following a rebound that lifted the pair back above its 200-day moving average (200-DMA). After this move, USD/ZAR recorded an interim peak ...
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are holding relatively steady on Wednesday after closing higher the previous day. The modest rebound across the three largest cryptocurrencies points to ...
The RBI seeks to maintain a stable exchange rate to support trade and aims to keep inflation near a 4% target via interest rate policy. Higher interest rates typically bolster the Rupee due to the ...
The rebound in oil prices comes on top of strong US inflation data released last week, reinforcing market expectations for another Fed rate increase. According to the CME Group’s FedWatch Tool, ...
AUD/JPY traded near 110.90 in Wednesday’s early European session, extending gains above 110.50. Market expectations for a Bank of Japan rate increase to 1.50% in December are seen capping upside below ...
EUR/USD is under pressure in early Wednesday trading in Europe, hovering near 1.1225. The Euro (EUR) is losing ground against the US Dollar (USD) as political unrest and fiscal worries in France erode ...
West Texas Intermediate (WTI) crude extends its advance after two consecutive sessions of losses, trading near $98.60 during Asian market hours on Wednesday. The recovery comes as participants in the ...
On the daily chart, USD/JPY is trading at 158.30, sustaining a constructive near-term tone. The pair remains above both the nine-day and 50-day Exponential Moving Averages (EMAs), which continues to ...
NZD/USD trades near 0.5680, halting a four-session advance ahead of New Zealand’s Q3 CPI report due Thursday. Swaps markets price close to an 80% probability of a 25 bps RBNZ rate increase to 3.00% at ...
Upgraded Revenue Outlook Fuels Share Price Surge. Super Micro Computer (NASDAQ: SMCI) surged 13% in premarket trading after the server manufacturer sharply upgraded its fiscal fir ...
On the technical front, the Moving Average Convergence Divergence (MACD) indicator has turned slightly positive. At the same time, the Relative Strength Index (RSI) is hovering close to the neutral 50 ...
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