USD/JPY holds near 156.30 as intervention fears keep traders cautious
The USD/JPY pair traded around 156.30 on Thursday, posting modest daily losses as traders remained cautious over the possibility of another intervention by
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Pound gains as markets monitor Iran developments and UK local elections
Sterling edged higher against the dollar on Thursday as investors reacted to developments surrounding the Iran conflict, while also monitoring British local elections
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USD/ZAR forecast: South African rand surges as a carry trade emerges
The South African rand continued its strong momentum today, reaching its lowest level since April 22nd as a carry trade opportunity emerged. The
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Pound rises as US-Iran deal hopes offset UK political concerns
The British pound strengthened against the dollar on Wednesday after investors reacted positively to reports suggesting the United States and Iran were moving
Stocks
Airlines trim 13,000 May flights as jet fuel costs spike globally
Global airlines have cut around 13,000 flights scheduled for May, as surging jet fuel prices driven by the Middle East conflict force carriers
Stocks
Corning stock surges 20% on Nvidia deal to expand AI optical manufacturing
Shares of Corning surged about 20% in premarket trading on Wednesday after the company announced a multiyear partnership with Nvidia to expand optical
Stocks
Dow jumps 448 points on Iran deal hopes, AI rally lifts stocks
Wall Street’s main indexes opened higher on Wednesday, extending a strong run fueled by optimism over a potential US-Iran peace agreement and continued
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Indian rupee under pressure as Middle East tensions lift oil above $100
Indian markets have entered a period of heightened volatility, with sharp intraday swings, a weakening rupee, and rising oil prices reflecting the impact
Investing
USD/ZAR forecast: South African rand surges as a carry trade emerges
The South African rand continued its strong momentum today, reaching its lowest level since April 22nd as a carry trade opportunity emerged. The
Investing
Pound rises as US-Iran deal hopes offset UK political concerns
The British pound strengthened against the dollar on Wednesday after investors reacted positively to reports suggesting the United States and Iran were moving