Tests confluence around 0.6000 barrier
NZD/USD may target its initial barrier at 0.6000, followed by the ascending channel’s upper boundary around 0.6010.The market sentiment remains...
Johnwick
GSK pledges $30bn US investment as UK’s pharma woes deepen
British pharmaceutical firm GSK has pledged to invest $30bn (£22bn) in research and manufacturing in the US over the next...
Dow drops, S&P 500 and Nasdaq slip from records as Wall Street counts down to Fed decision
Americans just keep spending. Retail sales in August rose 0.6% from the prior month, more than the 0.2% expected and...
Asian Currencies Hold Steady as Markets Await Fed Rate Cut Decision
Asian currencies traded cautiously on Wednesday as investors awaited the U.S. Federal Reserve’s highly anticipated interest rate decision. The dollar,...
Rupee rises 28 paise to 87.81 against US dollar in early trade
The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading at 96.73, higher by...
UK and U.S. agree $42 billion tech pact to mark Trump’s visit
Britain and the United States have agreed a technology pact to boost ties in AI, quantum computing and civil nuclear...
Euro loses momentum to near 1.1850 ahead of ECB’s Lagarde speech, Fed rate decision
EUR/USD softens to around 1.1855 in Wednesday’s Asian session.Traders have fully priced in a 25 bps Fed rate cut. German...
Venture capital firm Blackbird’s portfolio nears$10b as valuations recover
Surging valuations across tech firms Canva, PsiQuantum and Lorikeet have helped lift the overall value of Blackbird Venture’s start-up investments...
US dollar nears a three-year low ahead of FOMC’s rate decision
Bloomberg’s gauge of the US dollar approached its lowest level since March 2022 ahead of the Federal Reserve decision, where...
Jio BlackRock sees India mutual fund industry tripling by 2032
Mukesh Ambani is seeking to reshape India’s financial services industry by leveraging his vast telecom and retail empire BlackRock’s India...