Asia FX muted, dollar steadies with nonfarm payrolls on tap
-- Most Asian currencies moved in a tight range on Friday as growing risk-aversion in global financial markets sparked some safe haven flows into the dollar, while...
-- Most Asian currencies moved in a tight range on Friday as growing risk-aversion in global financial markets sparked some safe haven flows into the dollar, while...
Options trading offers tremendous opportunities for most traders but one of the larger challenges with trading these derivative instruments is being able to differentiate the risk and reward profiles of […]
With growing, explosive interest in emerging technologies, like artificial intelligence, semiconductor stocks should have another monster year ahead. Look at Nvidia (NASDAQ:NVDA), for example. Over the last year, the tech giant rallied more than 223%, becoming one of the market’s top performers. Even Advanced Micro Devices (NASDAQ:AMD) rocketed more than 100% higher over the last year. Better, with AI showing no signs of slowing down, semiconductors will remain a crucial part of our future. Afte
- The U.S. dollar edged higher in early European trade Tuesday, recovering after recent losses, while the euro dipped ahead of key inflation data. At 04:30 ET (08:30...
According to Foresight: BlockFi and Three Arrows Capital (3AC) have received approval for their settlement agreement by a U.S. judge, as reported by Foresight News. The nature of the disputes or claims has not been disclosed, and the details of the settlement have been ordered to remain confidential. The approval allows BlockFi to proceed with the distribution of loan properties to its creditors, providing some relief in their operations. The outcome indicates progress in resolving disputes in the rapidly evolving cryptocurrency sector.
-- Most Asian currencies weakened slightly on Tuesday as the dollar recovered from recent losses before a barrage of cues on interest rates, while the Japanese yen...
-- UBS said it expected the Reserve Bank of Australia to potentially hike interest rates in August following a series of inflation surprises, and that the Australian...
The three major averages (^DJI, ^GSPC, ^IXIC) all closed higher on Tuesday, February 6. They were led by materials and real estate, two sectors that have been beaten down recently. Tech, however, lagged. Yahoo Finance Market Reporter Jared Blikre takes a closer look at the market action. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Eyek Ntekim
Shares of Nvidia (NVDA) continue to rise as the company reaches a new milestone of having a $100 billion higher market cap than the entire energy sector. The chipmaker is rapidly approaching a $2 trillion market cap, after breaking the $1 trillion market cap just last year. Yahoo Finance Executive Editor Brian Sozzi joins the Live show to discuss Nvidia and its latest achievements. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
According to Foresight News, the Shanghai Municipal People's Government has issued a notice on the implementation plan for Shanghai to implement the overall plan for a high-level system of openness in the China (Shanghai) Pilot Free Trade Zone. The notice highlights the orderly promotion of the digital yuan pilot and the expansion of its application scenarios. The aim is to create a more convenient, inclusive, and user-friendly digital yuan acceptance environment. This will further deepen the pilot application of the digital yuan in areas such as trade settlement, chain supermarkets, tourism catering, and e-commerce platform payments, gradually building a digital yuan ecosystem. The notice also encourages financial institutions to apply technologies such as artificial intelligence and blockchain to deepen international cooperation in financial technology and create demonstration scenarios for fintech applications.