Category: Business

The EUR/GBP currency pair extended its losses on Wednesday, trading around 0.8650 during Asian trading hours, as the Pound Sterling (GBP) gained ground on improved UK consumer spending.  Traders are closely monitoring macroeconomic indicators and upcoming central bank meetings, which may shape FX market trends in the near term. Solancie professionals simplify the complexities of...

Gold (XAU/USD) resumed its bullish trajectory on Wednesday, stalling the overnight pullback from the all-time high recorded the previous day. The precious metal’s resilience comes amid a complex interplay of fundamental and technical factors, including Fed rate cut expectations, safe-haven demand, geopolitical risks, and political uncertainties.  Despite a modest USD uptick and positive risk sentiment...

The USD/CHF currency pair has shown significant volatility following the latest U.S. Nonfarm Payroll (NFP) benchmark revisions, which revealed a slower-than-expected labor market. After a period of decline, the pair rebounded strongly, rising 0.51%, as traders adjusted positions in light of softening U.S. employment data.  The rebound has reinforced market expectations that the Federal Reserve...

The Indian Rupee (INR) opened on a positive note against the US Dollar (USD) on Wednesday, reflecting optimism surrounding the ongoing US-India trade negotiations.  The USD/INR pair corrected lower to near 88.25 as market participants reacted to remarks by the US President, who expressed confidence that a bilateral trade agreement with India could be finalized...

Gold (XAU/USD) regained positive momentum on Friday, building on the previous day’s rebound from the $3,613–3,612 zone. During the Asian session, the precious metal climbed above the $3,650 level, remaining within striking distance of the record high reached earlier this week.  The supportive fundamental backdrop stems largely from soft US labor market data, which overshadowed...

Nasdaq Hits New High: What Does It Mean for Investors? The stock market is full of surprises, and the latest one comes from the Nasdaq Composite, which recently reached a new all-time high. On the surface, this seems like a positive indicator of economic strength, but dig a little deeper, and the story becomes more...

Cognition’s $400 Million Raise and $10.2 Billion Valuation: A New AI Powerhouse Emerges   Artificial intelligence startup Cognition has secured a massive $400 million funding round, bringing its valuation to $10.2 billion. This milestone firmly places the company among the most valuable startups in the AI sector, standing alongside industry leaders such as OpenAI and Anthropic....

The Gray Zone Between Sports Betting and Stock Trading: Robinhood and FanDuel’s Bold Experiment The once-clear boundary between sports betting and stock trading has become increasingly blurred. Two major players, Robinhood and FanDuel, are venturing into new territory with the introduction of event contracts, a product that merges the mechanics of trading with the thrill...

The Myth of the Market Peak: Why Staying on the Sidelines Might Not Be the Best Option   It’s easy to become uneasy when stock markets reach record highs. With a glance at historical charts, it’s not hard to imagine a steep downturn following any substantial rally.  The fear of an imminent crash looms in the...

Nebius’ Stock Soars 60% After Securing Multibillion-Dollar AI Infrastructure Deal with Microsoft   Shares of Nebius, an Amsterdam-based provider of Nvidia graphics chips for artificial intelligence (AI) model training, surged over 60% in extended trading following the announcement of a significant deal with tech giant Microsoft.  This partnership, worth up to $19.4 billion over the next...