Revolut Considers Private Banking as Trading Operations Grow
Revolut has gained regulatory clearance to broaden its trading operations. The UK Financial Conduct Authority (FCA) granted this approval, enabling Revolut Trading to offer “investments, advisory, and portfolio management all in one place.” Victoria Laffey, the unit’s operations chief, shared this news in a release on Thursday. This green light is expected to help Revolut […]
New Zealand Dollar drops as optimism around Trump and Xi and strong US data support the Dollar
The New Zealand dollar (NZD) is facing challenges against the robust US dollar (USD) as NZD/USD dropped to approximately 0.5920 on Thursday, marking a 0.28% decline for the day. This shift follows an improvement in sentiment concerning U.S.-China relations and a set of U.S. economic data that suggests the Federal Reserve may maintain its tight […]
Which Tech ETF Is Better, Vanguard’s VGT or State Street’s XLK?
Comparing Two Major Tech ETFs: State Street vs. Vanguard The State Street Technology Select Sector SPDR ETF (XLK +1.00%) offers an intensive, cost-effective option for tech exposure, while the Vanguard Information Technology ETF (VGT +0.83%) provides broader market coverage. Both of these funds are pivotal for investors looking to tap into aggressive growth within the […]
Silver price update as of Thursday, May 14, 2026
As of 8:30 a.m. ET today, silver is priced at $86.73 per ounce. This marks a 40-cent increase since yesterday and a notable rise of over $54 year-over-year. Historic Silver Performance Investing in silver typically doesn’t promise explosive returns. Historically, it has lagged behind the stock market, trailing the S&P 500 index by around 96% […]
Stocks with the largest changes before the market opens: Versant, Biogen, Bullish, Cisco and others
Pre-Market Trading Highlights In pre-market trading, several companies are experiencing notable shifts. Biogen saw a share increase of 4% after announcing its Alzheimer’s drug advancement to a Phase 3 trial, despite not meeting the main goal of its Phase 2 trial. The company stated that there were positive effects on cognitive function. Versant Media Group’s […]
GBP/JPY Price Predictions: British Pound drops to 213.30 despite favorable UK data
On Thursday, the British pound (GBP) remained within its prior trading range against the Japanese yen (JPY). Attempts by the pound to gain strength during the Asian trading session fell short, failing to breach the resistance around 213.70. Following some positive economic data from the UK earlier, the pound slipped back to just under 213.30. […]
New Zealand Dollar steadies with a downward trend as local economic uncertainties grow
The NZD/USD currency pair is holding steady after experiencing three consecutive days of decline, currently sitting around 0.5930 during European trading hours on Thursday. The New Zealand dollar (NZD) is under considerable pressure, largely due to rising concerns over potential domestic fiscal issues. Investors appear to be becoming increasingly cautious regarding the currency’s short-term outlook. […]
Euro remains steady above 1.1700 as attention shifts to ECB Lagarde and the Trump-Xi meeting
On Thursday, the euro (EUR) was trading just above 1.1700 against the dollar (USD), experiencing a decline of around 0.65% for the week. Investors are waiting for a speech from European Central Bank (ECB) President Christine Lagarde later in the day, while also anticipating the results from the two-day summit between U.S. President Donald Trump […]
AUD/JPY Price Outlook: Gains momentum as Trump meets Xi in Beijing, optimistic trend continues
Market Overview At the beginning of the European trading session on Thursday, the AUD/JPY currency pair was performing well, hovering around 114.65. Traders are particularly interested in the discussions taking place between US President Donald Trump and Chinese President Xi Jinping in Beijing, expected to yield insights later on Friday. Xinhua news agency reported that […]
NZD/USD Price Outlook: Difficulty in maintaining position above 61.8% Fibonacci retracement near 0.5940
Market Overview: NZD/USD Developments The NZD/USD pair is experiencing some light pressure, currently trading around 0.5935 during late Asian trading on Thursday. The market seems a bit cautious as investors are keenly awaiting the results of President Trump’s discussion with Chinese leader Xi Jinping. As of now, Asian stock markets are mostly down, with the […]