Data breach at DoorDash reveals customer names, emails, and addresses
DoorDash has acknowledged a data breach that compromised the personal information of its users, including customers, delivery couriers, and merchants. The exposed data includes names, email addresses, phone numbers, and physical addresses. While the company noted that there is no current evidence of fraud linked to this incident, it has raised significant concerns for its […]
Australian Dollar remains stable as RBA takes a careful approach, focus on CPI data
The Australian dollar (AUD) remained stable against the US dollar on Monday, as traders anticipated key inflation data to be released this week. They are particularly interested in Australia’s first comprehensive monthly CPI report for October, which is set to be published on Wednesday. This will play a significant role in shaping the Reserve Bank […]
Large AI Data Centers Dramatically Increase Everyone’s Electric Bills
Electricity Prices Surge in Virginia, Ohio, and Illinois Residents in Virginia, Ohio, and Illinois are facing increasing electricity bills as demand rises, largely driven by the growth of large data centers. Reportedly, tech companies and AI labs are establishing data centers that can consume over 1 gigawatt of electricity. To put that in perspective, that’s […]
Pound Sterling falls following disappointing UK Retail Sales and preliminary PMI data.
The British pound took a noticeable hit against major currencies on Friday, primarily due to disappointing retail sales figures for October in the UK, alongside preliminary S&P Global Purchasing Managers’ Index (PMI) results for November. The Office for National Statistics (ONS) indicated that retail sales—a key indicator of consumer spending—dropped by 1.1% month-over-month. This was […]
Bitcoin Decline Driven by US Sales, CryptoQuant Data Reveals
US Bitcoin Selling Dominates Recent Market Decline According to on-chain analytics firm CryptoQuant, recent selling activity in the Bitcoin market has largely been driven by US investors. Bitcoin Coinbase Premium Gap Indicates US Selling Pressure In a post on X, CryptoQuant highlighted significant data regarding the US-led Bitcoin downturn. A key metric they focused on […]
EUR/USD rises close to 1.1550 ahead of HCOB PMI data.
EUR/USD Slightly Up Ahead of Key Economic Data The EUR/USD pair edged up a bit after a stagnant day, hovering around 1.1540 during Asian trading hours on Friday. Traders are looking forward to the preliminary HOCB Purchasing Managers’ Index (PMI) for November concerning Germany and the eurozone, which is set to be released soon. In […]
EUR/USD recovers as mixed U.S. jobs data eases dollar strength
On Thursday, the euro (EUR) bounced back against the US dollar (USD) after an earlier decline, as the dollar lost traction due to traders reacting to mixed labor market data for September in the US. Currently, the EUR/USD is trading near 1.1541, recovering from a low of around 1.1502 earlier in the day. The September […]
Government data released late indicates the US added 119,000 jobs in September.
U.S. Job Growth Exceeds Expectations Despite Rising Unemployment Rate In the latest report following the government shutdown, the U.S. economy showed unexpected strength by adding a notable number of jobs. However, this surge isn’t likely to prompt a rate cut in the upcoming month. According to the Bureau of Labor Statistics, employers created 119,000 jobs […]
Gold prices in India today: A decline in gold values, based on FXStreet data
On Thursday, gold prices in India saw a decline, as reported by FXStreet. The gold price dropped to INR 11,554.31 per gram from INR 11,620.82 the previous day. For tola measurements, the price fell from Rs 135,543.00 to Rs 134,767.20. unit measurement Gold price in INR 1 gram 11,554.31 10 grams 115,510.60 tola 134,767.20 troy […]
GBP/USD continues to drop before the upcoming US NFP data release.
GBP/USD Experiences Decline Amid Economic Reports The GBP/USD currency pair faced renewed downward pressure on Wednesday, slipping nearly two-thirds of a percent to around 1.3060. Recent data from the UK Consumer Price Index (CPI) failed to ignite a lasting recovery for the British pound (GBP), resulting in a multi-week low for the currency, marking its […]