Nathan Pare’s chance for the 2026 Olympics ends after snowboard cross crash
Nathan Pare’s quest for Olympic gold at the 2026 Milan-Cortina Games hit a snag on the sixth day of the Winter Olympics. During the second quarterfinal event for snowboarders, things didn’t unfold the way he had hoped. For much of the race, Pare found himself trailing at the back. He started to pick up speed […]
Australian Dollar pares gains as US Dollar remains steady due to cautious Fed – FXStreet
The Australian dollar faces challenges due to increased risk aversion. Minutes of the RBA meeting could provide further insight into the central bank's policy outlook on Tuesday. The US dollar strengthened after hawkish comments from Federal Reserve officials. The Australian dollar (AUD) came under downward pressure against the US dollar (USD) on Monday. However, Reserve […]
EUR/USD pares losses as soft US PCE inflation weighs on US Dollar – FXStreet
EUR/USD reversed intraday losses after August US PCE inflation report was softer than expected. France's CPI preliminary figures (EU standards) and Spain's HICP in September were below 2% year-on-year. The ECB increased expectations for a rate cut in October after weaker-than-expected inflation data from France and Spain. EUR/USD recovered most of its intraday losses in […]
Australian Dollar pares gains following the Monthly Consumer Price Index – FXStreet
The Australian dollar is holding firm on the back of new Chinese economic stimulus measures. Australia's monthly consumer price index rose 2.7% year-on-year in August, below the expected 2.8% increase and the previous 3.5% increase. The People's Bank of China's Gongsheng Bank said it would cut the reserve requirement rate by 50 basis points and […]
Australian Dollar appreciates as US Dollar pares gains due to improved risk sentiment – FXStreet
AUD/USD recovers intraday losses following the release of China trade balance data. China's trade balance rose to RMB649.34 billion in August from RMB601.9 billion the previous month. The US dollar received support after recent employment data reduced the likelihood of an aggressive Fed rate cut in September. The AUD/USD pair rose after China’s trade balance […]
EUR/USD pares recent gains, poised for further downside – FXStreet
EUR/USD dipped below 1.1150 as bidders struggled to maintain balance. The breakdown in bullish market sentiment has given the US dollar some breathing room. Investors will be focused on EU and US inflation figures due to be released this weekend. EUR/USD pared recent gains and retreated to a new record high this year on Wednesday […]
Plug Power’s stock pares losses after 2023 results missed expectations but ‘going concern’ issues resolved – MarketWatch
Last updated: March 1, 2024 at 7:12 a.m. ET First Published: March 1, 2024 at 6:21am ET Plug Power Inc.’s stock fell 7.9% in pre-market trading Friday after the hydrogen fuel cell technology company reported 2023 results that were lower than expected but said it had resolved its “going concern” issues. Prior to that, the […]
Euro (EUR/USD) Pares Recent Losses After German and Euro Area Q4 GDP Releases – DailyFX
EUR/USD Forecast – Prices, Charts, Analysis The third quarter revision will help Germany avoid a technological recession. Eurozone growth was flat in the fourth quarter. Learn how to trade euro/usd With our free guide: Recommended by Nick Corey How to trade EUR/USD Most read: Markets a week ahead: Fed and BOE decisions, US jobs report, […]
Company reportedly pares back prices of its diamonds this month
Jewelers of America PR Director Amanda Gizzi explains the difference between lab-grown diamonds and natural diamonds on Varney & Co. De Beers has reportedly reduced the price of diamonds. bloomberg reported on Monday Anonymous sources told the outlet that diamond miners and sellers applied the price cuts to the first jewelry sales of the year. […]
USD/JPY pares early advance as dollar flails after yields setback – ForexLive
USD/JPY daily chart This certainly remains an interesting situation for USD/JPY, with the price trend currently moving back towards the 200-day moving average (blue line) at 143.17. A break below this level will likely give sellers some technical momentum back, but it is too early to take that for granted. The US dollar is generally […]