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EUR/USD Price Analysis: Cable plunges below the 1.0500 level – FXStreet

EUR/USD started the week down more than 1%. The 1.0500 mark is gone and the pair has fallen further below the 20-day SMA. Indicators suggest there is room for further selling momentum. EUR/USD started the week sharply lower, dropping more than 1% and falling decisively below the psychological mark of 1.0500. The move also pushed […]

Baht plunges after Pheu Thai politician made BoT chairman – Bangkok Post

Analysts say the baht has fallen sharply since government aide Kithirat Naranon was appointed as the Bank of Thailand's new chairman, raising questions about the central bank's autonomy and pushing the baht lower. The dollar is on track to fall below the main resistance level of 35 baht to the dollar. The baht fell from […]

Illinois driver plunges off parking garage deck near mall: photo

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Bus filled with wedding guests plunges into a ravine, killing 7

At least seven people were killed Thursday when a bus carrying several wedding guests crashed into a ravine in southeastern Pakistan while speeding down a road, rescuers and authorities said. The accident occurred near Quetta, the capital of Balochistan province. Authorities did not immediately reveal the cause of the accident, but the investigation was ongoing. […]

USD/JPY plunges after Fed delivers 50 bps rate cut – FXStreet

USD/JPY fell in response to the Fed's 50bps rate cut but has since recovered. The dot plot for the Fed's interest rate outlook also fell. Fed Chairman Powell eased initial market fears at a press conference. The US dollar fell to $140.80 against the Japanese yen on Wednesday after the Federal Reserve announced a 50 […]

Lyft plunges nearly 20% after weak forecast sparks fears its losing race with Uber

Lyft shares plunged 17% on Wednesday after the company gave a weak outlook for the key summer quarter, sparking concerns that it is being edged out by rival Uber. Uber and Lyft, which reported strong results on Tuesday, are locked in a fierce battle for market share in the North American ride-hailing sector. Uber, which […]