The Australian Dollar fell 0.5% as traders took profits before key central bank and economic releases next week. AUD/USD declined 0.5% on Thursday, pulling back from a four-year high near 0.7280 reached earlier in the session. The pair had tested levels last seen in June 2
Cerebras Systems surges in debut, opening at $385 after $185 IPO, fueling broader AI-driven gains in US equities. US equities closed at record highs, with the Nasdaq and S&P 500 extending gains on strong demand for AI-related stocks. Cerebras Systems opened at $385, $200 a
The yuan strengthens against the dollar, nearing 6.77 as technical resistance and trade optimism weigh on USD/CNH. The offshore yuan extended its decline against the dollar, approaching Societe Generale’s downside targets of 6.77 and the 2023 low of 6.69. The pair failed t
US Retail Sales rose 0.5% in April, boosting the US Dollar Index to near 98.80 as yields climbed. The US Dollar Index (DXY) climbed toward 98.80, marking its highest level in two weeks, after April’s Retail Sales data showed a 0.5% increase. The gain underscores persistent
US Retail Sales rose 0.5% in April, boosting the USD as Treasury yields climb and Fed leadership shifts loom. The US Dollar Index (DXY) climbed to a two-week high near 98.80 after April Retail Sales increased 0.5%, signaling resilient consumer demand despite higher borrowi
GBPUSD drops nearly 1% as speculation over a Labour leadership challenge rattles markets and breaks critical technical support levels. The British pound fell 0.92% against the US dollar, leading losses in the FX market as political uncertainty in the UK intensified. The re
The currency pair falls below its 200-day moving average and 38.2% retracement level, targeting lower support zones. EURUSD dropped below the critical 1.1681 level, a convergence of its 200-day moving average and the 38.2% retracement of its March rally. Sellers have maint
Desjardins 1-5 Year Laddered Canadian Corporate Bond Index ETF sets a CAD 0.0488 payout for May, reflecting a 2.24% forward yield. payout yields 2.24% on a forward basis, aligning with the fund’s fixed-income strategy The dividend is payable on May 29 to shareholder
Target joins Walmart in boosting physical retail infrastructure amid rising e-commerce competition and shifting consumer trends. Target will invest over $5 billion to remodel and expand 130 U.S. stores in 2026, responding to intensifying competition between brick-and-morta
Euro slides as resilient US sales fuel Dollar rally EUR/USD edges lower for the third consecutive day during the North American session, down 0.22%, as US economic data showed consumers' resilience. In contrast, jobless benefits data showed a slight increase in the number
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