The NZDUSD has experienced a rollercoaster of price action today, with values initially staying above yesterday’s low of 0.61107 before climbing higher. This upward momentum managed to surpass a critical swing area between 0.6119 and 0.61266, as sellers became buyers. During the Asian and early European sessions, the price continued to rise above the 100-hour
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Amazon will release its first-quarter earnings after the market closes. Wall Street expects the following: Earnings: 21 cents per share Revenue: $124.5 billion Amazon Web Services: $21.22 billion Advertising: $9.08 billion CEO Andy Jassy has been aggressively cutting costs across the company, announcing layoffs of another 9,000 employees on top of the prior 18,000 job
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Dollar shrugs off worse than expected Q1 GDP data and recovers against European majors in early US session. But momentum is so far weak except versus Swiss Franc, which happens to be the worst performer for the day. Australian Dollar and other commodity currencies turned into consolidation, digesting this week’s losses. Meanwhile, Euro and Sterling
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Bitget has pledged $10 million for the development of the Fetch.ai ecosystem, the cryptocurrency derivatives exchange announced on April 27. Fetch.ai provides the infrastructure to build autonomous services. Its core product is the artificial intelligence (AI) agent network, a decentralized network of autonomous agents that can perform various tasks, such as data analysis and complex
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The forex markets appear stable in today’s Asian session, with most major pairs and crosses remaining within yesterday’s range. Stabilization of US stocks helped calm investors for now, but overall sentiment remains vulnerable. Australian Dollar continues to be the week’s worst performer, facing a triple blow of risk aversion, declining copper prices, and RBA speculation.
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Gold price jumped Rs 590 to Rs 61,040 per 10 grams in the national capital on Wednesday amid strong global trends, according to HDFC Securities. The precious metal had settled at Rs 60,450 per 10 grams in the previous trade. Silver also climbed Rs 420 to Rs 75,070 per kilogramme. “Spot gold prices in the
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Meta will announce their earnings after the close. The estimates for its Q1 2023 earnings: Revenue: $27.67 billion EPS (Earnings Per Share): $2.01 Advertising Revenue: $26.76 billion Family of Apps Revenue: $26.88 billion Reality Labs Operating Losses: $3.8 billion Meta has been focusing on improving its efficiency and cost-cutting measures. The company previously announced layoffs,
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