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EU Locks In Plan To Triple Energy Storage Capacity By 2030
Europe desperately needs an energy storage revolution. As the region gets rocked by the third energy...
Oil Traders Stay Bearish Despite Deepening Middle East Disruptions
Despite continued hostilities in the Middle East and an expansion of the war to the Red Sea, oil tra...
S&P closes at record high as soft jobs report eases rate-hike concerns
STORY: U.S. stocks rallied on Friday, with the Dow gaining more than a quarter of a percent, the S&P...
GBP/USD Price Forecast: Needs to stabilize above 1.3600 for fresh rally
The GBP/USD pair trades 0.25% higher to near 1.3590 during the European trading session on Friday. The Cable reflects strength as the Pound Sterling (GBP) outperforms its major currency peers, except ...
Austria Industrial Production (YoY): 1.7% (March) vs 1.1%
Austria Industrial Production (YoY): 1.7% (March) vs 1.1%
EUR/JPY holds gains above 184.00 on risk-on sentiment, ECB rate hike prospects
The EUR/JPY cross gains traction to around 184.15 during the early European trading hours on Friday. The Euro (EUR) edges higher against the Japanese Yen (JPY) amid improved risk sentiment and hawkish ...
Spain Industrial Output Cal Adjusted (YoY) rose from previous -1.1% to 1.8% in March
Spain Industrial Output Cal Adjusted (YoY) rose from previous -1.1% to 1.8% in March
Forex Today: No signs of US-Iran deal as focus shift to US employment data
Here is what you need to know on Friday, May 8:
EUR/USD: Oil shock, real rates and conflict risks – Commerzbank
Commerzbank’s Volkmar Baur argues that an end to the Iran conflict and a reopening of the Strait of Hormuz could support the Euro against the Dollar via relative real-rate dynamics.
AUD/USD Price Forecast: Rebounds toward 0.7250 near four-year highs
AUD/USD pares its recent losses from the previous day, trading around 0.7220 during the Asian hours on Friday. The technical analysis of the daily chart indicates that the pair is moving upwards withi ...
DXY: NFP-driven upside likely measured – MUFG
MUFG’s Lloyd Chan expects today’s US nonfarm payrolls to pose upside risks for the US Dollar (USD), with labour indicators hinting at a stronger April print.
EUR/GBP holds losses near 0.8650 after weaker German Industrial Production data
The EUR/GBP cross holds losses around 0.8650 during the early European session on Friday. The Euro (EUR) softens against the Pound Sterling (GBP) on the downbeat German economic data.
Pound Sterling Price News and Forecast: GBP/USD trades with mild gains near 1.3560
The GBP/USD pair posts modest gains around 1.3560 during the Asian trading hours on Friday. Hopes for a peace deal to end the Middle East conflict weaken the US Dollar (USD) as a safe-haven asset. The ...
US Dollar Index (DXY) steadies above 98.00 as Iran’s ceasefire wobbles
The US Dollar (USD) pares losses against its main peers on Friday, as hopes for a swift end to the war in Iran fade again, following an exchange of fire in the Strait of Hormuz.
Ready Capital (RC) reports Q1 loss, misses revenue estimates
Ready Capital (RC - Free Report) came out with a quarterly loss of $0.33 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to break-even earnings per share a year ago. Th ...