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Fast fashion retailer Shein slides as Europe sales and profit suffer

Morning briefing: EUR/USD can test support at 1.1300

The Dollar index risen and has scope to test 101.60/80 in the near term before pausing for a reversal, while Euro can test support at 1.13. USDJPY has scope to rise slowly towards 158-159 while EURJPY ...

Swiss Franc declines as US Dollar rises on Fed rate hike bets

USD/CHF continues its winning streak for the fifth successive trading day, reaching its fresh 16-month high of 0.8327 during Asian hours on Tuesday. The pair gains support as the US Dollar (USD) rises ...

Elliott Wave view: Gold working through zigzag pattern [Video]

The short‑term Elliott Wave view in Gold (XAUUSD) indicates that the cycle from the August 25, 2026 high is unfolding as a zigzag corrective structure. From the August 25 peak, wave A concluded at $42 ...

United States Dollar Index strengthens as oil surge bolster Fed rate hike bets

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its gains for the second successive day and trading around 101.20 during Asian hou ...

Japan’s Katayama says undervalued Yen generally poses problems

Japanese Finance Minister (FM) Satsuki Katayama said on Tuesday that she believes that undervalued Japanese Yen is problematic, while saying that she agreed with Treasury Secretary Scott Bessent to be ...

British Pound softens to near 1.3250 as elevated US yields outweigh BoE’s hawkish tone

The GBP/USD pair loses ground to near 1.3250 during the early Asian trading hours on Tuesday. US Treasury yields ‌remain above 5% at multi-decade highs, supporting the US Dollar (USD) against the Brit ...

Canadian Dollar slumps to its lowest level since July 9, eyes 1.4200 vs bullish USD

The USD/CAD pair prolongs a three-week-old upward trajectory, rising to its highest level since July 9 and closer to the 1.4200 mark during the Asian session on Tuesday amid a bullish US Dollar (USD).

Hormel Foods Corporation Declares Quarterly Dividend

Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced its quarterly dividend on the common stock, authorized by the Board of Directors at $0.2925 per share. ...

Singapore’s bet on chipmaking

City-state’s economy is getting an AI uplift but costs and labour are constraints to its industrial growth

WTI inches up above $92.00 on Qatari-mediated US-Iran talks, Saudi pipeline restart

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $92.05 during the early Asian trading hours on Tuesday.

Hormuz Rerouting Doubles Cape Traffic Without Delivering a Windfall

Over the past seven months, shipping traffic through the Strait of Hormuz has dwindled to a trickle, with Iran effectively closing the critical maritime chokepoint ever since the U.S. and Israel launc ...