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Japanese Yen recovers sharply from 40-year low as intervention bets trigger short-covering

The USD/JPY pair comes under intense selling pressure and plummets to the 161.00 neighborhood heading into the European session on Thursday, snapping a three-day winning streak to the highest since 19 ...

Swiss Franc eases within range following soft Swiss inflation figures

The Swiss Franc (CHF) has pulled back from session highs against the US Dollar (USD) on Thursday, following the release of softer-than-expected Swiss Consumer Price Index (CPI) figures.

Equities: Tech slump contrasts broader resilience – Deutsche Bank

Deutsche Bank’s Early Morning Reid describes a mixed picture for US equities. The S&P 500 index slipped 0.22% as chip stocks sold off sharply, yet the equal‑weighted S&P 500 rose 0.24% to a new record ...

Japanese Yen: Higher Japanese rates and intervention risks – MUFG

MUFG strategist Michael Wan argues Japanese rates "clearly have to head higher" after a positive Tankan survey, strong capital investment appetite and rising inflation expectations.

Switzerland’ CPI inflation meets expectation in June: What 0.5% means for Swiss Franc

Switzerland’s Consumer Price Index (CPI) rose by 0.5% year-over-year (YoY) in June, compared to a rise of 0.6% in May, the latest data published by the Swiss Federal Statistical Office  showed on Wedn ...

Bassett Furniture (BSET) Q2 earnings and revenues beat estimates

Bassett Furniture (BSET) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.2 per share. This compares to earnings of $0.22 per share a year ago. These fig ...

Japan’s Nagahama expects BoJ to raise interest rates again at the end of the year

Toshihiro Nagahama, a key private-sector member on Japanese Prime Minister Takaichi's Council on Economic and Fiscal Policy, comments on the Bank of Japan’s (BoJ) monetary policy decision.

FTSE 100 Live: London stocks called lower, Currys serves up tasty returns

7.48am: Currys serves up tasty returns Currys has doubled its dividend and unveiled a new £50 million share buyback as the electricals retailer posted profits in line with previous guidance. Adjusted ...

Amazon developing custom on-device AI chips for Echo and Fire TV lineups: report

GBP/USD Price Forecast: Extends recovery to near 20-day EMA amid hopes of commitment to fiscal rules

The British Pound (GBP) trades higher against its major currency peers, rising 0.1% to near 1.3290 against the US Dollar (USD) during the European trading session on Thursday.

Iran Exports Crude at 20% Premium Even as Unsold Barrels Pile Up at Sea

Crude oil in floating storage off the Iranian coast is on the rise amid reluctance among buyers, Bloomberg reported today, citing data from Vortexa and its own calculations, suggesting some 58 million ...

Indian Rupee gains at open, supported by further decline in oil prices

The Indian Rupee (INR) opens higher against the US Dollar (USD) on Thursday after a sharp decline the previous day. The USD/INR pair declines to near 95.00 as lower oil prices due to progress in talks ...