The USD/MXN exchange rate has come under pressure in the past few months as top emerging market currencies continued to beat the US dollar. It dropped to 17.30 on Friday, down from the year-to-date high of 18.14 as focus shifted to the US non-farm payrolls data and May 7th’s Mexico interest rates decision. US non-farm
The IAG share price retreated today, May 8, and then pared back some of those losses after the company published its results, which provided more color on how the ongoing war has affected its business. It retreated to 372p and then rebounded to 390p. IAG flags Iran war risks International Consolidated Airlines Group, the parent
Plug Power stock price has recoiled in the past few days, moving from the year-to-date high of $3.45 to the current $3.13. This pullback has ended a relatively strong rally that pushed it from a low of $1.73 to the year-to-date high of $3.42. Plug Power to publish its earnings on May 11 Plug Power,
Tilray Brands stock price crashed to its lowest level since August last year despite the recent US policy change that opened the door to its expansion in the country. TLRY dropped to $5.6, much lower than the year-to-date high of nearly $10. This article explores some of the top reasons why the stock has plunged.
Japanese stocks went parabolic on Thursday, helped by the soaring Softbank stock price and the rising possibility of a deal between the United States and Iran. The Nikkei 225 Index jumped to 62,836, bringing the year-to-date gains to 16.67%. Why Japan stocks are pumping today The Nikkei 225 Index and Topix are in a strong
The S&P 500 Index futures continued soaring today, May 7, reaching their all-time high, despite the existing geopolitical tensions in the Middle East. It rose to $7,390, up sharply from the year-to-date low of $6,352. Here’s the top reasons why the index is in a strong bull run. SPX Index chart | Source: TradingView S&P
Nio stock price has pulled back in the past few days, mirroring the performance of other Chinese electric vehicles. It was trading at $5.90 on Tuesday, down substantially from the year-to-date high of $7.01. Still, the stock is showing some bullish signals, which may lead to a strong comeback in the near term. Nio stock
IAG share price has come under pressure this year as the ongoing US-Iran war has disrupted its business. It dropped to 366p on Wednesday, down from the year-to-date high of 465p. Focus now shifts to its earnings, which will provide more information on its business during the war. Soaring jet fuel prices are hurting airlines
HYPE price continued its recovery this week, helped by the ongoing crypto market rally and the recently launched prediction marketplace. Hyperliquid token was trading at $44 on Wednesday, its highest point since April 19 this year. It has jumped by 115% from its lowest level this year. Hyperliquid launches Polymarket competitor HYPE price has done
The South African rand continued its strong momentum today, reaching its lowest level since April 22nd as a carry trade opportunity emerged. The USD/ZAR pair dropped to 16.4, down sharply from the year-to-date high of 16.90. Carry trade opportunity strengthens The USD/ZAR exchange rate continued its recent downward trend this week as the carry trade