In this article DLTR DG Dollar General and Dollar Tree stores Getty Images Shares of Dollar General and Dollar Tree popped Thursday, as the discounters beat Wall Street’s quarterly earnings expectations, raised outlooks for the coming year and spoke of consumers flocking to lower prices during inflationary times. As of midday Thursday, shares of Dollar
Month: May 2022
The USD/INR is about to end the week modestly lower, pulling back from record levels. The chart shows the primary trend is bullish and strong. According to analysts at Wells Fargo, the rupee will continue to decline versus the US dollar, at a gradual pace. Key Quotes: “The Indian rupee recently hit an all-time record
According to a study by DappRadder, 49% of the blockchain sector is engaged in blockchain gaming. The study also found that Play-to-Earn games are becoming more and more popular, with the number of people playing them increasing every year. Currently, there are about 410 gaming tokens on CoinMarketCapitalization with a total market capitalization of $13,703,237,407
Gold loan non-banking finance Indel Money on Friday announced tranche 2 of public issue of up to Rs 100 crore of secured, redeemable non-convertible debentures (NCDs) of the face value of Rs 1,000 each. The issue opened on May 27, 2022, and closes on June 22, 2022 (with an option of early closure in case
The strongest to weakest of the major currencies The NZD is the strongest and the EUR is the weakest as the North American session begins. Today in the US, the week will end with the core and headline PCE inflation measure (along with personal income and personal spending) being released. The Core PCE is expected
Headlines: Markets: NZD leads, EUR lags on the day European equities higher; S&P 500 futures up 0.2% US 10-year yields down 3.3 bps to 2.725% Gold up 0.5% to $1,858.66 WTI crude down 0.5% to $113.55 Bitcoin down 1.6% to $28,940 It was a quiet session for the most part as markets kept rather calm
Dollar is back under pressure in today, as the rebound in US stocks carry forward to Asia. Swiss Franc is also paring some gains too while Yen softens slightly. Australian and New Zealand Dollars are firm together while Sterling while Euro is mixed. Return of risk-on sentiment, as well as extended pull back in treasury
Alibaba, whose headquarters are pictured here on May 26, said its online physical goods GMV in China, excluding unpaid orders, fell further in April, with a “low teens” decline from a year ago. Str | Afp | Getty Images BEIJING — Chinese tech giants Alibaba, Tencent and JD.com have all posted their slowest revenue growth
EUR/USD advances to fresh monthly peaks near 1.0770. Extra gains now target the resistance line near 1.0820. EUR/USD comes under pressure soon after clinching new highs in the vicinity of 1.0770 on Friday. Considering the pair’s current price action, the continuation of the rebound looks likely in the very near term at least. That said,
Spam and bots have been the bane of anyone that uses the internet for years, but recently this digital scourge has ramped up activity in the crypto sector in a big way. Crypto intelligence provider LunarCrush has revealed spam in the cryptosphere has increased by an astonishing 3,894%. The firm has been collecting crypto-specific social
Gold in the national capital on Thursday fell by Rs 241 to Rs 50,671 per 10 grams, reflecting a decline in international precious metal prices, according to Securities. In the previous trade, the precious metal settled at Rs 50,912 per 10 grams. Silver, however, grows Rs 87 to Rs 61,384 per kg from Rs 61,297
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AUDUSD traders await the next shove The AUDUSD is trading up and down as traders await the next shove. Looking at the hourly chart above, the consolidation has seen the price trade above and below the 100 hour MA (blue line) currently at 0.70909. The high price today reached 0.7109 in the Asian session, and
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Trading in the currency market is rather quiet today, with major pairs and crosses stuck inside yesterday’s range. Other markets are also treading water with European indexes and US futures slightly up. Benchmark treasury yields are mixed. Gold is retreating slightly while oil prices are also range bound. As for the week, Dollar remains the
In this article GPS A customer lifts a shopping bag at an Old Navy Inc. store in San Francisco. David Paul Morris | Bloomberg | Getty Images Gap Inc. on Thursday slashed its profit guidance for the full year as it reported a decline in fiscal first-quarter sales, which were dragged down by its Old
The EUR/JPY remains firm in the week, advancing 1.02%. On Thursday, BoJ Kuroda’s hawkish commentary did not weigh on the EUR/JPY. EUR/JPY Price Analysis: To fall towards 132.50 once the rising wedge break is achieved. The EUR/JPY marches firmly inside a “rising wedge” above the 50-day moving average (DMA), advancing for the third day out
OPEC+ is set to stick to an oil production deal agreed last year at its meeting on June 2 and raise July output targets by 432,000 barrels per day, six OPEC+ sources told Reuters, rebuffing Western calls for a faster increase to lower surging prices. Western nations, grappling with record inflation rates that are threatening
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