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Markets
Mastercard’s stability vs Affirm’s velocity: Which has more upside?
Key takeawaysAFRM reports 34% revenue growth and 42% GMV gains driven by major merchant integrations and Affirm Card.AFRM expands its ecosystem to 24.1M consumers and 419,000…
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It’s Black Wednesday for this retailer as stock Soars 13%
Heading into Black Friday and the holiday shopping season, retailers are primed and ready for a big final month of the year.But it was Black Wednesday for one retailer, Urban…
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Gold clings to gains near two-week high amid Fed rate cut bets
Gold (XAU/USD) struggles to capitalize on the Asian session positive move to a two-week top and remains below the $4,200 mark amid mixed fundamental cues. The increasing likelihood…
XAG/USD retreats from two-week top, near $54.50
Silver (XAG/USD) struggles to capitalize on the Asian session move up and retreats from the $54.40-$54.45 region, or its highest level since October 17, touched earlier this…
Australian Dollar firms as hotter inflation dims expectations of RBA easing
The Australian Dollar (AUD) advances against the US Dollar (USD) on Friday, extending its gains for the sixth consecutive day. The AUD strengthens against major peers as…
Japanese Yen struggles as fiscal concerns overshadow Tokyo CPI
The Japanese Yen (JPY) ticks lower during the Asian session on Friday, despite mostly upbeat domestic data, and retreats further from the vicinity of a one-week top against its…
PBOC sets USD/CNY reference rate at 7.0789 vs. 7.0779 previous
On Friday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 7.0789 compared to the previous day's fix of 7.0779 and 7.0769 Reuters…
EUR/USD steady around 1.1600 as Fed cut bets weigh on Dollar
EUR/USD is flat on Thursday amid thin trading liquidity conditions as US markets are closed for Thanksgiving. Still expectations that the Federal Reserve might reduce borrowing…