Category: Surges
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Dollar slips ahead of GDP data; euro rises and yen surges By Investing.com
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Investing.com – The U.S. dollar fell on Thursday, the euro posted small gains and the Japanese yen rose to multi-month highs ahead of a Bank of Japan meeting next week. At 05:25 ET (09:25 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was…
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Asia FX muted as dollar dips ahead of econ. data; yen surges By Investing.com
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Most Asian currencies moved in a flat-to-low range on Thursday as a pullback in equity markets kept traders largely avoiding risk-based assets, while the dollar retreated ahead of key economic indicators in the coming days. The Japanese yen remained an exception, rising to its strongest level against the dollar in…
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USD/JPY implied volatility surges to its highest since the first week of May
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Implied volatility is a component of the options pricing model. In short, the expected annual movement in an asset (USD/JPY in this case), adjusted for the expiration period. A higher IV means higher priced options (more expensive to secure “protection” via options). Volatility has increased due to the significant appreciation…
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MEW surges 16%, becomes top gainer in crypto market today
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MEW, the Solana-based coin known as the “cat in the dog world,” has seen a significant surge of over 16% in the past 24 hours, making it the biggest gainer among cryptocurrencies on July 24. At the time of writing, the cat-themed coin MEW is still up 11%, trading at…
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Japanese yen surges, USDJPY tumbles amid suspected intervention By Investing.com
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The Japanese yen rose sharply against the US dollar on Wednesday and Thursday, with the USD/JPY pair falling to its lowest level in more than a month amid speculation that the government has intervened in currency markets. The pair, which measures the number of yen needed to buy one dollar,…
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Dow surges 742 points and small caps rally as investors bet big on Fed rate cuts
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The Dow Jones rose more than 700 points on Tuesday.Getty Images The Dow Jones rose more than 700 basis points on Tuesday. Small-cap stocks saw the biggest gain as bets on lower interest rates helped drive rotation to other parts of the market. Retail sales also encouraged investors, easing concerns…
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Iggy Azalea MOTHER Coin Surges 58% On DWF Labs Collaboration Announcement
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The famous symbol inspired by Australian singer Iggy Azalea, Mother Eiji MOTHER, a token on the Solana (SOL) blockchain, saw a massive 58% surge on Thursday, emerging as the market’s top performer as the meme coin announced a new collaboration with Web3 investor and market maker DWF Labs. Iggy Azalea…
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Japanese yen surges, ringing intervention alarm bells By Reuters
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(Reuters) – The Japanese yen jumped about 3% on Thursday in its biggest daily gain since late 2022, a move local media attributed to a round of official buying to support the currency, which is at a 38-year low. The dollar fell to 157.40, just after data showed that consumer…
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Big Tech surges as S&P 500 crosses 5,600 for first time
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On Thursday, investors will digest one of the most important data points that will shape the Federal Reserve’s future interest rate policy: the June consumer price index. The inflation report, due at 8:30 a.m. ET, is expected to show headline inflation at 3.1%, slowing from a 3.3% gain in May.…
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Google’s emissions have jumped by nearly half in five years as AI surges (NASDAQ:GOOG)
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Sean Gallup/Getty Images News Google (NASDAQ:GOG) (NASDAQ:GoogleCarbon emissions have increased by about 50% in the past five years due to increased data center energy consumption and supply chain emissions caused by the power demands of AI systems, the company said. A week in Annual Environmental Report. Google (GOOG) (GOOGL) said…
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Mantra surges 22% despite Bitcoin sell pressure, Multiverse shines
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Talisman, emblemon) is up more than 8% in the past 24 hours, amid broader volatility in the cryptocurrency market. Mantra Stock Upward Momentum The Relative Strength Index (RSI) indicates an upward price movement in the neutral zone, indicating a potential overbought. Additionally, the Moving Average Convergence Divergence (MACD) indicator indicated…
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Mantra surges 22% despite Bitcoin sell pressure, Multiverse shines
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Talisman, emblemon) is up more than 8% in the past 24 hours, amid broader volatility in the cryptocurrency market. Mantra Stock Upward Momentum The Relative Strength Index (RSI) indicates an upward price movement in the neutral zone, indicating a potential overbought. Additionally, the Moving Average Convergence Divergence (MACD) indicator indicated…
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Burn Rate Surges 16,854%, Trading Volume Rises 170%
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Shiba Inu (SHIB) July started on a positive note, with many Scales on the chain Drawing a bullish signal for the second largest meme coin by market cap. These bullish developments could provide a much-needed turnaround for the meme coin, which has been June to forget. SHIB burn rate increased…
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Burn Rate Surges 16,854%, Trading Volume Rises 170%
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Shiba Inu (SHIB) July started on a positive note, with many Scales on the chain Drawing a bullish signal for the second largest meme coin by market cap. These bullish developments could provide a much-needed turnaround for the meme coin, which has been June to forget. SHIB burn rate increased…
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Solana-based HUND meme coin surges amid ETF hopes and NFT launch
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Solana-based coin HUND has seen huge gains, rising over 17% and gaining a trending spot on Google. At the time of writing, HUND’s price is still up 9%, trading at $0.00942 according to CoinMarketCap data. The crypto asset has also seen a 3.7% increase in its daily trading volume, currently…
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Solana-based HUND meme coin surges amid ETF hopes and NFT launch
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Solana-based coin HUND has seen huge gains, rising over 17% and gaining a trending spot on Google. At the time of writing, HUND’s price is still up 9%, trading at $0.00942 according to CoinMarketCap data. The crypto asset has also seen a 3.7% increase in its daily trading volume, currently…
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Akash Network surges 20%; AAVE, KASPA eye further upside
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akash network (ACT) showed strong price performance, with a notable increase of 20% over the past week, amid widespread market volatility. The token has managed to reclaim its 20-day exponential moving average (EMA), suggesting that further upward movement is possible. AAVE and KASPA are also in the green this week.…
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Akash Network surges 20%; AAVE, KASPA eye further upside
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akash network (ACT) showed strong price performance, with a notable increase of 20% over the past week, amid widespread market volatility. The token has managed to reclaim its 20-day exponential moving average (EMA), suggesting that further upward movement is possible. AAVE and KASPA are also in the green this week.…
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Solana (SOL) Surges 18%, But Watch Out For Crowd FOMO
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Solana has shown a breakout over the past few days, but the data shows that FOMO is on the rise, which could be a bad sign for a rally. Solana’s social trading volume rose along with the rally According to data from blockchain analytics firm saintSOL’s social trading volume has…
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Arcadium Lithium surges as RBC starts as a buy, driven by strong production growth
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Omedia/E+ via Getty Images arcadium lithium (New York Stock Exchange: Altm) +12.7% In trading on Wednesday, RBC Capital rated the stock a new outperform with a $4 price target, saying the company offers investors “the most vertically integrated and diversified exposure to lithium and chemicals across our coverage.” The RBC…