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Forex
Australian Dollar hovers near a psychological level after retreating from six-month highs
The Australian Dollar (AUD) remains subdued against the US Dollar (USD) for the second successive day on Tuesday. However, the AUD/USD pair maintains its position near a psychological 0.6500 level after pulling back from a six-month high of 0.6537, which was reached on Monday.
Fxstreet
Tue, May 27
Cryptocurrencies
Ethereum Price Faces Pressure: Can It Sustain Its Recent Rally?
Ethereum price found support at $2,460 and started a fresh increase. ETH is now struggling and might drop again below the $2,500 support. Ethereum started a decent increase above the $2,500 and $2,520 levels. The price is trading near $2,550 and the 100-hourly Simple Moving Average. There was a brea...NewsBTC
Tue, May 27
Economic Indicator
China's industrial profits rise 1.4% in January-April
BEIJING, May 27 (Reuters) - Profits at China's industrial firms expanded 1.4% in the first four months of 2025 from the same period last year, official data showed on Tuesday, following a 0.8% gain in the first quarter.In April alone, total profits of industrial companies rose 3.0%, according to...Reuters
Tue, May 27
Other
China accuses Taiwan of cyberattack on tech company
BEIJING, May 27 (Reuters) - Chinese public security authorities in the city of Guangzhou have attributed a cyberattack on an unnamed technology company to the Taiwan government, a statement showed on Tuesday.The foreign hacker organisation behind the attack was "supported by" Taiwan's De...Reuters
Tue, May 27
Forex
NZD/USD extends the rally to near 0.6000 ahead of RBNZ rate decision
The NZD/USD pair extends its upside to around 0.6000 during the early Asian session on Tuesday. The US Dollar (USD) edges lower against the New Zealand Dollar (NZD) amid renewed trade tensions and growing concerns about the US fiscal outlook.
Fxstreet
Tue, May 27
Other
Quadria Capital secures $1.07 billion for third Asia healthcare fund
SINGAPORE, May 27 (Reuters) - Asian healthcare-focused private equity firm Quadria Capital said on Tuesday it has secured total commitments of $1.07 billion for its third fund, surpassing an original target of $800 million.Reuters reported in September 2023 that Quadria was looking to raise up to $1...Reuters
Tue, May 27
Commodities
PRECIOUS-Gold edges higher as dollar dips, US fiscal worries mount
May 27 (Reuters) - Gold prices edged up on Tuesday, supported by a weaker dollar and concerns over the U.S. fiscal outlook, while investors looked for further clarity on trade policy after U.S. President Donald Trump postponed a planned tariff hike on European goods.Reuters
Tue, May 27
Forex
FOREX-Dollar stutters as US tax debate grinds on; yen gains
By Rocky Swift TOKYO, May 27 (Reuters) - The dollar struggled to regain its footing Tuesday as investor concerns over a sweeping tax and spending bill and its implications for the U.S. debt profile continued to undermine sentiment towards U.S. assets.Global stock markets and the euro gained on Mo...Reuters
Tue, May 27
Stocks
Australia's Elders rises; Citi positive on second-half outlook
** Shares of Australia's Elders ELD.AX rise as much as 3.7% to A$6.39, their highest levels since May 26 ** Stock of the agribusiness marks its biggest intraday pct gain since April 23 ** Citi sees sequential upside catalysts for 2H in sustained momentum in livestock and real estate serv...Reuters
Tue, May 27
Cryptocurrencies
Bitcoin Price Faces Key Hurdles — Can Bulls Power Through?
Bitcoin price started a fresh increase above the $108,000 zone. BTC is now consolidating and might start another increase if it clears $110,750 Bitcoin started a fresh upward move above the $107,500 zone. The price is trading above $108,500 and the 100 hourly Simple moving average. There is a connec...NewsBTC
Tue, May 27
Cryptocurrencies
Crypto Whales On Watch As Over $3 Billion In Tokens Unlock Next Month
Crypto assets to the tune of over $3 billion are heading into circulation in June. That marks a 32% drop from May’s haul of $4.9 billion. According to crypto vesting tracker Tokenomist, investors and traders will face new supply pressure again this month. Related Reading: Buy XRP Before It Explodes ...NewsBTC
Tue, May 27
Cryptocurrencies
Double Trouble: Crypto User Loses $2.5M By Copying Same Scam Address Twice
A crypto user has just lost more than $2.5 million in a simple copy-and-paste mistake. They tried to move 843,166 USDT to a safe wallet. Instead, they sent a chunk of it to the wrong address. Then they did it again—this time sending $1.7 million to the same scammer. It’s a costly reminder that even ...Bitcoinist
Tue, May 27
Cryptocurrencies
Mutuum Finance (MUTM) at $0.03 vs Cardano (ADA) at $0.44: Which Has More 20x Upside Potential?
Currently, two names attracting attention right now are Mutuum Finance (MUTM) and Cardano (ADA). At first glance, ADA is a well-established project with a mature ecosystem, while MUTM is an emerging decentralized finance (DeFi) protocol with strong potential. This article compares the two to see which has the better chance of delivering 20x returns, focusing […]Cryptopolitan
Tue, May 27
Stocks
Australia's WiseTech Global gains as brokerages remain upbeat on co's E2open buy
** Shares of WiseTech Global WTC.AX rise 2.6% to A$107.48, their highest levels since October 23, 2024** The logistics software firm on Monday reported a $2.1 billion acquisition of U.S. cloud computing firm E2open ETWO.N** Morningstar sees the deal as "opportunistic" amid ETWO's declini...Reuters
Tue, May 27
