May 2024 – Page 29

GM, LG agree on $150 million relief for Chevy Bolt EV owners over faulty batteries

Posted by invnet
|Date: Friday, 17 May 2024
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GM, LG agree on $150 million relief for Chevy Bolt EV owners over faulty batteries

General Motors (NYSE:GM) first launched Chevrolet Bolt EVs in 2015, and used batteries made by LG entitie ...

General Motors (NYSE:GM) first launched Chevrolet Bolt EVs in 2015, and used batteries made by LG entities as part of a business arrangement with the car manufacturer. GM started recalls in 2020 after ...

Friday, 17 May 2024
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Dollar steadies, but on track for sharp weekly loss

Posted by invnet
|Date: Friday, 17 May 2024
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Dollar steadies, but on track for sharp weekly loss

At 04:10 ET (08:10 GMT), the Dollar Index, which tracks the greenback against a basket of six other curre ...

At 04:10 ET (08:10 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.2% higher at 104.580, marginally above a five-week low just below 104 seen earl ...

Friday, 17 May 2024
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Futures muted, OpenAI and Reddit strike deal – what's moving markets

Posted by invnet
|Date: Friday, 17 May 2024
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Futures muted, OpenAI and Reddit strike deal – what's moving markets

1. Futures mutedU.S. stock futures searched for direction on Friday, after equities on Wall Street slippe ...

1. Futures mutedU.S. stock futures searched for direction on Friday, after equities on Wall Street slipped in the previous session as a rally sparked by mild inflation data earlier in the week lost so ...

Friday, 17 May 2024
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Hedge funds play a weak Japanese yen

Posted by invnet
|Date: Friday, 17 May 2024
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Hedge funds play a weak Japanese yen

LONDON (Reuters) - Pressure on Japan to prop up a weak yen may have ebbed, but currency weakness remains ...

LONDON (Reuters) - Pressure on Japan to prop up a weak yen may have ebbed, but currency weakness remains a headache for Tokyo.The yen is down 9.4% against the dollar so far this year, and looks set fo ...

Friday, 17 May 2024
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ING anticipates EUR/GBP rise as BoE rate cut bets increase

Posted by invnet
|Date: Friday, 17 May 2024
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ING anticipates EUR/GBP rise as BoE rate cut bets increase

The firm also observed a decrease in volatility for the EUR/GBP pair as the market anticipates the releas ...

The firm also observed a decrease in volatility for the EUR/GBP pair as the market anticipates the release of key Consumer Price Index (CPI) figures in the UK scheduled for next week.ING's UK economis ...

Friday, 17 May 2024
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Dollar decline pauses, markets eye April core PCE data

Posted by invnet
|Date: Friday, 17 May 2024
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Dollar decline pauses, markets eye April core PCE data

This comes after jobless claims dropped to 222,000 from a previous week's increase to 232,000. The labor ...

This comes after jobless claims dropped to 222,000 from a previous week's increase to 232,000. The labor market had shown similar patterns in January, with claims peaking at 225,000 before falling bac ...

Friday, 17 May 2024
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Bitcoin price today: stalls at $65k, but set for strong weekly bounce

Posted by invnet
|Date: Friday, 17 May 2024
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Bitcoin price today: stalls at $65k, but set for strong weekly bounce

The world’s biggest cryptocurrency remained squarely within a tight $60,000 to $70,000 trading range esta ...

The world’s biggest cryptocurrency remained squarely within a tight $60,000 to $70,000 trading range established over the past two months, seeing few catalysts to break out amid weak capital flows and ...

Friday, 17 May 2024
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Asia FX weakens as dollar recovers amid waning rate cut cheer

Posted by invnet
|Date: Friday, 17 May 2024
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Asia FX weakens as dollar recovers amid waning rate cut cheer

While the greenback was still headed for some weekly losses, it was trading well above a one-month low hi ...

While the greenback was still headed for some weekly losses, it was trading well above a one-month low hit on Thursday. U.S. Treasury yields also rebounded, pressuring risk-driven markets.Regional fac ...

Friday, 17 May 2024
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Dollar set for weekly drop on US slowdown signs

Posted by invnet
|Date: Friday, 17 May 2024
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Dollar set for weekly drop on US slowdown signs

SINGAPORE (Reuters) - The dollar headed for its largest weekly fall versus the euro in two-and-a-half mon ...

SINGAPORE (Reuters) - The dollar headed for its largest weekly fall versus the euro in two-and-a-half months on Friday as signs of cooling inflation and a softening U.S. economy raised the prospect of ...

Friday, 17 May 2024
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Bitcoin Price Alert: Key Indicator Issues Signal Amid Market Uncertainty

Posted by invnet
|Date: Thursday, 16 May 2024
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Bitcoin Price Alert: Key Indicator Issues Signal Amid Market Uncertainty

On Bitcoin's four-hour chart, the TD Sequential indicator has flashed a sell signal, suggesting that the ...

On Bitcoin's four-hour chart, the TD Sequential indicator has flashed a sell signal, suggesting that the current uptrend may be running out of steam and that a short-term correction could be imminent. ...

Thursday, 16 May 2024
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