Micron Technology ( MU ) has experienced a parabolic run driven by unprecedented AI-driven memory demand, Written by: Olumide Adesina • Sunday, July 12, 2026 • 1 min read • Last updated: Sunday, July 12, 2026 Add an article to your Reading List Register now to be able to add articles to your reading list….
SEOUL, July 12 (Yonhap) — SK hynix Inc. is expected to inject a large amount of U.S. dollars into South Korea’s foreign exchange market after raising about 40 trillion won (US$26.5 billion) through an American depositary receipt (ADR) offering on Nasdaq, industry sources said Sunday. The proceeds from the U.S. listing are scheduled to be…
Jaipur: Rajasthan Police’s State Cyber Crime Branch Saturday arrested a Nagpur man for allegedly supplying bank accounts used by an interstate cyber fraud syndicate that duped a Jaipur-based doctor of Rs 3.81 crore through a fake forex trading and online investment scheme. The accused was brought to Jaipur on a transit warrant for questioning.Additional director…
Last week delivered no shortage of market-moving headlines, yet remarkably few decisive market moves. Investors had to navigate renewed US-Iran tensions, hawkish FOMC minutes, a surprise rate hike from the Reserve Bank of New Zealand, stronger-than-expected Canadian employment, and signs of structural policy shifts in Japan. Despite the unusually dense news flow, most major asset…
EUR/AUD’s pullback from 1.6617 extended lower last week but stayed well above 1.6306 support. Initial bias remains neutral this week first. On the upside, above 1.6506 minor resistance will bring retest of 1.6617. Firm break there will resume the rebound from 1.6108. However, decisive break 1.6306 support will argue that the rebound has completed, and…
Range trading continues in EUR/USD and intraday bias stays neutral. With 1.1499 support turned resistance intact, further decline is expected. On the downside, break of 1.1323 will resume the fall from 1.2081 to 100% projection of 1.2081 to 1.1408 from 1.1848 at 1.1175. However, decisive break of 1.1499 will turn bias back to the upside…
The British pound initially rallied against the USD on Thursday but seems to be running into a touch of trouble. GBP/USD The British pound initially rallied against the US dollar during trading here on Thursday, and it then tested an area that was a major resistance barrier just waiting to happen, where supply had come…
Currency markets is heading to the end of the week on a subdued note as a series of developments across Canada, Japan and the Middle East ultimately reinforced existing narratives rather than triggering a meaningful repricing. Canadian Dollar gained modest support after another resilient employment report, while Yen held onto earlier gains sparked by Japan’s…
Image for representational purposes only. File | Photo Credit: Reuters The rupee rose 15 paise to 95.32 against U.S. dollar in early trade on Friday (July 10, 2026) as the greenback weakened and oil prices eased despite intensifying tensions in West Asia. FII outflows and uncertainties over fresh tensions in West Asia weighed on the…
The minutes from the Reserve Bank of Australia’s (RBA) June meeting, released on 30 June, suggested that policymakers are not yet ready to rule out further policy tightening. Board members noted persistent excess demand and broad-based inflationary pressures across the economy, leaving the door open for another interest rate increase if required. Against this backdrop,…