Reinvented to keep you in control, it's where your edge begins with better information. Go from market noise to clarity in seconds with a real-time platform built to redefine how traders and investors digest financial news.
Visit www.marketflux.io
Here is Your Complete Market Rundown (5/11/2026):
Dollar Strengthens as Trump Rejects Iran Peace Proposal, Oil Surges Above $105
The dollar gained and US stock futures fell after President Trump dismissed Iran's peace proposal as unacceptable, dashing hopes for near-term de-escalation. Oil prices jumped above $105 per barrel on renewed Middle East tensions. Markets opened mixed with the S&P 500 down 0.14% and Nasdaq falling 0.39%.
Trump Rejects Iran's Peace Proposal Response as "Totally Unacceptable"
President Trump dismissed Iran's response to his peace proposal as "totally unacceptable," escalating tensions between the two nations despite a fragile ceasefire in their 10-week conflict.
Trump Declares US-Iran Ceasefire on Life Support After Rejecting Tehran's Proposal
President Trump rejected Iran's counter-proposal as unacceptable, calling it garbage and placing the ceasefire on massive life support. Trump is meeting his national security team Monday, with military action back on the table, while reiterating Iran cannot possess nuclear weapons.
Company News
Nvidia Corporation (NVDA)
Performance Overview
1D Change: 1.96%
5D Change: 10.54%
News Volume: 163
Unusual Volume Factor: 1x
Nvidia Nears Record High Amid Market Cap Surge While CEO Huang Excluded from Trump China Trip
Nvidia stock approached but fell just short of a record high on Monday, with shares climbing as the chipmaker added market capitalization equivalent to Oracle's entire value in just four trading days. The company's market value now exceeds the entire healthcare sector of the S&P 500, underscoring the concentration of AI-driven gains in technology stocks. CEO Jensen Huang was notably excluded from President Trump's upcoming Beijing trip, despite other tech leaders including Apple's Tim Cook and Tesla's Elon Musk receiving invitations. The omission comes as Trump prepares for trade talks with Chinese President Xi Jinping. Huang separately received an honorary doctorate from Carnegie Mellon, where he told graduates that no generation has entered the workforce with more powerful tools than today's AI-enabled cohort. Alphabet emerged as a challenger to Nvidia for the title of world's largest company by market capitalization, driven by strength in AI, cloud services, and its Gemini platform. Just five companies—Alphabet, Nvidia, Amazon, Broadcom, and Apple—have accounted for half of the S&P 500's growth since April. Nvidia strengthened its board by appointing a former Goldman Sachs vice chairman as a director. The company announced partnerships with Anthropic and SpaceX, highlighting continued AI expansion. Analysts at UBS reiterated their buy rating on Nvidia stock, citing robust AI demand, while Wedbush described recent earnings season as a "wake-up call" for AI skeptics ahead of Nvidia's May 21 earnings report. Rival chipmaker Cerebras Systems raised its IPO price target to $150-$160 per share amid investor enthusiasm for AI chip alternatives. Semiconductor stocks broadly rallied, with AMD gaining over 2% and multiple chip stocks closing at record highs Friday. Some analysts cautioned that extreme bullish positioning in AI and chip stocks creates risk of sharp volatility if momentum weakens. Nvidia featured prominently in Monday's analyst calls alongside Micron, Tesla, and other major names, while institutional investors reported various position changes in the stock.
Continue reading
The Trade Desk, Inc. (TTD)
Performance Overview
1D Change: -6.76%
5D Change: -10.65%
Trade Desk Shares Plunge 8% as Multiple Analysts Slash Ratings and Price Targets
The Trade Desk faced a wave of analyst downgrades on May 11, sending shares down 8.1% in midday trading. HSBC delivered the most severe cut, downgrading the stock from Buy to Reduce with a $20 price target, citing agency fallout and structural headwinds. Scotiabank lowered its target to $20 from $32, while DA Davidson reduced its outlook to $29 from $32 on growth concerns. Despite the downgrades, analysts still see upside potential, with HSBC and Scotiabank projecting 13% gains and DA Davidson forecasting 37% upside. The stock was among the biggest midday movers alongside Corning, Qualcomm, and Wendy's. Nicholas Company Inc. disclosed new share purchases ahead of the downgrades.
Continue reading
Corning Incorporated (GLW)
Performance Overview
1D Change: 10.97%
5D Change: 29.43%
Corning Surges to Record High on Bank of America Upgrade and AI Optimism
Corning shares hit a record high Monday after Bank of America added the company to its US 1 list, alongside FedEx and C.H. Robinson Worldwide, while removing Amphenol and CSX Corp. The stock led midday market gains and outperformed competitors, drawing unusually high options trading activity. Cathie Wood highlighted Corning among bubble-era stocks benefiting from the AI wave. Institutional investors including Naples Global Advisors, NewEdge Wealth, and Asahi Life Asset Management reported increased stakes in the company.
Continue reading
Fox Corporation (FOXA)
Performance Overview
1D Change: 7.58%
5D Change: 8.57%
Fox Corp Beats Earnings Expectations Despite Super Bowl Revenue Loss, Adds NFL Games
Fox Corporation reported third quarter fiscal 2026 revenue of $3.99 billion and net income of $175 million, exceeding analyst expectations by $0.34 per share despite losing Super Bowl LX broadcast rights. The revenue decline was offset by strong performance from streaming platform Tubi. Fox announced a deal with the NFL to acquire media rights for two additional games next season, bolstering its sports programming lineup as it navigates the Super Bowl revenue gap.
Continue reading
Geopolitics Events
Trump Declares US-Iran Ceasefire on Life Support After Rejecting Tehran's Proposal
President Donald Trump said Monday the ceasefire with Iran is on "massive life support" after dismissing Tehran's counter-proposal as "garbage" and "a piece of garbage" that he "didn't even finish reading." Trump called Iran's response "unacceptable" and "stupid," stating it failed to include necessary nuclear concessions. The president reiterated that Iran cannot have a nuclear weapon and claimed he has a plan for dealing with the country. Trump is scheduled to meet with his national security team Monday to discuss Iran after negotiations deadlocked Sunday, with military action reportedly back on the table according to Axios. Despite the harsh rhetoric, Trump indicated a diplomatic solution remains "very possible." The president predicted Iran's hardline leaders will "fold" under pressure. Iran rejected the US draft proposal, calling it "surrender to Trump's excessive demands."
Continue reading
Trump Proposes Temporary Suspension of Federal Gas Tax
President Trump announced plans to temporarily pause the 18.4-cent federal gasoline tax in an effort to provide relief from high fuel prices. Speaking to CBS and Fox, Trump indicated the suspension would remain in effect until gas prices decline, after which the tax would be gradually reinstated. The proposal follows similar suggestions from Energy Secretary Chris Wright and signals administration concerns about fuel costs heading into the summer driving season.
Continue reading
Musk, Cook, and Major CEOs to Accompany Trump on China Visit
President Trump will bring top executives including Tesla's Elon Musk, Apple's Tim Cook, and Boeing's Kelly Ortberg on his diplomatic trip to China this week for meetings with President Xi Jinping, the White House announced.
Continue reading
US Existing Home Sales Edge Up 0.2% in April to 4.02 Million
US existing home sales rose modestly to 4.02 million units in April, slightly below the 4.05 million forecast but recovering from March's decline. The median home price increased 0.9% year-over-year to $417,700, while inventory stood at 1.47 million units representing 4.4 months of supply.
Continue reading
UK PM Starmer Pledges EU Rapprochement Amid Leadership Crisis Following Election Losses
UK Prime Minister Keir Starmer is fighting to maintain his position after Labour suffered significant local election defeats, with a former junior minister reportedly exploring support for a leadership challenge. In a pivotal speech, Starmer vowed to prove doubters wrong and announced plans to rebuild Britain's relationship with Europe, including pursuing a new EU youth mobility arrangement. The political turmoil coincides with rising gilt yields, adding economic pressure to the Prime Minister's mounting challenges.
Continue reading
Oil Surges Over 4% as Trump Rejects Iran Peace Response
Oil prices jumped more than 4%, with Brent topping $105 per barrel, after President Trump rejected Iran's response to a ceasefire proposal as unacceptable while the Strait of Hormuz remains closed.
Continue reading
UK Cabinet Ministers Pressure PM Starmer to Set Departure Timeline
UK Prime Minister Keir Starmer faces mounting pressure to outline his departure timetable, with Home Minister Mahmood, Deputy PM Lammy, and other senior cabinet ministers urging him to step down. Dozens of Parliament members have joined calls for his resignation.
Continue reading
Trump Taps Iran-Linked Iraqi PM as China Auto Sales Slump Amid Trade Tensions
Trump selected Ali Al Zaidi as Iraq's prime minister-designate despite U.S. Treasury ties linking his bank to Iranian proxies, pressuring him to reduce Tehran-backed militia influence. Separately, Trump engaged Chinese leadership on Beijing's financial support for Iran and Russia. China's domestic auto market weakened further with April passenger car sales falling 21.6% year-over-year, marking the seventh consecutive monthly decline, though exports remained strong. U.S. industry groups urged Trump against allowing Chinese vehicle imports ahead of the Xi summit.
Continue reading
Markets Decline as Trump Rejects Iran Peace Proposal, Tech Stocks in Focus
U.S. stock futures fell after President Trump rejected an Iran peace proposal, calling it "totally unacceptable." Indian markets dropped sharply with Sensex sliding 1,300 points, though pharma and FMCG stocks showed resilience. Premarket movers include Moderna, Micron Technologies, Lumentum, and Intel.
Continue reading
China's April Car Sales Plunge 21.6% as Domestic Demand Weakens Despite Export Strength
China sold 1.4 million passenger cars in April, down 21.6% year-over-year, marking the seventh consecutive monthly decline in domestic sales. Electric vehicle exports surpassed traditional car exports for the first time, highlighting robust foreign demand even as the home market weakens.
Continue reading
Trump Administration Slashes Beef Import Tariffs to Combat Record-High Prices
The Trump administration will temporarily reduce tariffs on beef imports from all exporting nations, potentially as soon as Monday, according to WSJ sources. The move suspends tariff-rate quotas to enable increased foreign beef at lower rates, addressing consumer concerns as ground beef prices have surged 40% over the past five years to record highs.
Continue reading
Nvidia CEO Huang Excluded from Trump's China Trip as Tech, Finance Leaders Join
Nvidia CEO Jensen Huang was not invited to join President Trump's upcoming Beijing visit, according to sources. Meanwhile, Apple's Tim Cook, BlackRock's Larry Fink, and executives from Visa and Mastercard will accompany Trump to China for meetings with President Xi.
Continue reading
Trump Declares Ceasefire on Life Support, Calls Agreement Unbelievably Weak
President Trump criticized a ceasefire agreement involving Iran, calling it "unbelievably weak" and "on massive life support," describing it as one of the weakest agreements.
Continue reading
Oil And Gas Events
Oil Surges Past $103 as Hormuz Blockade Threatens Multi-Year Supply Crisis
Brent crude topped $103 per barrel after President Trump dismissed Iran's peace proposal, intensifying concerns over the prolonged closure of the Strait of Hormuz. The two-month blockade has already eliminated approximately 1 billion barrels from global supply, according to Saudi Aramco CEO Amin Nasser, who warned that normalization may not occur until 2027 if disruptions continue. Morgan Stanley cautioned that oil buffers could be exhausted before Hormuz reopens, with analysts projecting Brent could reach $150 by summer in what they termed a race against time. The crisis has created severe regional impacts, with California facing particular strain as a supertanker delivered the state's last Middle Eastern crude shipment. Gasoline prices exceeding $6 per gallon are expected to climb higher, while US gasoline inventories have fallen to their lowest seasonal levels in over a decade. The supply shock has disrupted global energy markets beyond crude oil. Jet fuel shortages threaten summer travel as airlines cancel flights and raise fares, while 20,000 sailors remain stranded due to the blockade. India's oil marketing companies face potential losses of Rs 1.2 lakh crore in the first quarter, threatening to wipe out full-year profits. Diplomatic efforts continue through quiet channels, with Iran and Saudi Arabia maintaining contact and Turkey's foreign minister scheduled to visit Qatar for safety talks. A second Qatari LNG tanker successfully transited Hormuz bound for Pakistan, though analysts characterized this as a geopolitical exception rather than a trend. Saudi Aramco stated it could reach maximum production capacity of 12 million barrels per day within three weeks if required, currently producing 12.6 million barrels of oil equivalent daily. However, Nasser noted a disconnect between futures and physical markets, with strong refining margins reflecting underlying market tightness. Russian oil discounts widened for the first time since the conflict began as traders reassessed prospects for resolution.
Continue reading
Aramco Warns Oil Crisis Could Extend Into 2027 as Hormuz Closure Drains 100 Million Barrels Weekly
Saudi Aramco CEO Amin Nasser warned that the Strait of Hormuz disruption represents the largest energy supply shock in history, with global oil markets losing 100 million barrels weekly while the critical waterway remains closed. The world has already lost approximately 1 billion barrels over two months, draining onshore inventories that serve as the market's only remaining buffer. Nasser stated that if the Iran conflict isn't resolved within weeks, oil markets won't normalize until 2027, even under the most optimistic scenarios. Morgan Stanley projects Brent crude could reach $150 per barrel by summer if the closure continues, warning that oil buffers may be exhausted before Hormuz reopens. Aramco maintains its maximum sustainable production capacity of 12 million barrels per day and can reach full output within three weeks if needed. The company produced 12.6 million barrels of oil equivalent daily in the first quarter. However, Nasser cautioned that prolonged shutdowns create technical challenges for restoring production and that supply chain normalization will require several months even after the conflict ends.
Continue reading
Oil Tankers Navigate Strait of Hormuz Amid Tracking Blackouts and Fire Reports
Multiple crude oil and LNG tankers transited the Strait of Hormuz with tracking systems disabled, while at least one vessel showed signs of fire near Iran's Jask port. An Iraqi oil tanker reached Vietnam and a Qatari gas shipment cleared the strait following Pakistan-Iran diplomatic discussions.
Continue reading
Oil Surges Past $98 as U.S.-Iran Deal Collapses, Threatening Hormuz Supply
Oil prices jumped sharply after the United States rejected Iran's response to a proposed peace deal, with WTI crude settling up 2.78% at $98.07 per barrel and Brent rising 2.88% to $104.21. The failed negotiations heightened concerns over potential disruptions in the Strait of Hormuz, a critical global energy chokepoint. Trump characterized the ceasefire as on "life support," fueling fears that ongoing tensions could keep global energy supplies constrained and push gasoline prices higher for consumers.
Continue reading
UAE Conducted Secret Military Strikes on Iran, Including Oil Refinery Attack
The United Arab Emirates secretly launched military strikes on Iran, including an early April attack on an oil refinery at Iran's Lavan Island that disabled much of its capacity for months, according to WSJ sources. Iran retaliated with over 2,800 missiles and drones targeting the UAE.
Continue reading
JPMorgan forecasts Brent crude above $100 through 2026 amid supply concerns
Oil markets surged with US crude closing at $98.07, up 2.78%, as JPMorgan predicted Brent will remain above $100 through year-end and into 2026, citing underestimated supply risks and persistent market tightness.
Continue reading
Crypto Events
Bitcoin Holds Above $80K Amid Stablecoin Regulatory Push and Geopolitical Uncertainty
Bitcoin maintained its position above $80,000 as markets navigated multiple crosscurrents. U.S.-Iran peace talks reportedly stalled ahead of a major Trump-Xi political meeting, adding geopolitical tension to trading conditions. Strategy purchased an additional $43 million in Bitcoin, continuing its accumulation strategy despite investor debate over potential dividend policies. The cryptocurrency sector faces regulatory developments as U.S. banking groups push to close stablecoin "loopholes" before the May 14 CLARITY Act markup. The American Bankers Association urged CEOs to contact senators immediately, expressing concerns that stablecoin rewards could impact traditional bank deposits. Circle reported strong earnings and raised $222 million for institutional blockchain infrastructure, with its stock climbing as stablecoin use cases expanded. Early XRP tokenizations surpassed $1.8 billion, signaling growing institutional adoption. Bitcoin continued outperforming gold in 2026, supported by sustained ETF inflows and corporate accumulation. Analysts noted Bitcoin's relative strength against Ethereum, XRP, BNB, and Solana during recent market stress, though options markets remained cautious despite the $80,000 price level.
Continue reading
Strategy Resumes Bitcoin Purchases With $43M Buy After Brief Pause
Michael Saylor's Strategy acquired 535 bitcoin for $43 million, bringing total holdings to 818,869 BTC valued at approximately $66 billion. The purchase marks a return to accumulation after a one-week pause, with the company's average cost basis at $80,340 per bitcoin. Saylor indicated Strategy plans to buy twenty times more bitcoin than it sells.
Continue reading
Ripple Secures $200M Debt Facility From Neuberger Berman for Prime Brokerage Expansion
Ripple's prime brokerage unit obtained $200 million in debt financing from Neuberger Berman to expand its institutional trading platform and launch margin trading services.
Continue reading
Tom Lee's Bitmine Slows Ethereum Purchases Despite Declaring "Crypto Spring"
Bitmine added 26,659 ETH worth $61.88 million last week, marking a significant slowdown from its recent 100,000 ETH weekly pace. The firm now holds 5.2 million ETH valued at $12.08 billion, with 90.51% staked. Despite the reduced buying activity, Lee maintains his "crypto spring" thesis as total crypto holdings reach $13.4 billion.
Continue reading
Bitcoin Stabilizes Above $81K Amid Geopolitical Uncertainty and Whale Activity
Bitcoin held above $81,000 on Monday, marking its strongest opening in months, while Ethereum, XRP, and Dogecoin also stabilized. The cryptocurrency reclaimed levels above $82,000 as spot demand strengthened the rebound. However, analysts warn crypto faces a critical juncture as U.S.-Iran tensions and large holder selling activity create uncertainty. Stalled peace talks ahead of major political meetings between global leaders have put markets on edge, with geopolitical developments continuing to impact both crypto and traditional financial markets.
Continue reading
Earnings Events
Blink Charging Stock Rises on Earnings Beat Despite Revenue Miss
Blink Charging shares climbed after reporting Q1 2026 results that beat EPS estimates by $0.06 at -$0.06 versus -$0.10 expected, though revenue of $20.8M fell short. The company posted 25% service revenue growth while reporting an $11.6M net loss.
Continue reading
AST SpaceMobile Stock Falls on Earnings Miss, Revenue Shortfall
AST SpaceMobile shares declined after reporting first-quarter results that missed expectations, with GAAP EPS of negative $0.66 missing estimates by $0.46 and revenue of $14.74 million falling short by $21.84 million, though the company reaffirmed its 2026 guidance.
Continue reading
Healthcare Events
FDA Approvals and Positive Trial Data Drive Biotech Sector Activity
Argenx secured FDA approval expanding VYVGART use for all adult gMG patients, while Zai Lab obtained fast track status for cancer drug zocilurtatug pelitecan. Multiple companies reported encouraging clinical trial results: Alpha Tau's brain cancer therapy showed 100% local disease control and 67% complete response rate in glioblastoma patients; Inhibrx posted positive interim cancer drug data; and MBX Biosciences presented Phase 1 obesity drug data supporting potential monthly dosing. Erasca partnered with Merck on a combination trial targeting 2.7 million RAS tumor patients. Additional regulatory milestones included Actuate Therapeutics' IND clearance and Fractyl Health's gene therapy diabetes trial approval.
Continue reading
Technology Events
OpenAI Launches $4 Billion AI Deployment Company With Brookfield's $500 Million Investment
OpenAI established a new deployment company to help organizations build and implement AI systems, securing $500 million from Brookfield Asset Management in the venture valued at $4 billion.
Continue reading
Micron Leads AI Chip Rally as Memory Stocks Surge to New Highs
Micron shares hit new highs, leading a broader rally in AI chip stocks despite weak overall market conditions. Investors are betting heavily on AI storage demand, with analysts questioning whether the momentum in memory chips can continue.
Continue reading
Former OpenAI Chief Scientist Sutskever Discloses $7 Billion Stake
Ilya Sutskever, OpenAI co-founder and former chief scientist, confirmed in a court hearing that his ownership stake in the ChatGPT maker is valued at approximately $7 billion, making him one of the largest individual shareholders in the AI startup.
Continue reading
SoftBank's Son Discusses Multibillion-Dollar French AI Data Center with Macron
SoftBank founder Masayoshi Son is in talks with French President Emmanuel Macron about launching a major AI data center project in France, with potential investment reaching $100 billion. The discussions align with SoftBank's broader push into AI infrastructure, including chips, data centers, and robotics, while supporting Europe's ambitions for technological independence.
Continue reading
Google Confirms First AI-Generated Zero-Day Exploit by Cybercriminals
Google security researchers discovered cybercriminals used artificial intelligence to develop a zero-day hacking tool that bypasses defenses in widely-used system administration software, including multi-factor authentication. The tech giant has disrupted the attack, marking a significant escalation in AI-enabled cybercrime capabilities.
Continue reading
Real Estate Events
US Existing Home Sales Edge Up 0.2% in April to 4.02 Million
US existing home sales rose modestly to 4.02 million units in April, slightly below the 4.05 million forecast but recovering from March's decline. The median home price increased 0.9% year-over-year to $417,700, while inventory stood at 1.47 million units representing 4.4 months of supply.
Continue reading
Corporate Actions Events
Cerebras Upsizes IPO to $4.8 Billion on Strong Demand
AI chipmaker Cerebras Systems increased its IPO price range to $150-$160 per share from $115-$125, expanding the offering to 30 million shares from 28 million. The upsized deal could raise $4.8 billion at the top of the range, up from $3.5 billion under prior terms, following reports of 20-times oversubscription.
Continue reading
Bill Gates-Backed Fervo Energy Upsizes IPO to $1.8 Billion
Geothermal energy developer Fervo Energy increased its IPO to 70 million shares priced at $25-$26 each, raising its fundraising target from $1.33 billion to $1.82 billion and targeting a valuation up to $7.37 billion.
Continue reading
Dream Finders Homes Proposes $704 Million Acquisition of Beazer Homes at $25.75 Per Share
Dream Finders Homes has offered to acquire rival homebuilder Beazer Homes for $704 million in cash, or $25.75 per share, sending Beazer's stock surging over 20% on the news.
Continue reading
GoPro Explores Sale or Merger After Unsolicited Inquiries
GoPro's board announced a strategic review including potential sale or merger after receiving multiple unsolicited inquiries since April 13. The company's stock surged on the news despite widening losses.
Continue reading
Circle Raises $222M for Arc Token at $3B Valuation with BlackRock, Apollo Backing
Circle secured $222 million in its Arc blockchain token presale at a $3 billion valuation, with major investors including BlackRock and Apollo participating in the funding round.
Continue reading
Macro Events
Japan Advisory Panel Warns BOJ on Rate Hikes Amid Corporate Funding Concerns
A key Japanese government advisory panel urged the Bank of Japan to exercise caution with rate increases, citing risks to corporate funding conditions. Members specifically highlighted vulnerabilities for firms exposed to Middle East supply disruptions and potential funding strains.
Continue reading
Trump Administration Slashes Beef Import Tariffs to Combat Record-High Prices
The Trump administration will temporarily reduce tariffs on beef imports from all exporting nations, potentially as soon as Monday, according to WSJ sources. The move suspends tariff-rate quotas to enable increased foreign beef at lower rates, addressing consumer concerns as ground beef prices have surged 40% over the past five years to record highs.
Continue reading
Bond Funds Face Scrutiny as Markets Price 50% Rate Hike Probability by April
Markets now imply nearly even odds of rate increases by next April, raising questions about bond fund positioning. Meanwhile, Ethereum Foundation unstaked $49.6M for treasury rebalancing, and IREN announced $2B convertible notes offering.
Continue reading
Metals Events
Barrick Mining Q1 Profit Surges on 72% Gold Sales Jump
Barrick Mining exceeded first-quarter profit and revenue estimates, driven by a 72% year-over-year increase in gold sales while copper sales growth decelerated, and declared a $0.175 quarterly dividend.
Continue reading
Britain Moves Toward Full Nationalization of British Steel
Prime Minister Starmer announced government plans to take powers enabling full nationalization of British Steel, marking a significant shift in the company's ownership structure.
Continue reading
Fixed Income And Interest Rates Events
Japan Advisory Panel Warns BOJ on Rate Hikes Amid Corporate Funding Concerns
A key Japanese government advisory panel urged the Bank of Japan to exercise caution with rate increases, citing risks to corporate funding conditions. Members specifically highlighted vulnerabilities for firms exposed to Middle East supply disruptions and potential funding strains.
Continue reading
Currencies Events
Currency Markets Show Mixed Signals Amid Geopolitical Tensions and Central Bank Positioning
The dollar strengthened against major currencies as Middle East tensions supported safe-haven demand, with GBP/USD holding below 1.3600 despite some dip-buying interest. The Australian dollar advanced above its 20-day moving average toward 0.7300, while the Canadian dollar reversed earlier losses. New Zealand's currency may rally on expected hawkish central bank signals. The Bank of Japan's intervention efforts continue suppressing USD/JPY gains, while EUR/USD held losses near 1.1750.
Continue reading
