The Canadian dollar strengthened to a two-week high against its U.S. counterpart on Thursday along with gains for other commodity-linked currencies as investors cheered progress toward passing a U.S. debt ceiling bill. "That suggest it's a risk-on recovery, likely fueled by optimism on the debt deal passing the House of Representatives so quickly and now ready for the Senate approval," said Amo Sahota, director at Klarity FX in San Francisco. The U.S. House of Representatives passed a bill to suspend the U.S. debt ceiling on Wednesday evening.

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Denbury Inc (DEN), where a total of 10,013 contracts have traded so far, representing approximately 1.0 million underlying shares. That amounts to about 166.3% of DEN's average daily trading volume over the past month of 602,135 shares..

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Microsoft Corporation (MSFT), where a total of 258,717 contracts have traded so far, representing approximately 25.9 million underlying shares. That amounts to about 93.5% of MSFT's average daily trading volume over the past month of 27.7 million shares..

This week’s ETF Wrap takes a look at tech-fund demand and performance while highlighting several AI-themed ETFs that have attracted inflows this year.

Apple, Nvidia, Alphabet, Microsoft, and Amazon have seen their shares skyrocket this year. In fact, the gains in just a handful of stocks have powered the major indexes higher. Yahoo Finance's Jared Blikre explains.

Microsoft Corp may spend billions of dollars over multiple years on computing infrastructure from start-up CoreWeave, CNBC reported on Thursday, citing people familiar with the matter. The Windows maker had signed the CoreWeave deal earlier this year in order to ensure that OpenAI, which operates the viral ChatGPT chatbot, will have adequate computing power, according to the report. Microsoft declined to comment, while CoreWeave did not immediately respond to Reuters' request for a comment.

The Dow Jones rallied as Senate Leader Chuck Schumer made a debt-ceiling push. Microsoft stock rose amid an AI deal. Dollar General retreated.

The rapid evolution of the digital landscape is punctuated byremarkable innovations in artificial intelligence (AI). ...

The Facebook parent unveiled its Quest 3 mixed-reality headset.

(Bloomberg) -- Apple Inc. is working on plans to expand and revitalize its retail chain, aiming to push deeper into China and other parts of Asia while overhauling established locations in the US and Europe. Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Passes the House, Easing US Default ConcernsWall Street Banks Are Using AI to Rewire the World of FinanceBillionaire Perot Warns of Real Estate

The release of “Diablo IV” is right around the corner. Early access for the highly anticipated action role-playing video game begins Thursday night — ahead of next week's official launch. “Diablo IV” marks the latest installment of Blizzard Entertainment's “Diablo” series, which began in 1996, and arrives more than a decade after “Diablo III” was released in May 2012.

Apple wants to get to know your habits really, really well. The company wants to patent tech to use "in-home location...

Dollar General’s shares plummeted 20% by midday which, if sustained, would be the worst daily drop in its history. Its shares now trade at 0.86 times expected revenue, lower than peer Dollar Tree which is undergoing a turnaround with former Dollar General boss Rick Dreiling at its helm. Chief Executive Officer Jeff Owen said they are relying more on items priced at $1 or below.

Here are the most active equity options for midday.

The incoming head of the U.N. migration agency said on Thursday that she has talked to companies like Microsoft to see how they can build partnerships to manage migration. A record number of people -- more than 100 million -- are forcibly displaced around the world and the Geneva-based International Organization for Migration (IOM) seeks to ensure humane and orderly migration and intervenes where needed. Washington's candidate Amy Pope, who beat her Portuguese boss Antonio Vitorino in an tense election last month to head the organisation, said there was a need to ease strain on asylum systems in Western countries she described as "completely overwhelmed".

Mizuhoanalyst Vijay Rakesh reiterated a Buy rating on the shares ofCredo Technology Group Holding Ltd(NASDAQ: ...

Nvidia's founder and CEO Jensen Huang exudes confidence that the trillion-dollar-chipmaker has what it takes to navigate geopolitically sensitivities.

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track ...

Virtual world venture makes sense ahead of a technology revolution that could threaten the iPhone empire

The S&P 500 Index is often used as a barometer of the overall health and direction of the U.S. stock market. However, throughout its ...

Some customers with Apple savings accounts, which are a partnership with Goldman Sachs, say it has taken weeks to withdraw money.

The surge of artificial intelligence (AI),the supremacyof the internet giants and expectations of the Fed's tightening ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Investors who are looking for safe retirement stocks often turn to Warren Buffett's portfolio to get a sense of which stocks to buy. The post 3 Warren Buffett Stocks to Buy (and Never Sell)  appeared first on InvestorPlace. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today Wall Street Titan: Here’s My #1 Stock for 2023 It doesn’t matter if you have $500 or $5 million. Do this now.

"The dog days of summer started early in crypto," Galaxy Digital's Mike Novogratz said. "That doesn't make me thrilled."

(Thursdaymarket open)The new month begins with stocks on the rise after the United States edged one step closer to moving ...

Meta Platforms Chief Executive Mark Zuckerberg introduced the latest version of the company’s virtual-reality headset, called Meta Quest 3. The Meta Quest 3, powered by a new chip from Qualcomm will be 40% thinner and have updated displays and resolution. Zuckerberg said in a video on social media that it is the company’s most powerful headset yet.

The result is a significant blow for Paxos as MakerDAO currently holds roughly half of USDP’s total supply.

Meta Platforms Inc. unveiled its latest virtual reality (VR) headset Thursday, just days before Apple Inc. is expected to jump into the ring with its own augmented reality headset.

The SPDR S&P 500 ETF Trust (ARCA: SPY) experienced an outstanding $18.1 billion in net inflows in May, the greatest flow performance ...

Meta Platforms, Inc(NASDAQ: META) stock is up Thursday as CEO Mark Zuckerberg launchedMeta Quest 3. The session ...

Investors in Microsoft Corporation (MSFT) saw new options begin trading today, for the July 14th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the MSFT options chain for the new July 14th contracts and identified one put and one call contract of particular interest.

OpenAI is stealing the spotlight as the definitive AI startup, but other promising startups are making waves and generating buzz in Silicon Valley and beyond.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Some of the top AI stocks to buy have seen explosive gains in the last week or two. So let's look at a few stocks to buy on the dip. The post Ready for the AI Stock Boom? 3 Names to Buy Now on the Dip appeared first on InvestorPlace. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today Wall Street Titan: Here’s My #1 Stock for 2023 It doesn’t matter if you have $500 or $5 million. Do this now.

Ahead of Apple Inc.'s expected launch of a mixed-reality headset next week, Meta Platforms Inc. has teased an enhanced version of its own offering.

C3.ai shares were punished by investors on Thursday after the company failed to deliver the kind of blowout numbers recently reported by some peers in the AI race.

Meta debuted its Quest 3 headset just days before Apple is expected to launch its own AR/VR headset.

Chief Mark Zuckerberg teases new Quest 3 product as tech group continues to develop metaverse ambitions

These companies are worth a closer look, thanks to their AI and cloud market prospects.

Warren Buffett and Jim Cramer are talented in their own right. One is an investing legend who has helped Berkshire Hathaway Inc. ...

Lawyers have to deal with a lot of paperwork. But generative AI may be able to help them cut some of that work down. Thomson Reuters CEO and President Steve Hasker joins Yahoo Finance Live to discuss his company's latest offering to help the legal field.

The Irish Data Protection Commission (IDPC) launched an investigation into the professional networking platform in 2018 over whether its targeted advertising practices violated the European data protection law. The regulator's order is not public and Microsoft said that LinkedIn was informed about the preliminary decision in April. Microsoft added it would dispute the proposed fine after receiving a final order.

Software major Microsoft Corp said on Thursday it expected to take a charge of about $425 million in the current quarter for a potential fine from an Irish regulator over alleged privacy violations at its unit LinkedIn. The Irish Data Protection Commission (IDPC) launched an investigation into the professional networking platform in 2018 over whether its targeted advertising practices violated the European data protection law. The regulator's order is not public and Microsoft said that LinkedIn was informed about the preliminary decision in April.

In this article, we will be taking a look at 10 stocks Cramer thinks can weather a debt default. To explore similar stocks, you can go see 5 Stocks Cramer Thinks Can Weather a Debt Default. “When The Market Throws a Sale, I Tell You To Do Some Buying” On May 12, Jim Cramer noted […]

Good Morning Traders! In today's Market Clubhouse Morning Memo, our focus is on SPY, TSLA, AI, AAPL, GOOGL, and NVDA. Our ...

Apple said that the App Store generated $1.1 trillion in developer billings and sales last year. The App Store has more than 1.8 million apps to choose from.

Nvidia Corp(NASDAQ: NVDA) CEO Jensen Huang felt "perfectly safe" about its dependence on chip powerhouseTaiwan ...

Investors are also looking to the Fed's next policy meeting June 13-14, when central bankers will decide their next move.

Bitcoin and other cryptocurrencies were largely down early on Thursday, with concerns around falling liquidity in focus following the likely passage of legislation to lift the U.S. debt ceiling. Bitcoin was down 1.2% at $26,856. The House of Representatives approved a deal to suspend the U.S. federal government’s $31.4 trillion debt ceiling late on Wednesday and it now heads for Senate approval.

The valuations of big tech stocks appear reasonable when you factor in how quickly they are growing earnings.

These companies have excellent prospects in the $484 billion cloud industry.

CleanSpark has been buying up assets during the bear market to reach its 2023-end of 16 EH/s, but discounts are getting smaller.

The British pound initially pulled back a bit during the trading session on Thursday but has found enough support near the 50-Day EMA to show signs of life. Ultimately, this is a market that still has a lot of noise ahead.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips AI could create a potential $1.81 trillion opportunity by 2030. That's great news for these top tech stocks benefiting from Nvidia growth. The post 3 Tech Stocks Ready to Ride Nvidia’s Coattails appeared first on InvestorPlace. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today Wall Street Titan: Here’s My #1 Stock for 2023 It doesn’t matter if you have $500 or $5 million. Do this now.

Amazon (AMZN) announces the general availability of its purpose-built security data lake, called Amazon Security Lake.

The euro continues to face a lot of downside pressure on Thursday as we try to figure out if the buyers are going to jump back in.

The Australian dollar has rallied during the trading session on Thursday, as it looks like we are trying to bounce back from a significant selloff. That being said, the market still has a long way to go before things change.

Wednesday, the United States House of Representatives passed a bill to raise the debt ceiling for two years. The bill passed with 314 votes for and 117 votes against the measure.

The latest price moves in bitcoin (BTC) and crypto markets in context for June 1, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Join us as we delve into the remarkable career ofPeter Deng, who now spearheadsOpenAI’srevolutionary language ...

Russia's Federal Security Service (FSB) claimed to have detected a U.S. National Security Agency (NSA) plot using previously ...

And we've got an interview with Yancey Spruill, CEO of cloud service provider DigitalOcean.

Thanks to the growth of AI, Nvidia's business might be approaching a tipping point.

The pound edged up on Thursday, taking advantage of a dip in the dollar after Federal Reserve officials indicated the central bank might skip a rate hike this month, while UK data painted a picture of an increasingly gloomy economy. Data from the Bank of England (BoE) showed British lenders approved fewer mortgages in April than in March and the value of new loans also fell, highlighting the softness in the housing market. A separate report earlier from mortgage lender Nationwide showed UK house prices fell by the most since 2009 in the 12 months to May, and the country's housing market faces further headwinds after a recent jump in borrowing costs.

Apple Inc supplier Foxconn will start manufacturing iPhones in the southern Indian state of Karnataka by April 2024, the state government said on Thursday. The land for the factory would be handed over to Foxconn by July 1, the government said, adding that the project, valued at 130 billion rupees ($1.59 billion), is expected to create around 50,000 jobs. Foxconn, the world's largest contract electronics manufacturer, has set a target of manufacturing 20 million iPhones a year at the plant in Devanahalli, on the outskirts of state capital and tech hub Bengaluru.

"Rates and yields are rising sharply in the U.S. and Europe, with both interest income and interest expense is set to rise, making cash the king," says Jefferies.

This story was originally published on the Benzinga India Portal. Apple Inc's (NASDAQ: AAPL) two new retail stores in India have ...

Bitcoin fell 1.36% to US$26,805 in 24 hours. Ether slipped 0.82% to US$1,854.

Intel looks like a good long-term bet right now. Apple, not so much.

Insider's Phil Rosen breaks down how mega-cap names like Apple and Nvidia have powered the S&P 500 to a strong 2023.

Ahead of Apple Inc.’s(NASDAQ:AAPL) WWDC 2023, the latest rumors indicated that two highly-anticipated Mac models featuring ...

Brazilian-born Microsoft alum Lidiane Jones has a wealth of experience in navigating culture clashes.

The internet search giant is developing artificial intelligence, but it might not matter.

The S&P 500 closed lower on Wednesday as investors assessed unexpectedly strong labor market report. The Labor Department said ...

These companies' lucrative positions in gaming make them reliable long-term investments.

These companies have exciting developments on the way, with promising outlooks in AI and virtual/augmented reality.

NVIDIA, Marvell, Microsoft, Arista and Palantir have been highlighted in this Market Edge article.

The dollar rose on Thursday after a vote of approval from the U.S. House to suspend the debt ceiling, though the greenback drifted from a two-month high as investors trimmed bets the Federal Reserve will raise interest rates this month. The euro fell ahead of euro zone inflation data due at 0900 GMT, which is expected to show price pressure in the block has eased. A divided U.S. House of Representatives on Wednesday passed a bill to suspend the $31.4 trillion debt ceiling, and the focus now turns to how it will fare in the Democratic-led Senate just days before the federal government is expected to run out of money to pay its bills.

This excellent list of top stocks to buy includes growth stocks, dividend stocks, and value stocks.

The debt sale was the first of its kind for the French sustainable agriculture business.

Chip investors are eagerly awaiting the latest results from semiconductor bellwether Broadcom after the market close to get an update on its businesses and progress in the artificial intelligence market. Broadcom’s semiconductors are in a number of categories, including networking, broadband, server storage, wireless and industrial. For the quarter ended in April, Wall Street expects Broadcom (ticker: AVGO) to report $8.7 billion in revenue, or up about 7% year over year, with adjusted earnings of $10.12 a share.

Bitcoin’s mining difficulty level rose 3.4% on Thursday to an all-time high, as the network’s hashrate also increased to a record high.

How long you should stay living in a property if you want to maximise your return, according to the experts.

The U.S. dollar stabilized in early European trading Thursday near a two-month high as traders digested progress in the U.S. debt ceiling bill, comments from a number of Fed speakers, and Chinese manufacturing activity data. Risk sentiment received a boost earlier Thursday after a private survey showed that China’s manufacturing sector grew more than expected in May, offering hope of a recovery in the country’s key growth driver after official data had shown a sustained slowdown earlier this week. The safe-haven dollar has also drifted from its recent highs after the U.S. House of Representatives voted in favor of a bill to suspend the debt ceiling late Wednesday.

For decades, ever-tinier semiconductors have allowed huge leaps in computing progress. Not for much longer, warn experts

The stablecoin is issued by a registered trust owned by First Digital.

A look at the red-hot AI stocks.

Bitcoin fell on Thursday morning in Asia to post the first monthly loss of the year. Ether and all other top 10 non-stablecoin tokens also traded lower.

The son of legendary value investor Bill Miller appeared on CNBC’s "Closing Bell" Wednesday to discuss the transition in ...

Despite some sell-side activity in the S&P 500, the market made a comeback, although it didn't quite reach the crucial 4211 mark.

(Bloomberg) -- Apple Inc. is testing a pair of new high-end Macs and their accompanying processors ahead of its Worldwide Developers Conference next week, suggesting that it’s nearing the release of professional-focused desktop computers.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireDebt-Limit Deal Passes the House, Easing US Default ConcernsWall Street Banks Are Using AI to Rewire the World of FinanceBillionai

Investing.com -- Most Asian currencies advanced on Thursday, while the dollar inched lower tracking comments from Federal Reserve officials touting a potential pause in the rate hike cycle in June.

Most of the S&P 500 quarterly gains came from the biggest ten firms in it.

May was a great month for technology and chip maker stocks. The rest of the market? Not so much.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Small-cap stocks can be risky, and all three of these companies are facing adversity. But they could be home run investments. The post 3 High-Potential Small-Cap Stocks for Investors With Strong Stomachs appeared first on InvestorPlace. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today Wall Street Titan: Here’s My #1 Stock for 2023 It doesn’t matter if you have $500 or $5 million. Do this now.

Microsoft Corporation(NASDAQ: MSFT)'s appeal of the U.K. Competition and Market Authority's decision to block the tech ...

Strange market right now, huh? All year long, media, asset managers, and banks have touted the risk of a recession and the challenge of rising rates. That hasn’t stopped investors from helping megacap tech names to lift the S&P 500 overall. So what’s the real story? Speculation is driving ongoing interest in crypto, fringy tech, [...] The post Avoiding Speculation Doesn’t Make You a Bear appeared first on ETF Trends.

For those of us who are invested in US index funds, “sell in May” would have been a mediocre strategy at best and a lousy one at worst.

Piper Sandleranalyst Brent Bracelin maintainsMicrosoft Corp(NASDAQ: MSFT) with an Overweight, raising theprice ...

Large-cap U.S. equities have rallied year-to-date by approximately nine percent (as of May 29th) and appear to show resiliency in the face of a potential recession.

Wedbushanalyst Daniel Ives maintains an Outperform rating onApple Inc(NASDAQ: AAPL) with aprice target of ...

Here are the most active equity options for midday.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips What are the best AI stocks to buy today? The answer may root itself in a historical analysis of previous technological paradigm shifts. The post The Playbook for Profiting in the AI Boom appeared first on InvestorPlace.

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track ...

Apple® today announced the App Store® ecosystem facilitated $1.1 trillion in developer billings and sales in 2022, building on developers’ track record of strong, resilient growth, an independent study by economists from Analysis Group found. The App Store continues to create incredible opportunity for developers around the world, with more than 90 percent of the billings and sales accruing solely to developers and businesses of all sizes — without any commission paid to Apple. Additionally, new analysis from the Progressive Policy Institute found the iOS app economy now supports more than 4.8 million jobs across the U.S. and Europe, with approximately 2.4 million in each region.

Fraught negotiations in Washington have yielded a deal on raising the U.S.'s borrowing capacity without sending the stock market into a tailspin, as some on Wall Street had feared they might but there are more risks ahead.

Good Morning Traders! In today's Market Clubhouse Morning Memo, our focus is on SPY, GOOGL, NVDA, TSLA, MSFT, and META. Our ...

A lawyer who used generative artificial intelligence to write a legal briefing was forced to apologize. It’s just the tip of the AI iceberg.

The surge of artificial intelligence (AI) is sparking a transformative shift in the relative valuations of prominent U.S. stock averages ...

A quality approach to stock selection can help you diversify from tech giants that dominate the S&P 500, while making it easier to sail through market storms.

The tech giant is riding several secular tailwinds in areas such as gaming, cloud computing, and artificial intelligence.

Apple Inc(NASDAQ: AAPL) prepares for the debut of itslive-shoppingevent on China’s Tmall marketplace this ...

DespiteNvidia Corp's(NASDAQ: NVDA) AI moat, companies developing their AI models are migratingtowards custom ...

Apple, Inc. (NASDAQ:AAPL) is set to kick-start its annual Worldwide Developers Conference on June 5. Wedbush analyst Dan Ives ...

Nvidia has made a boisterous entry to the $1 trillion club, but it might not remain there for long.

Benzinga Advance Auto Parts Stock Gets Hammered After Q1 Earnings: Here’s Why Advance Auto Parts ...

Following this Warren Buffett trade would have been a costly move.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The best Nasdaq stocks for long-term investors all benefit from the rapid growth of AI and the changes it promises to bring. The post 3 Nasdaq Stocks to Buy and Hold for the Long Haul appeared first on InvestorPlace. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today Wall Street Titan: Here’s My #1 Stock for 2023 It doesn’t matter if you have $500 or $5 million. Do this now.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips These are the innovative growth stocks for future profits and these stocks are poised for multibagger returns. The post 3 Innovative Growth Stocks to Buy for Next-Gen Profits appeared first on InvestorPlace. More From InvestorPlace Buy This $5 Stock BEFORE This Apple Project Goes Live The Best $1 Investment You Can Make Today Wall Street Titan: Here’s My #1 Stock for 2023 It doesn’t matter if you have $500 or $5 million. Do this now.

Credit Suisse boosted the price target for Microsoft Corp (NASDAQ: MSFT) from $350 to $420. Credit Suisse analyst Sami Badri ...

The euro fell rather hard during the course of the trading session on Wednesday, as we are testing the 200-Day EMA.

Global tech layoffs have gone up almost eightfold since mid-January, according to the website Layoffs.fyi.

A new captivating documentary explores the intriguing fate ofApple Inc‘s (NASDAQ:AAPL) Lisa computers, shedding light on the ...

This story was first published on the Benzinga India portal. The head of India's IT regulator has said that government would ...

Dell Technologies is set to report its first-quarter fiscal 2024 results on June 1.

AI may contribute as much as $15.7 trillion to the global economy within seven years. With so much money up for grabs, here are the likely winners.

The latest leak aboutApple Inc.’s(NASDAQ:AAPL) highly-anticipated AR/VR headsetuncovered some screen ...

Sterling hit a 5-1/2 month high against the euro on Wednesday after data showing lower inflation in major European markets, but fell against the dollar as investors eyed Bank of England rate expectations for the pound's direction. The euro dropped to as low as 86.27 pence, its weakest since Dec. 15, and was last trading down 0.2% at 86.32 pence after inflation data from France and several major German states came in under expectations. More broadly, investors were looking at expectations for the Bank of England's main interest rate for indications about where the pound trades from here.

Can Nvidia meet analysts' expectations for the upcoming years?

Palantir Technologies, Inc. (NYSE:PLTR) shares have soared 90% since the start of May. The data intelligence software provider's fairly ...

Share repurchase programs are very popular with investors -- especially one of the world's best.

After brutal trading last year, both stocks are rallying. But which leading chip company is the better investment?

Home prices in the euro zone may be headed for a "disorderly" decline as high mortgage rates make purchases unaffordable for households and unattractive for investors, the European Central Bank (ECB) said on Wednesday. It was one of several risks flagged in the ECB's Financial Stability Review (FSR, along with higher borrowing costs and slower growth hurting companies and households and, in turn, casting a shadow on traditional lenders and shadow banks. The ECB has been raising interest rates from record lows since July in a bid to fight inflation, and looks set to continue doing so in coming months.

The euro initially plunged below a major trend line in the 200-Day EMA, only to turn around and show signs of life.

Optimism over a US-debt deal agreement weighed on gold prices as investors once again gravitate towards riskier assets.

The central bank has examined the use of distributed ledger technology and smart contracts for its potential new digital currency.

Euro zone bond yields fell on Tuesday after Spanish inflation data came in lower than expected, raising hopes that the European Central Bank may raise interest rates less than previously feared. It followed a drop in yields on Monday after Democrats and Republicans reached a deal on the U.S. debt ceiling on Friday. Germany's 10-year yield, the benchmark for the euro zone, was down 4 basis points (bps) at 2.389% on Tuesday after falling 11 bps on Monday.

The euro initially tried to rally during the trading session on Monday, but as it was Memorial Day in the United States it’s not a huge surprise that the market did very little.

The euro has plunged during the trading week, as we are now testing a major uptrend line.

The euro initially tried to rally during the day on Friday but gave back gains rather quickly.

The euro has fallen a bit during the trading session again on Thursday, as it looks like we are heading toward the 200-Day EMA.

The U.S. dollar gained in Europe Thursday, climbing to a two-month high on rising fears of a U.S. default as Fitch threatens a rating downgrade. At 02:55 ET (06:55 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, rose 0.2% to 103.955, just below the 104.05 overnight peak, the highest level since mid-March. The dollar’s safe haven status has meant that it has benefited from the lack of progress in the talks to lift the U.S. government's $31.4 trillion debt ceiling, with the early-June deadline that Treasury Secretary Janet Yellen said is when it’s “highly likely” that her department will run out of money drawing nearer.

The euro has gone back and forth during the trading session on Wednesday, as we continue to determine whether or not we can go lower, or if we are going to turn things around.

Investing.com -- After an April that yielded a yearly high of 1.1095, the EUR/USD has so far had a rough month of May, with the currency pair dropping to a low of 1.0760 on Tuesday and remaining under pressure on Wednesday, a weakness that analysts at Goldman Sachs attempted to explain in a note published last night.

A digital euro could be launched in three or four years but banknotes will be available as long as there is demand for them, Fabio Panetta, a member of the European Central Bank's Executive Board, told Les Echos. To make the digital euro interoperable with other central bank digital currencies, the ECB was working closely with the central banks of the U.S., Britain, Switzerland, Canada, Japan and Sweden.

While talks between both political parties continue over the lifting of the U.S. government's $31.4 trillion debt ceiling, any progress seems to be hard won and there are few signs of a deal being reached anytime soon. There’s now just over a week before the early-June deadline that U.S. Treasury Secretary Janet Yellen said is when it’s “highly likely” that her department will run out of sufficient cash to function as normal.

The euro fell a bit during the trading session on Tuesday, but then turned around to bounce a bit and show signs of life.