Share: MULN stock loses another 8% on Tuesday, down 39% over past month. Mullen Automotive filed response with the Customs & Border Protection agency. Mullen ONE appears to be in the running for a federal contract alongside Rapid Response Defense Systems. Shareholders look ahead to vote on reverse split on December 15. Mullen
© Reuters. FILE PHOTO: A bank employee counts U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. REUTERS/Athit Perawongmetha By Gertrude Chavez-Dreyfuss and Samuel Indyk NEW YORK/LONDON (Reuters) -The U.S. dollar slid against most major currencies on Monday, with a measure tracking the greenback’s value on track for its biggest monthly drop
© Reuters. The currency pair took a sharp dive today, reaching a level of 1.2456, which represents about a 0.63% decrease. This movement is largely attributed to recent U.S. economic data suggesting that inflationary pressures remain and the economy may be deliberately slowing down as part of the Federal Reserve’s broader strategy. The University of
USD/CAD PRICE, CHARTS AND ANALYSIS: Read More: The Bank of Canada: A Trader’s Guide USDCAD has been stuck in a range since the beginning of November with the recent drop in Oil Prices coinciding with US Dollar weakness keeping the pair rangebound. Many had hope Canadian inflation may bring the recent malaise in USDCAD to
© Reuters. Investing.com – The U.S. dollar fell to a more than two-month low in early European trade Monday, adding to last week’s sharp losses on increased expectations that the Federal Reserve has completed its rate-hiking cycle. At 03:20 ET (07:20 GMT), the Dollar Index, which tracks the greenback against a basket of six other
© Reuters. FILE PHOTO: A representation of cryptocurrency bitcoin is seen in front of a stock graph and U.S. dollar in this illustration taken, January 24, 2022. REUTERS/Dado Ruvic/File Photo (Reuters) – dropped 4.94% to $36,007 at 2117 GMT on Thursday, losing $1,870 from its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is
Share: AUD/USD refreshes weekly low near 0.6560 as the broader market mood is risk-off. Fed Powell considered current monetary policy as inadequate to bring down inflation to 2%. The RBA MPS report indicated that further tightening would be largely dependent on incoming data. The AUD/USD pair continues its losing streak for the fifth
US equities are off the highs but still comfortably into positive territory on the day. The S&P 500 is up 0.7% and the Nasdaq up 0.9%. It’s set to be the fifth straight day of gains and comes despite a disappointing earnings report from Apple. Nasdaq Composite The driver in equities and broader markets is
The NASDAQ index is up 127 points or 1.0% at 12721.65, but this week saw a sharp move lower that took the price below its 200 day moving average for the 1st time since March 2023. The price also fell below the 38.2% retracement of the move up from the 2022 low to the 2023
Weekly Russell 2000 If you needed another reminder that it’s been just tech — and mostly seven stocks — that have been carrying US equity markets, then here it is. The Russell 2000 just broke through the June 2022 low and is trading at the lowest levels since November 2020. If you go back further,
