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Market Overview: AUD/USD and NZD/USD Turn Higher – Will the…

AUD/USD has resumed its upward move, breaking above the 0.7175 and 0.7200 levels, while NZD/USD is also gaining strength and could target further upside beyond 0.5950. Key Highlights for Today’s AUD/USD and NZD/USD Analysis The Australian dollar has moved higher, clearing the 0.7150 level against the US dollar. A descending trend line around 0.7190 has

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Business

Zcash Price Prediction: ZEC Hits $600 as Multicoin Capital…

Zcash price and broader privacy-focused cryptocurrency market surged on May 6, 2026. The cryptocurrency market witnessed explosive momentum on Wednesday, May 6, 2026, as Zcash (ZEC) spearheaded a massive rally, surging more than 40% to hit a peak of $600. This move briefly propelled the asset’s total market capitalization to $10 billion, allowing Zcash to

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Dow jumps 600 points as US-Iran deal hopes, AI rally lift stocks

Wall Street rallied strongly on Wednesday, with the Dow Jones Industrial Average surging more than 600 points as optimism over a potential US-Iran agreement combined with robust earnings and continued enthusiasm for artificial intelligence-driven growth. The Dow rose 612 points, or 1.24%, while the S&P 500 climbed 1.46% to a record close of 7,365.09. The

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Bitcoin Smashes $80K Wall — Bulls Eye $85K Next, 6 May, 2026

Bitcoin cryptocurrency be expected to rise to the next resistance level 85000.00 (former strong support from November and December). Bitcoin broke the round resistance level 80000.00 Likely to rise to resistance level 85000.00 Bitcoin cryptocurrency rising strongly after breaking the resistance area between the round resistance level 80000.00 (which reversed the price multiple times at

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US-Iran Peace Hopes and Eurozone Stagflation

A looming US-Iran peace deal triggers risk-on sentiment, while US labor strength and Eurozone stagflation favor a resilient US Dollar. The “Peace Pivot”: Geopolitical Risk and the US-Iran Accord The dominant narrative in the global markets is a dramatic shift toward a “risk-on” environment, fueled by emerging reports that the United States and Iran are

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Arm Q1 earnings silence valuation concerns

Arm Holdings Inc (ARM) is pushing higher in extended hours after reporting a market-beating Q4 and offering upbeat guidance for its current financial quarter. In Q4, the chip designer earned 60 cents on a per-share basis (EPS) on $1.49 billion in revenue – both handily above 58 cents and $1.47 billion that the Street had

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Nikkei 225 crosses 62,000 as Asian markets rally on relief hopes

Asian markets opened Thursday with a powerful relief bid, as investors leaned into hopes that tensions in the Middle East may ease enough to keep the Strait of Hormuz open. Japan set the tone, with the Nikkei 225 vaulting through 62,000 for the first time, while broader regional equities also pushed higher. But the mood

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SoftBank stock skyrockets 16%: is its $64B OpenAI gamble paying off?

Japanese markets reopened after the Golden Week holidays to a powerful AI-driven rally on Thursday, with SoftBank stock soaring as investors rushed to catch up with gains already seen across global technology stocks. Shares in the Japanese investment group jumped 16.4% on Thursday, according to market commentary, after a long holiday stretch in which US

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Here’s why the Nikkei 225 Index is in a bull run and why it may hit ¥69k soon

Japanese stocks went parabolic on Thursday, helped by the soaring Softbank stock price and the rising possibility of a deal between the United States and Iran. The Nikkei 225 Index jumped to ¥62,836, bringing the year-to-date gains to 16.67%. Why Japan stocks are pumping today  The Nikkei 225 Index and Topix are in a strong

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Why gold prices are rising despite easing Middle East fears?

Gold advanced for a third consecutive session on Thursday, propelled by a softer dollar and growing, if still fragile, optimism that Washington and Tehran may be edging towards a diplomatic settlement. Spot gold was up 0.3% at $4,701.19 per ounce — its strongest print since 27 April — while the June futures contract gained 0.4%

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