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USD/CAD Soars: US-Iran Conflict Sparks Fierce Safe-Haven Rush and Oil Price Surge
bitcoinworld38d ago

USD/CAD Soars: US-Iran Conflict Sparks Fierce Safe-Haven Rush and Oil Price Surge

BitcoinWorldUSD/CAD Soars: US-Iran Conflict Sparks Fierce Safe-Haven Rush and Oil Price SurgeGlobal financial markets are reeling as the USD/CAD currency pair experiences a sharp and sustained climb. This significant movement follows the escalation of military conflict between the United States and Iran, which has triggered a powerful dual-market dynamic. Consequently, investors are flocking to the US dollar as a traditional safe-haven asset. Simultaneously, crude oil prices [...]This post USD/CAD Soars: US-Iran Conflict Sparks Fierce Safe-Haven Rush and Oil Price Surge first appeared on BitcoinWorld.

#FOREX
Ford Everest and Mustang Rank No. 1 in respective segments in 2025 Campi sales report
manilatimes38d ago

Ford Everest and Mustang Rank No. 1 in respective segments in 2025 Campi sales report

FORD Philippines is celebrating a double win based on the 2025 Chamber of Automotive Manufacturers of the Philippines Inc. (Campi) sales report, with the Ford Everest and Mustang each claiming the top spot in their respective segments.The announcement was made during a recent media lunch hosted by Ford Philippines for its first Ford Island Conquest event of the year, where Managing Director Pedro Simoes confirmed the milestone.“We are deeply honored by the trust our customers have placed in us, catapulting both the Ford Everest and the Ford Mustang to the top of their respective segments,” said Simoes. “Whether it’s conquering rugged terrain in an Everest or experiencing the performance of a Mustang, our customers are at the center of everything we do.”According to Campi 2025 sales data, the Everest Titanium+ 4x4 emerged as the best-selling model in the 4x4 midsize SUV segment, capturing roughly 40 percent of the category. It is a notable result in one of the most competitive spaces in the Philippine vehicle market, where buyers weigh off-road capability, cabin comfort, safety technology, and everyday usability.The Everest Titanium+ 4x4’s terrain management system remains one of its key selling points, offering six selectable drive modes — Normal, Eco, Tow/Haul, Slippery, Mud/Ruts, and Sand — to help drivers adapt to varying road conditions. The SUV also features an electronic shifter and drive-mode selector designed to streamline transitions between driving setups.Safety and driver-assist technologies continue to be major considerations for buyers in the segment. The Everest lineup carries seven airbags as standard, while higher variants offer features such as adaptive cruise control with stop-and-go and lane centering, lane keeping with road edge detection, forward collision warning, evasive steer assist, and reverse brake assist.On the other end of the spectrum, the Mustang led the sports car segment in 2025, registering a 32-percent market share based on Campi data. The result highlights sustained demand for halo performance models, even within a niche segment.Locally introduced in 2024, the seventh-generation Mustang is available in two variants: the 5.0L GT Premium Fastback and the 2.3L EcoBoost Premium Fastback. Both variants are now equipped with MagneRide adaptive damping, broadening access to the suspension technology previously exclusive to the V8 model.The GT Premium Fastback pairs a 5.0-liter Ti-VCT V8 with a 10-speed SelectShift automatic transmission, producing 493 PS and 567 Newton-meters (Nm) of torque. Meanwhile, the EcoBoost Premium Fastback uses a 2.3-liter EcoBoost engine with the same 10-speed automatic, delivering 319 PS and 475 Nm of torque.Additional highlights include Brembo brakes, an active-valve quad-tip exhaust system with adjustable sound settings, and 19-inch wheels with variant-specific designs. Inside, the Mustang can be specified with Recaro leather-trimmed sport seats, reinforcing its performance-focused character.Beyond the Everest and Mustang, Ford Philippines’ broader lineup — including the Territory, Ranger, and Bronco — helped drive total 2025 sales to 21,784 units, securing the brand’s fourth-place ranking overall in the industry.Ford Philippines is set to introduce updated variants of the Everest and Ranger in June at the Campi-organized Philippine International Motor Show (PIMS), further building on the momentum reflected in this year’s sales performance.

#TECH
Zalando expands pre-owned category in 14 markets
platodata38d ago

Zalando expands pre-owned category in 14 markets

German online fashion platform Zalando has expanded its Pre-owned category. It now includes children’s fashion. It is already available in 14 European markets: Austria, Belgium, the Czech Republic, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Poland, Spain and Sweden. Zalando is a well-known European online marketplace. It is based in Germany, but it [...]

#TECH
Why is silver price crashing 7% today while gold price surges $100 — how the US–Iran war and Middle East tensions are influencing gold price and silver price differently?
economictimes_indiatimes38d ago

Why is silver price crashing 7% today while gold price surges $100 — how the US–Iran war and Middle East tensions are influencing gold price and silver price differently?

Silver price crashing 7% today shocked markets. At the same time, gold price surged nearly $100 in hours. This sharp divergence is happening amid the US–Iran war and rising Middle East tensions. Investors are asking why silver price is falling while gold price is rising. The answer is simple but powerful. Gold acts as a safe-haven asset during geopolitical conflict. Silver depends heavily on industrial demand. Nearly 55% of silver demand comes from manufacturing, solar panels, and electronics. War fears hurt growth outlook. A stronger US dollar also pressures silver prices. Gold benefits from fear-driven buying. Silver reacts to economic slowdown risks. Markets are choosing safety over growth right now.

#ECONOMY
The best sales to shop this week: Apple, Ello, Soundcore and more
cnn38d ago

The best sales to shop this week: Apple, Ello, Soundcore and more

The latest pair of Apple’s standard earbuds have returned to the best price we’ve tracked. This pair includes active noise cancellation (ANC) features that allow you to block out distracting ambient audio when it’s time to focus on work or just fully enjoy every note of your music. Even better? These earbuds offer many of the same features as the AirPods Pro for far less, with the main consolidation being a lack of silicone ear tips and heart rate tracking.

#TECH
GBP/USD Plummets Toward 1.3400 as Middle East Turmoil Fuels Fierce US Dollar Rally
bitcoinworld38d ago

GBP/USD Plummets Toward 1.3400 as Middle East Turmoil Fuels Fierce US Dollar Rally

BitcoinWorldGBP/USD Plummets Toward 1.3400 as Middle East Turmoil Fuels Fierce US Dollar RallyLONDON, April 2025 – The GBP/USD currency pair is experiencing a pronounced sell-off, sliding decisively toward the critical 1.3400 support level. This sharp decline primarily stems from escalating geopolitical tensions in the Middle East, which are triggering a powerful flight to safety among global investors. Consequently, capital is flowing rapidly into the US Dollar, pressuring [...]This post GBP/USD Plummets Toward 1.3400 as Middle East Turmoil Fuels Fierce US Dollar Rally first appeared on BitcoinWorld.

#ECONOMY#FOREX