Yearly Archives: 2024

EURCHF Surpasses Key Resistance Level, Eyes Further Gains – Market Outlook for 30th December 2024

The EURCHF currency pair has been buoyed by positive momentum, recently breaking through the 0.9380 mark. This rally comes amid heightened pressure from stochastic...

Central Banks and Sovereign Funds Increase Crypto Reserves

The rapid rise in the valuation of digital currencies has caught the attention of sovereign investors and central banks, prompting a significant shift in...

South Korean Won-Dollar Exchange Rate Surpasses 1480, Financial Supervisory Service Offers Full Support for Exporters

The South Korean won has continued its downward trend, surpassing the 1480 mark against the U.S. dollar, prompting the Financial Supervisory Service (FSS) to...

Gold Price Holds Losses Amid Safe-Haven Demand and Market Caution

Gold prices have continued to experience downward pressure despite a rise in safe-haven demand, as traders await key signals regarding the U.S. economy and...

Oil Prices Rise on China Stimulus Measures and US Stockpile Decline

Oil prices surged on Thursday, driven by expectations that China’s new stimulus measures could boost demand, alongside a report showing a continued decline in...

Japan Airlines Hit by Cyberattack, Shares Drop

Japan Airlines Co. (TYO:9201) revealed on Thursday that it was the target of a cyberattack, which caused significant disruptions to both domestic and international...

Taiwan Stock Market Closes Higher, Taiwan Weighted Index Up 0.43%

Taiwan's stock market ended Thursday's session on a positive note, with the Taiwan Weighted Index rising by 0.43%. The uptick was primarily driven by...

Ethereum Price (ETHUSD) Faces Negative Pressure – Market Outlook for December 27, 2024

Ethereum's price (ETHUSD) remains under negative pressure, settling below the $3425.50 level, and is currently facing resistance from the EMA50. This suggests that further...

Platinum Price Loses Momentum – Market Outlook for December 27, 2024

Platinum prices have lost the positive momentum seen earlier, causing the metal to fluctuate below the $950.00 barrier and move sideways around the $935.00...

CADCHF Remains Bearish – Market Outlook for December 27, 2024

The CADCHF currency pair remains on a bearish trajectory despite some positive movement earlier today, with fluctuations around the 0.6250 mark. This brief uptick...

Oil Prices Edge Higher on China Stimulus and U.S. Stockpile Decline

Oil prices inched up on Thursday during thin holiday trading, supported by expectations of additional fiscal stimulus in China and a projected decline in...

Asian Stocks Hold Steady Amid Thin Trading; Japan Shares Surge on Record Budget Plans

Asian stock markets showed limited movement on Thursday as trading volumes remained low due to holidays in several major markets. However, Japanese stocks surged...

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