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EURJPY Delays Decline – Forecast for January 22, 2025
The EURJPY currency pair has recently postponed its anticipated decline, closing positively above the 160.20 support level. The pair has shown resilience, benefiting from...
Nintendo Shares Drop After Switch 2 Reveal Fails to Impress Investors
Shares of Nintendo Co. Ltd. (TYO:7974) plummeted nearly 7% on Friday following the much-anticipated reveal of its next-generation console, the Switch 2. The stock...
Oil Prices Rise on Supply Fears, Rate Cut Speculations
Oil prices climbed on Friday, heading for a fourth consecutive weekly gain, fueled by growing concerns over tighter supply following U.S. sanctions on Russian...
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Oil Prices Rise on Positive Chinese Economic Data, Easing Middle East Tensions Limit Gains
Oil prices saw modest gains in early trading on Friday, supported by stronger-than-expected Chinese economic data, but...
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UBS Predicts Dollar Strength to Persist, Forecasts EUR/USD Below Parity by Year-End
UBS analysts predict that the U.S. dollar will maintain its strength through the end of the year,...
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NZD/USD Price Forecast Update: January 14, 2025
The NZD/USD pair has recently made further positive movements, approaching the resistance line of its bearish channel....
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Dollar Rally Intensifies Amid Diverging US Rate Outlook
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The surge in the U.S. dollar is gaining momentum, fueled by persistent inflation concerns casting doubt on the Federal Reserve's ability to aggressively cut...
Dollar Strengthens, Yen Weakens Amid Diminished Expectations of US Rate Cuts
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The dollar maintained its strength on Monday, bolstered by escalating tensions in the Middle East and the likelihood of sustained high U.S. interest rates. Last...
XRP, Ethereum, and Bitcoin: Analyzing Recent Price Movements
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XRP's Drastic Drop: XRP experienced a significant price plunge, dropping by 20% in just two days. This level of volatility is unusual for XRP, highlighting...
Bitcoin Price Recovers to $65k Amid Iran-Israel Tensions
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Bitcoin's price rebounded on Monday, recuperating from significant losses over the weekend triggered by heightened geopolitical tensions following an Iranian strike against Israel. The...
Asia Stocks Slip and Gold Prices Rise Amid Middle East Tensions
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On Monday, Asian shares experienced a decline, while gold prices surged, as escalating tensions in the Middle East, triggered by Iran's retaliatory attack on...
Australia’s S&P/ASX 200 Index Experiences a Decline of 0.46% as IT, Gold, and Telecom Sectors Falter
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Australia's stock market witnessed a downturn at the close of trading on Monday, marked by losses in the IT, Gold, and Telecom sectors, which...
Japan’s Nikkei 225 Index Dips by 0.90% as Paper & Pulp, Retail, and Chemical Sectors Decline
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The trading day in Japan concluded on a downward trend, with losses in the Paper & Pulp, Retail, and Chemical, Petroleum & Plastic sectors...
BOJ Governor Asserts No Immediate Response to Weakening Yen Through Rate Hike
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Bank of Japan Governor Kazuo Ueda dismissed market speculation suggesting that the recent decline in the yen might prompt the central bank to implement...
Asia Forex Market Maintains Stability Amid Dollar’s Standstill Amid US Inflation Concerns
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In the midst of anticipation surrounding crucial U.S. inflation data and its potential ramifications on interest rates, most Asian currencies displayed minimal movement on...
Gold prices surged to near-record highs in Asian trading
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Gold prices surged to near-record highs in Asian trading on Wednesday, bolstered by heightened safe-haven demand ahead of crucial U.S. inflation figures and further...
Bitcoin Price Falls to $69k as CPI Jitters Weigh
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On Wednesday, Bitcoin experienced a retreat as traders awaited key U.S. inflation data, leading to a cautious stance towards highly speculative, risk-heavy assets. Market sentiment...
China Stocks Decline on Real Estate Pressures; Hong Kong Shares Rally
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On Wednesday, China stocks experienced a downturn, primarily influenced by real estate shares, while Hong Kong shares surged, driven by tech stocks. The rating...