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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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Funds Utilizing Option Selling Tactics Help Dampen Swings in US Stocks
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The recent volatility witnessed in U.S. stocks may be tempered by the presence of popular funds employing options selling strategies, extending their influence in...
Australian Stocks Close Higher; S&P/ASX 200 Rises by 0.31%
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Australian stocks concluded Wednesday's trading session on a positive note, buoyed by gains in the A-REITs, Healthcare, and Materials sectors. At the close in Sydney,...
Japanese Stocks Close Lower; Nikkei 225 Drops by 0.49%
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Japanese stocks experienced a downturn at the close of Wednesday's trading session, with losses predominantly observed in the Paper & Pulp, Pharmaceutical Industry, and...
Forecast for USDCHF Price on April 9, 2024
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The recent trading activity of the USDCHF pair has been observed to be confined within a minor bearish channel, potentially forming a bullish flag...
ICBC intends to undertake a substantial issuance of total loss-absorbing capacity bonds
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Industrial and Commercial Bank of China (ICBC) intends to undertake a substantial issuance of total loss-absorbing capacity (TLAC) bonds, aiming for approximately 40 billion...
European Stocks Retreat Ahead of ECB Decision; BP Leads Gains
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European stocks began the trading session on a downward trajectory on Tuesday, as investors adopted a cautious stance prior to key events scheduled later...
Yen Under Pressure as US Treasury Yields Rise
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On Tuesday, the dollar exhibited tentative movements, failing to gain significant momentum from an increase in U.S. Treasury yields. However, this upward pressure on...
Asia FX Remains Subdued Ahead of US Inflation Data; USDJPY Nears 152
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Most Asian currencies showed limited movement on Tuesday, while the dollar stabilized as investors awaited key U.S. inflation data scheduled for later this week....
Gold Prices Edge Up, Eyeing Record Highs Amid Inflation and Fed Signals
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Gold prices inched higher in Asian trading on Tuesday, staying within reach of record highs as demand for the precious metal remained robust amidst...
Crypto Survey Indicates Decreased Consumer Skepticism, Yet a Third Foresee Bitcoin Price Decline
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According to a Deutsche Bank survey released on Monday, consumers are showing slightly less skepticism towards bitcoin, although nearly a third of respondents still...
Bitcoin Price Hovers Around $71k Amid Focus on Halving and CPI Data
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The price of Bitcoin experienced a rise on Tuesday, lingering below recent record highs as traders awaited further insights into the upcoming halving event...
Gold Hits Record Highs Above $2,350 Despite Waning Rate Cut Expectations
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Gold prices soared to unprecedented levels during Asian trading on Monday, defying the diminishing expectations of U.S. interest rate cuts as demand for the...