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Asia Stocks Gain as South Korea’s KOSPI Rebounds Sharply
Asian stocks were broadly higher on Friday, driven by strong gains in South Korean equities and a rebound in Chinese stocks. The KOSPI index...
EURJPY Resumes Decline – Forecast for January 3, 2025
The EURJPY currency pair has successfully breached the support line of a minor bullish channel at 162.20, triggering a negative move that has seen...
Gold Prices Steady Amid Thin Year-End Trading; Strong Dollar Puts Pressure on Bullion
Gold prices were largely unchanged in Asian trading on Friday, marking a period of subdued market activity typical for the year-end. The precious metal...
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Rupee Hits Fresh All-Time Low of 85.80: Why Is the Indian Currency Falling Against the Dollar?
The Indian rupee has hit a fresh all-time low of 85.80 per US dollar on Friday, marking...
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“Bitcoin as Future Currency” – US Space Company Buys $21 Million Worth
KULR Technology Group, a space technology company listed on the New York Stock Exchange (NYSE), has made...
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Brazilian Stocks Close Higher, Bovespa Rises 0.01%
Brazilian stocks finished higher on Monday, with gains in the Electric Power, Basic Materials, and Telecom sectors...
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EUR/USD Price Forecast Update – October 16, 2024
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The EUR/USD currency pair is currently attempting to break the $1.0880 level, reinforcing expectations for the continuation of the prevailing bearish trend throughout the...
GBP/USD Forecast Update – October 16, 2024
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The GBP/USD currency pair is currently experiencing significant downward pressure, successfully reaching our initial target of $1.3000. The price is now attempting to break...
Can the Stock Market Keep Going Up? Market Watchers Think So
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Stocks have experienced a notable rally since the Federal Reserve lowered interest rates a month ago, leading investors to speculate that this could signal...
AMD and Intel Join Forces Amid Slumping Semiconductor Stocks Following ASML Outlook
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BELLEVUE, Washington — In a strategic move to bolster their positions in the semiconductor market, American chipmakers AMD and Intel announced a partnership on...
Asian Chip Stocks Decline Following ASML’s Weak Sales Forecast; TSMC Earnings on the Horizon
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Asian chipmaking stocks experienced a downturn on Wednesday, following a lackluster sales forecast for 2025 from industry leader ASML. Market attention is now shifting...
European Stocks Decline Amid Weak Earnings; Pound Weakens on Inflation Data: Markets Wrap
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European equities declined on Wednesday as disappointing earnings from the luxury sector fueled concerns about the profit outlook for the semiconductor industry. The British...
Soybean Prices Continue Downward Trend: Forecast for October 15, 2024
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Soybean prices are experiencing further declines, having reached the extended target of $1,004.00. Market analysts anticipate additional downward movement in the coming sessions, with...
GBPJPY Struggles to Confirm Breakout: Forecast for October 15, 2024
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The GBPJPY currency pair concluded yesterday’s trading below the 195.60 resistance level, resulting in new sideways fluctuations as it approaches the support line of...
EURJPY Shows Positive Momentum: Forecast for October 15, 2024
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The EURJPY currency pair is demonstrating signs of positivity, maintaining stability in recent sideways trading around the 163.00 level. The consistent support above the...
EURNZD Remains Bearish: Forecast for October 15, 2024
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The EURNZD currency pair continues to exhibit a bearish trend, consistently closing below the 1.8100 resistance level. The 1.7985 level has emerged as an...
Nvidia and Other Chip Stocks Surge Amid Sustained AI Spending Momentum
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Nvidia's shares closed at a record high on Monday, buoyed by a continued surge in AI hardware stocks driven by robust investor enthusiasm over...
Asian Semiconductor Stocks Surge Following Nvidia’s Record High
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Asian semiconductor stocks experienced a notable rise on Tuesday after Nvidia's shares closed at a record high overnight, propelled by the company's ongoing success...