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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...

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...

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,...

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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Moody’s revises baseline assumptions for Fed’s monetary policy

On June 25, Moody's believed that compared with the last time, the rating agency's baseline assumptions for the Federal Reserve's monetary policy have changed...

ECB Vice President Guindos: ECB enters final phase of rate hike

On June 25, Guindos, the vice president of the European Central Bank, said in an interview with the Spanish Abezai newspaper that the European...

SWIFT: Renminbi remains the world’s fifth most active currency in May

According to data released by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) on June 25, in May 2023, in the global payment currency...

UK inflation data tops forecasts for fourth straight month

On June 21, the National Bureau of Statistics of the United Kingdom announced on Wednesday that the CPI in May rose by 8.7% over...

Fed considers hiring behavioral scientists to boost banking oversight

On June 21, according to foreign media reports, the Federal Reserve is evaluating whether to hire unconventional employees to help improve banking supervision. Barr, the...

UK inflation hits the charts as traders bet rates will rise to highest level since early 2000s

On June 21, traders ramped up bets on further rate hikes from the Bank of England, pricing in the benchmark rate to levels not...

Unemployment needs to rise to 4.5% to bring inflation back to target

On June 20, Reserve Bank of Australia Vice Chairman Bullock said that for inflation to return to target, Australia's unemployment rate needs to climb...

Poll: Bank Indonesia likely to continue pause in June rate hikes

On June 20, eight economists surveyed by The Wall Street Journal believed that Bank Indonesia may continue to keep the benchmark 7-day reverse repurchase...

Agency: Fed’s hawkish comments will make the dollar and fear index jump

On June 20, the Fed's hawkish remarks this week may suppress risk sentiment, stimulate safe-haven demand for the US dollar, and boost the panic...

Rosneft: Russian oil exports are losing out to some other OPEC+ countries

On June 19, Sechin, president of Russian oil company Rosneft, said that Russia is losing out to other OPEC+ countries due to the smaller...

Investors: The European Central Bank faces the risk of excessive tightening

On June 19, Martin Wahlberg, a senior economist at Italian investment firm Generali Investments, said in a report that the ECB still believes that...

Barclays ramps up funding for Asian hedge funds, investors

On June 19, Barclays (BCS.N ) stepped up its presence in Asia financing deals for investors as part of a global plan to expand...

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