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Ethereum Price Forecast (ETH/USD) Update – December 20, 2024
Ethereum (ETH) has resumed its downward trend, with the price approaching the key target of $3,222. Analysts anticipate that this level will be breached,...
Ethereum Price Forecast Update – December 19, 2024
Ethereum (ETHUSD) is currently testing the $3,680 level, maintaining stability below this threshold, which supports the continuation of the bearish trend. As of now,...
Gold Price Breaks Minor Support – Forecast for Today (18-12-2024)
Gold prices have broken the intraday bullish trend line and settled below it, reinforcing expectations for the continuation of the bearish trend on an...
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EURJPY Hits Correctional Target – Forecast for Today (18-12-2024)
The EURJPY pair has experienced a clear negative move after touching the 162.40 resistance level, successfully surpassing...
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CHFJPY Continues to Test Key Resistance Level – Forecast for December 17, 2024
The CHFJPY currency pair has maintained its upward momentum, benefiting from positive signals from the stochastic oscillator....
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Gold Prices Hold Steady Ahead of Key Central Bank Meetings
Gold prices saw little movement in Asian trading on Tuesday, with investors adopting a cautious stance ahead...
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Fed vows unconditional inflation war with ‘whatever it takes’
The Federal Reserve, fresh from its biggest interest rate hike in more than a quarter of a century, signaled on Friday that the rising...
U.S. economy has 40% chance of being in recession next year, Bank of America says
BofA Securities economists see roughly a 40% chance of a U.S. recession next year, with inflation remaining persistently high. They expect U.S. Gross Domestic Product...
Asia shares turn lower, no dodging recession risks
Asian shares were unable to sustain a rare rally on Monday as Wall Street futures shed early gains amid worries the U.S. Federal Reserve...
Oil wobbles as global economic worries offset tightening supply
Oil prices edged down on Monday, reversing earlier gains, as concerns about slowing global economic growth and fuel demand offset worries about tightening supplies. Brent...
Yen fragile near 24-year low in BOJ aftermath, dollar treads water
The Japanese yen remained under pressure on Monday, weakening toward a 24-year low after the Bank of Japan on Friday bucked the trend in...
China’s May oil imports from Russia soar 55% to a record, surpass Saudi supply
China's crude oil imports from Russia soared 55% from a year earlier to a record level in May, displacing Saudi Arabia as the top...
China keeps lending benchmarks unchanged, wary of policy divergence risks
China stood pat on its benchmark lending rates for corporate and household loans, as expected, on Monday, with global central banks' rate increases making...
IMF delegation visits crisis-hit Sri Lanka with time running out
An International Monetary Fund (IMF) team arrives in Sri Lanka on Monday for talks on a bailout programme, but time is short for a...
UK property prices rise by least since January – Rightmove
Asking prices for British homes being put up for sale rose by the smallest amount since January this month, as the rising cost of...
Britain introduces plans to better regulate ‘buy now, pay later’ firms
Britain plans to make "buy now pay later" (BNPL) firms carry out affordability checks, gain approval by the Financial Conduct Authority (FCA) and ensure...
What about Russian gas cuts?Germany makes urgent new law: Burn coal!
Germany, Europe's economic powerhouse, has opted to burn coal to avoid the nightmare of winter supply disruptions as Russian gas supplies fall. Germany is working...
Yellen: US inflation ‘unacceptably high’ but recession not inevitable
With the Federal Reserve taking aggressive action to combat stubbornly high inflation, talk of a recession is mounting and U.S. officials have come out...