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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, driven by higher interest rates from the...

Gold Prices Edge Higher Amid U.S. Labor Market Data, Dollar Strength Limits Gains

Gold prices edged up in early Asian trade on Friday, positioning themselves for a modest weekly gain as ongoing uncertainty over U.S. interest rates...

Next Wave of U.S. Crypto ETFs Set to Launch After Blockbuster 2024 Debut

The beginning of 2024 marked a historic moment for the cryptocurrency industry, as the launch of U.S. spot bitcoin exchange-traded funds (ETFs) was anticipated...

TSMC Sees 58% Surge in December Sales Driven by AI Demand

Taiwan Semiconductor Manufacturing Company (TSMC) (NYSE:TSM) reported a significant 58% increase in sales for December, buoyed by...

Australia’s 2025 Equity Returns: Focus on Earnings, Not Valuations – Macquarie

Australian equity markets are expected to have a cautious start to 2025, with rising bond yields and...

U.S. Stock Futures Steady After Apple and Tesla Losses Weigh on Wall Street

U.S. stock index futures steadied on Thursday evening following a weak start to 2025, triggered by losses...

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Taiwan Blocks Uber’s $950 Million Acquisition of Foodpanda Over Anti-Competition Concerns

Taiwan has blocked Uber Technologies' $950 million acquisition of Foodpanda’s operations on the island, citing anti-competition concerns, according to a report by Taiwan's official...

Brent Oil Price Faces Temporary Pressure, Sideways Movement Expected – Forecast for Today – 24 December 2024

Brent oil prices experienced a decline yesterday, reaching the 72.06 support level, before rebounding to trade around the 73.00 mark. The price may test...

AUDUSD Price Breaks Support, Negative Trend Expected to Continue – Forecast for Today – 24 December 2024

The AUDUSD price opened lower today, breaking the support line of a bearish flag pattern and attempting to stay below it. This move activates...

NZDUSD Price Trades Within Bearish Pattern – Negative Trend Expected for Today – 24 December 2024

The NZDUSD price continues to trade within a bearish flag pattern, with a key support level at 0.5630. A break below this support would...

Bitcoin Price Confirms Break Below Key Support Level – Bearish Trend Expected – 24 December 2024

Bitcoin (BTCUSD) has confirmed a break below the $95,195.00 level, closing the daily candlestick beneath this critical support, further supporting expectations of continued bearish...

Ethereum Price Tests Resistance, Bearish Trend Predicted – 24 December 2024

Ethereum (ETHUSD) has recently tested the $3425.50 resistance level but has remained below it, indicating potential downside pressure. Negative signals, particularly from the stochastic...

Crude Oil Price Rebounds, Cancels Negative Formation – Forecast for December 23, 2024

Crude oil prices have rebounded after approaching the $68.60 mark, effectively canceling the previously anticipated double top pattern. This upward movement now sets the...

GBPJPY Remains Bullish – Forecast for December 23, 2024

The GBPJPY currency pair has confirmed its continued bullish momentum, closing above the 195.85 level, which now serves as a support zone for further...

AUDCAD Under Negative Pressure – Forecast for December 23, 2024

The AUDCAD currency pair has recently encountered significant resistance near the 0.9100 level, which has contributed to a continuation of negative momentum. This resistance,...

Aussie Bourse Operator ASX to Defer Settlements After CHESS Software Outage

Australian Securities Exchange (ASX) has announced that it will defer the settlement of trades from Friday to Monday due to a significant malfunction in...

Micron Shares Fall After Missed Q2 Forecast

Micron Technology Inc. (NASDAQ: MU) shares took a sharp dive, falling 14% in extended trading on Wednesday after the company issued a second-quarter guidance...

EUR/USD Price Forecast Update – December 20, 2024

The EUR/USD currency pair is showing new positive momentum, approaching the 1.0400 level once again. This development warrants caution in the upcoming trades. If...

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