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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...
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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...
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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...
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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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Nvidia’s Growth Prospects Justify Price Target Increase, Analysts Say
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Nvidia (NASDAQ:NVDA) has seen its longer-term growth prospects and profitability metrics bolstered, prompting analysts at Stifel to revise their price target for the artificial...
USDJPY Price is Stable: Forecast for June 19, 2024
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USDJPY Price Analysis The USDJPY price has settled above the 157.35 level, showing no significant movement yesterday. This stability maintains the expected bullish trend scenario...
USDCAD Price Heads Towards Support: Forecast for June 19, 2024
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USDCAD Price Analysis The USDCAD price is currently experiencing new negative pressure, having broken below the support line of its bullish channel. This movement suggests...
AUDUSD Price Achieves Clear Gains: Forecast for June 19, 2024
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AUDUSD Price Analysis The AUDUSD price experienced a strong rally yesterday, breaking above the $0.6640 level and settling above it. This breakout has halted the...
Platinum Price Moves Within Tight Range – Forecast for June 18, 2024
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Platinum Price Analysis The price of platinum has stabilized around the additional support level of $948.00, leading to a temporary positive rebound towards $975.00. However,...
GBP/JPY Postpones Decline – Forecast for June 18, 2024
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GBP/JPY Price Analysis The GBP/JPY pair encountered resistance at the 199.00 level, establishing new support against the correctional bearish wave. This led to a postponement...
EUR/JPY Provides Positive Signal – Forecast for June 18, 2024
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Expected Scenario The EUR/JPY pair has indicated a positive signal, confirming a bullish bias with a close above 168.90, settling near 169.30. This suggests the...
Dollar Inches Higher as Traders Eye Rate Cut Clues; Euro Stabilizes
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The dollar rose slightly on Tuesday as traders awaited U.S. retail sales data and comments from Federal Reserve officials, seeking clarity on the timing...
AnchorX Signs MOUs in Kazakhstan to Boost Cross-Border Belt and Road Trade
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AnchorX, a Hong Kong-based fintech company specializing in stablecoins, has signed two Memorandums of Understanding (MOUs) in Kazakhstan. This development occurred during its participation...
London Stocks Edge Higher Ahead of UK Inflation Data, Bank of England Decision
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London stocks rose slightly on Tuesday, as investors focused on upcoming domestic inflation data and the Bank of England's policy decision this week. Gains...
Global Shares Rise as Europe Stabilizes; U.S. Fed Remarks Anticipated
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Global shares edged higher on Tuesday as markets in Europe stabilized and traders awaited remarks from several U.S. Federal Reserve officials. Meanwhile, the Australian...
Chegg Announces Major Job Cuts in Restructuring, Shares Soar 19%
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Shares of Chegg (NYSE) surged more than 19% in after-hours trading following the announcement of a major restructuring plan, which includes cutting 23% of...