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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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Indonesia Stocks Lower, IDX Composite Index Down 0.41%

Indonesia's stock market closed lower on Tuesday, with losses predominantly observed in the Financials, Agriculture, and Basic Industry sectors. At the close of trading in...

Citi Predicts 3% Upside for Stoxx 600 by Year-End

As the second half of the year looms closer, Citigroup has turned its attention to the European equity market, offering insights into its outlook. The...

USD/CHF Price Analysis and Forecast for Today – 07-06-2024

USD/CHF Price Analysis Expected Scenario: The USD/CHF price is currently testing the critical support line at 0.8885, poised for a potential break below this level...

Dollar Holds Steady Ahead of US Jobs Report; Euro Steadies Post-ECB Cut

On Thursday, the dollar maintained a sideways trajectory in anticipation of Friday's release of U.S. employment data, crucial for the Federal Reserve in determining...

World Stocks Rise After Cautious ECB Rate Cut

On Thursday, world stocks saw an uptick and the euro strengthened following the European Central Bank's decision to cut interest rates for the first...

Dollar Holds Steady Ahead of Key Payrolls Report; Euro Stable Following ECB Cut

In early European trading on Friday, the U.S. dollar maintained stability as market participants eagerly anticipated the release of crucial U.S. employment data, while...

Nvidia Stock Rally Likely to Experience Swift Reversal in the Coming Weeks

Nvidia (NASDAQ), a standout in the AI sector, continues to captivate the stock market, propelling broader indices with its exceptional volume. However, according to...

Indonesia Stocks Close Lower; IDX Composite Index Declines by 0.79%

Indonesian stocks concluded Friday's trading session on a downward trajectory, with losses observed in the infrastructure, financials, and agriculture sectors. At the close in Jakarta,...

Waystar Holding Corp. Prices 45 Million Share IPO at $21.50 per Share

Today, Waystar Holding Corp. (WAY) revealed the pricing details of its initial public offering (IPO), comprising 45,000,000 shares of its common stock at a...

Japan Stocks Lower at Close; Nikkei 225 Down 0.22%

Japanese stocks closed lower on Friday, with the Nikkei 225 index falling 0.22%. The decline was driven by losses in the shipbuilding, insurance, and...

Oil Steadies on OPEC+ Reassurances, Set for Third Weekly Loss

Oil prices stabilized on Friday after key OPEC+ members, Saudi Arabia and Russia, indicated a possible pause or reversal in planned output increases. Despite...

Unwinding of Hugely Popular Currency Trade Rocks Markets

A sharp drop in Mexico's currency following a landslide election result has caused significant disruption in foreign exchange markets, affecting currencies as far away...

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