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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...
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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...
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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,...
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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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Asian Stocks Hit by Rate Jitters, China Extends Losses
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Most Asian stocks experienced declines on Friday, mirroring the weakness observed in Wall Street, as concerns over persistent U.S. inflation and the likelihood of...
Australia Stocks Lower at Close of Trade; S&P/ASX 200 Down 1.08%
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May 24, 2024 - Australia stocks closed lower on Friday, with losses in the Consumer Discretionary, A-REITs, and IT sectors leading shares downward. At the...
Japan Stocks Lower at Close of Trade; Nikkei 225 Down 1.27%
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May 24, 2024 - Japan stocks closed lower on Friday, with losses in the Shipbuilding, Steel, and Gas & Water sectors leading shares downward. At...
Dollar Strengthens on U.S. Business Activity Boost
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The dollar strengthened against the euro following the release of data indicating a surge in U.S. business activity, signaling a potential acceleration in economic...
BofA Forecasts EUR-USD to Reach 1.12 by Year-End, Exceeding Consensus
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Bank of America (BofA) has unveiled its currency market forecast, predicting the EUR-USD exchange rate to hit 1.12 by the close of 2024. Analysts...
UBS Identifies Support for US Natural Gas Prices Amid Export Growth
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UBS has shed light on recent developments influencing US natural gas prices, highlighting two primary factors bolstering prices this month. Firstly, US natural gas production...
UBS Identifies Support for US Natural Gas Prices Amid Export Growth
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UBS has shed light on recent developments influencing US natural gas prices, highlighting two primary factors bolstering prices this month. Firstly, US natural gas production...
US House Passes Crypto Bill Amid SEC Warning
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The U.S. House of Representatives approved a bill on Wednesday aimed at establishing a new legal framework for digital currencies, despite a cautionary statement...
Bitcoin Price Steady at $69K Amid Federal Reserve Concerns and Spot Ether ETF Speculation
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Bitcoin prices remained relatively stable on Thursday, trading at $69,418.9 as of 01:21 ET (05:21 GMT), down 0.3% over the past 24 hours. The...
European Shares Rise as Nvidia Forecast Boosts Chipmakers
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European stocks rose on Thursday, buoyed by strong forecasts from AI leader Nvidia (NASDAQ:NVDA) that boosted global chipmakers. Additionally, improved business activity in the...
Nvidia Shares Climb Over 6% in Premarket Trading Amid Revenue Surge
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Shares in Nvidia (NASDAQ:NVDA) rose more than 6% in premarket trading on Thursday following the release of the semiconductor giant's highly anticipated first-quarter results,...
Snowflake Shares Surge 7.5% on Robust Revenue Performance
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Snowflake (NYSE:SNOW) reported an impressive start to the fiscal year, with first-quarter revenue surpassing expectations and driving a 7.5% rise in its share price. The...