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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 Retreat as China Rally Fades, Hong Kong Hit by Tech Selloff
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Asian stocks experienced a slight decline on Tuesday as the stimulus-driven rally in Chinese markets lost momentum, and concerns over prolonged high interest rates...
Nasdaq Reaches Record High as Tech Stocks Surge, S&P 500 Inches Up with Nvidia Results in Focus
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The Nasdaq closed at a record high on Monday, while the S&P 500 posted modest gains as technology stocks advanced ahead of Nvidia's highly...
Chinese Developers’ Shares Decline Despite Government Support Measures
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Despite the announcement of significant support measures by the Chinese government aimed at stabilizing the beleaguered property sector, shares of most major Chinese developers...
Asian Stocks Surge on China Stimulus and Tech Optimism
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Asian stocks experienced a surge on Monday, buoyed by favorable developments in China's stimulus measures and a bullish sentiment in the technology sector ahead...
BofA Expresses Optimism on INR Pre-Election, Urges Caution on USDINR
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Bank of America (BofA) has unveiled a bullish perspective on the Indian Rupee (INR) as India approaches its elections. The analysis underscores a favorable...
Asia FX Subdued, Dollar Stable Ahead of Further Fed Guidance; Yen Remains Vulnerable
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Most Asian currencies experienced slight weakness on Monday, while the dollar maintained stability as traders eagerly awaited additional signals regarding interest rates from the...
Dollar Maintains Stability as Traders Await Guidance on US Interest Rates
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The dollar held steady on Monday as investors awaited further indications to navigate the trajectory of U.S. interest rates amid cautious remarks from Federal...
Copper Prices Reach Record Highs Amid Short Squeeze and Supply Tightening
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Copper prices surged to unprecedented levels in Asian trading on Monday, continuing a recent upward trend driven by a combination of factors including a...
Crypto Venture Capital Investment Rebounds, Hits $2.4 Billion in Q1 2024
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Global venture capital investment in crypto companies surged to $2.4 billion in the first quarter of 2024, marking a notable uptick and signaling a...
Bitcoin Holds Steady at $67k Amid Fed Speculation
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Bitcoin's price showed little movement on Monday, maintaining a steady stance after a weekend rebound, yet remaining within a defined trading range amidst ongoing...
Oil Set for Weekly Gain on Signs of Strengthening Demand
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Oil prices advanced during Asian trading on Friday, marking a significant weekly gain for global benchmark Brent, its first increase in three weeks. The...
Oil Prices Hold Steady, Poised for Modest Weekly Gains Amid Optimism on Demand
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Oil prices exhibited minimal movement in Asian trading on Friday but were on track for a mildly positive week, buoyed by a softer dollar,...