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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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European Stocks Retreat Despite Global Rally on Downbeat Earnings
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European stocks experienced a slight retreat on Thursday despite a global rally fueled by U.S. inflation data, as investors grappled with disappointing earnings reports. As...
Dollar Slides to One-Month Low Against Euro Ahead of Crucial CPI Release
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On Wednesday, the dollar retreated to a one-month low against the euro amidst diminishing Treasury yields, as traders prepared for a pivotal U.S. inflation...
API Reports 3.1 Million Barrel Decline in U.S. Crude Stockpiles Last Week
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The American Petroleum Institute (API) disclosed on Tuesday that U.S. crude inventories experienced a more pronounced decline than anticipated last week, signaling an uptick...
Oil Prices Ascend as US Inventories Decline; Attention Shifts to CPI Inflation
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In Asian trading on Wednesday, oil prices climbed, propelled by industry data indicating a decrease in U.S. inventories, which heightened expectations of constrained supplies....
Gold Prices Steady Amid Dollar Softening Prior to CPI Data; Copper Demonstrates Strength
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Gold prices remained stable during Asian trading hours on Wednesday, benefiting from a weakened dollar as markets awaited pivotal U.S. consumer inflation data that...
Bitcoin Price Holds Below $62k as Investors Await CPI Data
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Summary: Bitcoin's price remained relatively stagnant on Wednesday, displaying minimal movement despite a weakening dollar. Investors adopted a cautious stance ahead of the release...
BofA Survey: Fund Managers Expect 5% to 10% Upside in Asian Stocks
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According to a recent survey by BofA, investors anticipate modest yet positive returns from Asian equities outside Japan over the next 12 months. The...
Australia’s S&P/ASX 200 Index Rises by 0.35% on Wednesday
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Australia's stock market closed higher on Wednesday, with the S&P/ASX 200 index gaining 0.35%. The positive performance was driven by increases in the Metals...
Japan’s Nikkei 225 Gains 0.17% as Key Sectors Lead Market Higher
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Japan's stock market closed higher on Wednesday, with the Nikkei 225 index rising by 0.17%. The positive performance was driven by gains in sectors...
Dollar Holds Steady, Prepares for Upcoming Inflation Data
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The U.S. dollar exhibited marginal weakness on Monday, settling after recent fluctuations as traders awaited crucial U.S. inflation data for insights into interest rate...
Asia FX Largely Muted as Dollar Stabilizes Ahead of Inflation Data; Yen Remains Fragile
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Most Asian currencies showed little movement on Tuesday, mirroring the stability of the dollar as traders awaited upcoming U.S. inflation reports that are expected...
Oil Prices Settle Higher Amid Signs of China’s Economic Recovery; US CPI Looms
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Oil prices concluded higher on Monday, buoyed by indications of an improving economy in China, which fueled hopes for increased demand, even as wildfires...