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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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Oil Prices Inch Up Amid Tighter Supply Outlook
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Oil prices saw an increase on Tuesday as the balance between supply and demand appeared poised to tighten due to operational disruptions, robust demand,...
Gold Prices Edge Higher Ahead of US Inflation Data Release
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In Asian trading on Tuesday, gold prices experienced a slight increase, recovering somewhat from significant losses in the previous session. Investors maintained their focus...
Australia Stocks Close Lower; S&P/ASX 200 Down 0.30%
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Sydney, Australia - On Tuesday, Australian stocks ended the trading session in negative territory, with losses observed in the Industrials, A-REITs, and IT sectors. At...
European Stocks Mostly Lower as Investors Await US Inflation Release
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European stock markets experienced a mixed session on Tuesday, with investors cautiously navigating corporate earnings announcements in anticipation of the upcoming US inflation reports. As...
European Stocks Mostly Lower as Investors Await US Inflation Release
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European stock markets experienced a mixed session on Tuesday, with investors cautiously navigating corporate earnings announcements in anticipation of the upcoming US inflation reports. As...
Asia FX Edges Lower, Dollar Steadies with Inflation on Tap
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Most Asian currencies showed little movement in a flat-to-lower range on Monday, while the dollar stabilized amidst recent fluctuations as investors awaited upcoming U.S....
Dollar Steady as US Inflation Data Takes Spotlight
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The dollar remained stable against major counterparts on Monday as investors awaited U.S. inflation data to gauge the likelihood of interest rate adjustments later...
Gold Prices Dip as US Inflation Test Looms
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Gold prices experienced a retreat in Asian trading on Monday, as traders exhibited a preference for the dollar ahead of crucial U.S. inflation data...
World Platinum Deficit to Deepen in 2024, Says WPIC
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According to the World Platinum Investment Council (WPIC), the global platinum deficit in 2024 is anticipated to be more significant than previously forecasted, primarily...
Bitcoin: Is It Perceived as a Risk Asset by Traditional Investors?
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Traditional investors often view Bitcoin as a risk asset due to its volatility and speculative nature. While some investors may see it as a...
Asian Stocks Reach 15-Month Peak Amid U.S. Inflation Concerns
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Asian markets reached a 15-month high on Monday amidst cautious anticipation of U.S. inflation data that could influence expectations for earlier interest rate adjustments....
Slight Gains in Australia’s S&P/ASX 200 Index Driven by Consumer Sectors
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Sydney, Australia - Following Monday's trading session, Australia's stock market saw marginal gains, with the S&P/ASX 200 index edging up by 0.01%. The upturn...