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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...

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...

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,...

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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Gold Prices Rise, Head for Weekly Gains Amid Weak US Labor Data

Gold prices surged in Asian trade, with spot gold rising by 0.3% to $2,354.06 an ounce and gold futures for June delivery jumping by...

Bitcoin Price Holds Steady at $62k Amid Dollar Weakness

On Friday, the price of Bitcoin remained unchanged as traders continued to exhibit caution towards crypto markets, despite a decline in the U.S. dollar...

Australia Stocks Close Higher; S&P/ASX 200 Registers 0.35% Gain

Australia's stock market concluded on a positive trajectory on Friday, with notable gains observed in the Energy, Gold, and Financials sectors. At the close in...

Japan Stocks Close Higher; Nikkei 225 Records 0.49% Gain

Japan's stock market closed on a positive note on Friday, driven by notable gains in the Precision Instruments, Finance & Investment, and Retail sectors. At...

European Stocks Ascend on Positive Sentiment Fueled by UK Growth Data

European stock markets experienced a surge on Friday, buoyed by stronger-than-anticipated U.K. growth figures that contributed to an overall positive market sentiment. At 03:05 ET...

Dollar Strengthens on Rate Outlook, Yen Continues Decline for Third Consecutive Day

The dollar experienced gains as investors maintained confidence in the outperformance of the U.S. economy, leading to its third consecutive day of strength against...

BOJ to Monitor Weak Yen in Monetary Policy Guidance, Governor Ueda Affirms

Bank of Japan Governor Kazuo Ueda emphasized on Thursday that the central bank would closely monitor the recent declines in the yen as part...

Asian Currencies Hold Steady Amidst Mixed Market Sentiment

Asian currencies maintained a subdued stance on Thursday as investors awaited further signals on U.S. interest rates from Federal Reserve officials and awaited upcoming...

China’s April Crude Oil Imports Surge by 5.45% Compared to Previous Year

China witnessed a notable increase in crude oil imports in April compared to the same period last year, as refiners geared up for a...

Shell has announced the sale of its Bukom refinery located in Singapore

Shell, the multinational oil corporation, has announced the sale of its Bukom refinery located in Singapore, marking a significant shift in its strategic direction....

Australia Stocks Retreat, S&P/ASX 200 Falls 1.06% Amid Sectoral Losses

Australia's stock market experienced a downturn at the close of trading on Thursday, driven by losses in the Consumer Discretionary, Financials, and A-REITs sectors. The...

Japan Stocks Retreat, Nikkei 225 Slips 0.34% as Glass and Insurance Sectors Drag

Japan's stock market witnessed a decline at the close of trading on Thursday, with losses in the Glass, Insurance, and Communication sectors exerting downward...

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