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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 Rise Amid Earnings Focus Prior to Bank of England Decision
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European stock markets exhibited modest gains on Thursday, buoyed by ongoing corporate earnings announcements ahead of the Bank of England's policy-setting meeting. As of 03:30...
Asia FX Weakens as Dollar Strengthens Amid Reassessment of Rate Cut Expectations
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On Wednesday, most Asian currencies experienced depreciation while the dollar gained ground, prompted by remarks from Federal Reserve officials leading to a reassessment of...
Dollar Strengthens as Yen Weakens Amid Intervention Concerns
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On Wednesday, the dollar regained its footing, posting modest gains following earlier losses attributed to renewed expectations of Federal Reserve rate cuts later this...
Oil Prices Dip on Signs of Supply Relief
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Oil prices edged lower, as indications of easing supply concerns took precedence, while market attention turned towards upcoming U.S. stockpiles data expected later in...
Gold Prices Show Marginal Movement Amidst Interest Rate Uncertainty
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Gold prices experienced slight gains during Asian trading on Wednesday, with limited support from safe-haven demand as recent statements from Federal Reserve officials prompted...
Oil Prices Decline Amid Rising US Stockpiles and Supply Caution
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Oil prices experienced a downturn in early Asian trading on Wednesday, driven by data indicating a buildup in both crude and fuel inventories in...
Australia’s S&P/ASX 200 Index Edges Up by 0.14% Amid Sectoral Gains
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Australia's stock market saw modest gains on Wednesday, with the S&P/ASX 200 index rising by 0.14%, driven by increases in the Industrials, IT, and...
Japan’s Nikkei 225 Falls 1.54% as Transport and Marine Sectors Lead Losses
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On Wednesday, Japan's stock market closed lower, with the Nikkei 225 index declining by 1.54%, driven by losses in the Transport, Marine Transport, and...
Market Analysis: Global Economic Indicators Send Mixed Signals to Investors
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Investors are navigating a landscape of mixed signals as they adjust their strategies in response to shifting global economic conditions. Here's a breakdown of...
Asian Currencies Weaken as Dollar Stabilizes; RBA Moderates Hawkish Tone
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Asian currencies faced downward pressure on Tuesday, while the dollar found stability as market attention remained fixated on the timing of potential interest rate...
Japan’s Authorities Sound Caution Amidst Currency Fluctuations
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In response to recent rapid and speculative-driven movements in foreign exchange rates, Japan's top currency diplomat, Masato Kanda, issued a warning on Tuesday, suggesting...
Yen Weakens Despite Intervention Threat; Aussie Slips After RBA Decision
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On Tuesday, the Japanese yen extended its decline against the US dollar, influenced by substantial interest rate differentials, despite renewed warnings from Japanese authorities...