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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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Gold Prices Hold Steady Amid Middle East Tensions and Fed Rate Cut Speculations
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Gold prices remained relatively stable in Asian trading on Tuesday, as investors assessed geopolitical tensions in the Middle East and awaited further developments on...
Bitcoin Price Dips to $63k Amid Regulatory Concerns and ETF Outflows
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The price of Bitcoin faced downward pressure on Tuesday, reflecting ongoing regulatory uncertainties and persistent outflows from investment products, particularly exchange-traded funds (ETFs). Over the...
Competition Intensifies for Europe’s First ‘Real-Time’ Stock Trade Tape
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In a bid to enhance Europe's capital markets and better compete with counterparts in the US, banks, asset managers, and exchanges are actively developing...
Australia Stocks Rally as S&P/ASX 200 Surges by 1.44%
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Sydney's stock market experienced a significant rally on Tuesday, with gains across sectors such as Utilities, Gold, and Consumer Discretionary driving the S&P/ASX 200...
Japan Stocks Surge as Nikkei 225 Rises by 1.47%
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Tokyo's stock market witnessed a surge in trading activity on Tuesday, with gains across various sectors propelling the Nikkei 225 index to a notable...
Asian Currencies Weaken as Dollar Recovers; Yen Reverses Gains
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Asian currencies experienced a broad weakening on Monday as the dollar regained stability following a plunge on Friday triggered by disappointing payrolls data, which...
Dollar Steady Amid Renewed Rate Cut Speculation; Yen Retreats
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The dollar maintained stability on Monday as speculation regarding potential rate cuts by the Federal Reserve resurfaced following a softer-than-expected U.S. jobs report. Meanwhile,...
Gasoline Demand Growth Expected to Slow in 2024 Due to Electric Vehicle Adoption
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Analysts anticipate a significant slowdown in global petrol demand growth in 2024, potentially halving from the previous year's increase. This projection is driven by...
Gold Prices Rise Amid Dollar Weakness as Weak Payrolls Data Increase Rate Cut Expectations
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Gold prices climbed in Asian trading on Monday, capitalizing on the recent decline in the dollar following softer-than-expected U.S. payrolls data, which led traders...
Bitcoin Price Recovers to $64k Amid Speculation Over U.S. Rate Cuts
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Bitcoin's price experienced a modest rise on Monday, recovering from bear market territory over the weekend, though further gains remained uncertain amidst increased speculation...
Asian Shares Rally on Optimism Over Fed Rate Cuts and China’s Economic Outlook; Yen Weakens
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Asian stocks surged to their highest levels in over a year on Monday, fueled by renewed optimism that the Federal Reserve would likely implement...
Australia’s S&P/ASX 200 Index Ends Higher by 0.70%
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On Monday, Australia's stock market closed with gains, with the A-REITs, Utilities, and Financials sectors driving the uptrend. The S&P/ASX 200 index in Sydney concluded...