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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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How Would Japanese Intervention Boost a Weak Yen?
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As the yen continues to face downward pressure amidst expectations of slow interest rate hikes by the central bank, Japanese authorities are under renewed...
Asian Currencies Weaken as Markets Await US Inflation Data; Yen Dips Amidst Limited BOJ Support
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Asian currencies saw a weakening trend on Friday, while the dollar stabilized as markets awaited crucial inflation figures that are anticipated to influence the...
Oil prices in Asian trade showed a slight increase
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This article reports that oil prices in Asian trade showed a slight increase on Friday, heading towards a positive conclusion for the week. This...
Gold Prices Inch Up on Weak US Data; Await PCE Inflation Figures
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In Asian trading on Friday, gold prices experienced a modest rise as indications of a cooling U.S. economy spurred some demand for the precious...
Oil Prices Set to Break Two-Week Decline, Boosted by Economic Optimism and Middle East Tensions
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Oil prices climbed on Friday, poised to close the week with gains after enduring two consecutive weeks of losses. The upswing came as a...
Chaman Metallics Limited: A Hidden Gem in Momentum, Offers Potential Upside
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In the quest for high-momentum stocks, one intriguing find is Chaman Metallics Limited, a lesser-known entity operating in the Indian market. Specializing in the...
S&P/ASX 200 Drops 1.39% as Australia Stocks Retreat at Close
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Australia's stock market saw declines on Friday, with losses primarily observed in the Industrials, A-REITs, and Telecoms Services sectors. By the close in Sydney, the...
Nikkei 225 Climbs 0.84% as Japan Stocks Finish Higher at Close
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On Friday, Japan's stock market witnessed gains, with the Precision Instruments, Transportation Equipment, and Electrical/Machinery sectors leading the upward trend. Closing in Tokyo, the Nikkei...
Standard Chartered Forecasts Strong Rebound in Global Oil Demand
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Despite recent fluctuations in oil prices and concerns over inventory levels, Standard Chartered predicts a robust recovery in global oil demand, particularly in the...
Dollar Strength Expected to Persist Amid U.S. Economic Leadership
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The dollar edged higher, maintaining its dominant position in the currency market, with expectations suggesting it will continue to reign until U.S. "economic exceptionalism"...
Asian FX Stable Amid Rate Uncertainty; Yen Breaches Intervention Level Ahead of BOJ Meeting
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Asian currencies largely maintained stability on Thursday within a narrow range, while the dollar remained steady amid lingering uncertainty surrounding U.S. interest rates ahead...
Yen Falls to 34-Year Low Amid Intervention Concerns
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The yen remained under pressure, hovering around the weaker side of 155 per dollar on Thursday, as the Bank of Japan (BOJ) commenced its...