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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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Tech Slide Hits Stocks; Yen Flails at Intervention Zone
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Asian stocks experienced declines on Thursday, influenced by disappointing earnings forecasts from Meta Platforms, the parent company of Facebook, which led to a sell-off...
Japan Stocks Close Higher; Nikkei 225 Up 0.04%
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Japanese stocks ended the trading session on Thursday with gains, buoyed by positive performance in sectors including Precision Instruments, Transportation Equipment, and Electrical/Machinery. Closing in...
Gold Price Update: XAU/USD Drops Below Key Support at $2,318, US GDP Data Awaited
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Gold prices experienced a slight downturn early on Thursday, retreating from recent highs near $2,315. Analysts attribute this pullback to widespread risk aversion in...
The Ancient Metal and the Modern Currency: A Debate Between Gold and Crypto
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In the heart of Bulgaria, a discovery in 1972 unveiled a treasure trove dating back to 4500 BC, marking humanity's earliest known use of...
Currency Market Update: Dollar Hit by PMI Data, Aussie Soars on Inflation Surprise
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On Wednesday, the dollar found itself reeling from significant losses against the euro and sterling, while the yen remained entrenched near 34-year lows despite...
Japanese Ruling Party Official Signals Potential Intervention as Yen Nears 160 Against Dollar
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In a recent interview with Reuters, Takao Ochi, a senior official from Japan's ruling party, indicated that policymakers may consider taking action as the...
Gold Prices Steady Amid Dollar Weakness; Await More Rate Signals
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Gold prices maintained a narrow range in Asian trading on Wednesday, finding some support from a weaker dollar, although traders remained cautious amid expectations...
Oil Prices Climb Amidst US Stock Decline and Escalating Middle East Conflict
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Oil prices continued their upward trajectory on Wednesday following unexpected data showing a decline in U.S. crude stocks last week, signaling positive demand trends....
Base Chain Introduces Groundbreaking Meme Coin Launchpad to Combat Scams and Rug Pulls
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FOMO BULL CLUB, an autonomous, community-centric platform, is proud to unveil its pioneering meme coin launchpad on the Base blockchain. This innovative platform empowers...
Australian Stocks Dip Slightly; S&P/ASX 200 Edges Down 0.01%
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Australian stocks experienced a minor decline at the close of trading on Wednesday, with losses primarily observed in the Utilities, Industrials, and IT sectors. The...
Japan Stocks Surge; Nikkei 225 Soars 2.26%
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Japanese stocks experienced significant gains at the close of trading on Wednesday, propelled by notable increases in the Power, Gas & Water, and Transportation...
European Stocks Advance; Tesla’s Strong Earnings Buoy Global Markets
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European stock markets showed overall gains on Wednesday, maintaining the positive momentum as the quarterly earnings season unfolds globally. At 03:40 ET (08:40 GMT), Germany's...