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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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Citi Predicts Continued Weakness in GBP Amid Dovish BoE Signals
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Analysts at Citi FX have underscored a dovish shift in the recent remarks from the Bank of England (BoE), leading to a diminished value...
Asian Currencies Hold Steady Amid Awaited Rate Cues; Yen Unfazed by Intervention Concerns
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Asian currencies exhibited minimal movement on Tuesday despite a slight weakening of the dollar, as traders awaited further cues on the U.S. economy and...
Oil Prices Rebound Amid Tight Supply Prospects Despite Easing Middle East Tensions
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Oil prices rallied in Asian trading on Tuesday, bouncing back from recent declines as market participants anticipated potential supply constraints in the coming months....
Gold Prices Slide, Approaching $2,300 Amid Decreased Safe Haven Demand
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In Asian trading on Tuesday, gold prices experienced a decline, extending losses from the previous session as worries over geopolitical tensions in the Middle...
Bitcoin Price Stagnates at $66k Amid Rate Jitters and Capital Outflows
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On Tuesday, the price of Bitcoin remained stagnant as the much-anticipated halving event passed without significant price action, while capital outflows from investment products...
Asian Stocks Tread Water Ahead of Tech Earnings and Rate Cues
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On Tuesday, most Asian stocks remained within a flat-to-low range as investors awaited earnings reports from some of the world's largest companies and sought...
Australia Stocks Close Higher; S&P/ASX 200 Up 0.45%
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Australia stocks saw gains at the close of trading on Tuesday, with the IT, Healthcare, and Financials sectors leading the charge. The S&P/ASX 200 index...
Japan Stocks Close Higher; Nikkei 225 Up 0.28%
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On Tuesday, Japan stocks saw gains at the close of trading, with the Mining, Chemical, Petroleum & Plastic, and Warehousing sectors leading the charge. The...
Gold Faces Volatility Ahead as Rate-Cut Expectations Diminish
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Despite its recent record highs, gold's impressive rally could be facing headwinds as expectations for rate cuts take a hit, potentially signaling a challenging...
Micron Technology (MU) Shares Decline Amidst Market Volatility
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Shares of Micron Technology (NYSE: MU) experienced a downturn, sliding by 5.5% during the afternoon session amidst broader market declines, particularly notable in the...
S&P 500 Continues Decline Amidst Netflix and Nvidia Setback
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The S&P 500 index persisted in its downward trajectory on Friday, marking its sixth consecutive daily loss, as market sentiment soured due to notable...
Mixed Performance Seen in U.S. Stock Market as Trading Closes; Dow Jones Industrial Average Gains 0.56%
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New York, NY - U.S. stocks exhibited a mixed trend at the conclusion of trading. The market saw a rise in the Utilities, Financials,...