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GBP/JPY Hits Resistance Level – Forecast for September 18, 2024
The GBP/JPY currency pair exhibited corrective bullish attempts yesterday, testing the resistance barrier at 187.15 before beginning to decline. Currently, the pair is consolidating...
US Fed Rate Cut: Analysts Recommend Top IT Stocks to Buy Ahead of Key Decision
As anticipation builds for next week's Federal Reserve meeting, experts suggest that a potential aggressive interest rate cut could drive significant gains in rate-sensitive...
Bitcoin Price (BTCUSD) Reaches Initial Target: Forecast for September 13, 2024
On September 12, 2024, Bitcoin (BTCUSD) achieved its first anticipated target, reaching $58,480. Currently, the price is consolidating around $58,000 as it seeks to...
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Stocks Making the Biggest Moves After Hours: Adobe, RH, Oracle, and More
Adobe Adobe’s shares fell over 10% in after-hours trading following a weaker-than-expected fiscal fourth-quarter revenue forecast. The company...
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Platinum Price Forecast for September 12, 2024
Platinum prices concluded yesterday's session with a rally above the $950.00 resistance level, suggesting a postponement of...
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EURJPY Holds Above Support: Forecast for September 12, 2024
The EURJPY currency pair recently approached its additional negative target at 155.10 but has since responded positively,...
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Oil on track for biggest monthly gains in over a year
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Oil prices hovered near three-month highs on Monday, set to post their biggest monthly gains in over a year on expectations that Saudi Arabia...
Asia shares extend gains; wary eye on Japan yields
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Asian shares looked to end the month on a firm note on Monday in a week littered with major economic releases, central bank meetings...
China manufacturing PMI shrinks for 4th straight month in July
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Chinese manufacturing activity contracted for a fourth straight month in July, data showed on Monday, as the country’s biggest economic engines continued to grapple...
BOJ to carry out yield curve control with “greater flexibility”
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The Bank of Japan kept interest rates at ultra-low levels on Friday and said that while it will continue with its yield curve control...
Gold market sells off as U.S. weekly jobless claims fall by 7K
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The U.S. labor market shows continued strength as the number of workers applying for first-time unemployment benefits continues to decline. Thursday, the U.S. Labor Department...
Gold, silver slump after strong U.S. data rallies greenback
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Gold prices are solidly lower and hit a two-week low in midday U.S. trading Thursday. Silver is down sharply, too. Modest overnight gains in...
Roku shares surge as better ad spending powers upbeat revenue forecast
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Roku forecast upbeat third-quarter revenue and posted market-beating results for the second quarter on improved ad sales, sending the shares of the streaming device...
Wall Street closes down, Dow snaps longest winning streak since 1987
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U.S. stocks ended lower on Thursday after news that the Bank of Japan will allow long-term interest rates to rise sent U.S. yields higher,...
Dow futures steady after snapping rally, Intel lifts 8.4% after earnings
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U.S. stock futures were trading x during Thursday's evening trade, following a negative session among major benchmark averages, with market participants monitoring better than...
Dow Jones index set to end 13 day winning streak
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The Dow Jones Industrial Average was on the verge of ending its longest winning streak in 36 years on Thursday, successive gains showing that...
Binance and its CEO seek dismissal of CFTC complaint
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Binance and its CEO Changpeng Zhao have filed a motion to dismiss a complaint filed against the exchange by the U.S. Commodity Futures Trading...
China Evergrande’s EV unit shares plunge 69% after 16-month halt
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HONG KONG (Reuters) -Shares of China Evergrande New Energy Vehicle Group (NEV) plunged on Friday as trading resumed nearly 16 months after the stock...