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GBP/USD Price Forecast – November 7, 2024

The GBP/USD pair is showing a bullish bias as it tests the 50-period Exponential Moving Average (EMA), which is acting as a strong resistance...

Mid and Small-Cap Stocks Outlook: Worst Not Over Yet, Analysts Caution

The ongoing correction in mid and small-cap stocks (SMID) is expected to continue, according to analysts who voiced concerns on Monday. The Nifty MidCap100...

Bitcoin Price Update: Continued Decline and Forecast for November 1, 2024

The price of Bitcoin (BTCUSD) continues to experience downward pressure, achieving the negative target of $69,605 outlined in our previous technical analysis. The cryptocurrency...

CHFJPY Price Analysis and Forecast – October 31, 2024

The CHFJPY currency pair has consistently closed below the 177.25 level, increasing the likelihood of triggering the...

GBP/USD Forecast Update – October 23, 2024

The GBP/USD currency pair has been trading within a narrow range since this morning, maintaining its expected...

EUR/USD Price Forecast Update: October 22, 2024

The EUR/USD currency pair is currently exhibiting a slight bullish bias, influenced by positive stochastic indicators. However,...

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Yen eyes first monthly gain since March; dollar headed for monthly loss

The yen edged steadily higher on Monday following a volatile session at the end of last week after the Bank of Japan (BOJ) loosened...

Oil on track for biggest monthly gains in over a year

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

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

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”

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

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

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

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

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

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

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

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...

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