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GBPCHF Forms Bullish Channel, Poised for Further Gains – February 27, 2025 Forecast
The GBPCHF currency pair has recently established a minor bullish channel, with the price currently holding steady above its support line at 1.1290. The...
ASX Stocks That May Be Trading Below Their Estimated Value in February 2025
The Australian market, particularly the ASX200, has faced some challenges recently, including fluctuations in consumer discretionary and banking stocks. However, sectors like Utilities and...
EURJPY Continues Downtrend – Forecast for February 20, 2025
The EURJPY pair has tested the additional support level at 157.30 this morning, confirming the bearish outlook and currently stabilizing near 156.80. Ongoing negative momentum,...
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Brent Oil Price Tests Resistance – Forecast for February 18, 2025
Brent oil prices rose yesterday to test the critical resistance level at $75.66. The EMA50 continues to...
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Gold Price Shows Modest Bullish Trend – Forecast for February 18, 2025
Gold prices are showing a mild bullish bias, indicating a potential continuation of the expected upward trend...
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GBPJPY Loses Positive Momentum – Forecast for February 17, 2025
The GBPJPY currency pair has recently lost its positive momentum, continuing its downward movement with consistent closes...
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Walmart buys out $1.4 billion Tiger Global stake in India’s Flipkart
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Walmart has paid $1.4 billion to buy out hedge fund Tiger Global's investment in e-commerce firm Flipkart, the Wall Street Journal reported on Sunday,...
Dow futures lift as rally continues, major tech earnings in focus
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U.S. stock futures were trading higher during Sunday's evening deals, after major benchmark averages posted their 3rd consecutive week of gains, each closing at...
Gold treads water, copper prices flat ahead of China PMIs
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Gold prices kept to a tight range on Monday as investors awaited more major cues on the U.S. economy this week, while copper prices...
Yen eyes first monthly gain since March; dollar headed for monthly loss
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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
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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,...