Tag: Financial news
USD/JPY Weekly Forecast: Latest Analysis and Trends for Traders
The USD/JPY pair showed a choppy rise from 151.86 and broke through the 157.70 resistance last week. This led to a continuation of the...
EUR/USD Weakness: UBS Outlook on Downside Levels and Triggers
Last week, the EUR/USD experienced a drop due to political news from France, causing it to open the new week with a gap down....
Holiday Week Boosts Retail Sales in Wall Street Brunch
This week, Wall Street experienced a rare midweek holiday with the stock and bond markets closed for the Juneteenth Holiday on Wednesday. The four-day...
GameStop Stock Plummets 12% After 40% Decline
GameStop shares took a hit on Monday, dropping about 12% following a significant decline of nearly 40% on Friday. This downward spiral was triggered...
Gold price surges as US inflation falters against Fed’s hawkish stance
Gold prices surged above $2,330 as investors placed their bets on the Federal Reserve (Fed) cutting interest rates later in the year. This increase...
Gold Price Drops Following Release of U.S. Producer Prices Data
Gold prices took a hit on Thursday following the release of U.S. producer prices data. The U.S. Federal Reserve recently announced that they would...
GB Group Receives Buy Rating from Jefferies Financial Group
GB Group, a digital identity products and services provider, has recently received a buy rating from Jefferies Financial Group. Jefferies Financial Group reiterated their...
Gold SWOT: Anglo American will list Anglo-American Platinum in London
Gold SWOT: Anglo American to List Anglo-American Platinum in LondonStrengths:
- Palladium was the best performing precious metal for the week, showing an increase of...
Middle East Market Movements: Saudi Arabia Soars
Middle East Market Movements: Saudi Arabia SoarsIn a surprising turn of events, Saudi Arabia's benchmark index experienced a significant surge of 2.6%, marking its...
MATV | When (#MATV) Moves Investors should Listen (MATV)
MATV | When (#MATV) Moves Investors should Listen (MATV)On June 1, 2024, a new trading opportunity emerged for investors in Mativ Holdings Inc. (MATV)....