2023 new year outlook for pound us dollar exchange rate: where next for gbp vs usd?

At time of writing the GBP/USD exchange rate traded around $1.2065, relatively unchanged from the morning’s opening levels. Despite expectations of ...

January 1, 2023, 6:59 pm

Crypto analyst predicts new bitcoin all-time high in 2024; why 2023 a ‘peak financial opportunity’

One of the top crypto traders and the pseudonymous strategist Rekt Capital recently shared his outlook on Bitcoin (CRYPTO: BTC). He laid out a timelin...

January 1, 2023, 1:59 am

How did the largest capitalized companies in the us perform in 2022? not so great.

Apple is ending the year as the largest capitalized stock in the US. It closed the year with a market capitalization of $2.066T, and that makes it ...

December 31, 2022, 6:48 pm

Indian rupee edges up as analysts reckon cad likely peaked, dollar slips

MUMBAI: The Indian rupee firmed on Friday in its final trading session of the year as the dollar eased, while hopes that the country’s current accou...

December 31, 2022, 1:59 pm

Nasdaq bear market: 5 extraordinary growth stocks you'll regret not buying on the dip

A peak drop of 38% in the Nasdaq Composite is the perfect opportunity to pounce on these discounted gro...

December 31, 2022, 5:06 am

Limping into 2023

Another big year ahead though Stock markets are limping into 2023, with investors seemingly making the most of the festive break to refuel for what is...

December 30, 2022, 5:16 pm

The jpy is the strongest & gbp is the weakest to start the last session of 2022 in na

To start the last trading session in 2022, the JPY is the strongest of the major currencies while the GBP is the weakest. The USD is mixed.

...

December 30, 2022, 2:00 pm

Ups extends residential delivery surcharges beyond peak season

In an unprecedented move, UPS Inc. will impose U.S. residential delivery surcharges beyond the peak del...

December 30, 2022, 1:31 pm

Nzd/usd forex technical analysis – trader reaction to .6373 sets the near-term tone

At its last meeting, the RBNZ raised its forecast for its peak interest rate to 5.5%, up from a previou...

December 30, 2022, 9:14 am

China's yuan set for biggest yearly loss since 1994

And that is despite a surging recovery in the currency over the past two months, with USD/CNY having 7.30 at th...

December 30, 2022, 8:59 am

3 video game stocks to sell on slowing sales

The video game industry has had a roller coaster year in 2022. After posting record-breaking sales during the pandemic's peak, the economic reopening ...

December 30, 2022, 8:16 am

Spain december preliminary cpi +5.8% vs +6.8% y/y prior

• CPI +0.3% m/m
• Prior -0.1%
• HICP +5.6% vs +6.0% y/y expected
• Prior +6.7%
• HICP +0.1% m/m
• Prior -0.3%
...

December 30, 2022, 8:03 am

Rupee edges up as analysts reckon cad likely peaked, dollar slips

Meanwhile, most Asian currencies and stocks were firmer in the final trading session of the year after U.S. jobs data showed the Fed’s rate hikes we...

December 30, 2022, 6:14 am

Oil ( $cl_f ) forecasting the decline after elliott wave zig zag

Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of OIL Futures ( $CL_F). As our members kno...

December 29, 2022, 1:44 pm

Eur/gbp capped by october peak while aud/usd resumes its descent

Outlook on EUR/GBP and AUD/USD amid low volume trading into year-end. ​ EUR/GBP’s over 3% December advance faltered slightly below the October...

December 29, 2022, 12:44 pm

Why amazon, alphabet, and apple stocks all rallied thursday morning

Has rising inflation finally peaked?...

December 29, 2022, 11:51 am

Usd/zar to plummet toward 15.00 by end-2023 – socgen

The re-opening of China and broader USD depreciation should deflate USD/ZAR in our view towards 15.00 by end-2023.” “Headline inflation peaked fiv...

December 29, 2022, 10:29 am

Why futu stock fell by 9%

Futu stock fell below $35 in October and then peaked at over $70 the next month. FUTU shares are on a downtrend: negative sentiment explained....

December 29, 2022, 7:30 am

Gold price today, 29 dec: profit taking hits prices, dollar down; gold to be range bound, traders eye china

Gold prices fell from last session’s six-month peak while worsening COVID situation in top bullion co...

December 29, 2022, 4:44 am

Goldman sachs on bank of japan fx intervention in the yen

A snippet from Goldman Sachs on how intervention is conducted in the yen. I'm posting it in case you are interested given the Bank of Japan interve...

December 29, 2022, 1:10 am