Australian Dollar gives up profits despite RBA’s careful outlook
On Friday, the Australian dollar (AUD) experienced some gains against the US dollar (USD), with the AUD/USD pair rising after cautious remarks from Reserve Bank of Australia (RBA) Governor Michelle Bullock. Bullock remarked that services inflation remains notably persistent. She noted that inflation in the second quarter was marginally higher than anticipated, though still trending […]
Ferrari stock falls due to poor outlook before electric vehicle release
Ferrari’s stock dropped 15% on Thursday, largely due to disappointing new long-term financial goals, overshadowing the excitement surrounding their announcement of electric car technology. The decline has erased about 13.5 billion euros ($15.67 billion) from the company’s market value. The luxury car maker has set a sales target of 9 billion euros ($10.4 billion) for […]
GBP/USD Price Outlook: Building momentum but might encounter resistance around 1.3465
The GBP/USD pair saw some buying interest during the Asian session on Thursday, pulling away from a nearly two-week low around 1.3370 reached the previous day. In fact, the spot price has climbed above the 1.3400 mark recently, seemingly breaking a two-day losing streak, largely due to a significant drop in the US dollar. From […]
Dell’s Stock Rises to Record Level After Tech Giant Raises Long-Term Outlook
Top Line Dell’s stock hit an intraday record on Wednesday, following an impressive surge that nearly doubled its price. This growth can be linked to the rising demand for data center products, which are crucial for supporting artificial intelligence operations. Important Facts By 2:05 p.m. EDT, Dell’s stock had climbed 7.6% to $162.41, reaching its […]
NZD/USD Price Outlook: Continues to Decline due to RBNZ Impact, Reaching Lowest Level in Six Months
The NZD/USD pair has seen significant selling pressure for the second consecutive day on Wednesday, continuing its notable downward trend from levels just above mid-$0.5800, which were the highest in nearly two weeks. During Asian trading, this selloff has dropped prices into the 0.5740-0.5735 range—the lowest since April 11—driven by several factors. The New Zealand […]
GBP/JPY hits temporary support around 198.00, outlook stays negative
The GBP/JPY pair’s decline seems to be slowing down after three days of losses, hovering around the 198.00 mark during Thursday’s Asian trading session. Still, the outlook remains negative, especially with the recent US government shutdown that has enhanced the appeal of the Japanese yen as a safe haven. This situation unfolded late Tuesday when […]
Gold Price Outlook: XAU/USD reaches new highs around $3,900 amid cautious markets
Gold is making a comeback, recently nearing record highs, just shy of the $3,900 mark. The ongoing US government shutdown and unsettling labor statistics have weakened the US dollar and increased interest in safe-haven assets like gold. A technical analysis indicates bearish divergence on the 4-hour chart for gold. In the wake of the US […]
USD/JPY Outlook 01/10: USD Fluctuates Against JPY
Created on October 1, 2025 On Tuesday, the US dollar initially rose against the Japanese yen, touching the 149 yen mark, but then slipped below the 200-day EMA during some trading sessions. Support is still evident at the 50-day level. The current market conditions suggest a bit more resilience, but with the upcoming non-farm payrolls […]
Silver Price Outlook: XAG/USD stays above $47.00 due to rising demand for safe investments.
Silver prices reached a new peak of $47.57 on Wednesday. Non-2 silver has been bought as recent US employment figures boost hopes for additional Fed rate cuts. US federal funds expired at 4:00 GMT on Wednesday, prompting government shutdowns. Silver Price (XAG/USD) is currently up by more than 1%, trading around $47.15 per troy ounce. […]
Silver Price Outlook: XAG/USD stabilizes close to multi-year high, just under $47.00
Silver continues to experience consistent price movements despite a range of varying conditions. Some fluctuations in price could be seen as a brief pause before another upward movement. A support level of $46.55, seen after dips below $46.60, might present a buying opportunity. Silver (XAG/USD) is hovering close to its highest value since May 2011, […]