Top 4 reasons why a crypto rally has ignited today
A crypto rally has ignited this week, with Bitcoin price surging above the important resistance level at $93,000 and the market capitalization of all coins rising by over $200 billion to $3.1 trillion. Some of the top cryptocurrencies like Sui,
Quant crypto price forecast as exchange supply crashes
Quant crypto price has staged a strong recovery in the past few weeks, soaring from a low of $69.12 on November 21 to $95 today. So, will the QNT token continue rising as whales buy and as the exchange reserves
USD/TRY: Lira on edge as Turkish inflation dips, raising CBRT rate cut odds
The Turkish lira remained at a record low against the US dollar, continuing a trend that has been going on for decades. The USD/TRY exchange rate was trading at 42.4, up by 21% from where it was trading at in
Here’s why the American Eagle stock price is flying today
American Eagle stock price continued its strong bull run in the extended hours after the company published strong results and boosted its guidance. AEO shares ended the session at $20.8 and then rose to $22.8 in the after-hours. So, will
USD/INR forecast: how low can the Indian rupee get?
The USD/INR exchange rate continued its bull run as investors waited for the upcoming Reserve Bank of India (RBI) interest rate decision. The Indian rupee was trading at 89.85 against the US dollar as it moved closer to the psychological
Rolls-Royce share price forecast for December: will it rebound?
Rolls-Royce share price remains under pressure this month, moving from the year-to-date high of 1,195p in September to the current 1,040p. It is hovering near its lowest level since August this year. So, will the stock rise or fall in
Palantir stock price at risk of a crash as valuation concerns persist
Palantir stock price has dropped into a local bear market after falling by ~20% from its highest point this year. PLTR was trading at $167, down from the year-to-date high of $207. So, will the stock rebound amid heightened valuation
Lucid stock price at risk of a deeper dive as cash burn continues
Lucid stock price has crashed in the past few months as challenges in the EV industry remained. LCID was trading a $12.58, down by 65% from its highest point this year. It has been in a freefall since February 2021,
AI in finance: how machine learning is transforming trading
Trading used to be about gut feelings and reading charts. Traders sat at desks watching screens, trying to spot patterns that meant prices would go up or down. That world exists still but machines can now do what took humans
Will the Airbus share price rebound after the A320 recall?
Airbus share price moved sideways as investors assessed the impact of last week’s recall of its most important jet. AIR was trading at €204, down by 5.35% from its highest point this year. So, will the Airbus A320 recall crash
Top catalysts for the Dow Jones Index and the DIA ETF in December
The Dow Jones continued its strong rally in December, hitting its all-time on record. It has now risen in the last seven consecutive months, the longest winning streak in years. It is up by about 30% from its lowest level
Nio stock price analysis: will this crash accelerate or end soon?
Nio stock price has plunged in the past four consecutive weeks as investors reacted to its recent financial results. Its US shares dropped to a low of $5.50, its lowest level since August 18 this year. It has dropped by
Salesforce stock price forms a risky pattern ahead of earnings
Salesforce stock price remained under intense pressure in November as concerns about the company’s AI business continued. CRM was trading at $230 on Monday, down by 37% from the year-to-date high, making it one of the top laggards in the
A beginner’s guide to the yen carry trade: why it’s so profitable, and so dangerous
Borrow cheap yen, invest in higher-yielding assets, pocket the spread: repeat with leverage.That simple idea, known as the yen carry trade, has fueled enormous profits for hedge funds and global investors for decades.But when market conditions shift, this strategy unravels
Top S&P 500 Index, VOO, and SPY ETF news to watch this week
The S&P 500 Index has rebounded in the past few days and is hovering near its all-time high. It rose for five consecutive days, as fears of an AI bubble cooled and as odds of a Federal Reserve interest rate
Silver price analysis: What next as XAG hits all-time high
Silver price rallied to a fresh all-time high on Friday as a slump in Chinese inventories heightened supply concerns. This comes a few weeks after the recent silver squeeze in London that pushed prices to the record high hit in
Nikkei 225 Index analysis as Japanese yen slips, retail sales rise
The Nikkei 225 Index held steady above ¥50,000 after Japan published strong retail sales data and as the yen continued softening. It also reacted to the latest Tokyo CPI numbers and the growing tensions between Japan and China. So, does
Crypto price predictions: Pi Network, Monero, Shiba Inu
The crypto market remained in a consolidation phase on Friday as the recent bull run ran out of steam on Thanksgiving Day. Bitcoin was stuck at $90,000, while the market capitalization of the industry dropped slightly to $3.1 trillion. This