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USD/JPY signal: forecast ahead of US inflation data, BoJ, and Fed decisions

USD/JPY signal: forecast ahead of US inflation data, BoJ, and Fed decisions

The Japanese yen has soared in the past few weeks, and is now hovering near its highest level since February this year. The USD/JPY pair has dropped to 154.17, down sharply from the year-to-date high

Business
Lloyds share price is at risk of a reversal despite UK GDP growth

Lloyds share price is at risk of a reversal despite UK GDP growth

The Lloyds share price remains largely unchanged today, September 11, as investors weigh the stronger-than-expected UK GDP report against rising bond yields. UK yields have climbed to their highest level in years, adding pressure on

Business
Nikkei 225 Index on edge as foreigners buy, odds of BoJ rate hike jump

Nikkei 225 Index on edge as foreigners buy, odds of BoJ rate hike jump

The Nikkei 225 and Topix dropped a bit on Thursday as investors focused on the rising oil prices and Japan bond market. The blue-chip Nikkei dropped to 64,717 points, down by 11.2% from its highest

Business
XRP price prediction amid RLUSD stablecoin and ETF tailwinds

XRP price prediction amid RLUSD stablecoin and ETF tailwinds

XRP price remained on edge today, September 10, as the recent crypto market rally stalled. Ripple token dropped to $1.3905, down modestly from this month’s high of $1.6975. This retreat happened even as the XRP

Business
Scottish Mortgage shares hit crucial price amid SpaceX, Anthropic catalysts

Scottish Mortgage shares hit crucial price amid SpaceX, Anthropic catalysts

Scottish Mortgage Investment Trust (SMT) share price has rebounded in the past few months, moving from a low of 1,297p in July to 1,500p today. This rebound has coincided with the ongoing recovery of most

Business
IAG share price eyes crash to 400p as jet fuel costs escalates

IAG share price eyes crash to 400p as jet fuel costs escalates

IAG share price has slumped to a crucial support level as investors reacted to the rising jet fuel costs. It dropped to 419p on Wednesday, a few points above 414p, its lowest level in July.

Business
USD/JPY signal: forecast as a death cross forms ahead of key US, Japan macro data

USD/JPY signal: forecast as a death cross forms ahead of key US, Japan macro data

The Japanese yen is in a strong uptrend this week, reaching its highest level since February this year. The USD/JPY pair dropped to 154.28, down by nearly 6% from its highest level this year. This

Business
Hang Seng Index forms a highly bullish pattern as China trade surplus jumps

Hang Seng Index forms a highly bullish pattern as China trade surplus jumps

The Hang Seng Index retreated a bit on Tuesday, even after macro data showed that China’s trade surplus rebounded in August. It retreated to 25,345, down by 3.3% from its highest point in August. On

Business
Vodafone share price: Technicals point to a jump to 135p as turnaround continues

Vodafone share price: Technicals point to a jump to 135p as turnaround continues

Vodafone share price has done well in the past few years and is now hovering around its highest level since 2018 as the turnaround strategy pays off. VOD jumped after the management unveiled a plan

Business
Lloyds share price forms a risky pattern as insiders sell, risky pattern forms

Lloyds share price forms a risky pattern as insiders sell, risky pattern forms

Lloyds share price has crawled back in the past few days, moving from a low of 108.25p on September 1 to the current 112.75. It is hovering slightly below the year-to-date high of 117p, and