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USD/JPY signal: forecast as the Japanese yen plunges to 162

USD/JPY signal: forecast as the Japanese yen plunges to 162

The Japanese yen continued its strong downward trend this week, reaching its lowest level in over 40 years. The USD/JPY crossed the crucial resistance of 162, bringing its 12-month gains to 12.3%. BoJ prepares response to

Business
BP, Shell, Chevron shares on edge as Morgan Stanley slashes oil forecast

BP, Shell, Chevron shares on edge as Morgan Stanley slashes oil forecast

Global energy stocks have pulled back in the past few days as crude oil and natural gas prices slumped, and this trend may continue after Morgan Stanley warned of a global glut. Shell share price

Business
Here’s why the MOEX Index and Russian ruble are falling

Here’s why the MOEX Index and Russian ruble are falling

Russian stocks and the ruble are in a strong downward spiral as pressures on the economy mount amid the ongoing attacks by Ukraine. The USD/RUB pair soared to 78.6860, its highest level since April 8,

Business
Rolls-Royce share price in focus as it eyes narrow-body engine entry

Rolls-Royce share price in focus as it eyes narrow-body engine entry

Rolls-Royce share price has wavered in the past few days as demand for UK stocks has waned. After soaring to a record high of 1,531p last week, it ended the week at 1,406p. Still, a

Business
Bitcoin price prediction as weekly spot ETF outflows soar to a record

Bitcoin price prediction as weekly spot ETF outflows soar to a record

Bitcoin price retreated below the important support of $60,000 as concerns about demand from American investors continued. BTC was trading at $59,930, lower from last month’s high of $82,803. So, will the retreat continue as

Business
Top 3 catalysts for the S&P 500 Index, VOO, and SPY ETFs

Top 3 catalysts for the S&P 500 Index, VOO, and SPY ETFs

The S&P 500 Index has come under pressure in the past few days, moving from the year-to-date high of $7,620 to the current $7,354. This retreat continued amid the rising jitters that the AI boom

Business
VOO stock: Here’s why the S&P 500 Index could be on the verge of a reversal

VOO stock: Here’s why the S&P 500 Index could be on the verge of a reversal

The Vanguard S&P 500 ETF (VOO) stock has pulled back in the past seven consecutive days and is hovering at its lowest level since June 11. There is a risk that the recent stock market

Business
Figma stock has plunged amid SaaSpocalypse fears: Is this an unfair punishment?

Figma stock has plunged amid SaaSpocalypse fears: Is this an unfair punishment?

Figma's stock price has imploded since its initial public offering (IPO) last year as the exuberance that fueled its private-market valuation collided with the realities of life as a publicly traded company. FIG dropped to

Business
Prop trading is the side hustle most retail investors haven’t heard of

Prop trading is the side hustle most retail investors haven’t heard of

Retail investing has become more accessible than ever. Commission-free brokerages, crypto exchanges, and social trading platforms have made it possible for almost anyone to participate in financial markets with just a smartphone and a modest

Business
DAX Index nears crucial price after key Volkswagen, Rheinmetall, Bayer news

DAX Index nears crucial price after key Volkswagen, Rheinmetall, Bayer news

The German DAX Index experienced some volatility this week, as investors reacted to some notable news from key constituents like Rheinmetall, Volkswagen, and Bayer. It was trading at 25,000, up by nearly 5% from its