USD/JPY forecast: inverse cup and handle points to a yen surge
The USD/JPY exchange rate rose for the third straight day after the latest Bank of Japan (BoJ) interest rate decision.…
Why oil prices may face an uphill battle despite market support
Oil prices were slightly lower on Thursday after sharp losses in the previous session due to prospects of higher supply…
Gold slips to two-week low as safe-haven appeal fades; can prices recover?
Gold prices remained vulnerable to further downside on Thursday as prospects of a trade deal between the US and its…
Asian FX rally? Poll reveals growing bullishness driven by weaker dollar
Investor sentiment towards most Asian currencies has turned increasingly positive, with market participants ramping up bullish positions as the US…
Alcoa sees strong order book but faces uncertainty amid tariffs, power outage
Alcoa reported on Thursday that its second-quarter order book remains strong and has not yet been affected by US tariffs. …
Meta, Microsoft Q1 results drive US stocks higher: Nasdaq surges 2%, S&P up 1%
US stocks advanced at open on Thursday following strong earnings from major technology firms, which helped ease concerns that economic…
US construction spending slips in March, manufacturing slump deepens in April amid tariff headwinds
US construction spending unexpectedly declined in March, and the country’s manufacturing sector continued its downward slide in April, as rising…
How billionaire Caltagirone could influence Italy’s banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector…