Market News

The USD/JPY exchange rate continued its strong rally last week, reaching its highest point since 1986. It peaked at 161.81, up by 15% from its lowest level in May last year, putting investors on edge as they wait for the next actions by the Bank of Japan (BoJ). USD/JPY jumps after the hawkish Fed The… Continue reading USD/JPY: Here’s why the Japanese yen has slumped to a 40-year low

The crypto market remained in a consolidation mode on Sunday as demand waned following last week’s hawkish Fed decision. Bitcoin was trading at $64,400, up by 1% in the last 24 hours, while the market capitalization in the industry rose by 0.64% to $2.2 trillion. This article looks at key coins, including Aerodrome Finance (AERO),… Continue reading Top crypto price predictions: Aerodrome, Jupiter, Aster

Celestica stock price has slumped in the past few weeks, falling from the all-time high of $655 in June to the current $524. This retreat continued today, even after the company announced a $300 million investment in Texas. So, is it safe to buy the dip? Celestica announces a major US investment Celestica, a top… Continue reading Celestica stock analysis: Will the sell-off continue?

XRP price retreated for the fourth consecutive day, even as demand in its exchange-traded funds (ETF) continued this week. Ripple dropped to $1.1305, a few points below this week’s high of $1.2875, mirroring the performance of other cryptocurrencies. XRP ETF inflows point to resilient demand Data compiled by SoSoValue shows that there is resilient demand… Continue reading XRP price prediction amid ETF inflows and RLUSD growth

Palantir stock is sitting at a crucial support level that may determine its forward trajectory. It is trading at $126.90 today, June 18, down modestly from this month’s high of $162. So, will the stock continue its bearish trajectory or stage a comeback? Reasons why the Palantir stock has slumped There are three main reasons… Continue reading Palantir stock slips below a crucial technical price: here’s why

International Business Machines (NYSE: IBM) stock price retreated sharply today, June 18, continuing a downward trend that started on June 2nd this year. It plunged to $245.8, down by 26% from its highest point this month.  IBM stock slumps after Accenture’s weak earnings IBM shares were in the red today, after Accenture, a top global… Continue reading Here’s why the IBM stock is falling after the Accenture earnings

BitMine stock price has crashed this year as Tom Lee’s Ethereum bet backfires. BMNR dropped to $15.70 on Wednesday, down substantially from last year’s high of $160. This retreat may continue as Cathie Wood pares back her holdings and as the Ethereum price remains under pressure. BitMine stock has slipped amid soaring unrealized losses Tom… Continue reading BitMine stock: Tom Lee’s Ethereum bet backfires as key metrics plunge

UK banking stocks jumped to multi-month highs this week as investors cheered the US-Iran ceasefire deal and waited for the latest Bank of England interest rate decision. NatWest share price jumped to 638p, its highest level since February 9 this year, and 26% above its lowest point in March. Lloyds Bank soared to 105.80, its… Continue reading Here’s why Barclays, NatWest, Lloyds shares are pumping this week

The crypto market is on edge today, June 18, as investors react to the hawkish Federal Reserve decision and the ongoing boom in the stock market. Bitcoin price retreated below $65,000, while the market capitalization of all tokens fell by 3% to $2.2 trillion.  Some of the top laggards were coins like Audiera, DeXe, SPX6900,… Continue reading Crypto market at risk as liquidations jump 65% after hawkish Fed