USD/JPY: Japanese yen forecast as inflation jumps amid the Iran war

The Japanese yen continued softening against the US dollar as energy prices jumped and after the country’s publication of its inflation report. The USD/JPY exchange rate rose to 159.7, a few points below the year-to-date high of 160.43. Japan inflation jumps as crude oil soars A report released on Friday showed that consumer prices in… Continue reading USD/JPY: Japanese yen forecast as inflation jumps amid the Iran war

BMNR stock analysis: Why Tom Lee’s BitMine is set to surge

The BitMine stock price has rebounded in the past few weeks, moving from the year-to-date low of $17.30 in February to the current $23.30. This rally may continue in the foreseeable future as Ethereum rebounds and a double-bottom pattern forms. Tom Lee is accumulating Ethereum aggressively  On-chain data shows that BitMine continues to accumulate ETH… Continue reading BMNR stock analysis: Why Tom Lee’s BitMine is set to surge

FTSE 100 Index retreats ahead of Lloyds, Barclays, Natwest, GSK earnings

The FTSE 100 Index pulled back for three consecutive days as companies exposed to the ongoing US-Iran war slipped and as the UK published a strong inflation report.  It also dropped as market participants waited for the upcoming UK corporate earnings. It has dropped by over 2% from its highest point this week. UK inflation… Continue reading FTSE 100 Index retreats ahead of Lloyds, Barclays, Natwest, GSK earnings

Here’s why NVIDIA stock may surge to $250 and beyond soon

NVIDIA stock price has rebounded in the past few weeks and is now slowly approaching the all-time high. It was trading at $200 on Wednesday, up sharply from the year-to-date low of $163. This article explores some key reasons why it may soon surge to $250. NVIDIA stock price technical analysis points to more gains … Continue reading Here’s why NVIDIA stock may surge to $250 and beyond soon