Search results

Microsoft Becomes the Most Expensive Company in the World, Surpassing Apple According to the results of trading shares of AAPL and MSFT yesterday, the market capitalization is: → Apple: USD 2.875 trillion. → Microsoft: USD 2.887 trillion. This is facilitated by: → positive expectations of...

Tesla's Bleak Month Continues, but Is It Really That Bad? Share price volatility has been synonymous with Tesla for many years now, the company's unique, somewhat giant character echoing the polarising nature of its founder and CEO, Elon Musk. An unusual company among its big-cap peers, Tesla...

US Dollar Holds Up Well Despite Slight Inflation Increase Spurring Pessimism This morning, as the week's trading begins, a small fly has landed in the otherwise very clear ointment with regard to the anticipated interest rate reductions that Western central banks could make during the early to...

EUR/USD, GBP/USD, USD/CAD Analysis: The Dollar Declines after the Release of Data on the Producer Price Index The dollar fell on Friday after US producer prices fell unexpectedly in December, fueling expectations of an imminent US rate cut. The final demand producer price index decreased by...

BTC/USD price and the “Three Black Crows” pattern On January 11, the highly publicized Bitcoin ETF began trading after it was officially approved by the SEC. On this day, the price of Bitcoin exceeded USD 48,800, as shown by the chart. Bloomberg writes that new US spot funds achieved net...

Watch FXOpen's 8 - 12 January Weekly Market Wrap Video Weekly Market Wrap With Gary Thomson: FTSE, NIKKEI, AUD/USD, BITCOIN ETFs Get the latest scoop on the week's hottest headlines, all in one convenient video. Join Gary Thomson, the COO of FXOpen UK, as he breaks down the most significant...

EUR/USD, GBP/USD, and USD/JPY Analysis: US Dollar Weakens after Inflation Data The US dollar weakened after data showed US consumer price inflation in December exceeded economists' expectations. This has raised some doubts that the Fed will cut rates. US consumer prices rose in December as...

Inflation Data Changes Market Sentiment US CPI data published yesterday did not meet expectations. Analysts predicted 3.2%, but in fact it turned out = 3.4% (value a month ago = 3.1%). This hardly means a reversal of the large-scale trend toward weakening inflation (a year ago CPI = 6.5%), but...

Market Analysis: AUD/USD and NZD/USD Eye Key Upside Break AUD/USD is moving higher and might rally if it clears 0.6725. NZD/USD is also rising and could extend its increase above the 0.6255 resistance zone. Important Takeaways for AUD USD and NZD USD Analysis Today The Aussie Dollar...

USD/JPY, GBP/USD, and EUR/USD Analysis: The Yen Resumes Its Decline, the Euro and the Pound Test Important Levels Towards the end of the current five-day trading period, in most currency pairs we are seeing a continuation of the sluggish flat movement. Thus, the pound/US dollar pair is trading...

Finally! The SEC Approves all 11 Applications for Bitcoin ETFs The following ETFs can start operating today: Blackrock's iShares Bitcoin Trust (IBIT) ARK 21Shares Bitcoin ETF (ARKB) WisdomTree Bitcoin Fund (BTCW) Invesco Galaxy Bitcoin ETF (BTCO) Bitwise Bitcoin ETF (BITB) VanEck...

Nikkei 225 Sets 21st Century High As the chart shows, this morning the Nikkei 225 price exceeded 35,700, its highest level in decades. The Nikkei 225 index reached its all-time high on December 30, 1989, at 38,957.44 points. This was against the backdrop of Japan's economic boom, which began...

EUR/USD, GBP/USD, USD/JPY Analysis: Dollar Strengthens ahead of Inflation Data Release Yesterday, the US dollar rose against all major currencies, as it is unclear when the Fed will lower rates. The main economic data this week will be the December consumer price inflation report, which is...

S&P 500 Rebounds Despite Boeing's Commercial Disaster Stock markets in the United States have been very interesting over recent years. However, it has not just been a case of following the volatile tech stocks on the NASDAQ, as the more traditional companies that are included in the S&P 500...

Inflation in Australia Continues To Decline. AUD/USD Tests Important Support Data today from the Australian Bureau of Statistics on Wednesday showed the monthly consumer price index (CPI) rose 4.3% year-on-year in November, the slowest pace since January 2022. Value a month earlier = 4.9%...

Market Analysis: EUR/USD Revisits Support While USD/CHF Aims Higher EUR/USD started a fresh decline below the 1.0980 support. USD/CHF is rising and might aim a move toward the 0.8620 resistance. Important Takeaways for EUR/USD and USD/CHF Analysis Today The Euro struggled to clear the...

USD/CAD, GBP/USD, and EUR/USD Analysis: Major Currency Pairs in Consolidation Phase Despite higher than expected NFP figures, published last week, the US dollar suffered a downward pullback. Thus, the pound/US dollar pair retested support at 1.2600 and sharply rose above 1.2700, the US...

British Companies Bullish on Economic Strength, but Pound Dips The British economy, despite being free from the high-profile catastrophes during the past year that dogged progress in the United States, has been the subject of trepidation from corporate giants and investors alike recently...

The Swiss National Bank Suffered Losses of 3 Billion Francs in 2023 The Swiss National Bank (SNB) reported an annual loss of 3 billion Swiss francs (USD 3.54 billion) in 2023 and said it would not make payments to Switzerland's central or local government or pay dividends to investors. The...

EUR/USD, GBP/USD, and USD/JPY Analysis: Dollar Loses Gains Due to US Services Data The dollar initially rose on Friday but then retreated after data showed the US services sector fell sharply in December, erasing gains made after a report showed stronger-than-expected nonfarm payrolls last...