The EUR/GBP exchange rate is gearing up for a busy time ahead of the latest UK budget and European Central Bank (ECB) decision. It has bounced back from this week’s low of 0.8778 to a high of 0.8835 a...
Tag: forecast
GTLB Stock Drops Over 30% as GitLab Issues Misses Forecast Revenue
The GTLB stock came under severe selling pressure in the aftermarket hours on Monday since the projected revenue stood less than the estimates. On Monday, March 13, GitLab Inc (NASDAQ: GTLB) stock plu...
USD vs Rupee forecast ahead of US inflation data
The USD/INR price continued rising on Tuesday as the US dollar index (DXY) staged a comeback ahead of the upcoming US consumer inflation (CPI) data. It jumped to a high of 82.42, the highest level sin...
Nikkei 225 index forecast as Japan bank stocks nosedive
The Nikkei 225 index (NI225) plunged to the lowest level since February 24th as concerns about the financial market continued. It crashed to a low of ¥27,075, which was ~5.50% below the highest level ...
Goldman Analysts Forecast No Fed Rate Hike In March
Topline Analysts at Goldman Sachs on Sunday said it “no longer expects” the Federal Reserve to hike interest rates later this month, after federal regulators moved to swiftly shield the U.S. banking s...
Why TMS Network (TMSN), MATIC Are Top Whale Picks, SOL Forecast
Advertisement     After (SOL) tumbled in November last year, many wonder if it is still a safe asset. It would not be surprising if most of those who lost their acquis...
USD/JPY Forecast – US Dollar Gives Up Early Gains Against the Japanese Yen
USD/JPY Forecast Video for 13.03.23 US Dollar vs Japanese Yen Technical Analysis The US dollar initially tried to rally during the trading session on Friday but gave back gains as the Non-Farm Payroll...
EUR/USD Forecast – Euro Sits On the 200-Day EMA
EUR/USD Forecast Video for 10.03.23 Euro vs US Dollar Technical Analysis The Euro initially tried to rally during trading on Thursday but gave back early gains to show signs of hesitation. Ultimately,...
Oracle stock falls following forecast as revenue disappoints
Oracle Corp. shares recouped some of their losses in the extended session Thursday after the forecast revenue range bookended the Wall Street consensus, as the software company’s largest business unit...
USD/JPY forecast ahead of US NFP, CPI, and BoJ decision
The USD/JPY price pulled back as investors patiently waited for the final Bank of Japan (BoJ) decision by Haruhiko Kuroda. It also retreated ahead as Kazuo Ueda prepares to become the next BoJ governo...
Nasdaq 100 index, QQQ stock forecast: don’t fight the Fed
The Nasdaq 100 index and Invesco QQQ stock got a rude wake-up call on Tuesday. After rising to a year-to-date high of $12,862, the tech-heavy index has retreated by more than 6.7% to $12,160. It remai...
EUR/USD Forecast – Euro Pulls Back Again
EUR/USD Forecast Video for 08.03.23 Euro vs US Dollar Technical Analysis The Euro initially tried to rally during the trading session on Tuesday but gave back gains near the 1.07 level. The 1.07 level...
AUD/USD Forecast – Australian Dollar Continues to Threaten a Breakdown
AUDUSD Forecast Video for 08.03.23 Australian Dollar vs US Dollar Technical Analysis The Australian dollar has fallen rather hard during the course of the trading session on Tuesday, as we are now wel...
CrowdStrike stock rallies as forecast shows confidence in new approach
CrowdStrike Holdings Inc. shares rose in the extended session Tuesday after the cybersecurity company’s earnings and outlook beat Wall Street, and executives said they are targeting the tough-to-close...
BlackBerry Stock Dives on Latest Numbers as Revenue Forecast Disappoints
BlackBerry stock tumbled Tuesday, the morning after the Canadian cybersecurity firm released preliminary fiscal-year figures that disappointed Wall Street. The company said Monday evening that it expe...
Rio Tinto shares hit by China growth forecast: buy the dip?
Rio Tinto (LON: RIO) share price pulled back sharply on Monday as the market reacted to China’s growth prospects. It retreated to a low of 5,920p, which was significantly lower than the year-to-date h...
USD/CNY forecast after the latest China news on trade, geopolitics
The USD/CNY exchange rate continued rising as the National Party Congress (NPC) event continued. It also rose after the latest China trade numbers, which showed a dramatic increase in surplus as impor...
Silver price forecast ahead of Powell testimony, NFP data
Silver price is moving sideways this week as the market waits for cues from the Federal Reserve chair. It is also reacting to the ongoing political gathering in Beijing by the Communist Party. Silver ...
AUD/NZD, AUD/USD forecast ahead of the RBA rate decision
The Australian dollar will be in focus this week as the Reserve Bank of Australia (RBA) delivers its second decision of the year. The AUD/NZD exchange rate jumped to a high of 1.0885 while the AUD/USD...
GBP/INR forecast: Descending triangle pattern forms
The GBP/INR price came under intense pressure after important forex news from the UK and India. It retreated to a low of 98.71, the lowest level since February 17. The GBP to INR pair has plunged by m...
Plug Power stock dips on revenue miss, but execs stick with annual sales forecast as new factory ramps up
Green-energy provider Plug Power Inc. on Wednesday stuck with its full-year sales forecast, despite fourth-quarter sales missing expectations. The company — which sells renewable hydrogen fuel and fue...
Aston Martin shares surge on profitability forecast for 2023
The exterior of an Aston Martin store. Jeremy Moeller | Getty Images News | Getty Images LONDON — British luxury carmaker Aston Martin Lagonda forecasts better profitability this year, after widening ...
Marqeta shares dive as first-quarter forecast comes up shy of expectations
Shares of payments-tech provider Marqeta Inc. MQ fell sharply after hours on Tuesday after the company forecast first-quarter sales growth that came in slightly below estimates. The company, whose tec...
Nikkei 225 price forecast amid a new Bank of Japan Governor
Japan is in the spotlight these days as the Bank of Japan is about to change its leadership. Haruhiko Kuroda was the mastermind behind the extreme easing taking place in Japan for the last decade, and...
EUR/USD price forecast ahead of the end of the month flows
Today is the last trading day of the month, and volatility is poised to increase as we head into the American session. Throughout the month, the US dollar strengthened as a result of renewed inflation...
USD/CHF forecast: Temporary pullback as DXY retreats
The USD/CHF exchange rate pulled back slightly on Tuesday ahead of the upcoming Swiss GDP and US consumer confidence numbers. It dropped to a low of 0.9344, which was a few points below last week&rsqu...
Hot Pot Chain Haidilao Issues Hot Forecast
China Last Night KraneShares Key News Asian equities were lower overnight, though the Asia Dollar Index was flat as CNY gained +0.13% versus the US dollar, closing at 6.95 CNY per USD. Hong Kong stock...
Non-Professional Investors Predict A Recession. What’s Your Forecast?
The Eccles Building, location of the Board of Governors of the Federal Reserve System and of the … [+] Federal Open Market Committee. (Photo by Brooks Kraft/ Getty Images) Getty Images “Think of...
Opinion: The only market forecast that should matter to stock investors: When does the Fed decide that higher inflation is OK?
By this time last year, every stock market forecast made for 2022 was wrong. The U.S. stock market peaked on the first trading day of 2022 and went downhill from there. This year, every forecast made ...