Silver price has extended its previous gains following the easing of Treasury yields. Its status as a hedge against inflation and safe haven continues to fuel its rally. silver price US inflation outl...
Tag: forecast
USD/CAD forecast ahead of the BOC interest rate decision
The USD/CAD pair has been in a strong bullish trend in the past few days. The pair is trading at 1.2642, which is about 1.95% above its lowest level this month. Focus now shifts to the upcoming intere...
Bitcoin has initial positive reaction as inflation hits 8.5% with March CPI data matching forecast
The price of Bitcoin rose after March CPI data confirmed that inflation in the U.S. continues to increase, hitting the highest level in 40 years. However, with the price of Bitcoin currently down 11% ...
US dollar index forecast: What next for the DXY index?
The US dollar index (DXY) soared to the highest level since 2020 as global volatility accelerated. The index crossed the important resistance level at $100 for the first time in years. It has jumped b...
XRP Price Forecast: This is How XRP HODLers Can Reap Gains, Here are The Entry and Exit Levels
The post XRP Price Forecast: This is How XRP HODLers Can Reap Gains, Here are The Entry and Exit Levels appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide The cry...
Short Term & Long Term BTC Price Forecast
The price of bitcoin has reached an interesting moment in its three-week trip. BTC continued to rise after breaking through a major barrier but has since retraced over the previous three days. Despite...
What Gartner’s $4.4 Trillion IT Spending Forecast Tells Us: It’s A Software Economy
Programming code getty Worldwide IT spending in 2022 is poised to exceed $4.4 trillion, an increase of 4% over 2021, even after growing at the torrid pace of 9.5% the year before. When the pandemic fi...
Bitcoin price forecast for April 8: what 5 analysts are projecting
Bitcoin is looking to hold above $42.6K after a retreat below the support area at $43,000 in intraday deals on Friday. The BTC-USD pair is currently hovering near the $42,750 price level, which could ...
Tesco share price forecast: unprecedented margin contraction expected
Tesco (LON: TSCO) share price dropped sharply on Friday as concerns about the company’s margins and growth remained. The stock retreated to a low of 269p, which was the lowest level since March this y...
USD/CHF forecast as the Fed hints at quantitative tightening
The USD/CHF pair went sideways after the hawkish minutes by the Federal Reserve and the latest Swiss unemployment rate. The pair is trading at 0.9326, which is slightly below the highest point on Marc...
SoFi Stock Drops as Firm Cuts Forecast on Student-Loan Pause
(Bloomberg) — SoFi Technologies Inc., which operates a business for refinancing educational debt, cut its guidance after President Joe Biden’s administration again extended the pause on student-...
Major Bank Is First To Forecast A Recession—More Could Follow
Topline An increasing number of Wall Street experts are now forecasting a possible economic downturn on the horizon, with alarms growing louder after the widely-observed yield curve inverted last week...
Gold price forecast ahead of the FOMC meeting minutes
Gold price has held steady even as the US dollar and Treasury yields strengthen. The Russia-Ukraine crisis continues to boost the metal’s safe-haven appeal. Besides, investors are keen on the FOMC mee...
GBP/USD forecast after the strong UK services PMI data
The GBP/USD pair held steady on Tuesday after the relatively strong services and composite PMI numbers from the UK. The pair rose to a high of 1.3145, which is in the same range as it has been in the ...
EUR/USD forecast as recession and Marin Le Pen risks rise
The EUR/USD pair is trading at the lowest level since March 22 as worries of the Eurozone economy coincided with the resurgent Marine Le Pen. The pair is trading at 1.0967, which is the lowest it has ...
Logitech stock price forecast: analysts see a 50% upside
Logitech International SA (NASDAQ: LOGI) stock is up 6.0% on Monday after the computer peripherals maker received positive views from both Goldman Sachs and Bank of America Securities. Goldman Sachs: ...
Dell stock price forecast: Is this an irrational sell-off?
The Dell (NYSE: DELL) stock price has been in a major sell-off in the past few weeks as investors worry about the pc industry. The shares are trading at $48.80, which is close to its lowest level sinc...
Dow Jones, the S&P 500, and Nasdaq price forecast after solid U.S. job report
Wall Street’s main indexes ended higher on Friday, but the war between Ukraine and Russia continues to keep investors in a negative mood. Russian forces bombarded the outskirts of Kyiv and a besieged ...
Bitcoin Price Forecast : $50k or $40k ? Where BTC Price Is Heading In Coming Week – Coinpedia – Fintech & Cryptocurreny News Media
Since the beginning of 2022, the cryptocurrency market has held above a $2 trillion market cap for the longest time. For the past two days, Bitcoin has remained above its crucial $46k resistance level...
CAC 40 forecast ahead of France’s presidential election
France’s CAC 40 index has recovered from its lows reached at the beginning of March 2022, but the risk of another decline still persists, especially if the Ukraine crisis worsens. The impact of the Ru...
U.S. corn and soybean stocks rise, but corn plantings forecast cut: USDA
Corn futures climbed Thursday after reports from the U.S. Department of Agriculture on Thursday revealed higher U.S. corn and soybean stocks, along with a lower forecast for this year’s planted corn a...
CHZ price forecast: how will the public testnet launch affect its value?
Chiliz CHZ/USD is a blockchain fintech provider for sports as well as entertainment. Chiliz is also the developer behind the Socios.com sports fan engagement platform, which is built on the Chiliz blo...
Gold price forecast with the US NFP data in focus
Gold price ended March in good shape to record the best quarter since mid-2020 at the peak of the COVID-19 pandemic. Investors are keen on the non-farm payrolls data amid the heightened inflationary p...
Citi raises its forecast for China’s GDP growth
Real estate and related sectors account for at least 25% of China’s economy, according to Moody’s. Costfoto | Future Publishing | Getty Images BEIJING — China’s economy faces so much...
EUR/USD forecast as Europe braces for its biggest gas crisis
The EUR/USD pair retreated on Friday morning as the outlook for the European economy dimmed as a gas crisis starts. It is trading at 1.1064, which is significantly lower than this week’s high of 1.118...
US auto sales forecast Q1 2022 looks bleak due to chips, inflation
New Jeeps are displayed at a car dealership on October 05, 2021 in New York City. Spencer Platt | Getty Images Automakers will likely report sharp sales declines for March and the first quarter, indus...
Robinhood stock price forecast: Signs of bottoming emerge
The Robinhood (NASDAQ: HOOD) stock price jumped by more than 24% on Tuesday as investors cheered the company’s plans to offer more trading opportunities to investors. The shares ended the day at $15.9...
DXY: US dollar index forecast as the yield curve inverts
The US dollar index retreated slightly on Thursday morning even after the bond market started issuing warning signs about the economy. The DXY is trading at $99, which is a few points below its highes...
DigiByte (DGB) price forecast after current appreciation
DigiByte DGB/USD has advanced from $0.024 to $0.043 in less than twenty-four hours, and the current price stands at $0.035. There are already many projects on DigiByte blockchain, and it has united fo...
Gold price forecast as BOJ bond purchases strengthens US dollar
Gold price has begun the new week in the red amid a strengthening US dollar. The BOJ’s second offer to purchase unlimited bonds has boosted the greenback. Strong US dollar As is the case with other ...
Analyst Says One Ethereum Rival Is Gearing Up for Massive Rally, Updates Forecast on ApeCoin, Cardano and Zcash
A closely followed crypto analyst and trader is laying out some near-term forecasts for a series of altcoins, including Cardano (ADA). The pseudonymous trader known as Altcoin Sherpa tells his 170,000...
DAX index forecast for April 2022
The uncertainty of potential outcomes between Ukraine and Russia looms over investors, and for now, we can not see the light at the end of the tunnel. NATO, EU, and G-7 leaders had a meeting in Brusse...