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Economy

Economy

USD/CNY forecast as China’s renminbi growth accelerated

The renminbi is performing well as the Chinese economy continues to thrive. The USD/CNY exchange rate plunged to a low of 7.1300,…
Economy

USD/TRY forecast ahead of Turkey GDP and inflation data

The Turkish lira continued its strong plunge this month, reaching its all-time low. The USD/TRY exchange rate rose to 41.15, up by…
Economy

USD/JPY forecast ahead of the US nonfarm payrolls data

The USD/JPY exchange rate remained in a consolidation phase last week as traders focused on the upcoming actions by the Bank of…
Economy

Klarna IPO is coming: will its stock be a good buy?

The IPO season is here, with several companies like Circle, CoreWeave, Bullish, Webull, and eToro already public. The Klarna IPO, which may…
Economy

USD/ZAR: Top reasons the South African rand is rising

The South African rand had a strong performance in August, even as the US implemented tariffs against the country. The USD/ZAR exchange…
Economy

EUR/USD forecast ahead of US PCE and NFP inflation data

The EUR/USD exchange rate was flat this week as market participants reflected on key events, including the statement from Jerome Powell and…
Economy

USD/INR forecast as Indian rupee slumps to record low

The Indian rupee slump accelerated on Friday, reaching its lowest level on record as investors reacted to the ongoing trade conflict with…
Economy

Here’s why Barclays, NatWest, Lloyds share prices are crashing

The Barclays, NatWest, and Lloyds share prices plunged on Friday, dragging the blue-chip FTSE 100 Index. NatWest stock plunged to 512p, down…
Economy

Lululemon stock crash: from a shining star to a fallen angel

Lululemon stock price has moved from being one of the most beloved into a fallen angel, a trend that may continue after…
Economy

Here’s why the Xiaomi stock price rally has stalled

The Xiaomi stock price remained in a tight range this week as the recent momentum faded. It was trading at HKD 52.75…
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