One of EA’s key videogame franchises has stalled, and shares are sinking
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The US Dollar regained some balance and managed to set aside part of the weekly pullback as market participants continued to assess headlines around Trump 2.0. Here is what you need to know on Thursday, January 23: The US Dollar Index (DXY) clawed back some gains, although a move above the 108.00 hurdle appeared elusive
S&P 500 and Dow Jones continued to advance, boosted by strong earnings reports. President Trump announces major AI investment drive called Stargate. The Dow Jones has risen approximately 6% since January 13, and is approaching overbought territory on the RSI. Time for a pause? Earnings season continues with upcoming reports from GE Aerospace, American Express,
Despite being pressured in the past few days, Dollar remains relatively resilient, refusing to drop despite renewed selling pressure earlier today. US President Donald Trump’s tariff rhetoric is having a diminishing effect on markets, as traders shift their attention back to fundamental and intermarket dynamics. The first significant market reaction to tariffs is likely to
2025.01.22 2025.01.22 Facebook (Meta) Stock Price Prediction: 2025, 2026, 2027–2030 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Shares of Meta Platforms Inc. (META), the largest technology conglomerate, have demonstrated remarkable growth, surging by over 600% over the past two years and reaching an all-time high of $638.32. Despite strong headwinds posed by the global economy and ongoing geopolitical
Investing.com – The next Federal Reserve policy-setting meeting is looming large, but markets are expecting little from the gathering, according to Bank of America Securities, with more focus on messaging from the White House than the central bank. The meets next week, concluding its latest meeting on Jan. 29, and is widely expected to stay
Fundamental Overview The USD has been marginally weaker recently due to lower than expected US inflation figures last week that sent Treasury yields lower and made the market to price in higher chances of a second rate cut by the end of the year. We’ve also got lots of whipsaws in the last couple of
2025.01.22 2025.01.22 Mexico Prepares to Retaliate Against Trump’s Tariffs. Forecast as of 22.01.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Donald Trump is threatening his neighbors, Mexico and Canada, with tariffs starting February 1. Will they be imposed, or is this part of his negotiating strategy? Let’s discuss this topic and make a trading plan for the USDMXN pair. The
USD/CAD has experienced wild swings since Trump took office on Monday. Canada’s government plans to respond appropriately to Trump’s tariffs. Data on Tuesday revealed that inflation in Canada fell by 0.4%. The USD/CAD price analysis shows continued uncertainty about Trump’s tariff policies that have caused wild fluctuations. The Canadian dollar strengthened as markets doubted a
New Zealand Dollar softened mildly today as Q4 inflation data reinforced the case for continued monetary easing by RBNZ. The central bank has ample room to swiftly bring interest rate from the current 4.25% to neutral, with inflation staying at around mid-point of 1-3% target range for the second straight quarter. Another 50bps rate cut
EUR/JPY scales higher for the fourth straight day amid the emergence of some JPY selling. The divergent BoJ-ECB policy expectations should keep a lid on the upside for the cross. Traders now look to ECB President Christine Lagarde’s speech for short-term opportunities. The EUR/JPY cross attracts follow-through buyers for the fourth straight day on Wednesday
The dollar is marginally higher on the day but the changes are relatively light overall. The euro is down slightly as Trump threatens tariffs but on the week itself, the single currency is holding up rather nicely. A case of Trump’s bark being more scary than his bite at the moment? That is one way
Investing.com – Most Asian currencies extended losses on Wednesday as investors remained cautious ahead of potential new U.S. tariffs under Donald Trump’s administration, while the Malaysian ringgit jumped on expectations that the central bank would maintain steady interest rates later in the day. The is expected to hold rates steady at 3.00% for the 10th
The Indian Rupee trades flat in Wednesday’s Asian session. Renewed USD demand and Trump’s tariff announcements might weigh on the INR. The routine RBI intervention and lower crude oil prices might cap the downside for local currency. The Indian Rupee (INR) flat lines on Wednesday. The persistent US Dollar (USD) buying from foreign portfolio investors
(Reuters) – The U.S. Securities and Exchange Commission’s new leadership said on Tuesday it had created a task force to develop a regulatory framework for crypto assets, in the first major move by President Donald Trump’s new administration to overhaul crypto policy. Trump, who campaigned on promises to be a “crypto president,” has pledged to