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Forex And Cryptocurrencies Forecast For May 27-31
Article By:
Roman Butko
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Saturday, May 25, 2024 4:40 PM EDT
Overall, the past week favored the dollar, but the advantage over the European currency was minimal. If you look at where the EUR/USD pair was on May 15, it returned to this zone on May 24, regaining the losses of recent days.
Week In Review: Hengrui And Degron Announce $7.2 Billion In Drug Licensings
Article By:
ChinaBio® Today
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Saturday, May 25, 2024 4:00 PM EDT
Jiangsu Hengrui Medicine out-licensed global rights for its portfolio of three proprietary GLP-1 candidates to a US startup, Hercules, in a deal worth up to $6 billion. Hengrui will receive $110 million upfront and up to $200 million in milestones.
GBP/JPY Price Analysis: Bulls Kept Momentum Steady, Near-Term Correction Possible
Article By:
FXStreet
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Saturday, May 25, 2024 3:20 PM EDT
In Friday’s session, the GBP/JPY pair experienced upward momentum, rising by 0.37%. Additionally, the pair reached multi-year highs, a clear indication of the stronghold buyers had within the market. A near-term correction may be possible.
Week Ahead: Near-Term Dollar Outlook Less Clear Than A Week Ago
Article By:
Marc Chandler
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Saturday, May 25, 2024 1:40 PM EDT
A key question is whether the dollar's setback before the weekend signaled the resumption of the lower trend that began in mid-April, with the exception of the yen. We lean against it, and we will identify key chart areas that could signal otherwise.
Lenovo Group's Q4 Performance Surpasses Expectations: Net Profit Up 118%
Article By:
EqualOcean
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Saturday, May 25, 2024 1:00 PM EDT
On May 23, Lenovo Group announced its financial results for the fourth quarter and the full fiscal year. The financial report shows that Lenovo Group's revenue for the fourth quarter was CNY 99.4 billion, a nearly 10% increase year-on-year.
In this article: LNVGY
AUDUSD Analysis Today & AUDUSD Price Prediction Forecast - Saturday, May 25
Video By:
Frano Grgic
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Saturday, May 25, 2024 6:56 AM EDT
Today you will see AUDUSD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for AUDUSD. What to expect where the price will breakout for the AUDUSD based on the supply and demand zones.
Think Ahead: What If US Inflation Is Much Lower Than We Think?
Article By:
ING Economics
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Saturday, May 25, 2024 3:30 AM EDT
This article is an indispensable guide to what you should be watching out for next week.
USD/JPY Steady On Friday After Another Week Of Gains
Article By:
Joshua Gibson
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Friday, May 24, 2024 9:45 PM EDT
USD/JPY churned on Friday, wrapping up close to where it started the day, just below the 157.00 handle, as investors looked to recover balance after a tense week.
Silver Breaks Through 10-Year Slump; China Now A Big Player
Video By:
David Morgan
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Friday, May 24, 2024 5:30 PM EDT
Silver has seen an explosive move back to levels not seen in over a decade. We discuss the technical and fundamental outlook for the silver market.
GBP/USD Price Analysis: Subdued Despite Climbing Above 1.2700
Article By:
Christian Borjon Valencia
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Friday, May 24, 2024 5:15 PM EDT
The British pound has erased some of its previous losses against the US dollar before rising around 0.29%, as the GBP/USD currency pair has been aiming above the 1.2700 mark after bouncing off of a daily low of 1.2674.
Canadian Dollar Pares Losses On Friday Despite Downturn In Canadian Retail Sales
Article By:
Joshua Gibson
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Friday, May 24, 2024 3:00 PM EDT
The Canadian dollar recovered ground on Friday, sparked by a shift in investor risk appetite. US Durable Goods Orders data snubbed an expected decline, and Consumer five-year Inflation Expectations in May eased slightly.
Calmer Markets Ahead Of The Weekend
Article By:
Marc Chandler
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Friday, May 24, 2024 12:45 PM EDT
The dollar is paring yesterday's advance that was spurred by the rise in US rates following the preliminary PMI, which reached its best level in two years. The dollar is in narrow trading ranges, but it's softer against nearly all the G10 currencies.
UK Market Commentary - Friday, May 24
Article By:
Patrick Munnelly
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Friday, May 24, 2024 11:29 AM EDT
On Friday, London stocks initially declined, following the trend of losses in Asian markets due to strong U.S. economic data, which raised concerns about prolonged high interest rates.
In this article: EWU
Potential ECB Cut And UK CPI Data Can Cause Drop On EURGBP Out Of An Elliott Wave Triangle
Article By:
Gregor Horvat
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Friday, May 24, 2024 11:24 AM EDT
Potential ECB Cut And UK CPI Data Can Cause Drop On EURGBP Out Of A Triangle from technical point of view and from Elliott wave perspective.
EUR/GBP Forecast: Testing Support
Article By:
Christopher Lewis
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Friday, May 24, 2024 7:13 AM EDT
The EUR has gone back and forth against the GBP during the trading session on Thursday. As we continue to pay close attention to the 0.85 level. This is an area that, if you look at it from a longer term standpoint, has been massive support.