USD/TRY analysis as Goldman Sachs warns on lira carry trade
The Turkish lira has slipped against the US dollar as Goldman Sachs analysts warned about the best-performing carry trade. The USD/TRY exchange rate was trading at 39.25, up by 11%…
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DXY: Will the US dollar index crash as Morgan Stanley predicts?
The US Dollar Index (DXY) has moved into a correction after falling by 10% from its highest point this year, and Morgan Stanley believes it has more downside to go…
IAG share price forecast as transatlantic demand starts to recover
IAG share price has remained under pressure in the past few weeks as investors focused on transatlantic travel amid the ongoing trade tensions between the US and China. It was…
Brent crude oil price forecast after the OPEC+ supply cut
Brent crude oil price crashed on Friday amid rising trade tensions, and the downtrend may continue after the latest OPEC+ meeting. It dropped to $62.60 on Friday, down by 25%…
Adobe stock price is cheap: is it a good buy?
Adobe stock price has underperformed the broader market and other companies in the software-as-a-service (SaaS) industry like Microsoft, ServiceNow, and Salesforce. It has dropped by over 35% from its highest…
USD/CNY forecast: China renminbi to surge as death cross forms
The USD/CNY exchange rate retreated from the year-to-date high of 7.3500 on April 10 to a low of 7.20 as traders focused on the trade relations between China and the…
USD/CAD forecast as Canada prepares for Trump 50% steel tariffs
The USD/CAD exchange rate has crashed this year as the US dollar index (DXY) has plunged from $110 earlier this year to $99. It has dropped from 1.4790 on February…
Bitcoin price prediction for June: Will BTC rise or fall in June?
Bitcoin price performed strongly in May, jumping to a record high of $111,900. At its highest point, it was up by over 50% from its lowest point in April, when…
Upwork stock price risky pattern points to a 30% crash
The Upwork stock price has pulled back in the past few days as investors assessed its growth trajectory. UPWK dropped to a low of $15.6 on Thursday, its lowest level…
USD/ZAR: South African rand outlook before SARB decision
The USD/ZAR exchange rate continues to soar after last week’s meeting between Donald Trump and Cyril Ramaphosa in Washington. It plunged from a high of 19.93 on April 9 to…