USD/NOK analysis ahead of the Norges Bank rates decision
The USD/NOK exchange rate jumped to its highest level since March 2020 as crude oil prices dropped and as the US dollar index surged. The pair was trading at 11.35…
Bank of Japan holds rates steady amid inflation pressures, JPY hits one month low
On Thursday, the Bank of Japan (BOJ) maintained its benchmark interest rate at 0.25%, citing uncertainties in Japan’s economic activity and pricing dynamics. The move comes as the yen weakened…
USD/ZAR: South African rand sits at key level after hawkish Fed
The South African rand has remained on edge as emerging market currencies slumped after the hawkish Federal Reserve interest rate decision. The USD/ZAR exchange rate rose to a high of…
South Korean won hits 15-year low: here’s why
The South Korean won plunged to its weakest level in 15 years on Thursday, reflecting heightened economic and political risks. The currency was trading at 1,449.9 per dollar in early…
New Zealand sinks into recession as Q3 GDP falls 1%
New Zealand’s economy contracted sharply in the third quarter of 2024, with GDP plummeting by 1.0% compared to the previous quarter, according to government data. This contraction dwarfed market expectations…
Apple explores AI partnership with Tencent and ByteDance in China
Apple is reportedly in discussions with Tencent and ByteDance to integrate their artificial intelligence models into iPhones sold in China. The move comes as the company aims to navigate China’s…
Is Starbucks exiting India? Tata Consumer dismisses rumours
Indian FMCG major Tata Consumer has denied reports that US coffee giant Starbucks is looking to exit India. The company on Thursday morning said that the reports are “baseless.” “The…
iDEGEN price outlook: IDGN dominates trends as PEPE and DOGE lose appeal
Digital assets witness a bloodbath as prices slump following the US Fed’s hawkish signals. While enthusiasts exit meme Dogecoin and PEPE, the focus has switched to iDEGEN – a crypto…
SMCI stock forecast 2025: key Super Micro levels to watch
The post SMCI stock forecast 2025: key Super Micro levels to watch appeared first on Invezz