USD/ZAR forecast: rand surge to resume after SARB rate decision
The USD/ZAR exchange rate wavered after the Federal Reserve slashed interest rates for the first time this year. It was trading at 17.4280 up from the year-to-date low of 17.28. It remains down by nearly 13% from the YTD high.Federal
Top crypto price predictions: Pump Coin, Worldcoin, Pi Network
The crypto market remained under pressure after the Federal Reserve delivered its interest rate decision. Bitcoin remained at $116,000, while the market capitalization of all coins moved to $4.1 trillion. This article provides the forecast for some top tokens like
FTSE 100 Index: Set to crash after BoE despite Rolls-Royce share price gains
The FTSE 100 Index is doing well this year, despite the UK economy facing stagflation, high interest rates, and a risky doom loop. It has jumped by over 20% from the lowest level this year as investors wait for the
What next for the expensive Rheinmetall share price?
Rheinmetall share price has pulled back in the past few days as investors reflect on the recent buyout of NVL, a top warship company. It was trading at €1,905, a few points below the year-to-date high of €1,985. So, is
USD/NOK: Why Norwegian krone is surging after Norges Bank cut
The Norwegian krone is in a strong bullish trend this month, helped by the ongoing dollar weakness. The USD/NOK pair plunged in the last six consecutive weeks and moved to its lowest level since January 2023. It is down by
Here’s why I’d avoid the JEPI ETF and buy the low-yielding VOO instead
The JPMorgan Equity Premium ETF (JEPI) has jumped to a record high this year, helped by the strong performance of American stocks. JEPI soared by 18% from its August lows. So, is this high-yield ETF a good alternative to the
What the Fed rate cut decision mean for GLD ETF flows
Gold price was little changed in early Monday session as investors await the Fed’s interest rate decision in the new week. Even with the sideways trading, the bullish momentum remains steady with the previously evasive level of $3,600 offering strong
ARKK ETF stock: Is Cathie Wood’s flagship fund a buy today?
Cathie Wood’s Ark Innovation Fund (ARKK) stock price is doing well this year, and it recently jumped to the highest level since 2022 as technology companies thrived. The ARKK ETF stock was trading at $79.72, up by 106% from its
ULTY ETF is a 117% yielding fund, beating VOO: is it a buy?
The YieldMax Ultra Option Income Strategy ETF (ULTY) has done well this year and is hovering at the highest point on record. ULTY was trading at $5.62, up by over 54% from its lowest level in April this year. So,
SLV ETF analysis: What next for the blue-chip silver fund?
SLV silver ETF hit a fresh 14-year high on Tuesday as a weaker US dollar and a decline in Treasury yields bolster precious metals’ rallying. Investors have already priced in a September Fed rate cut of a quarter basis points.
USD/JPY forecast: traders bet on yen ahead of the BoJ, Fed decisions
The USD/JPY exchange rate pulled back this week as focus shifted to the upcoming Federal Reserve and Bank of Japan (BoJ) interest rate decision. It fell to a low of 146.25, down by almost 3% from its highest level in
Here’s why the Baidu stock price is soaring in Hong Kong
Baidu stock price surged in Hong Kong on Wednesday, reaching its highest level since September 2023 as investors cheered its semiconductor investments and as Chinese technology companies soared. It is in its fourth consecutive week of gains and has jumped
Bitfarms stock price is soaring: is it too late to buy
Bitfarms stock price has gone parabolic in the past few days, soaring to a high of $2.90, its highest level since July last year and 350% above its lowest level this year. This surge has brought its market capitalization to
Here’s why I’d avoid the JEPI ETF and buy the low-yielding VOO instead
The JPMorgan Equity Premium ETF (JEPI) has jumped to a record high this year, helped by the strong performance of American stocks. JEPI soared by 18% from its August lows. So, is this high-yield ETF a good alternative to the
Here’s why the Gemini stock may crash soon after the IPO
Gemini stock price had a highly volatile first day as a publicly traded company. It initially popped to $45 after the much-anticipated Initial Public Offering (IPO) and then ended the day at $32. Here’s why this crash could be the
Here’s why the Opendoor stock short-squeeze is gaining steam
Opendoor stock price has gone parabolic this year, adding over $5.8 billion to its market capitalization. OPEN jumped to a high of $10.70 last week, up by over 1,972% from its lowest level this year. The ongoing short-squeeze has made it
Top crypto price predictions: Avantis (AVNT), Zora, Zebec Network (ZBCN)
The crypto market started the week being under pressure as investors waited for the upcoming Federal Reserve interest rate decision, which will have an impact across all asset classes. Bitcoin price retreated to $115,000, while Ethereum was down to $4,500. This
The NYT stock was trading at $60, up by 32% from its lowest level this year
The New York Times stock price is doing well this year and is hovering near its all-time high, helped by the surging subscriptions, growing market share, and the robust activity during the Donald Trump era. The NYT stock was trading