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Analysts Downgrade AAPL Shares
According to Yahoo Finance, Barclays analysts downgraded AAPL shares to “underweight” and lowered their price forecast: they expect the share price to drop to USD 160 (although AAPL traded above USD 184 yesterday).
Analysts justified their decision by their...
Traders Adjust Their Expectations for Fed Action
From the beginning of November to the end of December 2023, the dollar index futures price fell by approximately 5.5%, according to the CME exchange. The weakening of the USD was caused by the sentiment of traders who expected the Fed to cut...
EUR/USD, GBP/USD, and USD/JPY Market Analysis
Today, investors are focusing on the December minutes of the US Federal Reserve meeting, which will help clarify the regulator’s plans for the near future: more than 70.0% of analysts expect that officials may resume the program to reduce borrowing...
2024 Is All About Interest Rate Policy, but Who Is Right?
There are high hopes for the year ahead, especially given that 2023 was mostly a period in which rebuilding Western economies was steady and relatively progressive within the financial markets.
Britain slowly moved forward, away from...
Bitcoin Price Starts the Year with Bullish Sentiment
The first Bitcoin block, also known as the genesis block, was mined on January 3, 2009 at 18:15:05 UTC. 15 years have passed and the value of Bitcoin is in the tens of thousands of US dollars.
In the first days of 2023, bitcoin was worth...
Market Analysis: GBP/USD Retreats From Highs, USD/CAD Grinds Higher
GBP/USD declined below the 1.2715 support zone. USD/CAD is rising and might aim for more gains above the 1.3330 resistance.
Important Takeaways for GBP/USD and USD/CAD Analysis Today
The British Pound started a fresh...
To be able to become a successful trader in the business of Forex trading is not going to be easy and we will need to make consistent Efforts in the markets.
We will have to understand the importance of doing our trades with the help of a good trading based plan that can give us more profits into the markets.
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