Bearish

Bank of America (BofA) forecasted that the exchange rate is expected to increase, projecting a rise to 7.35 by the second quarter of 2024 and reaching a peak of 7.45 by the third quarter of the same year. The bank's outlook is based on…

Dogecoin investors have recently seen the crypto stalling at the $0.2 mark as bullish sentiment amongst whales and other traders starts to falter. Interestingly, DOGE has yet to have a tangible breakout above the $0.2 mark since…

In case you missed our latest Global Market Weekly Recap, you should know that Japanese officials like BOJ members and its top currency diplomat have hinted that they’re uncomfortable with the yen’s sharp and sustained downswings. …

BOJ officials aren't playing around and yen traders are taking notice! In case you missed it, hawkish sentiments from Japanese officials upped the odds of the Bank of Japan (BOJ) exiting its negative interest rate policies sooner than…

On-chain data shows a Polygon whale has made a sizeable deposit to the cryptocurrency exchange Binance, a sign that may be bearish for MATIC. Polygon Whale Has Deposited $13.7M Worth Of MATIC To Binance…

SMCI dailyThe shares of Super Micro Computer have been a GME-style phenomenon in the last month, tripling as shares rose nearly every day. They touched $1080 in the pre-market but it's been a rush to exits.There is major options trading in…

JAPANESE YEN OUTLOOK – USD/JPY, EUR/JPY, GBP/JPYThe yen (JPY) weakens across the board following dovish comments from a key Bank of Japan official.Indications that the BoJ will not hike aggressively when it exits negative rates should be…

Bitcoin price may still be correcting as many predicted it would after the SEC approved several Bitcoin ETFs on Jan. 10. But the halving this year will exert its own influence over crypto exchange rates. After crashing 15% from the Jan. 10 …

Traders celebrating a record-setting day of shorting volatility.Reuters / Charles PlatiauThe stock market's once-in-a-generation buy opportunity is approaching, RBA said.The investment firm pointed to expectations for anemic big tech…

© Reuters. By Ketki Saxena Investing.com -- The Canadian Dollar continued to weaken against its US counterpart today, rising treasury yields, rising risk aversion, and hotter-than-expected retail sales boosted the safe-haven…