BofA

Bank of America (BofA) has released its forecast for the currency market, predicting that the EUR/USD exchange rate will reach 1.12 by the end of the year. The bank's analysts expect most of the euro's appreciation to occur in…

Bank of America reported that investors sold the US dollar broadly last week, influenced by slightly positive economic indicators from the United States. The move came in response to somewhat encouraging US inflation data and…

Bank of America (BofA) analysts provided insights into currency market trends, pointing to a significant rally in the pair last week. This increase is due to the weak US CPI report. Bank of America signals indicate that the uptrend for…

Bank of America (BofA) has shifted its stance to a bullish view on EURCAD () for the current week. The bank's positioning analysis indicates that the immediate upside trend is expected to continue. In addition, Bank of America's…

Bank of America (BofA) analysts on Monday provided insights into the current state of the G10 foreign exchange (FX) markets, citing a general feeling of disappointment among investors over the lack of market volatility. Despite the recent…

Bank of America (BofA) on Monday provided insight into potential actions for commodity trading advisors (CTAs) next week. According to Bank of America, CTAs may continue to sell the US dollar (USD) against most currencies following the…

Bank of America's latest analysis points to a bullish outlook for the Indian Rupee (INR) as the country heads into the elections. The fundamental outlook appears strong, supported by improvement in the current account and clear debt…

OpenAI, the maker of ChatGPT, held a “Spring Update” event on Monday, where it announced a new desktop app, updated web UI, and the launch of its most advanced model, GPT-4o.The demo showed how high-end devices, ranging from Macs and…

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…

nuttapong Sea's (NYSE:SE) stock rose about 6% premarket on Monday after BofA upgraded the shares to Buy from Neutral citing improving momentum. The firm set a $70 price target on the Singapore-based company, which operates the…