Investing

Investing
Investing

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 over 15% from the highest point this year. Norges Central Bank interest rate cut The

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Investing

Circle stock price forecast: headwinds arise amid Fed cuts

The Circle stock price has pulled back in the past few months, moving from the record high of $298.54 in June to $130 today, erasing billions of dollars in value. This article explores what to expect now that the Federal Reserve has started cutting interest rates. Federal Reserve interest rates and stablecoins Circle, the second-biggest

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Investing

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, is this high-yielding ETF a good buy? How the ULTY ETF works The YieldMax Ultra

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Investing

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 July. Federal Reserve interest rate decision  The USD/JPY exchange rate pulled back sharply as traders

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Investing

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. However, they are still seeking clues on the number of subsequent cuts before the year

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Investing

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 by almost 80% from the lowest level this year. Baidu stock price jumps after analysts

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Investing

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 over $1.6 billion. Bitfarms stock price analysis  The daily timeframe chart shows that the BITF

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Nio stock price forecast: why it is soaring and what next

Nio stock price continued its strong surge as investors piled into Chinese technology companies. It jumped to a high of $7, its highest level since October last year, and 133% above the year-to-date low.  Nio’s growth is accelerating The Nio stock price has jumped in the past few months as investors have embraced a risk-on

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Investing

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 article provides a forecast on some key tokens like Avantis (AVNT), Zora (ZORA), and

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Investing

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 at $60, up by 32% from its lowest level this year, giving it a market

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