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Month: January 2024

Cryptocurrencies

Here are 10 of Morningstar’s top undervalued stocks

After the stock market’s surge last year, with the S&P 500 jumping 24%, you might think all the bargains are gone. But that’s not the case, according to Morningstar.  “While we forecast that the rate Read more…

By , 2 years ago January 5, 2024
Cryptocurrencies

EUR/USD Slips, Eurozone Inflation Rises

Eurozone inflation rises, core rate dips US nonfarm payrolls expected to drop to 177,000 The euro is in negative territory on Friday. In the European session, EUR/USD is trading at 1.0908, down 0.33%. Eurozone inflation Read more…

By , 2 years ago January 5, 2024
Cryptocurrencies

Apple slides on Foxconn outlook as Microsoft nears market-cap takeover

Apple  (AAPL) – Get Free Report shares extended declines Friday, with the stock losing more than $165 billion in value so far this week, after its key supply partner forecast a rare revenue decline amid stagnant Read more…

By , 2 years ago January 5, 2024
Cryptocurrencies

5-star analysts deliver a blunt warning about Apple’s stock

Apple’s stock performance in 2023 was so strong, and its impact on the market is so enormous, that it spearheaded the Magnificent 7, a collection of technology companies considered primarily responsible for most of the Read more…

By , 2 years ago January 5, 2024
Cryptocurrencies

Stock Market Today: Stocks slide, 10-year-note yields top 4% into jobs report

Check back for updates throughout the trading day U.S. equity futures extended declines Friday, while Treasury yields rose to the highest levels in a month and the dollar added to gains against its global peers, Read more…

By , 2 years ago January 5, 2024
Cryptocurrencies

GBPJPY Bullish Near the Top of a Short-term Range

GBPJPY meets former resistance after quick bounce Technical signals endorse a bullish breakout GBPJPY pivoted swiftly near its 200-day simple moving average (SMA) and recovered a three-week-old soft downturn but despite that, it’s still struggling Read more…

By , 2 years ago January 5, 2024
Cryptocurrencies

USDCHF Sustains Weekly Gains Ahead of Jobs Data

USDCHF’s rebound is not convincing yet  A continuation above 20-SMA could boost sentiment US nonfarm payrolls report due at 13:30 GMT USDCHF is set to close the first week of the year within the positive Read more…

By , 2 years ago January 5, 2024
Cryptocurrencies

Could US 500 Cash Index Correction Have Legs?

US 500 index is in the red again today Correction underway since touching the 4,796 high Momentum indicators support the current bearish move The US 500 cash index is trying to record its sixth consecutive Read more…

By , 2 years ago January 5, 2024
Cryptocurrencies

USD/JPY: The Price Reaches Resistance at 145 Yen per US Dollar

As of Friday morning, the situation on the USD/JPY market deserves attention: → the US dollar is on course to demonstrate its strongest week since July 2023. The media writes that markets are adjusting expectations Read more…

By , 2 years ago January 5, 2024
Cryptocurrencies

USD/CAD Price Analysis: Refreshes Two-Week High Ahead of US/Canada Employment Data

USD/CAD has climbed to near 1.3380 as investors turn anxious ahead of US labor market data. The Unemployment Rate in the US and Canada in December is seen at 3.8% and 5.9% respectively. A decisive Read more…

By , 2 years ago January 5, 2024

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