News

EUR/JPY Price Forecast: Holds steady below 177.50, bearish technicals reinforce downside bias

The EUR/JPY cross trades on a flat note around 177.30 during the early European trading hours on Friday. Traders remain on high alert for currency intervention from Japanese authorities to prop up the Japanese Yen (JPY).

Source  Fxstreet1792126607
BoC’s Macklem says Canada has not raised rates yet as energy prices pose challenges

Bank of Canada (BoC) Governor Tiff Macklem spoke during a panel discussion at the annual meetings of the IMF and World Bank in Bangkok. Macklem said that Canada has not hikes interest rates yet but the longer elevated energy prices go, the harder that gets, Reuters reported on Friday.

Source  Fxstreet1792126548
Micron Is Down 23% From Its High. History Suggests This Is What Happens Next.

Key PointsMicron peaked in June, and a blowout Q4 earnings report hasn't helped it get back to its peak.The stock has bounced back from several drawdowns over the last decade.Inves

Source  Motley_fool1792126200
Does Nike Have the Right Strategy Moving Forward?

Nike (NYSE: NKE) is informing investors that it believes it has the right strategy in place.Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" sign

Source  Motley_fool1792126055
Ripple Prime opens 100+ RWA perp markets on Hyperliquid as HYPE rebounds

Hyperliquid (HYPE) rebounded toward $82 on Thursday after an earlier drop to $77 on hotter-than-expected US inflation. Ripple Prime now offers institutions more than 100 RWA perpetual swap markets on Hyperliquid.

Source  Fxstreet1792125938
Massive News for IonQ Stock Investors

The quantum computing pioneer is making a huge acquisition. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known ch

Source  Motley_fool1792125843
Tesla Showcases ‘Flying’ Roadster: Will 2028 Mass Production Boost TSLA Stock?

TradingKey - On October 15, US Eastern Time, Tesla (TSLA) unveiled and demonstrated the next-generation Roadster in Waco, Texas.Delayed multiple times since its initial announcement in 2017, the model

Source  Tradingkey1792125776
Why Is SoFi Stock Crashing, and is it a Generational Buying Opportunity?

Higher interest rates are bad news for SoFi (NASDAQ: SOFI) stock investors.Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a

Source  Motley_fool1792125697
India Gold price today: Gold rises, according to FXStreet data

Gold prices rose in India on Friday, according to data compiled by FXStreet.

Source  Fxstreet1792125367
Injective Price Forecast: INJ extends rally as CEO meets US policymakers to push advanced tokenization

Injective (INJ) is inching closer to $9, extending a steady rebound from the 50-day Exponential Moving Average (EMA), which was at $6.59 last week. Injective’s CEO Eric Chen met with senior US officials on Wednesday to advance tokenization and on-chain finance within US regulatory frameworks.

Source  Fxstreet1792124455
Why Global Tech Stocks Suffered a $1 Trillion Selloff This Week? Rate Hike Expectations and AI Funding Pressures Weigh on Nvidia, AMD, and SK Hynix

TradingKey - Expectations of Federal Reserve rate hikes, rising financing costs for artificial intelligence projects, and intensifying competition in memory chips simultaneously hit global tech stocks

Source  Tradingkey1792124294
New Zealand Dollar rises to near 0.5650 as Fed's Warsh gives no hint on October decision

The NZD/USD pair rises to around 0.5650 during the Asian trading hours on Friday. The US Dollar (USD) faces some selling pressure against the New Zealand Dollar (NZD) following remarks from Federal Reserve (Fed) Chair Kevin Warsh.

Source  Fxstreet1792124011
Lenders Are Getting Nervous About CoreWeave. I'd Still Buy Nvidia Stock.

Key PointsCoreWeave's unsecured notes due 2032 reportedly finished at a record yield of around 14.5% on Oct. 13.Nvidia held around 47 million CoreWeave shares on June 30.Nvidia's o

Source  Motley_fool1792123562
United States Dollar Index extends decline to near 101.80 after Fed Warsh’s remarks

The US Dollar (USD) delivers a negative reaction after remarks from Federal Reserve (Fed) Chair Kevin Warsh at the Fireside Chat with International Monetary Fund (IMF) Managing Director Kristalina Georgieva.

Source  Fxstreet1792123406
USD/JPY Price Forecast: 157.50 pivotal support holds after Warsh's remarks

The USD/JPY pair fades an Asian session uptick to the 158.15-158.20 region, sliding back below the 158.00 mark following Federal Reserve (Fed) Chair Kevin Warsh's opening remarks at the Annual Meetings of the International Monetary Fund and World Bank Group, in Bangkok.

Source  Fxstreet1792123368
Euro gains as US Dollar weakens following Fed Warsh’s comments at IMF chat

EUR/USD remains stronger after posting modest gains the previous day, trading around 1.1230 during Asian hours on Friday. The currency pair inches higher as the US Dollar (USD) declines following recent comments from key financial leaders.

Source  Fxstreet1792123286
Australian Dollar strengthens to near 0.6950 following Fed Warsh’s speech

The AUD/USD pair gains ground to near 0.6945 during the early European trading hours on Friday. The US Dollar (USD) attracts some sellers against the Australian Dollar (AUD) following a speech from Federal Reserve (Fed) Chair Kevin Warsh.

Source  Fxstreet1792122967
NZD/USD (NZDUSD) Is up 0.52% on Oct 16: Why It Happened

NZD/USD (NZDUSD) is up 0.52% at Oct 16 23:50(ET), now at $0.56485, with a 7-day up of 0.68%.What is driving NZD/USD (NZDUSD)’s stock price up today?The New Zealand dollar advanced against the US dolla

Source  Tradingkey1792122612
Breaking: Fed’s Warsh says he would deliver price stability, but won’t pre-judge meetings

Federal Reserve Bank Chairman Kevin Warsh participates in a conversation with IMF Managing Director Kristalina Georgieva on Friday at the Fireside Chat with the International Monetary Fund (IMF) Managing Director Kristalina Georgieva, Bangkok, Thailand.

Source  Fxstreet1792122371
Ethereum (ETHUSD) Is down 1.00% on Oct 16: What Are the Risk Factors?

Ethereum (ETHUSD) is down 1.00% at Oct 16 23:40(ET), now at $2427.41, with a 7-day down of 2.15%.What is driving Ethereum (ETHUSD)’s stock price down today?Recent macroeconomic headwinds, driven by pe

Source  Tradingkey1792122013
US Treasury Official says Japan no longer faces deflation, Yen and monetary policy must adjust

US Treasury Undersecretary for International ‌Affairs, Erin Browne, said on Friday that Japan is no longer faces deflationary environment, and the Japanese Yen (JPY) level and monetary policy must change along with that.

Source  Fxstreet1792121972
Top 3 Price Predictions: Bitcoin, Ethereum, Ripple – BTC holds $80,500, ETH rebounds from key support, XRP weakens

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) show mixed price action on Friday, with BTC and ETH holding above key support levels while XRP struggles below key resistance.

Source  Fxstreet1792121593
Gold bulls stay cautious as US bond yields and USD hold steady ahead of Warsh's speech

Gold (XAU/USD) reverses a modest Asian session dip on Friday, though any meaningful appreciation seems elusive amid a modest US Dollar (USD) uptick. The energy-driven acceleration in US inflation lifted market bets for an imminent rate hike by the Federal Reserve (Fed).

Source  Fxstreet1792121091
OpenAI's 2026 Revenue Estimate Just Got Cut by $20 Billion. Anthropic's Quarterly Revenue Just Climbed to $16.8 Billion.

Key PointsAhead of its expected IPO in November, Anthropic told investors it earned $16.8 billion in revenue in the third quarter. OpenAI is pushing its IPO back to 2027 and now se

Source  Motley_fool1792120800
GBP/USD Price Forecast: Extends recovery to near 1.3300 ahead of Fed Warsh’s speech

The British Pound (GBP) is marginally higher to near 1.3285 against the US Dollar (USD) in the Asian trade on Friday, extending its Thursday’s strong recovery move. The GBP/USD pair has bounced back sharply from its fresh 10-month low of 1.3137 posted on Wednesday at the expense of the US Dollar.

Source  Fxstreet1792120424
Silver Price Forecast: XAG/USD rises above $57.50 amid safe-haven demand

Silver price (XAG/USD) extends its gains for the second consecutive day, trading around $57.80 per troy ounce during Asian hours on Friday. Silver prices advanced as a sharp selloff in equity markets triggered renewed safe-haven demand for precious metals.

Source  Fxstreet1792120177
IMF’s Georgieva: Northern countries need to rebuild their fuel reserves as winter is coming

The International Monetary Fund (IMF) Managing Director  Kristalina Georgieva said on Friday that Northern countries must rebuild depleted fuel and strategic energy reserves as winter approaches.

Source  Fxstreet1792119647
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