Investing

Investing
Investing

USD/INR forecast: How low can the Indian rupee get?

The Indian rupee rose modestly on Monday as investors rushed to buy the dip, hoping that the Reserve Bank of India (RBI) would intervene. The USD/INR exchange rate dropped to a low of 89.15, down from last week’s high of 89.70. Why the Indian rupee is plunging  The Indian rupee has been in a strong

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Investing

Here’s why Tata Consultancy Services share price is ripe for a comeback

Tata Consultancy Services share price is staging a slow comeback in the past few weeks. After bottoming at ₹2,856 in October, TCS has rebounded by over 10% to the current ₹3,155. So, will this rally continue as it formed a bullish pattern? Tata Consultancy Services has faced challenges this year TCS, one of the top

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Investing

Here’s why the Rolls-Royce share price has moved into a correction

Rolls-Royce share price has pulled back in the past few weeks, moving from the year-to-date high of 1,194p in September to the current 1,038p. It has moved into a correction after falling by over 13% from its highest point this year.  Rolls-Royce share price technical analysis explains the recent retreat The Rolls-Royce stock price has

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Investing

Top FTSE 100 Index shares to watch: EasyJet, Anglo American, Kingfisher

The FTSE 100 Index has come under intense pressure in the past few days as global stocks have become highly volatile. It dropped to a low of £9,540, down by over 4% from its highest point this year. This article explores some of the top FTSE 100 stocks to watch this week. Anglo American is

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Investing

Top catalysts for the S&P 500 Index, SPY, and VOO ETFs this week

The S&P 500 Index was highly volatile last week as market participants reacted to key statements from Federal Reserve officials, the closely-watched Nvidia earnings, and the ongoing crypto market crash. It ended the week at $6.600, down by 4.50% from the year-to-date high of $6.915.  This article looks at some of the top catalysts for

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Investing

What next for Oklo stock price after the $13 billion wipeout?

Oklo stock price has nosedived in the past few weeks, erasing over $12 billion in value as the market cap dropped from $25.7 billion in October to $13.7 billion. It has plunged from a high of $193 in October to $88 today. Oklo stock dropped as investors sold shares One reason why the Oklo share

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Investing

DXY Index forecast: here’s why US Dollar is set for more gains

The US Dollar Index (DXY) continued its strong rebound this month and is now hovering near its highest point since May 29. It has jumped by over 4% from the year-to-date low and technicals suggest that it has more upside. US Dollar Index technical analysis The daily timeframe chart shows that the DXY Index has

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Investing

Plug Power stock price has crashed: is it a bargain or a value trap?

Plug Power stock price has been in a strong freefall in the past few months, moving from a high of $4.57 in October to the current $1.98. Its market cap has dropped from the year-to-date high of $4.9 billion to the current $2.76 billion.  Why PLUG stock has crashed Plug Power stock price has been

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Gold’s GLD ETF inflows soar despite short-term pullback

Gold price has held in a tight range as the bulls lack enough momentum to retest the support-turn-resistance zone of $4,200. Notably, a stronger US dollar and expectations of a hawkish Federal Reserve have curbed the bullion’s gains, at least in the short term.  However, gold’s safe-haven appeal remains steady as investors worry about the

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Investing

Zoom stock price analysis: is ZM a buy ahead of earnings?

Zoom stock price has remained in a deep consolidation phase in the past few years as demand for its services waned. It has remained inside the support and resistance levels at $56.27 and $91 since 2022.  ZM stock was trading at $78.64, down by over 86% from its highest level since 2020. In contrast, the

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