Plug Power stock price has rebounded and formed the highly bullish golden cross pattern on the daily chart. PLUG was trading at $1.70 on Friday, up by 150% from its lowest point this year. So, is PLUG a good company to buy today?Plug Power stock price technical analysisThe daily chart…
The USD/IDR exchange rate remained in a tight range this week as investors waited for the upcoming Bank of Indonesia (BoI) interest rate decision and the Jackson Hole Symposium in Wyoming. It was trading at 16,230, higher than this week’s low of 16,100.Bank of Indonesia central bank decision The USD/IDR exchange…
The Zimbabwe ZiG currency has moved sideways this year as it outperformed many of its peer currencies. Data provided by the central bank shows that the exchange was trading at 26.7 today, August 19, where it has remained in the past few months. Zimbabwe ZiG helped by key tailwindsThe Zimbabwe ZiG…
The IAG share price continued its strong surge this month, building on a trend that began in October 2022, when it hit a low of 88p. It has jumped by 345% to the current 390p, its highest point since January 2020 and a few points below the all-time high of…
The Rolls-Royce share price has moved sideways this month as the recent surge faded. It dropped to a low of 1,067p on Tuesday, down from the year-to-date high of 1,110p. This article explores the top reasons why the stock may be on the cusp of a brief reversal. Rolls-Royce share price…
The USD/CAD exchange rate has held steady in the past few weeks as market participants react to the US and Canada trade war and the actions of the respective central banks. Here are the top three catalysts for the USD to CAD exchange rate this week.Canada consumer inflation dataThe first…
A tense calm has settled over Asian markets on Monday, with shares and crude oil drifting lower as investors watch the opening moves in a new, high-stakes chapter of global diplomacy. After a suspenseful US-Russia summit ended without a clear resolution, the world now turns its focus to Washington, where…
Asia, a continent heavily reliant on coal for its power mix, is facing a formidable challenge in achieving net-zero emissions. With 54% of the region’s electricity generated from coal last year, a significant shift is needed, according to Rystad Energy’s latest update. In a proactive move to reduce emissions, several Asian nations…
Adidas stock price has collapsed this year as concerns about its growth continued. It plunged to a low of €160, down by over 38% from its highest point this year. It has underperformed Nike, the embattled company whose stock has jumped by 48% from the YTD low.Why Adidas stock price…
Australia’s largest airline, Qantas Airways, was ordered by a federal court on Monday to pay a record fine of A$90 million ($58.6 million) for unlawfully dismissing 1,800 ground staff during the Covid-19 pandemic, marking the biggest penalty in the history of the nation’s labour laws.The ruling by Justice Michael Lee…