Tag Archives: energy

EUR/JPY drops after facing barricades around 137.00, ECB on track to hike rates

EUR/JPY is declining gradually after failing to sustain above the critical hurdle of 137.00. The shared currency bulls are facing the heat as German Lindner has displayed a gloomy Eurozone outlook. Despite the prolonged ultra-loose monetary policy, the BOJ is failing to inflation rate above 2%. The EUR/JPY pair has slipped to near 136.85 after… Read More »

Plug Power Stock Forecast: Inflation Reduction Act excitement lifts PLUG ahead of earnings

Plug Power is set to deliver Q2 earnings after the market closes on August 9. Wall Street expects $-0.20 EPS on $164 million in revenue. PLUG stock should benefit from tax credits in the new clean energy bill. It is not every day that a company’s stock price increases heading into earnings that have been… Read More »