Yen slides to fresh lows, market ‘challenges’ Japan authorities to act
By Kevin Buckland and Amanda Cooper TOKYO/LONDON (Reuters) -The yen hit a fresh 38-year trough against the dollar and a record low to the euro on Wednesday, as the currency…
Dollar slips after dovish Powell speech; euro gains ahead of French vote
Investing.com – The U.S. dollar retreated in early European trade Wednesday after Federal Reserve Chair Jerome Powell flagged progress towards bringing down inflation, while the euro edged higher ahead of…
Rupee to trade in narrowest range in about 30 years on RBI’s actions: Reuters poll
By Anant Chandak BENGALURU (Reuters) – The Indian rupee will trade within the narrowest range in nearly three decades over the coming year as the Reserve Bank of India (RBI)…
Short-term Analysis for Oil, Gold, and EURUSD for 03.07.2024
I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the…
Robinhood Eyes Bitcoin Futures Launch in Europe and US
Robinhood Markets Inc., the popular commission-free trading platform, is making moves in expanding its cryptocurrency offerings and geographical reach. The company has launched its services in Hawaii, Puerto Rico, and…
Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 03.07.2024
Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. The article covers the following subjects: Elliott Wave analysis for Bitcoin The…
Yen slides to fresh lows as Japan authorities stick to sidelines
By Kevin Buckland TOKYO (Reuters) – The dollar remained on the back foot on Wednesday after dovish comments from Federal Reserve Chair Jerome Powell sent U.S. bond yields lower, overshadowing…
Equals Group H1 Revenue Hits £60 Million, Up 33% Year-on-Year
Equals Group plc (AIM: EQLS), a publicly listed fintech payments company, announced a visible revenue jump for the first half of 2024 in a trading update released today (Wednesday). Revenue…
US Dollar Soars on Fed Fears. Forecast as of 03.07.2024
Politics may become one of the reasons for a federal funds rate cut in September. Donald Trump is steadily moving towards the US President’s chair, and the Fed may want…
Dollar Index Rises Amid Trump Optimism
The Dollar Index rose sharply amid growing Trump optimism, reflecting heightened expectations of a second Donald Trump presidency. Investors reacted positively to recent political developments and economic indicators, driving the…