Oil rebounds on Mideast tensions but China data caps gains
By Florence Tan SINGAPORE (Reuters) – Oil futures clawed back some losses on Wednesday, recovering from 7-week lows as geopolitical tensions rose after Israel retaliated against an attack by Hezbollah,…
Another Prop Firm, This Time Crypto-Focused, Enters the Futures Market
Crypto Fund Trader has joined the ranks of prop trading firms offering futures contracts to their clients. The crypto-focused investing service provider revealed that it will launch its “Crypto Futures…
Yen rises sharply after BOJ decision, Ueda’s press conference
By Rae Wee SINGAPORE (Reuters) -The yen swung between gains and losses on Wednesday after the Bank of Japan (BOJ) raised interest rates at the conclusion of its two-day monetary…
Short-term Analysis for Oil, Gold, and EURUSD for 31.07.2024
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…
Fraud Recovery Scams and ‘Pig Butchering’ Attract CFTC’s Attention
The Commodity Futures Trading Commission (CFTC) is alerting the public against rampant financial scams and frauds targeting common people. Yesterday (Tuesday), the regulator’s Office of Customer Education and Outreach (OCEO)…
Aiming to Become “Robinhood of Europe,” They Withdrew from Prop Trading
Bullo, a financial technology startup, announced today it has completed its Series A funding round and will temporarily suspend its proprietary trading services as it pursues regulatory licensing in multiple…
Director’s “Cavalier Attitude” Leads to 10-Year ASIC Ban, License Loss
The Australian Securities and Investments Commission (ASIC) has taken decisive action against United Global Capital Pty Ltd (UGC) and its director, banning Joel James Hewish from the financial services industry…
Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 31.07.2024
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: Highlights and key points BTCUSD: an ascending…
Euro Zone Growth Surpasses Expectations Amid Challenges
The Euro zone growth has been a focal point of economic discussions recently. In the second quarter of 2024, the region’s economy grew by 0.3%, surpassing expectations despite the challenges…
US Dollar Awaits Guidance from Fed. Forecast as of 31.07.2024
No matter how much pain the European economy is experiencing and how much global risk appetite is deteriorating, the approaching start of the Fed’s monetary expansion is limiting the EURUSD‘s…
