Dollar edges higher on Trump ascendancy; ECB meeting looms
Investing.com – The U.S. dollar edged higher in early European trade Tuesday, climbing away from one-month lows as traders digested the increased chance of former President Donald Trump returning to…
Disney Stock Forecast: 2024 and Beyond
Disney stocks have been a favorite among investors for decades. After all, The Walt Disney Company is a steady member of major US indices, such as the S&P 500 (it’s…
386 Firms, 30 Countries, 8 Million Traders: Inside EU’s Investment Passport
A new report from the European Securities and Markets Authority (ESMA) has unveiled a complex picture of cross-border investment services in the EU, with Cyprus emerging as the primary hub…
1 in 5 EU Cross-Border Investment Firms’ Retail Traders are German
A new report from the European Securities and Markets Authority (ESMA) has unveiled a complex picture of cross-border investment services in the EU, with Cyprus emerging as the primary hub…
Oil falls on lingering demand concerns in China
By Arathy Somasekhar and Trixie Yap (Reuters) -Oil prices slipped on Tuesday on worries about a slowing Chinese economy crimping demand, though a growing consensus that the U.S. Federal Reserve…
Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 16.07.2024
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: A…
Trump Trade Saves US Dollar. Forecast as of 16.07.2024
If it weren’t for the Trump trade, EURUSD quotes would have soared above 1.1. The derivatives market is fully confident of a Fed rate cut in September and is counting on…
Gold prices rise, close to record highs as rate cut bets mount
Investing.com– Gold prices rose in Asian trade on Tuesday, coming within sight of new highs amid increased bets that the Federal Reserve will begin cutting rates from September. But gains…
Asia FX muted as dollar perseveres; yen on intervention watch
Investing.com– Most Asian currencies moved in a flat-to-low range on Tuesday as speculation over a Donald Trump presidency helped the dollar rise past increased bets on interest rate cuts. The…
Oil prices fall on lingering Chinese demand concerns
By Arathy Somasekhar and Trixie Yap (Reuters) -Oil prices slipped on Tuesday on worries about a slowing Chinese economy crimping demand, though a growing consensus that the U.S. Federal Reserve…