Billion-Dollar Balance Sheet Fuels Plus500’s Newest Buyback

Plus500 Ltd announced today (Tuesday) a new share buyback program totaling up to $110 million. It follows a recently completed $100 million buyback initiative announced in February and is part…

Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 27.08.2024

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 bullish…

Oil pauses gains after surging on Libyan outages, Middle East tension

By Colleen Howe and Emily Chow BEIJING (Reuters) -Oil prices paused recent advances to trade in a range on Tuesday, after a surge of more than 7% in the previous…

EURUSD Surges on Improved Market Optimism. Forecast as of 27.08.2024

Investors are paying close attention to the upcoming start of the Fed’s monetary expansion cycle and have temporarily set aside concerns about the US presidential election. The associated uncertainty may…

Dollar slips as traders weigh Middle East risks, US rate cuts

By Rae Wee SINGAPORE (Reuters) -The dollar and yen eased on Tuesday, paring some of their safe-haven gains from the start of the week in the wake of a major…

Oil pauses gains after surging on Libyan outages, Middle East tensions

By Colleen Howe and Emily Chow BEIJING (Reuters) -Oil prices paused their recent advances, receding on Tuesday after surging more than 7% in the previous three sessions on supply concerns…

My Forex Funds Case Gets Senator’s Interest: CFTC Chair Must Clarify “Process, Procedure”

The alleged misconduct of the Commodity Futures Trading Commission (CFTC) in the My Forex Funds case has now caught the attention of US lawmakers. Last week, Republican Senator from Iowa,…

Gold weakens, but rate cut bets, safe haven demand keep prices above $2,500

Investing.com– Gold prices fell in Asian trade on Tuesday amid some pressure from a rebound in the dollar, although the prospect of lower interest rates and increased safe haven demand…

Asia FX weakens amid China trade jitters; yen rally stalls

Investing.com– Most Asian currencies weakened on Tuesday as new Canadian trade tariffs on China ramped up fears of a trade war, while a rally in the Japanese yen was hampered…

Oil prices pause after surging on Libyan outages, Middle East tensions

By Colleen Howe BEIJING (Reuters) – Oil prices paused their recent advances, receding in Asian trading on Tuesday after surging more than 7% in the previous three sessions on supply…