Dollar eases after hitting highest in almost two weeks, US job data looms
By Stefano Rebaudo and Kevin Buckland TOKYO (Reuters) -The dollar edged down on Monday but remained within striking distance of its highest level in almost two weeks, as investors’ focus…
Short-term Analysis for Oil, Gold, and EURUSD for 02.09.2024
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…
Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 02.09.2024
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: expect a…
US Dollar Awaits Jobs Data. Forecast as of 02.09.2024
Should the US Federal Reserve choose to act in response to growing discontent over the cooling labor market, the August employment data will serve as a key driver for the…
Analysis-Swiss franc carry trade comes fraught with safe-haven rally risk
By Harry Robertson LONDON (Reuters) – As investors turn to the Swiss franc as an alternative to Japan’s yen to fund carry trades, the risk of the currency staging one…
Oil extends losses on weak China data, prospect of higher OPEC+ supply
By Florence Tan SINGAPORE (Reuters) -Oil prices extended losses on Monday on expectations for higher OPEC+ production starting in October and as signs of sluggish demand in China and the…
Dollar edges to two-week high vs euro as US payroll data looms
By Kevin Buckland TOKYO (Reuters) – The dollar climbed to a two-week top against the euro on Monday as traders pared bets for aggressive policy easing by the Federal Reserve…
Indonesia expects to sign $3.5 billion deals at Africa forum
JAKARTA (Reuters) – Indonesia plans to sign business deals worth $3.5 billion with African countries as it hosts the second Indonesia-Africa Forum in the resort island of Bali, the Southeast…
Oil extends losses on prospect of higher OPEC+ supply
By Florence Tan SINGAPORE (Reuters) – Oil prices extended losses on Monday with investors weighing higher OPEC+ production from October against a sharp drop in output from Libya amid sluggish…
