Indian importers favour FX options as rupee holds steady, premiums soar

By Nimesh Vora and Jaspreet Kalra MUMBAI (Reuters) – Indian importers are exploring options strategies to hedge against currency risks amid muted volatility in the rupee, moving away from outright…

Increased Costs Lead to 60% Profit Drop for Capital.com UK in 2023 despite Higher Revenue

Capital.com’s UK branch has published its financial results for 2023, reporting a significant decrease in net profit compared to the previous year. Although revenue saw a modest increase, income shrank…

Capital.com UK’s Profit Drops Over 60% in 2023

Capital.com’s UK branch has published its financial results for 2023, reporting a significant decrease in net profit compared to the previous year. Although revenue saw a modest increase, income shrank…

Oil recovers after slide as US inventory drop, storm support

By Alex Lawler LONDON (Reuters) -Oil climbed more than 1% on Wednesday, paring some of the previous day’s losses, as a drop in U.S. crude inventories and concern about Hurricane…

Iran’s president visits Iraq on his first foreign trip

By Elwely Elwelly BAGHDAD (Reuters) -Iranian President Masoud Pezeshkian visited Iraq on Wednesday on his first foreign trip, signalling his intention to strengthen ties with a strategic ally of both…

BCA Research predicts US dollar rebound amid global trade worries

BCA Research provided insights into the anticipated monetary policy actions by central banks in China and the United States. The research firm expects Chinese authorities to lower interest rates on…

Short-term Analysis for Oil, Gold, and EURUSD for 11.09.2024

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…

LCG UK Increases Revenue, but Net Loss Deepens by 30% in 2022

The UK branch of LCG published its financial results for 2022, showing an increase in revenue but a deepening net loss. The company managed to earn just under £2 million,…

Oil prices recover on hurricane supply disruption fears

By Yuka Obayashi TOKYO (Reuters) – Oil prices climbed on Wednesday, paring some of the previous day’s losses, as concerns about Hurricane Francine disrupting output in the U.S., the world’s…

Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 11.09.2024

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: an…