Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 18.09.2024
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: the price…
EURUSD Poised to Plunge Ahead of Fed Cut. Forecast as of 18.09.2024
Investors anticipate that a larger reduction in interest rates by the Fed will have a more positive impact on stock performance and a negative impact on the value of the…
Dollar drops vs yen, Asia stocks struggle as Fed looms
By Kevin Buckland TOKYO (Reuters) -The dollar ceded some of its overnight gains on Wednesday while Asian stocks struggled as traders weighed the odds of a super-sized Federal Reserve interest…
Dollar wobbles ahead of Fed decision
By Tom Westbrook SINGAPORE (Reuters) -The dollar wavered on Wednesday, while the yen regained some lost ground as investors made last-minute tweaks to positions ahead of a policy meeting expected…
Oil prices set to snap two-day winning streak ahead of Fed decision
By Yuka Obayashi TOKYO (Reuters) -Oil prices fell on Wednesday and were set to snap a two-session winning streak ahead of a likely interest rate cut by the U.S. Federal…
Gold prices edge higher, record highs in sight amid rate cut bets
Investing.com– Gold prices rose slightly in Asian trade on Wednesday, keeping recent record highs in sight as traders waited to see just by how much the Federal Reserve will cut…
Asia FX firm, dollar drifts lower with Fed rate cut in sight
Investing.com– Most Asian currencies firmed on Wednesday, while the dollar retreated as markets positioned for a widely expected interest rate cut by the Federal Reserve later in the day. Market…
Oil prices steady, with investors focusing on Fed decision
By Yuka Obayashi TOKYO (Reuters) – Oil prices steadied on Wednesday, after rising in the previous two sessions, as investors await the U.S. Federal Reserve’s anticipated interest rate cut, with…
Oil prices fall on signs of US inventory build; rate cut in focus
Investing.com– Oil prices fell in Asian trade on Wednesday, cutting short a recent rebound as industry data showed an unexpected increase in U.S. inventories. But prices were sitting on strong…
Economic calendar for the week 23.09.2024 – 29.09.2024
Last week was marked by meetings of four major world central banks, with the Fed’s meeting stealing the spotlight. Now, market participants are grappling with understanding whether the Fed’s leaders…
