Axi Enters India with a New Office
Axi, an Australia-headquartered forex and contracts for differences (CFDs) broker, has expanded its physical presence by opening a new office in Bangalore, India. Although confirmed today (Monday), the India office…
Short-term Analysis for Oil, Gold, and EURUSD for 23.09.2024
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 23.09.2024
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…
US Dollar Declines After Fed’s Aggressive Cut. Forecast as of 23.09.2024
The Fed’s new approach to saving the economy from recession with an aggressive move contrasts with the cautious stance of the ECB and other central banks, which allows the EURUSD…
Bitcoin jumps to one-month high and yen grinds even lower
SINGAPORE (Reuters) -Bitcoin was the notable mover as it reached for one-month highs on Monday, sustaining its rally after the Federal Reserve’s super-sized rate cut last week, while the yen…
Oil climbs on Middle East escalation fears, US Fed rate cut
SINGAPORE (Reuters) – Oil prices gained slightly during early trade on Monday, boosted by concerns conflict in the Middle East may impact supply in the key producing region and expectations…
Gold prices hit record high as rate cut cheer persists
Investing.com– Gold prices hit a record high in Asian trade as the yellow metal benefited from persistent cheer over lower U.S. interest rates, with uncertainty before a storm of cues…
Japan, China foreign ministers to meet in New York
TOKYO (Reuters) – Japanese Foreign Minister Yoko Kamikawa will meet her Chinese counterpart, Wang Yi, in New York on Monday, the foreign ministry said. Kamikawa will request that security be…
Asia FX muted with more Fed cues on tap; Aussie rises before RBA
Investing.com– Most Asian currencies moved in a tight range on Monday, while the dollar steadied from recent losses as traders awaited a slew of more cues on the Federal Reserve…
Oil prices rise on Middle East concerns, rate cut cheer
Investing.com– Oil prices rose in Asian trade on Monday as increased tensions in the Middle East saw traders attach a bigger risk premium, while the prospect of lower interest rates…
