Rupee ends nearly flat as cenbank absorbs importers’ dollar demand

MUMBAI (Reuters) – The Indian rupee declined to a lifetime low on Thursday pressured by dollar demand from importers for meeting their immediate and futures payments. The rupee dropped to…

Card Fraud Grips UK Residents: Victims Lost Almost £60 Million in Three Years

Residents of the United Kingdom lost more than £59.8 million to card fraud over the past three years, according to official data from the country’s authorities. On the positive side,…

China offers Africa $51 billion in fresh funding, promises a million jobs

By Laurie Chen BEIJING (Reuters) – President Xi Jinping pledged on Thursday to step up Chinese support to Africa, the world’s second fastest-growing continent, with funding of nearly $51 billion,…

US to spend $7.3 billion on rural clean energy projects

By Leah Douglas (Reuters) – President Joe Biden’s administration on Thursday said the U.S. will spend $7.3 billion from 2022’s Inflation Reduction Act to fund clean energy projects helmed by…

eToro Hooks Up with Deutsche Börse to Roll Out 290 German Stocks

Trading and investing platform eToro has announced a new partnership with Deutsche Börse. This collaboration will add over 290 German-listed stocks to eToro’s platform. The move aims to provide users…

Oil edges up on US crude stocks and possible delay to OPEC+ supply hike

By Alex Lawler LONDON (Reuters) -Oil prices firmed on Thursday, edging up from multi-month lows on a possible delay to output increases by OPEC+ producers and a decline in U.S.…

Dollar slips lower, struggling to stop losses ahead of payrolls

Investing.com – The U.S. dollar slipped Thursday, struggling to find a foothold after weak economic data raised expectations of an outsized interest rate cut by the Federal Reserve later this…

DXtrade Steps Up Partnership with Centroid for Brokers’ Risk Management

Centroid Solutions, a fintech company specializing in financial trading technology, has announced an expanded collaboration with DXtrade. This partnership will now include support for the DXtrade CFD white-label trading platform…

Short-term Analysis for Oil, Gold, and EURUSD for 05.09.2024

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…

Indian rupee declines to all-time low on heavy dollar demand

MUMBAI (Reuters) – The Indian rupee declined to a lifetime low on Thursday pressured by dollar demand from importers for meeting their immediate and futures payments. The rupee dropped to…