Ports restrict navigation, some oil facilities shut as Milton approaches Florida

HOUSTON (Reuters) – At least one oil and gas platform in the U.S. Gulf of Mexico was shut on Monday and Florida ports imposed restrictions on vessel navigation as Hurricane…

‘Interest Rates’ Role in Forex Trading: Seizing Opportunities

Interest rates play a pivotal role in Forex trading. They can be the difference between profit and loss, especially for those who are tuned into the financial symphony orchestrated by…

Dollar bobs near 7-week high after strongest week in two years

By Stefano Rebaudo (Reuters) – The U.S. dollar was just off its highest level in seven weeks on Monday after a rally sparked by Friday’s strong U.S. jobs data and…

Proven Forex Trading Strategies for Smart Profit

Forex trading is an exciting venture where individuals can capitalize on the fluctuations in currency exchange rates. By understanding how the foreign exchange market operates, you can make smart, informed…

Israeli military says it intercepts missile fired from Yemen

JERUSALEM (Reuters) – A surface-to-surface missile fired from Yemen at central Israel on Monday was intercepted, the Israeli military said. The missile set off air raid sirens across large swaths…

Force alone will not lead to Israel’s security, France says

JERUSALEM (Reuters) – Israel’s security cannot be guaranteed with military force alone and will require a diplomatic solution, France’s foreign minister said on Monday, and Paris would continue efforts to…

Oil prices rise continue to climb on heightened Middle East tensions

Investing.com– Oil prices climbed strongly Monday, extending recent gains on fears on a wider Middle East war.  At 08:20 ET (12:20 GMT), Brent oil futures rose 1.7% to $79.39 a…

Dollar close to 7-week high after strongest week since 2022

By Stefano Rebaudo (Reuters) – The U.S. dollar was just off its highest level in seven weeks on Monday after a rally sparked by Friday’s strong U.S. jobs data and…

BoJ May Refrain from Rate Hike. Forecast as of 07.10.2024

If the BoJ does not raise rates until the end of 2024, the yen will once again be used as a funding currency in carry trade transactions. With an elevated…

Copper demand for electric vehicles is intact, trader IXM says

By Pratima Desai London (Reuters) – The uptrend in demand for metals such as copper used in electric vehicles is intact despite doubts raised by the slowdown in EV sales,…