Exclusive-India cenbank asks banks to avoid large shorts as rupee nears record low, sources say
By Jaspreet Kalra and Nimesh Vora MUMBAI (Reuters) – The Reserve Bank of India has asked state-run and private banks to refrain from betting heavily against the rupee in an…
Dollar stable after payrolls gains; euro slips on weak data
Investing.com – The U.S. dollar stabilized Monday, holding onto the gains seen after Fridayβs strong jobs report at the start of a week that includes the release of key inflation…
Another FX/CFD Broker Launches Its Own Prop Firm amid Growing Popularity
Following a rebranding earlier this year, MarketsVox (formerly ForexVox) has prepared another surprise for its clients. In about two weeks, the firm will officially launch its own prop firm called…
Short-term Analysis for Oil, Gold, and EURUSD for 07.10.2024
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…
Upside risks to crude prices have increased: BCA
Investing.com — The risks of a spike in crude oil prices have increased, as per analysts at BCA Research. While BCA maintains a cyclical outlook that crude prices are likely…
Oil prices dip after strongest weekly rise in over one year
By Gabrielle Ng and Emily Chow SINGAPORE (Reuters) -Oil prices fell on Monday, after posting their steepest weekly rise in more than a year last week, as oversupply concerns amid…
Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 07.10.2024
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…
US Dollar Reigns Supreme. Forecast as of 07.10.2024
While the stock market is following a “Goldilocks” scenario, EURUSD bears are gradually taking control of the market. Will the pair be able to find a bottom amidst the slowing…
Shell says refining margins dropped sharply in third quarter
LONDON (Reuters) – Shell (LON:SHEL)’s refining profit margins dropped sharply in the third quarter from the previous three months, while oil product trading earnings also weakened, it said on Monday.…
Dollar holds gains made on US jobs data and Middle East flare-up
By Vidya Ranganathan SINGAPORE (Reuters) -Japan’s yen fell to its lowest in nearly two months and other major currencies too were grappling with losses early on Monday as the dollar…
