Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 30.10.2024

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 rally pauses before jobs data, Aussie falls on RBA outlook

By Kevin Buckland TOKYO (Reuters) -The dollar hovered close to a three-month peak on Wednesday in a big week for macroeconomic data that could reveal the path for U.S. monetary…

Oil hovers at one-month low with supply drivers back in focus

By Laila Kearney and Trixie Yap (Reuters) – Oil prices held at more than one-month lows, after sliding in the previous two sessions, as markets weighed a potential ceasefire between…

Oil prices rise, recoup some losses on signs of US inventory draw

Investing.com– Oil prices rose in Asian trade on Wednesday, recouping a measure of recent losses as industry data showed an unexpected draw in U.S. inventories, while the Middle East conflict…

Asia FX muted amid rate, election jitters; yen fragile ahead of BOJ

Investing.com– Most Asian currencies moved little on Wednesday as the dollar steadied with focus squarely on the upcoming presidential election and a string of key economic readings. The Japanese yen…

Gold prices hit record high amid election jitters, rate uncertainty

Investing.com– Gold prices hit a record high in Asian trade on Wednesday as safe haven demand was boosted by increased political uncertainty in the U.S. and Japan, as well as…

Economic calendar for the week 04.11.2024 โ€“ 10.11.2024

Although the expectations of new aggressive interest rate cuts by the Fed have diminished, the US dollar continued to dominate the market last week, supported by rising US bond yields…

Oil prices steady on shrinking U.S. crude inventories

By Laila Kearney (Reuters) – Oil prices stabilised on Wednesday on industry data showing a surprise drop in U.S. crude and gasoline inventories, following two previous sessions of losses on…

Dollar peaks against yen ahead of US election and economic data

By Laura Matthews NEW YORK (Reuters) -The dollar hit three-month highs against the yen on Tuesday, but was little changed on the day against most major currencies as traders bided…

Oil prices settle down on report of talks to end Lebanon war

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices closed slightly lower on Tuesday, adding to a more than 6% drop in the previous session, on a report that Israeli Prime Minister…