BofA sees risk of significant rebalancing outflows from USD
Investing.com — Bank of America have released an estimate of month-end FX rebalancing flows, warning a significant outflow from the USD into the EUR and EM currencies, driven by strong equity…
Oil prices rebound with focus on OPEC+ meeting; weekly losses on tap
Investing.com– Oil prices rose on Friday, as investors monitored developments regarding OPEC+’s production strategy following a four-day postponement of a critical virtual meeting. Crude was battered by the announcement of…
Oil heads for 2% weekly decline as supply risks ease
By Alex Lawler and Enes Tunagur LONDON (Reuters) -Oil prices fell on Friday, heading for a weekly drop of more than 3%, pressured by easing concern over supply risks from…
Mastercard and BCP Group Partner on Cross-Border Payment Solutions in Africa
Mastercard and the BCP Group, a Moroccan banking group, have partnered to improve cross-border payment solutions. This collaboration seeks to improve transaction efficiency while strengthening economic growth in the region.…
Coffee prices at 47-year high on Brazil crop concerns
LONDON (Reuters) – Coffee prices rose on Friday to their highest in nearly half a century, buoyed by tightening supplies as next year’s crop in top grower Brazil struggles to…
Oil heads for 3% weekly decline as supply risks ease
By Alex Lawler and Enes Tunagur LONDON (Reuters) -Oil prices fell on Friday, heading for a weekly drop of more than 3%, pressured by easing concern over supply risks from…
XAUUSD: Elliott Wave Analysis and Forecast for 29.11.24 – 06.12.24
The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 2792.90 with a target of 2418.82 – 2304.21. A sell signal:…
WTI Crude Oil: Elliott Wave Analysis and Forecast for 29.11.24 – 06.12.24
The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 72.50 with a target of 61.50 – 53.60. A sell signal:…
Big Mac Index: How the USD Affects Exchange Rates?
The Big Mac Index, introduced by The Economist in 1986, offers a unique way to gauge the value of currencies globally. By comparing the price of a Big Mac in…
USDJPY: Elliott Wave Analysis and Forecast for 29.11.24 – 06.12.24
The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 156.75 with a target of 138.08 – 131.25. A sell signal:…
