Texas voters reelect conservative Craddick to lead oil regulator
By Georgina McCartney HOUSTON (Reuters) – Texas on Tuesday reelected conservative incumbent Christi Craddick as chairman of the state’s oil regulator, marking her third term in the position and a…
Oil falls as dollar surges, investors take stock of Trump victory
By Georgina McCartney HOUSTON (Reuters) -Oil prices turned positive on Wednesday after falling by more than $2, despite U.S. crude stocks rising by more than expected, according to the Energy…
Texas’ port Freeport briefly suspends inbound vessels traffic due to tropical weather
(This Nov. 5 story has been corrected to clarify that inbound traffic was temporarily suspended due to a weather system, not storm Rafael, in the headline and paragraph 1) HOUSTON…
Oil rises as investors take stock of Trump victory, US crude stocks rise
By Georgina McCartney HOUSTON (Reuters) -Oil prices turned positive on Wednesday after falling by more than $2, despite U.S. crude stocks rising by more than expected, according to the Energy…
Trump could harden Iran oil stance but struggle to stem flow to China, analysts say
By Timothy Gardner WASHINGTON (Reuters) -Former President Donald Trump’s return to the White House could mean tougher enforcement of U.S. oil sanctions against Iran, potentially trimming global supplies, but his…
Dollar soars, euro tumbles as Trump wins US presidential election
By Samuel Indyk and Kevin Buckland LONDON (Reuters) -The dollar was set for its biggest one-day rise since March 2020 against major peers on Wednesday and bitcoin jumped to an…
Forex Trading and Poker: Fascinating Parallels for Winning Big
When you hear “Forex Trading and Poker,” you might think they have nothing in common. One involves analyzing currency markets, the other reading the poker table. But look deeper, and…
UN nuclear watchdog chief says he may head to Iran soon as Trump return looms
By Angelo Amante and John Irish ROME/PARIS (Reuters) -U.N. nuclear watchdog chief Rafael Grossi said on Wednesday he might head to Iran in the coming days to discuss its disputed…
Trump could harden Iran oil stand but raise China ire, analysts say
By Timothy Gardner WASHINGTON (Reuters) – Former President Donald Trump’s return to the White House could mean tougher enforcement of U.S. oil sanctions against Iran, potentially trimming global supplies, but…
Directional Movement Index (DMI): Formula, Uses, and Trading Applications
The Directional Movement Index (DMI) is a technical indicator commonly used to confirm signals in trend-following strategies. Different sources may interpret the indicator in various ways. Internationally, the DMI often…
