Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 19.12.2024
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: Major Takeaways BTCUSD: The price may…
EURUSD Collapses Amid Fed’s Hawkish Cut. Forecast as of 19.12.2024
The US dollar has reached its highest level since 2022 following the decline in the fed funds rate to 4.5%. However, FOMC officials have only outlined two rate cuts in…
Around 20% FCA-Regulated CFD Brokers Are Inactive
The United Kingdom’s Financial Conduct Authority (FCA) has revealed that around 20 per cent of contracts for differences (CFDs) brokers, including spread betting and rolling spot forex providers, are conducting…
South Korean won hits 15-year low as hawkish Fed, domestic politics weigh
By Jihoon Lee and Yena Park SEOUL (Reuters) -The South Korean won dropped to its weakest level in 15 years on Thursday, weighed down by risk-averse sentiment after the U.S.…
Gold prices rebound from Fed-driven rout, hawkish comments cloud outlook
Investing.com– Gold prices rebounded from a one-month low on Thursday as the Federal Reserve lowered interest rates as expected, although the central bank’s hawkish stance on future rate cuts clouded…
Oil retreats on demand concerns after Fed signals slower easing ahead
By Colleen Howe and Trixie Yap (Reuters) -Oil prices fell in Asian trade on Thursday after the U.S. Federal Reserve signalled it would slow the pace of interest rate cuts…
South Korea pension fund, central bank expand FX swap line as won drops
SEOUL (Reuters) – South Korea’s pension fund and central bank have agreed to expand their foreign exchange swap line and extend it by one year until the end of 2025,…
Asia FX weak as yen softens on BOJ hold; dollar at 2-yr high on hawkish Fed
Investing.com– Most Asian currencies weakened on Thursday, with the yen hitting a near one-month low after the Bank of Japan kept interest rates steady and flagged a cautious outlook. But…
Japanese yen slides past key 155 level after BOJ holds rates steady
Investing.com– The Japanese yen weakened beyond the significant 155 mark against the U.S. dollar on Thursday after the country’s central bank kept interest rates unchanged. The Bank of Japan kept its…
Oil falls on demand concerns after Fed signals slower easing ahead
By Colleen Howe BEIJING (Reuters) – Oil prices fell in early trading on Thursday after the U.S. Federal Reserve signalled that it would slow the pace of interest rate cuts…
