Prop Firm Shuts Down After One Week: “We Only Made Four Sales”

Has the retail prop trading market become oversaturated? Ascetic Capital’s case, which spent more time announcing its launch than actually operating, might be tangible proof. The firm announced it is…

Euro steadies, France turmoil keeps investors on edge

By Amanda Cooper LONDON (Reuters) -The euro edged up on Tuesday, regaining some poise after political turmoil in France sent traders scrambling for hedging protection against further price swings, while…

Turkish court jails protesters over Erdogan speech disruption

ANKARA (Reuters) – A Turkish court has jailed pending trial nine protesters who disrupted President Tayyip Erdogan’s speech in Istanbul last week, accusing his government of continuing oil exports to…

Short-term Analysis for Oil, Gold, and EURUSD for 03.12.2024

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…

Oil prices nudge higher ahead of OPEC+ meeting

By Florence Tan and Colleen Howe SINGAPORE (Reuters) -Oil prices nudged higher on Tuesday but remained within a narrow trading range, as traders awaited the outcome of an OPEC+ meeting…

Warning: Clone Broker Targets Investors with Fake CySEC and FSCA Licenses

The New Zealand FMA added Mic-Market to its warning list today (Tuesday), exposing the broker’s false claims of being licensed in Cyprus, UAE, and South Africa. The regulator also revealed…

Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 03.12.2024

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 is…

Dollar rides high on flagging euro and yuan

SINGAPORE (Reuters) -The dollar was buoyant on Tuesday as political turmoil in France undermined the euro, while tariff risks and weakness in China’s economy pushed the yuan to a 13-month…

Threat to US Dollar Comes From Within. Forecast as of 03.12.2024

Donald Trump’s recent threats against BRICS were a blank shot as this move barely supported the US dollar. However, the ongoing political crisis in France represents another crucial factor. Let’s…

Ukrainians find new energy sources to beat blackouts as winter arrives

By Olena Harmash KYIV (Reuters) – Standing on the rooftop of a 16-storey residential apartment building in Ukraine’s capital Kyiv, Valerii Pyndyk pointed to several rows of solar panels. Pyndyk…