Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 04.07.2024
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: Elliott Wave analysis for Bitcoin Bitcoin’c…
Oil drops on worries about demand, slowing US economy
By Katya Golubkova and Trixie Yap (Reuters) -Oil prices fell on Thursday, with investors turning cautious on expectations of lower demand as U.S. employment and business data came in weaker…
US Dollar in Tight Spot. Forecast as of 04.07.2024
Another batch of disappointing US data, combined with reduced political risks in France, has had a profound impact on the EURUSD pair, leading to a significant strengthening. However, the Trump…
Gold prices steady at 10-day high as rate cut bets grow
Investing.com– Gold prices steadied at a 10-day high in Asian trade on Thursday after growing bets on interest rate cuts by the Federal Reserve pulled down the dollar and Treasury…
Alaska sues to challenge new NPR-A oil and gas leasing rules
(Reuters) – The state of Alaska on Wednesday said it has filed a lawsuit challenging new federal regulations imposed for oil and gas leasing in the National Petroleum Reserve-Alaska (NPR-A).…
Oil falls on concerns of weaker demand forecasts, slowing U.S. economy
By Katya Golubkova and Trixie Yap (Reuters) -Oil prices fell in Asia on Thursday, with investors turning cautious on expectations of lower demand as U.S. employment and business data came…
Asia FX upbeat as rate cut bets dent dollar; yen on intervention watch
Investing.com– Most Asian currencies firmed on Thursday as increased expectations of interest rate cuts by the Federal Reserve dented the dollar, while a fragile yen kept traders on guard over…
Rupee to trade in narrowest range in about 30 years on RBI’s actions
By Anant Chandak BENGALURU (Reuters) -The Indian rupee will trade within the narrowest range in nearly three decades over the coming year as the Reserve Bank of India (RBI) continues…
Oil prices retreat from 2-mth highs; demand hopes, supply risks persist
Investing.com– Oil prices fell from two-month highs in Asian trade on Thursday, as traders collected some profits from a strong run-up this week, while soft U.S. economic data raised some…
Oil prices slip after data points to cooling U.S. economy
By Katya Golubkova TOKYO (Reuters) – Oil prices fell in early trade on Thursday after U.S. employment and business activity data came in weaker than expected, in signs the economy…
