Oil prices steady after large US crude inventory draw
By Arunima Kumar (Reuters) -Oil prices steadied on Wednesday after trading higher as industry data showed a bigger-than-expected draw in U.S. crude stockpiles, with gains capped by economic headwinds from…
Morning Bid: New records as jobs scanned, Tesla jumps
(Reuters) – A look at the day ahead in U.S. and global markets from Mike Dolan Federal Reserve chair Jerome Powell managed to smooth some election-ruffled feathers in bond markets…
Americans look past fuel cost, bad weather to set July Fourth travel record
By Shariq Khan NEW YORK (Reuters) – High fuel costs and the threat of a hurricane are not expected to dampen Americans’ desire to hit the road this summer, with…
Yen slides to fresh lows, market ‘challenges’ Japan authorities to act
By Kevin Buckland and Amanda Cooper TOKYO/LONDON (Reuters) -The yen hit a fresh 38-year trough against the dollar and a record low to the euro on Wednesday, as the currency…
Dollar slips after dovish Powell speech; euro gains ahead of French vote
Investing.com – The U.S. dollar retreated in early European trade Wednesday after Federal Reserve Chair Jerome Powell flagged progress towards bringing down inflation, while the euro edged higher ahead of…
Rupee to trade in narrowest range in about 30 years on RBI’s actions: Reuters poll
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)…
Short-term Analysis for Oil, Gold, and EURUSD for 03.07.2024
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…
Robinhood Eyes Bitcoin Futures Launch in Europe and US
Robinhood Markets Inc., the popular commission-free trading platform, is making moves in expanding its cryptocurrency offerings and geographical reach. The company has launched its services in Hawaii, Puerto Rico, and…
Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 03.07.2024
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 The…
Yen slides to fresh lows as Japan authorities stick to sidelines
By Kevin Buckland TOKYO (Reuters) – The dollar remained on the back foot on Wednesday after dovish comments from Federal Reserve Chair Jerome Powell sent U.S. bond yields lower, overshadowing…
