Oil steady as US demand flags but Middle East risk mounts
By Noah Browning LONDON (Reuters) -Oil prices were largely steady on Thursday as a surprise build in U.S. stockpiles fuelled fears about slow demand from the world’s top oil consumer…
Turkey’s Simsek to speak at FATF watchdog meeting in Singapore, state media says
ISTANBUL (Reuters) – Turkish Finance Minister Mehmet Simsek will speak at Financial Action Task Force meeting in Singapore, Turkish state media said on Thursday, ahead of a decision by the…
Short-term Analysis for Oil, Gold, and EURUSD for 27.06.2024
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…
Dollar consolidates ahead of key inflation release; yen nears intervention
Investing.com – The U.S. dollar edged lower in early European trade Thursday, handing back some of the previous sessionβs gains, while the Japanese yen fell into intervention territory. At 04:30…
RBI Greenlights Hitachi Payment Services for Online Payment Aggregation
With the recent approval from the Reserve Bank of India (RBI) to operate as an Online Payment Aggregator, Hitachi Payment Services is set to begin a new chapter in India’s…
Bruised yen mired near multi-decade low with eye on intervention
By Rae Wee SINGAPORE (Reuters) – The yen languished near a 38-year low on Thursday and struggled on the weaker side of 160 per dollar, keeping markets on alert for…
South African rand weakens as focus still on cabinet announcement
JOHANNESBURG (Reuters) – The South African rand was weaker in the early session on Thursday, as traders awaited more details on the composition of President Cyril Ramaphosa’s unity government cabinet,…
Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 27.06.2024
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…
Global carbon removal market could reach $100 billion/yr from 2030-35, report says
By Susanna Twidale LONDON (Reuters) – The global market for carbon dioxide (CO2) removal credits could reach up to $100 billion a year between 2030 and 2035 from $2.7 billion…
US Dollar Doesn’t Count to Three. Forecast as of 27.06.2024
The political crisis in France is slowing down economies and contributing to capital flight from Europe. Capital is fleeing to North America, causing EURUSD quotes to fall. Let’s discuss this…