Klarna Hooks Up with Adobe Commerce to Roll Out BNPL Services
As Africa joins the global financial markets, its unique economy fuels forex and CFD trading innovation. Discover growth drivers: tech advancements, regulations, and increased financial education for African traders. See…
U.S. oil pares gains as storm forecast spares offshore oil patch
By Erwin Seba HOUSTON (Reuters) -U.S. West Texas Intermediate (WTI) crude gave up most of its gains from earlier in the day as the forecast track for Hurricane Beryl continued…
US dollar dips as Fed’s Powell’s dovish comments offset upbeat jobs data
By Gertrude Chavez-Dreyfuss and Stefano Rebaudo NEW YORK/MILAN (Reuters) -The dollar slipped on Tuesday in choppy trading after Federal Chair Jerome Powell struck a slightly dovish tone in his comments,…
Trading Success: Embrace Losses for Long-Term Gains
Achieving trading success requires a mindset that embraces losses as an integral part of the process. This approach is vital for navigating the complex world of trading. Contrary to societal…
USDCHF Technical Analysis: Critical Levels Amid Market Shifts
USDCHF Technical Analysis is crucial for traders navigating the volatile forex market. This article delves into the critical levels of the USDCHF pair amid recent market shifts. By understanding these…
South African rand extends losses, focus on unity government’s reforms
JOHANNESBURG (Reuters) -The South African rand extended losses on Tuesday after a turbulent start to the week as markets waited to see how the new government of national unity (GNU)…
Oil prices climb to two-month highs; summer demand hopes rise
Investing.com– Oil prices rose Tuesday, climbing to two-month highs, as traders bet on increased demand during the Independence Day holiday and potential supply risks from geopolitics and weather-related disruptions. At…
US Treasury yields boost dollar, Powell speech in focus
By Amanda Cooper and Stefano Rebaudo (Reuters) -Rising U.S. yields supported the dollar on Tuesday, with low-yielding currencies such as Japan’s yen and China’s yuan feeling the pressure as investors…
Oil rises to two-month high on summer demand outlook and supply fears
By Arunima Kumar BENGALURU (Reuters) -Oil prices were little changed on Tuesday, trading near two-month highs reached in the previous session on expectations of rising demand during the summer driving…
NZDUSD Speculators Trapped. Forecast as of 02.07.2024
The lower the NZDUSD quotes fell, the more speculators opened long trades on the New Zealand dollar. However, sooner or later, they will realize where their stance will lead them.…
