Oil prices slip from multi-month highs on demand concerns
By Robert Harvey LONDON (Reuters) -Oil prices edged lower on Thursday, retreating from the previous session’s multi-month highs, with investors taking profits as demand caution remained in focus despite last…
Oil prices fall from 2-month highs; still on track for weekly gains
Investing.com–Oil prices fell from two-month highs on Thursday, as traders collected some profits from a strong run-up this week, while soft U.S. economic data raised some concerns over long-term demand.…
Instead of 15% Profit on Bitcoin, $83.7 Million Loss: “A Classic Ponzi Move”
A federal judge has ordered an Oregon man and his companies to pay over $83 million in restitution to victims of a fraudulent digital asset investment scheme that operated as…
Dollar edges lower in holiday trade; sterling gains as polling starts
Investing.com – The U.S. dollar slipped lower in early European trade Thursday as weak economic data raised expectations of interest rate cuts by the Federal Reserve, while sterling edged higher…
Short-term Analysis for Oil, Gold, and EURUSD for 04.07.2024
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…
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).…
