Morning Bid: Labor in focus – US jobs, new UK government
A look at the day ahead in U.S. and global markets from Mike Dolan While U.S. markets return from the Independence day holiday to assess significant cooling of the labor…
USD/СAD: Elliott wave analysis and forecast for 05.07.24 – 12.07.24
The article covers the following subjects: Key takeaways Main scenario: consider short positions from a correction below the level of 2370.00 with a target of 2218.46 – 2161.56. A sell…
China reveals next steps in EU brandy probe as EV tariffs take effect
By Joe Cash BEIJING (Reuters) -China announced the next step in its anti-dumping investigation into European brandy imports on Friday, ramping up tensions on the same day the European Commission’s…
Former Amazon Consultant Joins Capital.com as Global Head of Programmatic
Patricia Lyn Dixon has announced on LinkedIn her new position as Global Head of Programmatic at Capital.com. Previously, she worked at Amazon Ads as a Programmatic Solutions Consultant for over…
Dollar slips ahead of payrolls; sterling gains post election
Investing.com – The U.S. dollar retreated in early European trade Friday ahead of the key monthly jobs report, while sterling edged higher after the result of the U.K general election.…
Short-term Analysis for Oil, Gold, and EURUSD for 05.07.2024
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 05.07.2024
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: Key takeaways BTCUSD: A complex correction…
UK election-winner Starmer inherits weak economy with ‘no magic wand’
By William Schomberg LONDON (Reuters) – Britain’s next prime minister Keir Starmer spent the election campaign accusing Rishi Sunak’s Conservatives of “14 years of economic failure”, but he has no…
US Dollar Collapse Looming? Forecast as of 05.07.2024
The political turmoil in France has been contained, forcing EURUSD bears to flee the battlefield against the approaching start of the federal funds rate cut cycle. Let’s delve into this…
Ukraine navy chief says Russia is losing Crimean hub in Black Sea
By Tom Balmforth ODESA, Ukraine (Reuters) – The Russian navy’s Black Sea Fleet has been forced to rebase nearly all its combat-ready warships from occupied Crimea to other locations, and…
