Aussie Falls Prey to Trump Trade. Forecast as of 23.07.2024
A resumption of trade wars could halve China’s economic growth. The currencies of trading partner countries will be the main victims. Should we be surprised by the fall of the…
Barclays remains bullish on US dollar amid political shifts
Barclays addressed concerns about the future of the U.S. dollar (USD), asserting that reports about its demise are overstated despite the current political climate. The firm’s confidence in the currency…
Oil flat as hopes of European rate cut offset possible Gaza ceasefire
By Jeslyn Lerh SINGAPORE (Reuters) -Oil prices steadied on Tuesday after falling for the past two sessions, as investors remained cautious amid expectations of plentiful supplies and weak demand, while…
Dollar steady, while yen strengthens ahead of BOJ meeting
Investing.com – The U.S. dollar traded in a stable fashion in Europe Tuesday, while the yen soared in the wake of suspected intervention by the government last week. At 05:40…
Goldman still bullish on gold, China underpinning demand outlook
Investing.com — Goldman Sachs said it remains bullish on gold in a note on Monday, citing both potential Fed rate cuts and China’s unwavering demand as key drivers, which have…
Yen rises as traders look to BOJ, while dollar holds steady
By Harry Robertson and Rae Wee LONDON/SINGAPORE (Reuters) -The yen rose on Tuesday as investors reacted to comments from a senior Japanese politician that added to the pressure on the…
This Fintech Startup Just Raised £16M and Tripled AUM to £1B in a Year
The smart money app Plum has successfully raised £16 million in its Series B funding round, including £13.4 million from institutional investors and £2.7 million via crowdfunding. The investment comes…
Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 23.07.2024
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: Highlights and key points BTCUSD: The…
US Dollar Risks Making Slip. Forecast as of 23.07.2024
In 2016, investors were taken aback by Donald Trump’s victory in the presidential election. However, the S&P 500 saw a 20% surge. Could the markets be misguided about the Trump…
Trump Dollar Policy Sparks Debate Among Wall Street Strategists
Daily Updates, world events Trump Dollar Policy Sparks Debate Among Wall Street Strategists by Kashish Murarka · July 23, 2024 The Trump Dollar Policy has ignited a significant…
