Asia FX upbeat as rate cut bets dent dollar; yen on intervention watch
Investing.com– Most Asian currencies firmed on Thursday as increased expectations of interest rate cuts by the Federal Reserve dented the dollar, while a fragile yen kept traders on guard over…
Rupee to trade in narrowest range in about 30 years on RBI’s actions
By Anant Chandak BENGALURU (Reuters) -The Indian rupee will trade within the narrowest range in nearly three decades over the coming year as the Reserve Bank of India (RBI) continues…
Oil prices retreat from 2-mth highs; demand hopes, supply risks persist
Investing.com– Oil prices fell from two-month highs in Asian trade on Thursday, as traders collected some profits from a strong run-up this week, while soft U.S. economic data raised some…
Oil prices slip after data points to cooling U.S. economy
By Katya Golubkova TOKYO (Reuters) – Oil prices fell in early trade on Thursday after U.S. employment and business activity data came in weaker than expected, in signs the economy…
Japanese yen fragile as USDJPY nears 162; intervention in focus
Investing.com– The Japanese yen steadied near its weakest levels in 38 years on Thursday, with the currency’s latest decline and low liquidity during a U.S. market holiday sparking fresh speculation…
Oil prices rise on deep weekly draw in US crude inventories
By Nicole Jao NEW YORK (Reuters) -Oil prices gained about 1% on Wednesday after a larger-than-expected decline in U.S. crude stocks, but gains were capped by concerns about rising global…
Oil prices up on deep weekly draw in US crude inventories
By Nicole Jao NEW YORK (Reuters) -Oil prices were up slightly on Wednesday after a larger-than-expected decline in U.S. crude stocks, but thin trading ahead of the U.S. Independence Day…
UK Conservative Party Decline Signals shift in Political Landscape
The UK Conservative Party decline has become a significant topic as the 2024 UK election approaches. This decline reflects a broader shift in the political landscape of the United Kingdom.…
Oil prices up slightly as US crude oil inventories fall
By Arunima Kumar (Reuters) -Oil prices steadied on Wednesday after trading higher on a bigger than expected drawdown in U.S. crude stockpiles while economic headwinds from China and the euro…
Evening Star Pattern – What Is It and How to Trade
The Evening star pattern is the opposite of the Morning star candlestick pattern. The Japanese “Evening star” pattern signals that a bullish market cycle nears its end, and an uptrend will…
