The British Pound Doomed to Collapse. Forecast as of 01.08.2024
The British pound, once under the spotlight, is falling now. The global economy and rumors that the Bank of England will cut interest rates are to blame. The Chancellor of…
Exclusive: OctaFX Calls Allegations by India “Unsubstantiated” as Authorities Seize $9.6M
Amid actions by the Indian authorities, OctaFX has shared an exclusive statement with Finance Magnates, calling the “reproof… [of] allegations of ‘false promises of high returns’ unsubstantiated,” adding that “OctaFX…
Exclusive: OctaFX Calls Allegations by India ‘Unsubstantiated’ as Authorities Seize $9.6M
Amid actions by the Indian authorities, OctaFX shared an exclusive statement with Finance Magnates, calling the “reproof… [of] allegations of ‘false promises of high returns’ unsubstantiated,” adding that “OctaFX doesn’t…
Dollar steadies after Fed-inspired losses; sterling weak ahead of BOE
Investing.com – The U.S. dollar edged higher in early European trade Thursday, rebounding after the previous session’s hefty losses following the Federal Reserve opening the door to a September rate…
Dollar bounces after Fed decision while pound slides before BoE
By Ankur Banerjee SINGAPORE (Reuters) -The U.S. dollar was on the back foot on Thursday after the Federal Reserve opened the door for an interest rate cut in September, helping…
Day Trading Firm Slapped with Six-Figure Fine for Lax Controls
SpeedTrader Inc., an online brokerage firm, has agreed to pay a $165,000 fine and accept a censure from the Financial Industry Regulatory Authority (FINRA) for failing to properly supervise potentially…
Short-term Analysis for Oil, Gold, and EURUSD for 01.08.2024
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…
(DASH) Dash Price Prediction for 2024, 2025-2026 and Beyond
Dash, a cryptocurrency that has captured the attention of investors across various crypto exchanges, has been on a fascinating journey since its inception. Originally named XCoin, Dash has set itself…
Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 01.08.2024
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…
BOJ shift gives yen a shake and causes reassessment of popular FX trade
By Alun John and Tom Westbrook LONDON/SINGAPORE (Reuters) -The Bank of Japan’s move to raise interest rates to their highest in 15 years has jolted the yen to its strongest…
