Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 19.09.2024
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 price…
Oil prices rise after US interest rate cut
By Colleen Howe BEIJING (Reuters) -Oil prices rose on Thursday after a large interest rate cut from the U.S. Federal Reserve, but concerns over global demand lingered and capped gains.…
Fed Starts with Bold Move. Forecast as of 19.09.2024
The Fed took action to mitigate the risk of a slowdown in the labor market by reducing rates by 50 basis points at the outset of its monetary expansion cycle.…
Aussie Watchdog Seeks Tech Partner for 5-Year Fraud Fight
The Australian Securities and Investments Commission (ASIC) announced today (Thursday) it is conducting a global search for a service provider to identify and remove investment scam and phishing websites, as…
Oil prices little changed as US rate cut fails to boost sentiment
By Colleen Howe BEIJING (Reuters) -Oil prices were little changed on Thursday as lingering concerns over demand capped the potential benefits of a larger-than-expected Federal Reserve interest rate cut. Brent…
Explainer-What’s at stake in Austrian parliamentary election?
VIENNA (Reuters) – Austrians elect a new parliament on Sept. 29 in a vote that could put the far-right Freedom Party (FPO) in pole position to form a government for…
Dollar claws back losses after Fed goes big on rate cut
By Rae Wee SINGAPORE (Reuters) -The U.S. dollar rose broadly on Thursday, reversing a brief tumble in the immediate aftermath of the Federal Reserve’s outsized interest rate cut that had…
Gold prices retreat as markets look past 50 bps Fed rate cut
Investing.com– Gold prices moved in a flat-to-low range in Asian trade on Thursday, and were nursing overnight losses after less dovish signals from the Federal Reserve offset some optimism over…
Hantec Markets’ UK Unit Turns a Loss in 2023 due to “Additional IT Expenditure”
The UK unit of Hantec Markets ended 2023 with an annual turnover of over £6.8 million, an increase of almost 24 percent from the previous year. However, the company turned…
Asia FX muted as dollar rises past bumper rate cut; yen down before BOJ
Investing.com– Most Asian currencies moved in a flat-to-low range on Thursday as the dollar firmed sharply after an outsized interest rate cut by the Federal Reserve was offset by less…
