Dollar strengthens versus yen as BOJ strikes cautious stance on rate hikes
By Chibuike Oguh and Linda Pasquini NEW YORK/LONDON (Reuters) -The dollar strengthened against the yen on Friday, hitting its highest level in two weeks, after the Bank of Japan left…
Oil ends week higher as investors take stock of Fed rate cuts
By Georgina McCartney (Reuters) – Oil prices settled lower on Friday but recorded a second straight week of gains, garnering support from a U.S. interest rate cut and a dip…
Gold breaks $2,600 barrier as Fed cut bets prolong historic run
By Anushree Mukherjee (Reuters) – Gold soared above the $2,600 level on Friday for the first time, extending a rally boosted by bets for further U.S. interest rate cuts, and…
Oil flat, poised to end week higher on Fed rate cuts, lower US supply
By Georgina McCartney (Reuters) -Oil prices were steady on Friday and set for a second straight week of gains, garnering support on a large cut in U.S. interest rates and…
Oil prices cut losses to remain on track for weekly gains after hefty Fed cut
Investing.com– Oil prices cut losses Friday, to remain on track for a weekly gain as a bumper U.S. interest rate cut helped quell some fears of slowing demand. At 1:43…
At United Steelworkers conference, members and leaders play down election divide
This post is originally published on INVESTING.
Oil dips but poised to end week higher on Fed rate cuts, lower US crude stocks
By Arunima Kumar (Reuters) -Oil prices eased on Friday but were on track to register gains for a second straight week following a large cut in U.S. interest rates and…
Rising Wedge: What Is It & How Does It Work?
Technical analysis encompasses various chart and candlestick patterns that reflect traders’ sentiment and behavior in financial markets. These chart patterns, in combination with technical indicators, help traders make more informed…
Factbox-How investors buy gold and what drives the market
(Reuters) – Gold hit a record high above $2,600 per ounce on Friday, as the prospect of more U.S. interest rate cuts and global geo-political uncertainty boosted its appeal. Bullion…
XAU/USD: Elliott wave analysis and forecast for 20.09.24 – 27.09.24
The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 2472.80 with a growth target of 2700.00 – 2800.00.…
