In Russia, some crypto miners go underground – literally
MOSCOW (Reuters) – Russia’s southern republic of Dagestan has called for tougher measures against power-hungry cryptocurrency miners who local officials said were causing electricity outages and seeking to evade the…
Dollar stabilizes, euro rebounds after selloff
Investing.com – The U.S. dollar stabilized Tuesday, while the euro attempted a comeback after the previous session’s hefty losses. At 04:00 ET (08:00 GMT), the Dollar Index, which tracks the…
Short-term Analysis for Oil, Gold, and EURUSD for 24.09.2024
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…
Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 24.09.2024
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 climb on fresh China stimulus, Middle East tensions
By Gabrielle Ng SINGAPORE (Reuters) -Oil prices rose on Tuesday on news of fresh monetary stimulus from top importer China, and concerns escalating tensions in the Middle East could hit…
US Dollar May Gain Upper Hand Against Counterparts. Forecast as of 24.09.2024
As a rule, the Fed’s monetary policy easing measures harm the US dollar. However, this time, the currency is up against a relatively weak opponent, and geopolitical factors favor EURUSD…
Revolut Targets CFDs Traders: Launches Standalone App in 3 EU Countries
Revolut has launched a standalone platform, Revolut Invest, expanding its wealth management offerings, including contracts for differences (CFDs). The new app will also offer around 5,000 other assets, including US…
Aussie hits 2024 high as RBA stays hawkish; yuan climbs on China stimulus
By Kevin Buckland TOKYO (Reuters) -The Australian dollar rose to its highest level this year on Tuesday as the central bank reiterated its determination to tame stubborn inflation, while the…
What does a dovish Fed mean for Asia FX? Goldman Sachs answers
Investing.com– The Federal Reserve’s first interest rate cut in over four years quelled market fears of a recession, Goldman Sachs said, with improved risk appetite likely to boost rate-sensitive Asian…
Gold prices hit record high on rate cut cheer; copper rallies on China stimulus
Investing.com– Gold prices hit record highs in Asian trade on Tuesday, extending a recent run of gains amid persistent optimism over U.S. interest rate cuts, with focus turning to more…
