TradeLocker Owner Recruits New Executive for Its Prop Firm

Several weeks after officially departing from prop firm The Trading Pit, Antreas Pilavakis has secured a new employer. He has just joined FunderPro as Operations Manager, a brand belonging to…

Russia hits energy facilities in six Ukrainian regions, Kyiv says

KYIV (Reuters) – Russian airstrikes hit energy facilities and critical infrastructure in nine Ukrainian regions over the past 24 hours, Ukrainian officials said on Wednesday. Energy facilities in the western…

Safe-haven yen gains as edgy markets face US jobs test

By Kevin Buckland TOKYO (Reuters) -The safe-haven Japanese yen rallied on Wednesday while riskier currencies like the Australian dollar and sterling languished as traders ducked for cover following the worst…

Short-term Analysis for Oil, Gold, and EURUSD for 04.09.2024

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…

India central bank likely intervening to prevent rupee from slipping to record low, traders say

MUMBAI (Reuters) – India’s central bank was selling dollars at the 83.97 level on Wednesday to keep the rupee from dropping to a lifetime low, three traders told Reuters. The…

Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 04.09.2024

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: expect a…

US Economy’s Soft Landing Under Threat. Forecast as of 04.09.2024

The US Federal Reserve will take all necessary steps to support the labor market. Therefore, an aggressive reduction in the federal funds rate is still possible. The outcome will be…

Safe-haven yen gains, Aussie wobbles as edgy markets face US jobs test

By Kevin Buckland TOKYO (Reuters) -The safe-haven Japanese yen rallied on Wednesday while riskier currencies like the Australian dollar and sterling languished as traders ducked for cover following the worst…

FXOpen Has Lost Its Australian License

FXOpen has become the latest target of the Australian Securities and Investments Commission (ASIC), as the regulator canceled the license of the forex and contracts for differences (CFDs) broker. The…

Atlantic weather forecasters see below-average tropical storm activity

HOUSTON (Reuters) – Weather forecasters who produce Colorado State University’s closely watched hurricane outlooks said on Tuesday tropical storm activity in the first week of September would likely be below…