UBS sees limited USD gains amid global events

Pro-growth currencies have struggled recently, but the upcoming economic data and central bank meetings are expected to curb further gains in the USD, UBS noted while providing insights into recent…

EUR/USD: Elliott wave analysis and forecast for 04.10.24 – 11.10.24

The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 1.0773 with a target of 1.1400 – 1.1600. A…

Oil Breaks the Trend. Forecast as of 04.10.2024

Until October, sellers dominated the oil market amid a slowing global economy and rising production outside OPEC+. However, the escalation of conflict in the Middle East has changed the game…

USD/CHF: Elliott wave analysis and forecast for 04.10.24 – 11.10.24

The article covers the following subjects: Highlights and key points Main scenario: consider short positions from corrections below the level of 0.8558 with a target of 0.8200 – 0.8000. A…

Morning Bid: Jobs and oil dominate as ports strike ends

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street has weathered an edgy start to the final quarter reasonably well this week, with…

USD/Π‘AD: Elliott wave analysis and forecast for 04.10.24 – 11.10.24

The article covers the following subjects: Highlights and key points Main scenario: consider short positions from corrections below the level of 1.3638 with a target of 1.3205 – 1.2981. A…

Employee at Russia-controlled nuclear plant killed in car bomb, say investigators

MOSCOW (Reuters) – An employee at the Russian-controlled Zaporizhzhia nuclear power plant in southern Ukraine was killed on Friday morning in a car bomb attack, Russian investigators said, in an…

Kremlin accuses Ukraine of ‘playing with fire’ after reported attack near Kursk nuclear plant

MOSCOW (Reuters) – The Kremlin on Friday accused Ukrainian authorities of playing with fire, a day after Russian forces said they had intercepted a Ukrainian drone near the Kursk nuclear…

Oil prices climb as Middle East conflict counters ample supply outlook

By Ahmad Ghaddar LONDON (Reuters) -Oil prices rose further on Friday and were on track for strong weekly gains as investors weighed the prospect of a wider Middle East conflict…

Dollar on track for hefty weekly gains ahead of payrolls

Investing.com – The U.S. dollar slipped slightly Friday, falling from a six-week high ahead of a key jobs report that could determine sentiment ahead of the Federal Reserve’s next meeting.Β …