Dollar heads on holiday; won slips on surprise rate cut
By Tom Westbrook SINGAPORE (Reuters) -The dollar steadied on Thursday helped by a surprise interest rate cut in South Korea, while the yen eyed its strongest week in three months…
US Dollar Slides Amid Trump Trade Retreat. Forecast as of 28.11.2024
When the Trump trade retreats, the US dollar does not benefit even from robust macroeconomic data or a potential vote of no confidence in the French government. This is particularly…
Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 28.11.2024
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: Major Takeaways BTCUSD: Bullish momentum continues.…
Deriv Eliminates Manual Rebalancing of Trades: Launches ‘Tactical Indices’
Deriv, a forex and contracts for differences (CFDs) broker, has enhanced its trading tools by introducing ‘Tactical Indices,’ designed to eliminate the need for manual rebalancing. New Tool to Automate…
24 Exchange Enters the US: Gains SEC Approval
24 Exchange, which began by offering FX NDFs, has entered the United States after receiving approval from the Securities and Exchange Commission (SEC) to operate a securities exchange in the…
Asia FX slips, dollar steady on rate uncertainty; S.Korean won slides on BOK cut
Investing.com– Most Asian currencies edged lower on Thursday as the dollar steadied amid growing uncertainty over the path of U.S. interest rates, while the South Korean won fell sharply after…
Oil slips on buildup in US gasoline stocks; eyes on weekend OPEC+ meeting
By Siyi Liu SINGAPORE (Reuters) -Oil prices drifted lower on Thursday after a surprise jump in U.S. gasoline inventories, with investors focusing on the OPEC+ meeting this weekend to discuss…
Gold prices edge lower as strong US data fuels rate uncertainty
Investing.com– Gold prices fell slightly in Asian trade on Thursday after signs of sticky U.S. inflation and a strong economy sparked doubts over just how much the Federal Reserve will…
Oil edges lower after jump in US gasoline stocks, OPEC+ supply decision in focus
(Reuters) – Oil prices edged lower in Asian trading on Thursday, after a surprise jump in U.S. gasoline stocks ahead of the nation’s Thanksgiving holiday sparked worry over demand in…
Oil prices flat as traders weigh mixed US inventories, Israel ceasefire
Investing.com– Oil prices moved little in Asian trade on Thursday after U.S. inventory data painted a mixed picture of supplies, while easing tensions in the Middle East dented oil’s risk…