USDCHF: Elliott wave analysis and forecast for 01.11.24 – 08.11.24
The article covers the following subjects: Highlights and key points Main scenario: consider short positions from corrections below the level of 0.8700 with a target of 0.8200 – 0.8000. A…
Oil climbs 2% on reports of Iran preparing strike on Israel
LONDON (Reuters) -Oil prices rose more than 2% on Friday after reports that Iran was preparing a retaliatory strike on Israel from Iraq in the coming days, though benchmarks were…
USDСAD: Elliott wave analysis and forecast for 01.11.24 – 08.11.24
The article covers the following subjects: Highlights and key points Main scenario: once the correction ends, consider long positions above the level of 1.3623 with a target of 1.4100 –…
China hopes US will continue climate change collaboration whoever wins election, official says
By Colleen Howe and David Stanway BEIJING/SINGAPORE (Reuters) – China hopes the United States will be able to continue to cooperate with other countries on climate change, whatever the outcome…
Morning Bid: Amazon calms the horses, payrolls due
A look at the day ahead in U.S. and global markets from Mike Dolan With next week’s U.S. election now dominating thinking, the last two megacap earnings reports of the…
Angola’s draft budget forecasts 2025 deficit of 1.65% of GDP
LUANDA (Reuters) -Angola’s government anticipates a budget deficit of 1.65% of gross domestic product in 2025, slightly higher than this year’s projected 1.46% deficit, draft budget documents showed. The draft…
Dollar edges higher ahead of payrolls release; euro slips lower
Investing.com – The U.S. dollar edged higher Friday, continuing October’s strength, ahead of the release of the widely-watched payrolls report. At 05:35 ET (09:35 GMT), the Dollar Index, which tracks…
Loonie Retreats to Shoot Up in 2025. Forecast as of 01.11.2024
The Bank of Canada’s aggressive rate cuts have positioned the Canadian dollar as an outsider in the Forex market. While this policy has an adverse effect in the short term,…
Financial Commission Drops DeltaFX from Membership over “Rule Violations”
The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial…
CMC Markets Pushes into New Zealand: Partners with ASB Bank
CMC Markets (LON: CMCX) has strengthened its presence in New Zealand by entering a long-term strategic partnership with ASB Bank, a major financial institution in the country with around 1.5…
