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…
Angola’s draft budget forecasts 2025 deficit of 1.65%/GDP
LUANDA (Reuters) – Angola’s government anticipates a budget deficit of 1.65% of gross domestic product (GDP) in 2025, slightly higher than this year’s projected 1.46% deficit, draft budget documents showed.…
Oil climbs more than $1 on reports of Iran preparing strike on Israel
By Florence Tan SINGAPORE (Reuters) – Oil prices extended gains on Friday, climbing more than $1 a barrel to pare weekly losses, after reports Iran was preparing a retaliatory strike…
Short-term Analysis for Oil, Gold, and EURUSD for 01.11.2024
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 01.11.2024
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: Highlights and key points BTCUSD: a…
US Dollar Awaits Election Results. Forecast as of 01.11.2024
The EURUSD pair will likely disregard the US Non-Farm Payrolls for October as hurricanes and strike actions may have distorted the data. In addition, the presidential election is looming in the US.…
Oil gains more than $1/bbl on reports Iran preparing strike on Israel
By Florence Tan SINGAPORE (Reuters) -Oil prices extended gains on Friday, climbing more than $1 a barrel to pare weekly losses, as geopolitical tensions in the Middle East rose following…
Oil climbs more than $1/bbl on reports Iran preparing to strike at Israel
By Florence Tan SINGAPORE (Reuters) – Oil prices extended gains in early Asian trade on Friday, following reports that Iran was preparing a retaliatory strike on Israel from Iraqi territory…
