Euro drops vs strengthening dollar, French politics weigh
By Stefano Rebaudo and Wayne Cole (Reuters) -The euro dropped on Monday versus a strengthening U.S. dollar on growing concerns about a possible government collapse in France, which would stall…
Saudi Arabia may slash January crude prices for Asia
By Florence Tan and Siyi Liu SINGAPORE (Reuters) – Top oil exporter Saudi Arabia is expected to slash crude prices for Asian buyers in January to the lowest in years,…
Euro drops 0.50% versus strengthening dollar, France in focus
(Reuters) – The euro dropped versus a strengthening dollar on Monday, with investors concerned about political developments in France. France’s far-right National Rally (RN) party will likely back a no-confidence…
Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 02.12.2024
Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on the Elliott wave analysis. Bitcoin has likely started a sideways correction. The article covers the following…
Short-term Analysis for Oil, Gold, and EURUSD for 02.12.2024
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…
South African rand weaker ahead of manufacturing PMI
JOHANNESBURG (Reuters) – South Africa’s rand weakened early on Monday, ahead of a purchasing managers’ index (PMI) survey for the domestic manufacturing sector. At 0620 GMT, the rand traded at…
Greenback Blackmails Its Counterparts. Forecast as of 02.12.2024
The United States has made it clear that it will not accept the creation of a single currency within the BRICS bloc. The participating countries should guarantee that they do…
Exclusive-Russia’s VTB CEO says he’s not sure about optimistic scenario for Ukraine deal under Trump
MOSCOW (Reuters) – Any peace deal with the West over Ukraine should be long-term and not need to be returned to within 10 years, VTB bank’s CEO Andrei Kostin told…
Exclusive-Russia’s VTB CEO says BRICS summit was a slap in the face for the West
MOSCOW (Reuters) – A summit of the BRICS countries held in the Russian city of Kazan in October was a slap in the face for Western nations which imposed sanctions…
Exclusive-Russia’s VTB expects rouble to stabilise around 100/dollar, CEO says
MOSCOW (Reuters) – The Russian rouble will stabilise at around 100 to the U.S. dollar after the period of volatility in the aftermath of U.S. sanctions on Russia’s financial sector,…
