The Canadian Dollar Faces a Challenging Road. Forecast as of 20.12.2024
The political crisis in Canada has further compounded the visibly cooling labor market, weak economy, and concerns about 25% U.S. tariffs. Тhis onslaught of negative factors pushed the USDCAD quotes…
EURUSD: Elliott Wave Analysis and Forecast for 20.12.24 – 27.12.24
The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.0536 with a target of 1.0193 – 1.0000. A sell signal:…
“Brokers Must Differentiate Platforms from Trade Engines”: Your Bourse’s Elina Pedersen
The distinction between AI hype and its actual applications in trading lies in the fact that much of what is marketed as AI is simply machine learning, a tool already…
“Brokers Must Differentiate Platforms from Trade Engines”: Your Bourse’s Elina Pedersen
The distinction between AI hype and its actual applications in trading lies in the fact that much of what is marketed as AI is simply machine learning, a tool already…
2024 in Review: Bitcoin at $100K, Superapps, Prop Trading Boom, CFD Records and “AI-MO”
Bitcoin Hits $100K The crypto market has been a true rollercoaster this year, with Bitcoin’s price surging by 130%. More importantly, BTC surpassed the $100,000 mark for the first time…
Dollar set for weekly gains ahead of key inflation release
Investing.com – The US dollar slipped slightly Friday, pausing for breath after strong gains this week as traders await the release of the Fed’s preferred inflation gauge. At 04:40 ET…
Angry residents of cyclone-hit Mayotte jeer Macron, plead for water
By Tassilo Hummel MAMOUDZOU (Reuters) -Angry residents of a Mayotte neighbourhood damaged by Cyclone Chido heckled French President Emmanuel Macron when he toured it on Friday, complaining that food and…
USDCHF: Elliott Wave Analysis and Forecast for 20.12.24 – 27.12.24
The article covers the following subjects: Major Takeaways Main scenario: After the correction ends, consider short positions below the level of 0.9220 with a target of 0.8586 – 0.8386. A…
How a hedge fund exodus reshaped global cocoa markets
By Nell Mackenzie, Tom Wilson and Maytaal Angel LONDON (Reuters) – Behind a record surge in cocoa prices this year, a corner of financial markets that drives the cost of…
What are cocoa futures, and how do they work?
LONDON (Reuters) – Futures markets have seen a record-breaking run in cocoa prices in 2024, a surge exacerbated by the hedge funds that provide much of their liquidity heading for…
