Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 23.12.2024
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: The price may…
US Fed Insists on Rate Cuts. Forecast as of 23.12.2024
Rumors that the December cut in the federal funds rate would be the final one caused investors to worry. However, inflation data and Fed officials’ remarks have helped alleviate these…
How Market Makers Drive Forex Liquidity and Profit
The Forex market is one of the largest financial markets in the world, with trillions of dollars traded every day. A critical part of this market are market makers. These…
Europe’s energy taxes are worsening industry woes, power CEO says
By Kate Abnett and Julia Payne BRUSSELS (Reuters) – Governments hunting for ways to aid Europe’s struggling industries should take aim at the continent’s high energy taxes, which are eroding…
“Have Four Focus Areas a Year Divided into Different Quarters”: LMF Network’s Sonia Barlow
“We are an inclusion consultancy. We optimize workplaces, people, and processes, and then we invest our profits into a mentorship program. So that people can build their knowledge and networks,”…
Dollar drifts after benign US inflation eases rates worries
By Ankur Banerjee SINGAPORE (Reuters) -The dollar was steady on Monday after U.S. inflation data showed only a modest rise last month, easing some concerns about the pace of U.S.…
Professional Trader-Focused UK Prop Firm YCM-Invest Struggles with 2023 Revenue
YCM-Invest, a UK-regulated prop firm catering exclusively to professional clients, reported a sharp decline in its 2023 revenue, which dropped to £327,924 from the previous year’s £767,220. As revealed in…
Oil gains as cooling US inflation points to possible easing
By Florence Tan and Siyi Liu SINGAPORE (Reuters) -Oil prices rose on Monday as lower-than-expected U.S. inflation data revived hopes for further policy easing, although the outlook for a supply…
Gold prices edge higher after dismal week as soft US inflation offers relief
Investing.com– Gold prices edged higher in Asian trade on Monday after suffering heavy losses last week as a slightly softer U.S. inflation print provided some respite, although caution remained following…
Asia FX muted, dollar slips from 2-yr high on soft inflation data
Investing.com– Most Asian currencies moved little on Monday, while the dollar steadied from a tumble from over two-year highs after soft U.S. inflation data spurred some hopes that interest rates…