Pound Recovers Slightly Despite Negative News. Forecast as of 05.12.2024
The Bank of England intends to cut the repo rate four times in 2025 but is unlikely to commence the cycle before March or April. Given the necessity to raise…
Airwallex Expands EMEA Presence with New Offices: 271% Q3 Revenue Surge
Airwallex has reported a 271% increase in revenue for its Europe, Middle East, and Africa (EMEA) unit in Q3 2024 compared to the same period in 2023. Transaction volumes also…
OPEC+ output cuts turned US into top energy exporter, Rosneft’s Sechin says
By Olesya Astakhova and Yousef Saba RAS AL KHAIMAH, United Arab Emirates (Reuters) – Igor Sechin, the head of Russia’s largest oil producer Rosneft, said on Thursday that the OPEC+…
Short-term Analysis for Oil, Gold, and EURUSD for 05.12.2024
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…
Robinhood to Enter Asia in 2025 with a Base in Singapore
After establishing dominance in the United States, Robinhood is set to expand into Asia next year, with plans to open its regional headquarters in Singapore, according to a report by…
Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 05.12.2024
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 triangle is…
Euro drifts as political turmoil dents sentiment; bitcoin scales $100,000
By Ankur Banerjee SINGAPORE (Reuters) -The euro was subdued on Thursday after the widely expected collapse of the French government, stoking worries about the region’s second-biggest economic power, while bitcoin…
Euro Refuses to Collapse. Forecast as of 05.12.2024
Despite the political upheaval in France and Jerome Powell’s relatively hawkish comments, the EURUSD exchange rate has remained stable. In light of this, it is worth considering why traders are…
Column-France’s political woes may trigger fresh Europe energy crisis: Maguire
By Gavin Maguire LITTLETON, Colorado (Reuters) – The collapse of France’s government on Wednesday could have far-reaching consequences for Europe’s energy markets and send regional electricity costs soaring. France is…
Malaysia says any U.S. tariffs on BRICS nations could impact semiconductor supply
KUALA LUMPUR (Reuters) – Malaysia said on Thursday any attempt by the incoming Trump administration to impose tariffs on BRICS countries for trying to create a new currency or use…
