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,…
Exclusive-Russia’s VTB expects 2025 profit at 400 billion roubles
MOSCOW (Reuters) – Russia’s second largest lender VTB expects 2025 profit to be 400 billion roubles ($3.76 billion) next year, down from 550 billion this year, due to the central…
Exclusive-Russia’s VTB does not expect Western sanctions to be lifted soon
MOSCOW (Reuters) – Western sanctions imposed on Russia over its military action in Ukraine will not be lifted anytime soon, the CEO of Russia’s second largest lender VTB Andrei Kostin…
Asia FX rattled by Trump tariff threat as dollar surges; yuan at 4-mth low
Investing.com– The Chinese yuan hit a four-month low against a rallying dollar on Monday as Asian currencies fell sharply on U.S. President-elect Donald Trump’s latest threat to impose hefty tariffs…
