Asia FX firm, dollar drifts lower with Fed rate cut in sight
Investing.com– Most Asian currencies firmed on Wednesday, while the dollar retreated as markets positioned for a widely expected interest rate cut by the Federal Reserve later in the day. Market…
Oil prices steady, with investors focusing on Fed decision
By Yuka Obayashi TOKYO (Reuters) – Oil prices steadied on Wednesday, after rising in the previous two sessions, as investors await the U.S. Federal Reserve’s anticipated interest rate cut, with…
Oil prices fall on signs of US inventory build; rate cut in focus
Investing.com– Oil prices fell in Asian trade on Wednesday, cutting short a recent rebound as industry data showed an unexpected increase in U.S. inventories. But prices were sitting on strong…
Economic calendar for the week 23.09.2024 – 29.09.2024
Last week was marked by meetings of four major world central banks, with the Fed’s meeting stealing the spotlight. Now, market participants are grappling with understanding whether the Fed’s leaders…
Venezuela arrests fourth US citizen this month, interior minister says
CARACAS (Reuters) – Venezuela has arrested a fourth American citizen since the start of this month, the country’s Interior Minister Diosdado Cabello said on Tuesday, without naming the person detained.…
Oil prices settle up on supply shocks, prospect of US interest rate cuts
By Shariq Khan and Arunima Kumar NEW YORK (Reuters) -Oil prices rose by a dollar a barrel on Tuesday as supply disruptions mounted and traders bet that demand will grow…
Exclusive-US to seek 6 million barrels of oil for reserve, amid low oil price
By Timothy Gardner WASHINGTON (Reuters) – The Biden administration will seek up to 6 million barrels of oil for the Strategic Petroleum Reserve, a source familiar with issue said on…
US dollar strengthens ahead of expected Fed rate cut
By Chibuike Oguh NEW YORK (Reuters) -The U.S. dollar strengthened against most major currencies on Tuesday following better-than-expected retail sales data that seemed to support a less aggressive stance by…
MetaTrader 5 Now Supports over 40 Payment Options for Global Traders
MetaTrader 5 now supports more than 40 new payment methods customized to different regions. With new methods ranging from popular digital wallets to local banking systems, MetaTrader 5 is targeting…
Capital Economics sees rough year ahead for Mexican assets
Capital Economics has anticipated underperformance for the Mexican peso and broader financial assets in the coming year due to political and economic instability. The peso, which has recently seen a…
