Dollar dragged by 50 bps Fed cut wagers
LONDON (Reuters) -The dollar traded near its lowest levels of the year on Tuesday, on the eve of the expected start to a U.S. easing cycle that markets are betting…
Dollar slips further ahead of key Fed meeting
Investing.com – The U.S. dollar edged lower Tuesday, trading around its lowest levels this year, on growing bets the Federal Reserve will cut interest rates this week, potentially by a…
BNP Paribas says euro could rise, not fall, if recession hits
LONDON (Reuters) – BNP Paribas (OTC:BNPQY) Markets 360 reckons the euro could rally against the dollar if there is a global recession, marking a break with past trading dynamics. Sam…
Playtech to Sell Its Italian Retail Unit for €2.3 Billion
British gambling technology firm Playtech has agreed to sell its Italian business unit, Snaitech, to Flutter Entertainment, the world’s largest betting company, for EUR 2.3 billion (USD 2.56 billion). An…
Fintel Flexes Muscles with 13% Revenue Boost, but Investors Have a Different Take
The publicly-listed fintech company from London, Fintel (AIM: FNTL), announced financial results for the first half of 2024 today (Tuesday), marked by strategic acquisitions and organic growth. Despite a rebound…
Short-term Analysis for Oil, Gold, and EURUSD for 17.09.2024
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…
Oil prices climb on US output concerns, potential crude inventory drop
By Jeslyn Lerh SINGAPORE (Reuters) -Oil prices extended gains on Tuesday as the market eyed U.S. output concerns in the aftermath of Hurricane Francine and expectations of lower U.S. crude…
Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 17.09.2024
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: Highlights and key points BTCUSD: the horizontal…
Fed Inclines to Dovish Stance. Forecast as of 17.09.2024
Investors are optimistic about the beginning of the Fed’s monetary policy easing cycle but are uncertain about the specific step the central bank will take first. Let’s discuss this topic…
Dollar pinned down by 50 bp Fed cut wagers
SINGAPORE (Reuters) -The dollar traded near its lowest levels of the year on Tuesday, on the eve of the expected start to a U.S. easing cycle that markets are betting…
