Oil prices rise on bigger than expected drop in US crude stocks
By Paul Carsten LONDON (Reuters) -Oil prices extended gains on Thursday, buoyed by a bigger than expected decline in crude stocks in the United States, the world’s largest oil consumer.…
DKK Partners’ $1.3 Billion Transaction Volume Draws Meridien Holdings Investment
DKK Partners, a fintech firm specializing in emerging markets and foreign exchange liquidity, has announced that Meridien Holdings, a US company focused on global payments, CRM, and banking, will acquire…
Boku Posts 23% Revenue Jump, Names Ex-Natwest Executive as CFO
Boku Inc. (LON: BOKU) has announced higher revenues for the first half of 2024 and appointed a new Chief Financial Officer (CFO) as the company continues its expansion in the…
Prop Firm Goat Funded Trader Ditches MetaTrader (Again) and Adds New Platform
Goat Funded Trader (GFT), a retail proprietary trading firm, informed its clients this week that it’s introducing a new platform, TradeLocker, to its offerings. This move came shortly before a…
Yen spikes on intervention nerves, ECB in focus
By Tom Westbrook SINGAPORE (Reuters) -Japan’s yen scaled a six-week high on Thursday, spurring speculation of an official push, while the dollar nursed broad losses as markets prepared for U.S.…
ECB Buoys Euro Keeping Rate Cut on Hold. Forecast as of 18.07.2024
As much as the market is focused on the Trump trade, the EURUSD movement depends on the different paces of Fed and ECB monetary policy. In 2024, the derivatives market…
Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 18.07.2024
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: A…
Explainer-What are Japan’s tactics based on latest suspected intervention?
TOKYO (Reuters) – Japan is suspected to have intervened in the foreign exchange market to prop up the yen on several occasions this month, underscoring its discomfort over the pain…
Gold prices remain close to record highs as rate cut cheers persists
Investing.com– Gold prices rose in Asian trade on Thursday, remaining close to record highs as weakness in the dollar, amid increased bets on U.S. interest rate cuts, supported the yellow…
Yen spikes as spectre of intervention spooks investors
By Tom Westbrook SINGAPORE (Reuters) -Japan’s yen scaled a six-week high on Thursday, spurring speculation of an official push, while the dollar nursed broad losses as markets prepared for U.S.…
