Dollar gains ahead of Powell testimony; euro stabilizes

Investing.com – The U.S. dollar edged higher in early European trade Tuesday, bouncing off its lowest level in a month ahead of Fed Chair Jerome Powell’s testimony to the Senate,…

Short-term Analysis for Oil, Gold, and EURUSD for 09.07.2024

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…

Finseta Sees 42% Revenue Jump as Forex Platform Gains Traction

Finseta plc (AIM: FIN), a foreign exchange and payments solutions provider, announced financial results for the first half of 2024, with revenue soaring approximately 42% to £5.1 million compared to…

Euro Remains in Play. Forecast as of 09.07.2024

France has avoided the worst, and this circumstance supports the EURUSD bulls. However, something can go wrong at any moment. The market is waiting for Jerome Powell’s speech and inflation in…

Oil prices hold steady as concerns over hurricane damage ease

By Colleen Howe and Trixie Yap (Reuters) -Oil prices were little changed on Tuesday after a hurricane that hit a key U.S. oil-producing hub in Texas caused less damage than…

Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 09.07.2024

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: Key takeaways BTCUSD: Wave Z may…

Market Analysis: Today’s Moves in Oil, Gold, and EURUSD

Market analysis plays a crucial role for traders looking to navigate the complexities of financial markets. Today, we delve into the latest market analysis for oil, gold, and EURUSD. By…

Dollar Stabilizes Ahead of Inflation Data, Euro gains

The dollar stabilizes as investors closely monitor key inflation data and the outcomes of the French parliamentary elections. This period of market activity presents a significant moment for global currencies,…

Gold prices advance with Powell testimony in focus

Investing.com– Gold prices rose in Asian trade on Tuesday, recouping some overnight losses as traders held out for dovish signals from an upcoming testimony from Federal Reserve Chair Jerome Powell. …

Asia FX muted as dollar steadies ahead of Powell; yen remains fragile

Investing.com– Most Asian currencies edged lower on Tuesday as the dollar found some strength before a testimony by Federal Reserve Chair Jerome Powell, while the yen languished around 38-year lows. …