Oil holds near two-month high on summer demand outlook and supply fears
By Arunima Kumar BENGALURU (Reuters) -Oil prices were little changed on Tuesday, trading near two-month highs reached in the previous session on expectations of rising demand during the summer driving…
Dollar edges higher on Trump expectations; euro slips ahead of inflation data
Investing.com – The U.S. dollar edged higher in early European trade Tuesday, recovering after recent losses, while the euro dipped ahead of key inflation data. At 04:30 ET (08:30 GMT),…
Capital.com Joins Forces with TradingView for Advanced Trading Tools
Capital.com, a global trading platform and fintech group, has announced a partnership with TradingView, a provider of charting and analytical tools. This partnership aims to enhance the trading experience for…
Short-term Analysis for Oil, Gold, and EURUSD for 02.07.2024
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…
Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 02.07.2024
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: Elliott Wave analysis for Bitcoin The…
South African rand extends losses on concerns over unity government obstacles
JOHANNESBURG (Reuters) – The South African rand extended losses early on Tuesday on concerns over future challenges for the government of national unity (GNU) and after trading turbulently on Monday…
Politics Drive US Dollar. Forecast as of 02.07.2024
When one party controls Congress and the White House, it is called a sweep and allows it to enact reforms quickly. In this respect, the Republican victory in the elections…
US yields boost dollar and leave yen dazed at 38-year low
By Tom Westbrook SINGAPORE (Reuters) -The dollar was supported by rising U.S. yields and the blowtorch was on low-yielding currencies on Tuesday such as China’s yuan and Japan’s yen, which…
Japan’s fin min affirms FX vigilance but avoids intervention warning
By Makiko Yamazaki TOKYO (Reuters) -Japan’s finance minister said on Tuesday authorities were vigilant to sharp currency market moves, as the yen continued its slump to fresh 38-year lows against…
Gold prices tick lower with Powell, payrolls in focus; copper weak
Investing.com– Gold prices fell slightly in Asian trade on Tuesday, remaining in a tight trading range as anticipation of a slew of cues on U.S. interest rates kept traders largely…
