Canada’s Trans Mountain bets on last-minute oil shippers on high-cost pipeline
By Nia Williams (Reuters) – Canada’s Trans Mountain oil pipeline will rely heavily on last-minute shippers to turn a profit, the corporation’s financial projections show, clouding Ottawa’s efforts to sell…
Pound Tries to Stand Firm. Forecast as of 27.06.2024
The gradual decrease in the Bank of England’s repo rate and its substantial value bolster the appeal of UK assets, foster capital inflows, and restrain the extent of the GBPUSD…
Oil steady as US demand flags but Middle East risk mounts
By Noah Browning LONDON (Reuters) -Oil prices were largely steady on Thursday as a surprise build in U.S. stockpiles fuelled fears about slow demand from the world’s top oil consumer…
Turkey’s Simsek to speak at FATF watchdog meeting in Singapore, state media says
ISTANBUL (Reuters) – Turkish Finance Minister Mehmet Simsek will speak at Financial Action Task Force meeting in Singapore, Turkish state media said on Thursday, ahead of a decision by the…
Short-term Analysis for Oil, Gold, and EURUSD for 27.06.2024
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…
Dollar consolidates ahead of key inflation release; yen nears intervention
Investing.com – The U.S. dollar edged lower in early European trade Thursday, handing back some of the previous sessionβs gains, while the Japanese yen fell into intervention territory. At 04:30…
RBI Greenlights Hitachi Payment Services for Online Payment Aggregation
With the recent approval from the Reserve Bank of India (RBI) to operate as an Online Payment Aggregator, Hitachi Payment Services is set to begin a new chapter in India’s…
Bruised yen mired near multi-decade low with eye on intervention
By Rae Wee SINGAPORE (Reuters) – The yen languished near a 38-year low on Thursday and struggled on the weaker side of 160 per dollar, keeping markets on alert for…
South African rand weakens as focus still on cabinet announcement
JOHANNESBURG (Reuters) – The South African rand was weaker in the early session on Thursday, as traders awaited more details on the composition of President Cyril Ramaphosa’s unity government cabinet,…
Short-term Analysis for BTCUSD, XRPUSD, and ETHUSD for 27.06.2024
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…
