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Sep 11, 24 •
63 Views •
Forex Trading Articles, Top News •
Zahir Shah
Comments Off on Short-Term Price Projections for BTCUSD, XRPUSD, and ETHUSD
Cryptocurrencies continue to draw attention from traders and investors, especially the market leaders such as Bitcoin (BTC), Ripple (XRP), and Ethereum (ETH). As these assets have grown, so too has the need for accurate price projections, especially in the...
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Jan 9, 24 •
491 Views •
Top News •
Zahir Shah
Comments Off on US Dollar Falls as Pressure Mounting Ahead of US CPI Data
The dollar fell against the euro and the yen on Monday as investors weighed mixed U.S. economic data over the past week and looked ahead to the release of a key inflation gauge for further clues about when the Federal Reserve is likely to begin a tapering...
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Jan 4, 24 •
514 Views •
Top News •
Zahir Shah
Comments Off on Global Oil Markets Face Challenges as Demand Lags Behind Surging Supply
Oil markets closed the year on a sober note, experiencing their first dip into the red since 2020. Analysts attribute this downturn to various factors, signaling a shift from pandemic-driven price recovery to a market increasingly influenced by speculators....
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Jan 3, 24 •
491 Views •
Top News •
Zahir Shah
Comments Off on US Oil Production Hits Record Highs, Impacting Biden’s Climate Agenda
In a surprising turn of events, the United States has become the leading global producer of oil under President Biden’s administration, breaking records and reshaping geopolitical dynamics. Despite the significant impact on gas prices and OPEC’s...
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Dec 18, 23 •
636 Views •
Top News •
Zahir Shah
Comments Off on Financial Markets Stabilize After Central Banks Saga
On Monday, December 18, here’s what you need to know: The Bank of Japan is expected to announce its decision in anticipation of tomorrow’s latest policy meeting. There has been speculation concerning when the Bank would finally end its...
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Nov 23, 23 •
689 Views •
Forex News, Top News •
Zahir Shah
Comments Off on Forex Signals Today: EU, UK Manufacturing and Services PMIs
The USD gained after finding a bottom on Tuesday yesterday due to a yield turnaround after earlier falls. Consumer sentiment in Michigan continued to support the economy, as consumer forecasts for inflation one and five years away continued to be higher, with...
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Nov 22, 23 •
766 Views •
Forex News, Top News •
Zahir Shah
Comments Off on US Dollar Stabilizes as Focus Shifts to Thanksgiving, Data Releases
The following are the things you need to know on Wednesday, November 22 2023: Despite Monday’s sharp decline, the US Dollar Index managed to gain some small daily points on Tuesday. The USD continues to hold its ground against its rivals early...
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Nov 21, 23 •
501 Views •
Top News •
Zahir Shah
Comments Off on Inflation Data from Canada and Fomc Minutes Could Spark a Market Rally
On Tuesday, November 21, here’s what you need to know: Despite the bullish action on Wall Street on Monday, the US Dollar (USD) suffered losses against its major rivals as risk flows continued to dominate the financial markets. Investors are focusing on...
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Nov 17, 23 •
543 Views •
Top News •
Zahir Shah
Comments Off on US Housing Data Leads to Choppy Trading
The following information is important for Friday, November 17: The financial markets remained relatively quiet for a third consecutive Friday due to a lack of fundamental drivers. US economic data will include Housing Starts and Building Permits, while...
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Oct 9, 23 •
544 Views •
Top News •
Zahir Shah
Comments Off on Safe-Haven Flows Dominate as Tensions Between Israel and Hamas Escalate
Here is what you need to know on Monday, October 9: After Israel declared war on the Palestinian Hamas group on Tuesday, investors sought refuge to start the week as geopolitical tensions escalated. At last, the US Dollar Index traded in positive territory...
