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Financial

The Greenback Extends Waller’s Inspired Losses

December 3, 2024 - by - Leave a Comment

Image Source:   Overview: The US dollar has extended the losses scored late yesterday when Federal Reserve Governor Waller indicated he was still leaning toward a December rate cut. The odds of …

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Financial

US Dollar Settles Down And Turns Flat After French Turmoil Could End Quickly

December 3, 2024 - by - Leave a Comment

 Image Source:    The US Dollar touch softer on some profit-taking after its steep surge registered on Monday.  A vote of no confidence is on the table for Wednesday in …

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Financial

Renewed Demand For US Dollar

December 3, 2024 - by - Leave a Comment

Image Source:   Trump’s warnings to the BRICS nations against a competing currency to the US Dollar, and political turmoil in France have been the major stories over the past 24 …

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Financial

Elliott Wave Technical Analysis – Gold

December 3, 2024 - by - Leave a Comment

Gold Elliott Wave AnalysisGold is expected to continue the bullish cycle from September 2022 as it tries to complete the last leg of the cycle before a major pullback begins. After …

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Financial

Solana Could See A Correction Despite Historic Monthly Close, $400 Still On Sight?

December 3, 2024 - by - Leave a Comment

Solana (SOL) has been one of the leading cryptocurrencies throughout this bull run, seeing a 66.8% jump in the last three months to its latest all-time high (ATH) and flipping …

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Financial

Two Trades To Watch: EUR/USD, Oil Forecast – Tuesday, Dec. 3

December 3, 2024 - by - Leave a Comment

Image Source:   EUR/USD rises but the outlook remains weak France’s government is on the brink of collapse US JOLTS job openings are due EUR/USD recovers from 1.0460 support EUR/USD is …

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Financial

China Is Tanking And It’s Spreading Quickly Around The World

December 3, 2024 - by - Leave a Comment

Image source:   After a weekend of disappointing macro data (which was characterized as “mixed”), China’s markets tanked. Not stocks, of course, instead more record lows in bonds plus a very …

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Financial

Daily Market Outlook – Tuesday, Dec. 3

December 3, 2024 - by - Leave a Comment

Image Source:   Since the recent US limitations on Chinese access to critical semiconductor and AI components weren’t as harsh as anticipated, most Asian markets witnessed gains overnight, especially in the …

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Financial

USD/JPY Forecast: Struggles Below 150

December 3, 2024 - by - Leave a Comment

The US dollar initially did try to recover against the Japanese yen during the trading session on Monday, but a lower than anticipated manufacturing PMI number may have been a …

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Financial

Brent Oil Prices Dip Ahead Of Crucial OPEC+ Meeting

December 3, 2024 - by - Leave a Comment

Image Source:   Brent crude oil prices have declined to 71.65 USD per barrel as the commodity market remains tense ahead of this week’s postponed OPEC+ meeting, now rescheduled for Thursday, …

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