Nigeria's parliament approves $36.6 billion budget for 2025

Nigeria's parliament approves $36.6 billion budget for 2025
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Nigeria's parliament approves $36.6 billion budget for 2025
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Platinum (PL) has developed a strong five‑wave nesting impulse from the March 2020 low, reinforcing the view that the right side of the market remains higher. In this article, we present the latest long‑term Elliott Wave outlook. Platinum (PL) Monthly Elliott Wave Chart The monthly Platinum chart highlights a strong nesting impulse that began after…
USD/JPY failure to have a clear break below 140.25 coupled with BoJ Governor Ueda’s cautious rhetoric has increased the odds of a mean reversion rebound. A swift increase in large speculators’ net bullish open positioning in the JPY futures market to a 5-year high makes the USD/JPY vulnerable to a short squeeze. Watch the key…
Dollar Rises After Announcements by the Fed and in Response to A Trade Deal Between the U.S. and U.K. May 8, 2025 The dollar strengthened 0.8% against the yen, 0.3% versus the Swiss franc, 0.4% against the Canadian dollar, 0.1% versus the New Zealand and Australian dollars, and 0.2% relative to the euro. The Federal…
The Average Directional Index (ADX) is a popular technical tool that measures the strength of a trend, regardless of its direction. It is usually displayed with two additional lines, +DI and –DI, which indicate positive and negative directional movement. Traders rely on the ADX to determine if a market is trending strongly or if it…
The British pound is steady on Tuesday. In the North American session, GBP is trading at 1.2678 at the time of writing, unchanged on the day. On Monday, the pound ended a six-day slide, during which the currency lost 2.8%. Markets brace for higher UK inflation The Bank of England has done an excellent job…
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