Forex

2024.10.09 2024.10.09 Oil Surges Amid Israel-Iran Escalation. Forecast as of 09.10.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The oil market is still awaiting further developments. Potential factors that could influence the market include Israel’s retaliation against Iran, China’s new fiscal stimulus, and the possible impact of hurricanes in the Gulf of Mexico. This news could lead to an increase…

An overview of stock market charts since the beginning of the month reveals that while the Nasdaq 100 index (US Tech 100 mini on FXOpen) is in positive territory, Microsoft (MSFT) shares have underperformed significantly. The opening price on 1st October was $427.47, but by yesterday’s close, it had fallen over 3%. One of the…

Investing.com – The US dollar received a boost last week, but UBS has advised caution for those looking for a quick reversal of recent strength, only seeing very selective opportunities for now. “Our expectation last week that ‘conventional’ G10 news linked to US labor market developments would overwhelm ‘unconventional’ factors such as geopolitics, oil price…

Real-time financial data company Truflation said Wednesday that it has partnered with Digital Asset Solutions to launch the AI Index. The index is designed to track the performance of Artificial Intelligence companies and the Real World Assets (RWAs) driving generative AI. The index comes at a time when the global AI market is experiencing rapid…

I’ve been using a Mac as my main computer for over two years. My needs are coding and trading, so nothing complicated. I have tried MetaTrader for Mac from Metaquotes, which in my opinion is a complete disaster. It looks outdated, and the MQL5 market doesn’t work either. That’s the result of the standard MetaTrader…

Payment services firm Worldline and Online Payment Platform (OPP), a specialised payment provider for platforms and marketplaces, announced a new Embedded Payments solution tailored for the European market on Wednesday. The collaboration aims to address the evolving payment needs of businesses operating platforms and marketplaces across Europe. The Embedded Payments solution integrates OPP’s specialised payment…

A strong US labour market report, released last week, has contributed to the decline in European and commodity currencies. The USD/CAD pair managed to strengthen above 1.3600, the AUD/USD pair tested 0.6720 as support, and the NZD/USD pair dropped below the 0.6100 mark. The increase in average wages (0.4% vs. expected 0.3%) and the rise…