Indian Rupee (INR) recovers some lost ground on Thursday. The INR fell on Wednesday, driven by equities outflows and the stronger US dollar (USD). That…
Elliott Wave analaysis: Dollar Index approaching resistance at 104
Markets are sideways but volatility can step in if there will be any major news out from the World Economic Forum in Davos, Switzerland. There are…
Oil remains depressed with OPEC report looking ahead to 2025
Oil prices are remaining depressed this week and throughout this Wednesday with the monthly OPEC report unable to trigger any changes. It gets even worse when…
EUR/GBP dives to near 0.8570 as stubborn UK Inflation dents BoE rate cut bets
The EUR/GBP pair has witnessed an intense sell-off as the consumer price inflation in the United Kingdom economy for December remained surprisingly stubborn. The cross has dropped…
American Airlines Group Inc ($AAL) found buyers after a zigzag pullback
In today’s article, we will look at the past performance of the 1H Hour Elliott Wave chart of American Airlines Group Inc. ($AAL). The rally from 1.03.2024…
Silver Price Analysis: XAG/USD recovery attempts remain limited below $23.00
Silver (XAG/USD), is trading lower for the second consecutive day on Wednesday. The US Dollar remains bid with investors scaling back hopes of Fed easing in 2024 and risk-averse trading,…
Ripple partner SBI Holdings plans NFT roll out on XRP Ledger
SBI Holdings is an ally of cross-border payment remittance firm Ripple. The firm unveiled plans to issue Non-Fungible Tokens (NFT) assets on the XRPL chain,…
Oil remains depressed with OPEC report looking ahead to 2025
Oil prices are remaining depressed this week and throughout this Wednesday with the monthly OPEC report unable to trigger any changes. It gets even worse when…
Euro remains capped near one-month lows with all eyes on the US Retail Sales
The Euro (EUR) is practically flat near one-month lows on Wednesday, consolidating losses after a sharp reversal on Tuesday. The increasing geopolitical tensions in the…
GBP/USD outlook: Cable jumped around 0.4% in European trading on Wednesday
GBP/USD Cable jumped around 0.4% in European trading on Wednesday, lifted by above forecast UK December inflation data, which soured the sentiment about rate cut, pushing percentage…